Asetek A/S - AGM Information 2019

Asetek - Outcome of Annual General Meeting

- Following the general meeting, the Board of Directors constituted itself with

Mr. Jukka Pertola as chairman and Mr. Chris Christopher as vice chairman.

Aalborg, April 10 2019 - Asetek A/S (OSE: ASETEK) today held the annual general

meeting at its offices in Aalborg, Denmark. The general meeting took note of the

report by the Board of Directors and Management, and the audited annual report

for 2018 was approved.

The Nomination Committee reported on its activities during last year. The

committee noted that Jim McDonnell was not available for re-election. The

proposed candidates were all elected, and the Board of Directors is hereinafter

composed of the following:

- Chris J. Christopher

- Jørgen Smidt

- Maria Hjorth

- Erik Damsgaard

- Jukka Pertola

The following were elected to the Nomination Committee and the Committee is

hereinafter composed of the following:

- Ib Sønderby

- Claus Berner Møller

- Jørgen Smidt

Following the general meeting, the Board of Directors constituted itself with

Mr. Jukka Pertola as chairman and Mr. Chris Christopher as vice chairman.

Mr. Ib Sønderby is chairman of the Nomination Committee. Mr. Chris Christopher

is chairman of the Audit Committee, and Mr. Jørgen Smidt is chairman of the

Compensation Committee.

All proposals were adopted.

The general meeting authorized the Board of Directors to, until the next annual

general meeting, to acquire the Company's own shares.

PricewaterhouseCoopers, State Authorized Public Accountants were re-elected as

auditors.

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For further information, please contact:

André S. Eriksen, Chief Executive Officer Mobile: +45 2125 7076, e

Peter Dam Madsen, Chief Financial Officer Mobile: +45 2080 7200, e

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