Transactions of executives and related parties in Asetek shares

According to the Market Abuse Regulation art. 19, Asetek A/S (the "Company") announces to have received notifications regarding transactions in the Company's shares and related securities by persons discharging managerial responsibilities and persons closely associated with them.

Reference is made to the company announcement of 2 December 2024 regarding the Company's rights issue with pre-emptive subscription rights for the Company's existing shareholders (the "Offering"). The Offering comprises at least 150,000,000 new shares and up to 294,941,676 new shares with a nominal value of DKK 0.10 each. Existing shareholders are entitled to an allocation of three (3) preemptive rights for each one (1) existing share. For every one (1) preemptive right, the holder will be entitled to subscribe for one (1) new share against payment of the subscription price of DKK 0.40 per new share.

Transactions made in connection with the Offering:

Chairman of the board of directors of Asetek A/S René Svendsen-Tune has on 9 December 2024 purchased 1,774,475 preemptive rights at a price of DKK 0.025 per preemptive right. The preemptive rights have been purchased from Chief Executive Officer André Sloth Eriksen. Additionally, René Svendsen-Tune has on 11 December 2024 exercised 1,774,475 preemptive rights to purchase an equal quantity of shares at a price of DKK 0.40 per share. 

Chief Executive Officer of Asetek A/S André Sloth Eriksen has on 9 December 2024 sold 1,774,475 preemptive rights at a price of DKK 0.025 per preemptive right. The preemptive rights have been sold to Chairman of the board of directors René Svendsen-Tune. Additionally, André Sloth Eriksen has on 9 December 2024 exercised 148,909 preemptive rights to purchase an equal quantity of shares at a price of DKK 0.40 per share. 

The notifications are attached to this announcement.

On 5 December 2024, vice chairman of the board of directors Erik Damsgaard notified the Company that he had exercised 435,801 preemptive rights to purchase an equal quantity of shares at a price of DKK 0.40 per share in connection with the Offering. The preemptive right was held and exercised by Erik Damsgaard's wholly-owned holding company ED Management ApS, a person closely associated with Erik Damsgaard, and a corrective notification has been submitted and is attached to this announcement

For further information, please contact:

Per Anders Nyman, Head of Investor Relations
Mobile: +45 2566 6869
E-mail: pny@asetek.com

About Asetek

Asetek (ASTK), a global leader in mechatronic innovation, is a Danish garage-to-stockexchange success story. Founded in 2000, Asetek established its innovative position as the leading OEM developer and producer of the all-in-one liquid cooler for all major PC & Enthusiast gaming brands. In 2021, Asetek introduced its line of products for next level immersive SimSports gaming experiences. Asetek is headquartered in Denmark and has operations in China, Taiwan and the United States.

www.asetek.com