Asetek A/S

Transaction in Own Shares • Jun 22, 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 22, 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, 182,826 55.6049 1,052,321

latest

announcement

18: 15 June 14,832 47.9703 74,636

2020

19: 16 June 6,180 50.9719 33,107

2020

20: 17 June 10,000 53.8445 56,429

2020

21: 18 June 9,839 56.0294 57,829

2020

22: 19 June 5,000 54.0352 28,125

2020

Total 25/2020 45,851 52.0468 249,937

accumulated

over week

Total 228,677 54.8915 1,302,258

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 406,295 shares

as treasury shares, corresponding to 1.57% 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