#Israel #Camtek #Migdal Haemek #Semiconductor #Lior Aviram

Camtek Ltd Enhances Leadership with New Executive Chairman

In a significant move for the future of the company, Camtek Ltd. (NASDAQ: CAMT, TASE: CAMT) has officially nominated Lior Aviram as the new Executive Chairman of the Board. This appointment is set to take effect on June 1, 2025, pending the approval of shareholders during the upcoming annual general meeting.

A New Chapter in Leadership

Lior Aviram is no stranger to Camtek, having collaborated closely with the company for over 25 years. His deep understanding of the tech ecosystem, honed over more than 30 years as a legal counsel for both Israeli and global technology enterprises, positions him as an ideal candidate for the role. With a background rich in managing strategic transactions, mergers, and acquisitions, Aviram is poised to implement initiatives that align with Camtek's long-term objectives.

Camtek's CEO, Rafi Amit, expressed his enthusiasm, stating, "We are excited to welcome Lior Aviram to our leadership team. His extensive knowledge of our business, reinforced by proven managerial experience, will be instrumental in enhancing shareholder value as we pursue our growth strategies."

Strategic Focus Ahead

In his dual capacity as Executive Chairman, Aviram will not only lead the board but will also take on an active role in steering strategic initiatives, managing mergers and acquisitions, and negotiating collaborations. This approach underscores Camtek's commitment to adapting to market dynamics and maximizing growth opportunities in the competitive semiconductor industry.

Acknowledgment of Previous Leadership

The transition comes with gratitude towards Moty Ben-Arie, the outgoing Chairman, who has guided the company since January 2023. Amit acknowledged Ben-Arie’s invaluable contributions and confirmed his continued presence on the board in a non-executive capacity, contingent upon re-election at the 2025 annual general meeting.

About Camtek Ltd.

Founded in Migdal Haemek, Israel, Camtek specializes in the development and manufacturing of sophisticated inspection and metrology systems that cater to the semiconductor industry. Their technology plays a crucial role in advancing production processes for devices including heterogeneous integrations, advanced interconnect packaging, memory devices, and CMOS image sensors.

With manufacturing operations across Israel and Germany, along with a global presence through eight international offices, Camtek is dedicated to delivering cutting-edge solutions tailored to meet the evolving demands of its prominent clientele, which includes leading IDMs, OSATs, and foundries globally.

Camtek's reputation in high-tech manufacturing underscores its commitment to innovation and excellence, establishing itself as a reliable partner in the semiconductor sector.

As the industry moves forward, the appointment of Lior Aviram marks a pivotal step in Camtek's journey towards further innovation and enhanced shareholder value. Shareholders are eagerly anticipated the upcoming meeting, where they will have the opportunity to weigh in on this key leadership transition.

For more information about Camtek and its groundbreaking technology, visit Camtek's official website.

This announcement not only signifies a new chapter for Camtek but also highlights the company’s strategy to employ experienced leaders who are attuned to both market needs and corporate goals.

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This is a forward-looking statement; actual results may differ significantly due to various factors, including market dynamics and geopolitical changes.