Asetek A/S

Transaction in Own Shares • Jun 15, 2020

Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the "Safe Harbour Method"

Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the "Safe Harbour Method"

June 15, 2020 - On May 19, 2020, Asetek A/S launched a share buyback programme,

as described in company announcement of May 19, 2020. According to the

programme, Asetek A/S will in the period until September 30, 2020 buy back own

shares up to a maximum value of USD 4.5 million and with a maximum of 1,038,082

shares. The share buyback programme will be implemented in accordance with

Regulation (EU) no. 596/2014 of 16th April 2014 of the European Parliament and

Council and Commission Delegated Regulation (EU) no. 2016/1052, also referred to

as the Safe Harbour rules.

Trading day Number of Average Amount

shares bought purchase price (USD)

back (NOK)

Total, 134,822 56.1118 755,964

latest

announcement

13: 15 June 9,000 57.5616 55,743

2020

14: 16 June 10,737 55.5433 63,811

2020

15: 17 June 10,000 52.9873 56,696

2020

16: 18 June 8,356 52.0962 46,100

2020

17: 19 June 9,911 52.5982  54,007

2020

Total 24/2020 48,004 54.1812 276,357

accumulated

over week

Total 182,826 55.6049 1,052,321

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 360,444 shares

as treasury shares, corresponding to 1.40% of the share capital. See the

enclosure for information about the individual transactions made under the share

buyback programme.

About Asetek

Asetek is the global leader in liquid cooling solutions for gaming and

enthusiast PCs, data centers and servers. Founded in 2000, Asetek is

headquartered in Denmark and has operations in California, Texas, China and

Taiwan. Asetek is listed on the Oslo Stock Exchange (ASETEK.OL).

www.asetek.com

For further information, please contact:

Peter Dam Madsen, Chief Financial Officer

Mobile: +45 2080 7200, e-mail: pdm@asetek.com

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