ESG Report
Camtek Ltd.
2022

Contents
Letter From the CEO and Chairman
3
About This Report
4
Introduction 
5
About Camtek
6
History
7
Culture and DNA
9
Organizational Structure
10
Products
11
Innovation
12
Responsive
13
ESG at Camtek
14
Materiality Assessment
15
Stakeholder Approach
16
Sustainable Development Goals
17
Environment
18
Carbon Footprint
19
Energy
21
Water & Effluents
25
Waste
27
Social
29
Employees
31
Health and Safety
44
Supply Chain
36
Community
Governance
55
Compliance
57
Board of Directors
58
Risk Management
60
Ethics & Human Rights
61
Information Security
62
Data Tables
64
GRI Index
66
Alignment with the 
SASB semiconductors 
industry standard
 
70
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ENVIRONMENT
SOCIAL
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2
Transportation
23
Compensation, 
Welfare & Wellbeing
45
50
40
Career Development

Letter From the CEO
I am pleased to introduce Camtek’s 2022 environmental, social, and governance 
(ESG) report. This is our first publication on ESG-related topics and represents a 
significant milestone for us as a company. Social responsibility and corporate 
governance have been pillars of our business since our inception. With the 
publication of this report, we cement our commitment to sustainability, and are 
proud to provide a dedicated space to share our progress and ESG-related 
activities.
Global demand for semiconductors continues to grow, driven largely by demand 
for electronics such as smartphones and the proliferation of applications 
including the Internet of Things and cloud computing. Continued growth is 
expected with the enhancements of existing products, the introduction of the 5G 
networks and the inclusion of emerging technologies such as Artificial Intelligence 
(AI), as well as rapid growth in automotive, electrical and autonomous vehicles 
and industrial electronics. In the face of such demand and the associated increase 
in environmental and social impact, there is a need for all actors in the industry to 
take meaningful steps towards sustainability. 
Catmek’s systems inspect semiconductor wafers for defective dies and ensure the 
high quality of products used by end-users, thereby reducing the costs, waste, and 
greenhouse gas emissions associated with replacing defective products. 
This commitment to environmental sustainability extends to our facilities. Our 
manufacturing process is non-polluting, and we are constantly investing in efforts 
to reduce our footprint, whether that is through optimization campaigns such as 
our recent switch to LED lightning at our facilities, or the installation of charging 
stations on site so we can transition our fleet to hybrid/electric vehicles.
In addition to these efforts, we are also steadfast in our belief in the power of 
human connections. We have always believed in fair employment and fostering a 
positive working environment, and employees can now enjoy onsite activities 
such as HIIT, pilates, or basketball. At our facilities in Israel, the presence of team 
members that are well past retirement age is a testament to the strength of the 
bond we all share. 
This is also the approach we take with our customers. For us, ‘customers first’ is 
not just a slogan, and we back it up with comprehensive training, support and 
customer service packages.
Finally, we have longstanding partnerships with our local communities, in Israel 
and around the world. We donate our time and contribute to the economic 
