Asetek A/S

Transaction in Own Shares • Aug 10, 2020

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

August 10, 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 Commission Delegated Regulation (EU) no. 2016/1052, also referred to as the Safe Harbour rules.

Trading day		Number of shares bought back	Average purchase price (NOK)	Amount (USD)
Total, latest announcement		444,014	57.1446	2,669,770.69
53: 3August 2020		5,718	64.6230	40,424.86
54: 4August 2020		6,305	64.5073	44,535.68
55: 5August 2020		5,079	64.7414	36,696.49
56: 6August 2020		7,932	64.3599	56,818.95
57: 7August 2020		7,000	62.5445	48,290.61
Total accumulated over week	32/2020	32,034	64.0997	226,766.59
Total accumulated during the share buy-back programme		476,048	57.6126	2,896,537.28

With the transactions stated above, the Company owns a total of 653,666 shares as treasury shares, corresponding to 2.53% 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