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

May 31, 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, 56,914 95,8787 659,004.14
latest
announcement
19: 25 May 2021 3,500 96.0441 40,506.60
20: 26 May 2021 3,000 94.6108 34,173.42
21: 27 May 2021 3,000 95.1145 34,155.62
22: 28 May 2021 3,000 95.6982 34,365.22
Total 12,500 95.3940 143,200.86
accumulated
over week
21/2021
Total 69,414 95.7914 802,204.99
accumulated
during the
share buy
-back
programme

With the transactions stated above, the Company owns a total of 1,253,351 shares
as treasury shares, corresponding to 4.74% 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 May 31, 2021 at 16:15 CEST