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

August 24, 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, 223,718 98.8668 2,588,527.21
latest
announcement
78: 16 August 2021 3,000 88.4880 30,023.98
79: 17 August 2021 3,000 83.1758 28,146.69
80: 18 August 2021 3,000 79.1738 26,673.65
81: 19 August 2021 4,000 75.9836 33,767.11
82: 20 August 2021 3,459 76.6977 29,341.89
Total 16,459 80.3053 147,953.32
accumulated
over week
33/2021
Total 240,177 97.5948 2,736,480.53
accumulated
during the
share buy
-back
programme

With the transactions stated above, the Company owns a total of 1,424,114 shares
as treasury shares, corresponding to 5.39% 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