growth of our surroundings. A standout part of these activities is our investment 
in education – our high school training programs and intensive internships for 
students.  We believe that by building the next generation of tech workers within 
the communities where we operate, we are safeguarding their future, and ours.
Rafi Amit
CEO
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About This Report
This report represents the first sustainability reporting from Camtek Ltd., a publicly traded company (Symbol: 
CAMT) with securities listed on NASDAQ and the Tel Aviv Stock Exchange (TASE). The company is headquartered in 
Israel and has eight subsidiaries around the world.
Camtek Ltd. has reported the information cited in this GRI content index for the period January 1st, 2022 to 
December 31st, 2022 with reference to the 2021 GRI Standards and the SASB Semiconductors industry standard 
version 2018-10. The organizational boundaries of this report are the entirety of the global operations of Camtek 
Ltd. and its subsidiaries.
Shibolet ESG provided support and consultancy services to prepare the report. The process was led by Navonel 
Glick (N.Glick@Shibolet-esg.com) and Dr. Liad Ortar (L.Ortar@Shibolet-esg.com).
For questions regarding this report or Camtek’s environmental, social, and governance activities, please contact Iris 
Hirsch (irish@camtek.com).
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Introduction
Camtek is a leading developer and 
manufacturer of high-end inspection 
and metrology equipment for 
the semiconductor industry.
5
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About Camtek
Camtek’s systems inspect IC and measure IC features on wafers throughout the production process of semiconductor devices, covering 
the front and mid-end and up to the beginning of assembly (Post Dicing). Camtek’s systems inspect wafers for the most demanding 
semiconductor market segments, including Advanced Packaging, Heterogenous Integration (HI), Compound Semiconductors, Memory, 
CMOS Image Sensors, Power, RF and MEMS, serving the industry’s leading global IDMs, OSATs, and foundries.
Camtek’s world-class sales and customer support infrastructure is organized around eight subsidiaries based in the US, Europe, Japan, 
China, Hong Kong, Taiwan, Korea and Singapore.
Camtek Japan Ltd.
Camtek Korea Ltd.
Camtek Inspection Technology (Suzhou) Ltd.
Camtek Inspection Technology Limited
Camtek H.K. Ltd.
Camtek South East Asia Pte Ltd.
Camtek Germany GmbH
Camtek USA Inc.
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History
7
1987
1988 – 1993
1994
1995
2000
2001
1993 – 1999
2002
2003
2006
2008
2009
2009
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Company establishment as an AOI company for the PCB industry
VSCAN – First semi-automated inspection system for the PCB industry
$1M sales
First company subsidiaries establishment
2V20, 2V50 – first fully automated inspection for PCB
IPO on NASDAQ
Pegasus – First fully automated AOI for IC inspection (BGA, CSP, etc.)
Acquisition of Inspectech: New offering to the Semiconductor market; Dragon - First AOI for PCB with automated material handling
Falcon  - First AOI for the Back-end Semiconductor industry
Over $100M  sales
Gannet - First AOI for Front End of Semiconductor industry (wafers in process)
Acquisitions of Printar (PCB manufacturing process) and SELA (failure analysis market)
China operational site (CIT) establishment; First Condor – Next generation of AOI for the Back End of the Semiconductor industry

