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Regulatory press release

Asetek - Update to Full-year 2023 Guidance

Asetek
Aalborg, Denmark - June 7, 2023 - Asetek today updated its full-year 2023
revenue and operating income expectations due to increased demand for liquid
cooling products for gamers and enthusiasts.

Asetek expects to report an increase in Group revenue for 2023 in the range of
25% to 35% compared with 2022, and a projected operating income of about $5 to
$7 million. The updated expectations reflect: increased sales after a period of
channel inventory adjustments
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