Asetek A/S

Pre-Annual General Meeting Information • Apr 14, 2023

ASETEK - Notice of Annual General Meeting May 9, 2023

ASETEK - Notice of Annual General Meeting May 9, 2023

The Board of Directors of Asetek A/S hereby gives notice of the annual general

meeting to be held on May 9th 2023 in Aalborg, Denmark.

The notice convening the general meeting, the agenda, and the full text of all

proposals can be downloaded

from here (https://ir.asetek.com/files/doc_downloads/general_meetings/2023/Notice

-of-annual-general-meeting-2023.pdf).

On the day of the notice of the general meeting there are 27,147,225 shares and

27,147,225 voting rights in Asetek A/S.

The following documents will be submitted to the general meeting:

· Annual Report

202 (https://ir.asetek.com/files/doc_downloads/general_meetings/2023/Asetek

-Annual-Report

-2022.pdf)2 (https://ir.asetek.com/files/doc_downloads/general_meetings/2023/Aset

ek-Annual-Report-2022.pdf)

· Remuneration Report

2022 (https://ir.asetek.com/files/doc_downloads/general_meetings/2023/Remuneratio

n-Report-2022.pdf)

· Proposed amended Articles of

Association (https://ir.asetek.com/files/doc_downloads/general_meetings/2023/Noti

ce-of-annual-general-meeting-2023.pdf)

Notice of the meeting has been sent by email to the shareholders whom have

requested communication vie email. A blank version of the notice of attendance,

proxy and ballot can be downloaded

from here (https://ir.asetek.com/files/doc_downloads/general_meetings/2023/Attend

ance-notice-and-proxy-AGM-2023.pdf).

Please note that if you keep your shares in a nominee account, which is typical

for non-Norwegian investors, the Company does not have access to your name and

other personal details. This means that invitations for general meetings, etc.

may not automatically reach you.

You may want to work with your custodian/nominee bank to ensure that your shares

are registered in your name. Or, if you can document your ownership as per the

registration date 2 May, 2023, you can submit this documentation together with

your postal or proxy vote, and your vote will be registered if the chairperson

of the general meeting can accept the provided documentation.

Bios for the individuals proposed for re-election to the Board of Directors:

· Jukka Pertola (https://ir.asetek.com/governance/board-of

-directors/default.aspx#Jukka-Pertola)

· Erik Damsgaard (https://ir.asetek.com/governance/board-of

-directors/default.aspx#Erik-Damsgaard)

· Maria Hjorth (https://ir.asetek.com/governance/board-of

-directors/default.aspx#Maria-Hjorth)

· Maja Frølunde Sand-Grimnitz (https://ir.asetek.com/governance/board-of

-directors/default.aspx#Maja-Sand-Grimnitz)

Bio for the individual proposed for election to the Board of Directors:

· René Svendsen-Tune (https://ir.asetek.com/governance/board-of

-directors/default.aspx#Ren%C3%A9-Svendsen-Tune)

Bios for the individuals proposed for the Nomination Committee:

· Ib Sønderby (https://ir.asetek.com/governance/external-committee

-members/default.aspx#Ib-S%C3%B8nderby)

· Claus Berner Møller (https://ir.asetek.com/governance/external-committee

-members/default.aspx#Claus-Berner-M%C3%B8ller)

· René Svendsen-Tune (https://ir.asetek.com/governance/board-of

-directors/default.aspx#Ren%C3%A9-Svendsen-Tune)

For further information, please contact:

Peter Dam Madsen

Chief Financial Officer

Mobile: +45 2080 7200

e-mail: investor.relations@asetek.com

This information is subject to the disclosure requirements pursuant to Section 5

-12 of the Norwegian Securities Trading Act. This stock exchange release was

published by Peter Dam Madsen, CFO at Asetek A/S, on April 14, 2023 at 14:00

CEST.