Asetek A/S

Regulatory Filings • May 16, 2018

Asetek Receives Order For New HPC Cluster From Fujitsu

Aalborg, Denmark,16 May 2018 –Asetek today announced an order from Fujitsu, an established global data center OEM, for a new High Performance Computing (HPC) system at a currently undisclosed location in Japan.

This major installation will be implemented usingAsetek's RackCDU™ liquid cooling solution throughout the cluster which includes 1300 Direct-to-Chip (D2C) coolers for the cluster's compute nodes.

"We are pleased to see the continuing success of Fujitsu usingAsetek's technology in large HPCclusters around the world," saidAndré Sloth Eriksen, CEOand founder ofAsetek

The order has a value of USD600,000 with delivery to be completed in Q3 2018, and does not change the overall revenue guidance for the year.

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 further information, please contact:

CEOand Founder André S. Eriksen +45 2125 7076, email: ceo@asetek.com