Asetek A/S

Transaction in Own Shares • Sep 8, 2020

Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the "Safe Harbour Method"

September 08, 2020 - On May 19, 2020, Asetek A/S launched a share buyback programme, as described in company announcement of May 19, 2020. According to the programme, Asetek A/S will in the period until September 30, 2020 buy back own shares up to a maximum value of USD4.5 million and with a maximum of 1,038,082 shares. The share buyback programme will be implemented in accordance with Regulation (EU) no. 596/2014 of 16thApril 2014 of the European Parliament and Council and ommission Delegated Regulation (EU) no. 2016/1052, also referred to as the Safe Harbour rules.

Total accumulated during the share buy-back programme		584,704	61.5261	3,856,297.66
Total accumulated over week 36/2020		26,829	83.4838	253,095.59
77:	4 September 2020		7,000	81.9722	63,864.54
76:	3 September 2020		4,875	80.7792	44,144.82
75:	2 September 2020		4,954	83.2273	46,755.73
74:	1 September 2020		5,000	84.8734	48,377.84
73:	31August 2020		5,000	87.1014	49,952.65
Total, latest announcement		557,875	60.4702	3,603,202.07
Trading day		Number of shares bought back	Average purchase price (NOK)	Amount (USD)

With the transactions stated above, the Company owns a total of 762,322 shares as treasury shares, corresponding to 2.95% of the share capital. See the enclosure for information about the individual transactions made under the share buyback programme.

About Asetek

Asetek is the global leader in liquid cooling solutions for gaming and enthusiast PCs, data centers and servers. 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).

www.asetek.com

For further information, please contact: Peter Dam Madsen, Chief Financial Officer Mobile: +45 2080 7200, e-mail: pdm@asetek.com

Asetek A/S Assensvej 2 DK-9220Aalborg East Denmark