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"

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 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		182,826	55.6049	1,052,321
18:	15 June 2020		14,832	47.9703	74,636
19:	16 June 2020		6,180	50.9719	33,107
20:	17 June 2020		10,000	53.8445	56,429
21:	18 June 2020		9,839	56.0294	57,829
22:	19 June 2020		5,000	54.0352	28,125
Total accumulated over week 25/2020		45,851	52.0468	249,937
Total accumulated during the share buy-back programme		228,677	54.8915	1,302,258

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