History
8
2014
2017
2018
2018
2019
2020
2021
2022
2011
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CIT new facility establishment; Phoenix – launch of next generation PCB AOI 
Launch of the Eagle product line designed to support the fast-growing Advanced Packaging market 
Divesture of the PCB business unit and becoming a pure play Semiconductor company
Record semiconductor revenues of over $120M 
Receiving Texas Instruments Supplier Excellence Award
Chroma, a Leading Taiwanese Corporation, acquired 20.5% of Camtek
Despite the COVID-19 challenges, managed to grow revenue by 16% YoY and raise ~$80M in a secondary
Record revenue of $270M-70% increase YoY; Raised $200M in a convertible notes offering 
Another record revenues year for Camtek with $321M, a 19% increase YoY and record profitability of 28% operating margin

Costumer Oriented
Informal
Striving to Succeed
Respectful
Innovative: At the 
edge of technology
Transparent
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9
Culture and DNA

Organizational 
Structure
Chief Executive 
Officer (CEO)
Rafi Amit
Chief Operating 
Officer (COO)
Ramy Langer
Chief Financial 
Officer (CFO)
Moshe Eisenberg
Chief Technology 
Officer (CTO)
Shimon Koren
Vice President 
Research & 
Development
Ilan Carasso
Vice President 
Marketing and Sales 
Support
Omri Katz
Worldwide 
Sales
Vice President 
Human Resources
Orit Geva-Dvash
Vice President 
Customer Support
Offer Moran
Vice President 
Operations
Mono Grencel
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Products
Camtek’s inspection and metrology systems can detect defective ICs reliably at high-throughput, ensuring that only known-good-die are delivered to its 
customers’ final products.
With the growth in advanced packaging technologies, which have proven to be the most effective solutions for high-end products, Camtek provides various 
inspection and metrology technologies that can be tailored to its customers’ needs quickly and efficiently, helping them to meet the most stringent demands 
of defect-free products as well as supporting demand growth and time to market.
66,428
147,651
141,959
71,127
77,280
106,711
9,847
28,641
54,741
8,457
16,087
17,498
155,859
269,659
320,909
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
2020
2021
2022
China
Asia Pacific
United States
Europe
Total
Sales Distribution by Geography (U.S. Dollars (In thousands)
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Innovation
Innovation is at the heart of Camtek, ensuring being always with 
and ahead of its customers’ roadmap, bringing creative solutions 
and supporting new ventures.
With a comprehensive patent portfolio, our innovative 
technologies help our customers to significantly improve their 
yield, the end-product reliability, and ensure that defect free 
products are delivered to the market on time. 
A winning combination of performance and flexibility together 
with ease of operation and reliability, delivers the optimal capital 
investment to our customers.
Our innovations have made us one of the technological leaders in 
the field of inspection and metrology in the semiconductor 
market segments we serve.
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Responsive
To ensure the best support to our customers, the local team in 
each territory is completely independent and is capable of 
installing systems, adding new features and providing the full 
range of services required by our customers.
A robust organizational structure enables fast responses to arising 
industry needs and challenges. The software-based, modular 
architecture of Camtek’s systems can address unique customer 
requirements with a high degree of customization, while providing 
easy and cost-effective field upgrade packages for installed 
equipment.
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ESG at Camtek
Vision
At Camtek, social responsibility and corporate 
governance are an essential part of our corporate 
culture. We constantly dedicate efforts to enrich and 
improve not only individuals’ lives, but also strive for a 
better society and believe that environmental, social 
responsibility and corporate governance are essential 
for a healthy and balanced corporate culture.
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Materiality Assessment
The process of preparing this report was grounded in a comprehensive review of 
Camtek’s existing and potential impacts on the environment and all its stakeholders, 
whether they occur as a direct result of its business activities, or through its business 
relationships.
To evaluate Camtek’s actual and potential impacts, the ESG team reviewed existing 
policies and procedures, considered benchmark reports of industry peers, interviewed 
executive and managers, and engaged with various stakeholders, including employees, 
and suppliers. Site visits of two major suppliers were also conducted. 
Once the material topics were identified, they were ranked according to their relative 
significance. The final list of material topics thus represents the most pressing topics for 
Camtek. They are as follows (categorized according to the GRI labels for simplicity):
To be transparent, when available, information on additional topics was included as well. For a full list of the material topics considered, 
please refer to the GRI Index at the end of this report, which also includes Alignment with the SASB semiconductors industry standard.
301
302
305
401
402
404
305
414
Materials
Energy
Emissions
Supplier Environmental Assessment
Employment
Health and Safety
Training and Education
Supplier Social Assessment
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Stakeholder Approach
Camtek regularly engages with the following stakeholders in its daily operations and considers 
their input and feedback a central pillar of its operational decision-making and success.
Employees
Customers
Investors
Local 
Community
Suppliers
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Sustainable Development Goals
Camtek recognizes the critical importance of the United Nations General Assembly’s 17 sustainable development goals (SDGs) that 
form a roadmap for countries to reach sustainable development and is proud to contribute to them through its global business 
activities.
17
Goal
Indicator
Our activity
4.4
We support the technological literacy 
of high school students to help them 
transition into the job market.
8.1, 
We provide local jobs, contract local 
suppliers, and contribute to training 
the next generation.
9.2, 9.5
We promote manufacturing 
employment in Israel, and we invest 
in research and development
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Environment
As part of its commitment to protecting the environment 
Camtek is constantly seeking to reduce consumption of 
electricity and water and eliminate or minimize the 
negative environmental impacts of its business activities. 
The company’s environmental management and 
sustainability policy are available on the website.
18
ENVIRONMENT

