Asetek A/S

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

June 2, 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, 39,099 52.6515 206,968.48

latest

announcement

4: 25 May 2020 14,699 57.6225 84,275.83

5: 26 May 2020 13,964 56.1056 79,050.94

6: 27 May 2020 12,048 55.8164 68,592.58

7: 28 May 2020 9,394 56.4350 54,075.34

8: 29 May 2020 7,000 56.1254 40,505.70

Total 22/2020 57,105 56.4917 326,500.40

accumulated

over week

Total 96,204 54.9310 533,468.88

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 273,822 shares

as treasury shares, corresponding to 10.61% 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: [email protected]

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