Investor Presentaiton

Disclaimer Confidentiality This presentation is confidential and may not be reproduced or distributed to others at any time without our prior written consent. Safe Harbor This presentation contains statements that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations and assumptions of Camtek Ltd. ("Camtek," "we," "us" and "our"). Forward-looking statements can be identified by the use of words including "believe," "anticipate," "should," "intend," "plan," "will," "may," "expect," "estimate," "project," "positioned," "strategy," and similar expressions that are intended to identify forward- looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance or achievements of Camtek to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Our actual results and performance could differ materially from those projected in the forward-looking statements as a result of many factors, including as a result of the effect of the COVID-19 crisis on the global markets and on the markets in which we operate, including the risk of the continuation of disruptions to our and our customers', providers', business partners and contractors' businesses as a result of the COVID-19 pandemic; our dependency upon the semiconductor industry and the risk that unfavorable economic conditions or low capital expenditures may negatively impact our operating results; the highly competitive nature of the markets we serve, some of which have dominant market participants with greater resources than us; the rapid evolvement of technology in the markets in which we operate, and our ability to adequately predict these changes or keep pace with emerging industry standards; the risks relating to the concentration of a significant portion of our business in the Asia Pacific region; the variation of our operating results from quarter to quarter, and from our expectations for any specific period, and the effect that such variation has on our ability to predict future results; the effect that our prior or future M&A activity may have on our results of operations; our dependency on a limited number of suppliers, and in some cases, a sole supplier and/or subcontractor, and the effect and substantial costs that we may incur if one or more of our third-party suppliers or subcontractors does not provide us with key components or subsystems; our dependency on a number of key personnel who would be difficult to replace; the risk of increased cyber-attacks, data breaches, risks and threats, along with changes in privacy and data protection laws; fluctuations in currency exchange rates that may result in additional expenses being recorded or may result in the prices of our products becoming less competitive; the longer sales process for new products that may increase our costs and delay time to market our products; potential litigation to enforce or defend our intellectual property rights, which may be costly and time consuming; potential difficulties in purchasing key components and subsystems, or overestimating our needs, to meet customer demand; our ability to protect our proprietary technologies; our ability to comply with applicable laws and regulations and the impact of changes in applicable laws and regulations; and those other factors discussed in our Annual Report on Form 20-F and other documents filed by Camtek with the SEC as well as other documents that may be subsequently filed by Camtek from time to time with the SEC. Camtek See Beyond While we believe that we have a reasonable basis for each forward-looking statement contained in this presentation, we caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. In addition, any forward- looking statements represent Camtek's views only as of the date of this presentation and should not be relied upon as representing its views as of any subsequent date. Camtek does not assume any obligation to update any forward-looking statements unless required by law. Use of Non-GAAP Financial Measures This presentation contains various non GAAP financial measures, including Net Income per Diluted Share, Operating Income, Operating Margin and Gross Margin. These non GAAP financial measures should be considered supplemental to, but not as a substitute for or superior to, financial measures prepared in accordance with United States GAAP. Our non GAAP measures include adjustments that reflect how management views our businesses, and may differ from similarly titled non-GAAP measures presented by other companies. Reconciliations of each non-GAAP measure to the closest comparable GAAP measure are available in the Appendix of this presentation. Statistical Data This presentation contains statistical and other industry and market data that we obtained from industry publications and reports generated by third parties. All of the market data used in this presentation involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. Although we believe that the publications and reports are reliable, we have not independently verified this statistical data. Some data are also based on Camtek's good faith estimates, which are derived from its review of internal sources as well as the third party sources described above. Additional Information This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities or an invitation or inducement to engage in investment activity nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the securities law of any such jurisdiction. Before you invest, you should read the offering memorandum and other documents we have filed with the SEC that are incorporated by reference into the offering memorandum for more complete information about Camtek and this offering. You may obtain the documents incorporated by reference for free by visiting EDGAR on the SEC website at www.Sec.gov. Alternatively, copies of the offering memorandum may be obtained from Alternatively, copies of the offering memorandum may be obtained from BofA Securities, Inc., NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attn: Prospectus Department, Email: [email protected] and from Barclays Capital Inc. c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Email: [email protected], Phone: +1(888) 603-5847. Copyright of Camtek Ltd 2023. All rights reserved 2