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

December 1, 2020 - On October 23, 2020, Asetek A/S launched a share buyback
programme, as described in company announcement of October 23, 2020. According
to the programme, Asetek A/S will in the period until March 5, 2021 buy back own
shares up to a maximum value of USD 4 million and with a maximum of 381,000
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  ommission 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, 104,866 81.8762 931,357.54
latest
announcement
22: 23 November 2,973 94.6083 31,024.13
2020
23: 24 November 2,865 92.8362 29,815.88
2020
24: 25 November 2,696 96.7816 29,484.32
2020
25: 26 November 2,938 98.3371 32,560.65
2020
26: 27 November 2,899 98.0991 32,192.87
2020
Total 14,371 96.1292 155,077.85
accumulated
over week
48/2020
Total 119,237 83.5940 1,086,435.39
accumulated
during the
share buy
-back
programme

With the transactions stated above, the Company owns a total of 939,113 shares
as treasury shares, corresponding to 3.55% 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

Asetek A/S
Assensvej 2
DK-9220 Aalborg East
Denmark