Asetek A/S

Major Shareholding Notification • May 6, 2020

ASETEK - Disclosure of Shareholding

ASETEK - Disclosure of Shareholding

. Date: 5. May 2020

. Instrument: Asetek A/S

. Shareholder: Allianz Global Investors GmbH

. Shares owned: 1,289,004 of nominally NOK 0.10 each

. New Holding in percent of capital and votes: 4.998%

. Reason for the notification: Disposition of shares

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Asetek A/S

Peter Dam Madsen

Chief Financial Officer