Asetek A/S

Transaction in Own Shares • Jun 29, 2020

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

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

June 29, 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 USD 4.5 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 16th April 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 Average Amount

shares bought purchase price (USD)

back (NOK)

Total, 228,677 54.8915 1,302,258

latest

announcement

23: 22 June 9,892 54.3911 56,063

2020

24: 23 June 8,876 55.7124 51,527

2020

25: 24 June 6,581 58.2612 40,182

2020

26: 25 June 9,103 55.3905 52,086

2020

27: 26 June 6,179 55.0108 34,943

2020

Total 26/2020 40,631 55.6247 234,802

accumulated

over week

Total 269,308 55.0021 1,537,060

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 446,926 shares

as treasury shares, corresponding to 1.73% 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