Asetek A/S

AGM Information • Jul 3, 2014

ASETEK - Outcome of extraordinary general meeting

ASETEK - Outcome of extraordinary general meeting

- Proposals to elect new board members adopted.

Aalborg, July 3 2014 - Asetek A/S (OSE: ASETEK) today held an

extraordinary general meeting at its address in Aalborg, Denmark. The

extraordinary meeting approved the proposals to elect two new board

members as set forward by the Board of Directors.

The following candidates were unanimously elected to the Board of

Directors:

- Peter Gross (http://asetek.com/investor-relations/corporate

-governance/board-of-directors/peter-gross.aspx)

- Jim McDonnell (http://asetek.com/investor-relations/corporate

-governance/board-of-directors/jim-mcdonnell.aspx)

After the general meeting, the Board of Directors consists of the

following members:

- Samuel Szteinbaum (chairman)

- Bengt Oluf Thuresson

- Chris J. Christopher

- Knut Oeversjoen

- Peter Gross

- Jim McDonnell

For further information, please contact:

Andre S. Eriksen, Chief Executive Officer

Mobile: +45 2125 7076, e-mail: ceo@asetek.com

Peter Madsen, Chief Financial Officer

Mobile: +1 408 813 4147, e-mail: investor.relations@asetek.com