PR Newswire | Nov 24, 2020 09:57PM EST

Programme in Accordance With the 'Safe Harbour Method'

11/24 20:56 CST

Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the 'Safe Harbour Method' OSLO, Norway, Nov. 25, 2020

OSLO, Norway, Nov. 25, 2020 /PRNewswire/ -- 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.

Number of shares Amount (USD) bought Average purchase priceTrading day back (NOK)

84,493 Total, latest announcement 79.6519 726,077.05

16 November 2020 4,410 87.264517: 42,408.98

17 November 2020 3,963 92.704018: 40,485.93

18 November 2020 4,000 88.474019: 39,211.68

19 November 2020 5,000 91.726920: 50,816.70

20 November 2020 3,000 97.081321: 32,357.20

20,373 Total accumulated over week 47/2020 91.1008 205,280.48

Total accumulated during the 104,866 share buy-back programme 81.8762 931,357.54

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

Asetek A/SAssensvej 2DK-9220 Aalborg EastDenmark

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https://news.cision.com/asetek/r/asetek-a-s-announces-transactions-carried-out-under-the-current-share-buyback-programme-in-accordanc,c3243031

The following files are available for download:

https://mb.cision.com/Main/6758/3243031/1339510.pdf Release

https://mb.cision.com/Public/6758/3243031/a41212d6fe02c1a6.pdf Week 47

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SOURCE Asetek