August 17, 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,                  209,218        98.4474      2,417,132.93
latest
announcement
73:  9 August 2021       3,000         106.1087      35,620.69
74:  10 August 2021      3,000         110.8180      37,234.85
75:  11 August 2021      2,500         113.9740      32,140.67
76:  12 August 2021      2,500         105.9874      29,941.44
77:  13 August 2021      3,500         91.6111       36,456.64
Total                   14,500         104.9188      171,394.28
accumulated
over week
32/2021
Total                   223,718        98.8668      2,588,527.21
accumulated
during the
share buy
-back
programme

With the transactions stated above, the Company owns a total of 1,407,655 shares
as treasury shares, corresponding to 5.33% 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

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