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Asetek A/S

Earnings Release • Jul 21, 2017

6301_rns_2017-07-21_570e36cd-79ff-4a98-8927-0cbf522d3c29.pdf

Earnings Release

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Asetek – Update to Full Year 2017 Revenue Guidance

21 July, 2017 – Asetek communicated in its first quarter 2017 report announced 26April 2017 that the company's expectation for full year 2017 revenue guidance within the company's desktop segment would be single digit growth over 2016.

The company today announces that due to continued positive development withinAsetek's desktop segment, the company increases its full year 2017 desktop segment revenue guidance from single-digit growth to growth between 10% and 20% compared to the full year 2016.

About Asetek

Asetek is the global leader in liquid cooling solutions for data centers, servers and PCs. 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).

For questionsor further information, please contact:

CEOand Founder André S. Eriksen, +45 2125 7076, email: [email protected]