PR Newswire | Mar 3, 2021 12:06AM EST

Programme in Accordance With the "Safe Harbour Method"

03/02 23:05 CST

Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the "Safe Harbour Method" OSLO, Norway, March 3, 2021

OSLO, Norway, March 3, 2021 /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 Commission Delegated Regulation (EU) no. 2016/1052, also referred to as the Safe Harbour rules.

Number of AverageTrading day shares bought purchase price Amount (USD) back (NOK)

Total, latest announcement 314,463 99.3462 3,565,286.10

83: 22 February 2021 3,118 112.9888 41,536.06

84: 23 February 2021 3,500 109.7221 45,276.82

85: 24 February 2021 4,000 107.1936 50,766.89

86: 25 February 2021 3,500 103.2141 43,024.80

87: 26 February 2021 3,159 102.3359 37,403.39

Total accumulated over week 8/2021 17,277 107.0573 218,007.97

Total accumulated during the 331,740 99.7478 3,783,294.07 share buy-back programme

With the transactions stated above, the Company owns a total of 1,165,987 shares as treasury shares, corresponding to 4.35% 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 MadsenChief Financial OfficerMobile: +45 2080 7200e-mail: pdm@asetek.comAsetek A/SAssensvej 2DK-9220 Aalborg EastDenmark This information was brought to you by Cision http://news.cision.com https://news.cision.com/asetek/r/asetek-a-s-announces-transactions-carried-out-under-the-current-share-buyback-programme-in-accordanc,c3299191 The following files are available for download: https://mb.cision.com/Main/6758/3299191/1381646.pdf Release https://mb.cision.com/Public/6758/3299191/a52729b8ed1f2c05.pdf Week 8

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SOURCE Asetek