Asetek A/S

Transaction in Own Shares • Jul 21, 2021

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"

July 21, 2021 - On April 26, 2021, Asetek A/S launched a share buyback

programme, as described in company announcement of April 26, 2021. According to

the programme, Asetek A/S will in the period until September 2, 2021 buy back

own shares up to a maximum value of USD 3 million and with a maximum of 237,100

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 (USD)

shares bought purchase price

back (NOK)

Total, 145,718 98.1692 1,704,095.57

latest

announcement

53: 12 July 2021 3,500 100.9607 40,707.35

54: 13 July 2021 3,000 98.7553 33,892.82

55: 14 July 2021 4,000 96.3565 44,092.73

56: 15 July 2021 4,000 94.9416 43,141.46

57: 16 July 2021 4,000 92.6891 41,969.62

Total 18,500 96.5177 203,804.00

accumulated

over week

28/2021

Total 164,218 97.9832 1,907,899.56

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 1,348,155 shares

as treasury shares, corresponding to 5.10% 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 (ASTK.OL).

www.asetek.com

For further information, please contact:

Peter Dam Madsen, Chief Financial Officer

Mobile: +45 2080 7200, e-mail: pdm@asetek.com

Asetek A/S

Assensvej 2

DK-9220 Aalborg East

Denmark

This information is subject to the disclosure requirements pursuant to Section 5

-12 of the Norwegian Securities Trading Act. This stock exchange release was

published by Peter Dam Madsen, CFO at Asetek A/S, on July 21, 2021 at 10:55 CEST