Asetek A/S

Asetek - Share Capital Increase Upon Exercise of Warrants

Reference is made to warrants issued by Asetek A/S, Danish central business

adopted on August 11, 2015.

Pursuant to the applicable warrant terms, the warrants are exercisable in

exercise windows open in a four weeks period running from the Company's

preliminary announcement of its financial statements or publication of its

interim financial report however no later than 7 years after the Subscription

Date as specified in the Subscription Agreement, at 12 noon.

Each warrant gives the holder the right but not the obligation, to subscribe for

one share in the Company of a nominal value of DKK 0.1 at NOK 10.60 per share.

The Company has now received exercise notices from warrant holders aggregating

147,091 warrants distributed as follows:

Warrants

Warrants issued on August 11, 2015 147,091

In total 147,091

The holders of the 147,091 exercised warrants will subscribe for the

corresponding 147,091 shares of each nominally DKK 0.10 in the Company and the

Company has received the following corresponding subscription price:

Shares Subscription Price

Warrants issued on August 11, 2015 147,091 NOK 1,559,164.60

In total 147,091 NOK 1,559,164.60

Consequently, the share capital increase resulting from the exercise of the

warrants (from nominally DKK 2,700,013.40 by nominally DKK 14,709.10 to

nominally DKK 2,714,722.50) will now be registered and the newly issued shares

will be divided between the warrant holders having issued an exercise notice in

accordance with the above.

The shareholders' register kept by the Norwegian central securities depository

Verdipapirsentralen ASA and DNB Bank ASA respectively, the warrants' register

and the articles of association of the Company will be updated accordingly.

Asetek A/S

Peter Dam Madsen

Chief Financial Officer

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 June 01, 2022 at 08:50

CEST.

Peter Dam MadsenChief Financial Officer+45 9645

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