Carbon Footprint
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Carbon Footprint
Camtek’s operations are non-polluting—No greenhouse gases 
(GHG), air pollutants, or environmental nuisances are released 
into the environment during the product manufacturing process. 
The facilities also do not adversely affect the surrounding biodiversity.
In addition, Camtek does not have a delivery service for its 
products, reducing the significance of Scope 1 transportation 
related GHG emissions. As a result, the main footprint of Camtek’s 
operations results from its energy consumption, with a small 
contribution from the fleet of leased vehicles that it controls. 
In 2022, Camtek’s Scopes 1 and 2 carbon footprint was 2,832 tCO2e.
Given the vast number of suppliers, calculating Camtek’s Scope 
3 GHG emissions is a significant challenge that will be gradually overcome in future reports. 
Scope 1
301.92
Scope 2
2520.34
Camtek Carbon Footprint 2022 (tCO2e)
Scope 1
Scope 2
20
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Energy
21
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Energy
Reducing Energy Needs
Camtek is connected to the main electric grid, and sources 100% of its electricity 
consumption. In 2022, the company’s energy consumption was 3,883,419.21 
kWh.
To lower Camtek’s carbon footprint, the company is exploring the possibility of 
sourcing renewable energy through two possible options:
• The installation of solar panels on a new building currently under construction
•  The purchase of renewable energy once the Israeli market for green electricity 
supply opens in 2024.
In addition, Camtek conducts electricity savings campaign, such as the recent 
replacement of all its lightbulbs with LED. 
Finally, Camtek monitors the electrical consumption of its systems, and invests 
significantly in reducing their energetic needs, despite the growing computing 
requirements of evolving models. 
Today, the average electrical consumption of Camtek’s systems is 1100 
kilowatt/hour (10 Amp) when operating.
22
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Transportation
23
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Transportation
Camtek leases 67 vehicles and owns a small number of forklifts and additional 
transportation vehicles. The company consumed a total of 122,470 litres of benzene/diesel.
To further reduce the GHG emissions resulting from vehicle use, Camtek launched a campaign to 
transition its entire fleet to hybrid and electric vehicles. To facilitate this process, the company is 
installing 20 charging stations, and once completed, will exchange 20 benzene fueled company 
vehicles with electric alternatives.
Electric, 1%
Hybrid, 52%
Fuel, 24%
Diesel, 22%
Camtek Leased Vehicles (end of 2022)(%)
Electric
Hybrid
Fuel
Diesel
24
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Water & Effluents
25
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Water & Effluents
Camtek does not consume water as part of its production process, 
nor does it create any effluents. 
Our offices are connected to the main water network, and all of the 
water that is consumed onsite is for corporate office use. 
In 2022, our water consumption was 13,593.36m3.
Similarly, the only sewage we create is from our sanitary facilities 
and it goes to the standard municipal sewage system.
26
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Waste
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Waste
There are no hazardous substances used in Camtek’s production process, and the 
company has no industrial waste. 
The only waste generated in any significant quantities is cardboard packaging and it is 
all being collected for recycling after processing into bales by a compactor (2.5 – 4 tons 
per month). 
There is also a small amount of paper waste from Camtek’s shredder.
Cardboard packaging
Mixed waste is generated mainly from the dining room, and it is being collected by the local 
authority (24 m3 every week). 
Camtek is in the process of building a new cafeteria and will consider how to minimize waste 
and maximize sorting and recycling in the new facility, as well as composting options. 
Mixed Waste
During the construction process, the solid and construction waste generated is all 
being diverted to recycling and authorized landfills by the building contractor, with the 
company’s supervision. 
New Building Construction
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Social
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SOCIAL

Social
At Camtek, social responsibility is an essential part of the 
company’s corporate culture, with an ethical and moral focus in 
every aspect.
The company aims to enrich and improve employees lives and 
enhance society as a whole, and believes social responsibility is 
essential for a healthy and balanced corporate culture.
Camtek supports a wide range of health, education, social and 
community activities that affect and involve its employees and the 
community’s well-being. 
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Employees
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Overview
72
56
Camtek offers its global workforce a complete employee experience that includes an inclusive 
approach, competitive compensation packages, extensive welfare and wellbeing activities, and 
career development opportunities and feedback mechanisms that support, challenge, and 
reward employees. The goal is for employees to feel that the company offers them all the 
possibility of realizing all their professional aspirations, while ensuring a safe and healthy work 
environment for them and for their families.
At the end of 2022, Camtek employed 451 people, 285 at the headquarters in Israel, and 166 in 
the 8 subsidiaries around the world.
contract employees in Israel, and 
another 17 around the world. Their 
main tasks are consulting, 
programming, cleaning, and guard 
duties. 
new employees
IL, 63%
EU, 2%
US, 5%
Asia, 30%
EMPLOYEES ACCORDING TO REGION
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2022 Milestones
Camtek is proud that: 
Seven people have chosen to continue 
working at Camtek past the retirement age, 
This year, ‘friendly referrals’ continued to be a 
major recruitment channel in Israel (40% of new 
recruits in 2022, and 45% in 2021) 
Our CEO, Rafi Amit, was ranked 24 in the 
prestigious list of Israel’s top 50 managers by 
Calcalist, an Israeli daily business newspaper and 
website.
These 3 milestones are a testament to Camtek’s investments in fostering 
a safe and supportive environment where each and every one of its 
employees can feel supported, cared for, and empowered to grow and excel. 
1
2
3
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Inclusion at Camtek
Camtek strives to foster an open and inclusive environment. The company embraces employees of all ages, genders, ethnicities, 
and socio-economic backgrounds, and the recruitment process focuses exclusively on the professional experience and 
qualifications of applicants. 
Camtek is also proud that its global headquarters are located in Israel’s peripheral areas, offering significant livelihood opportunities 
to populations living in locations with fewer prospects for gainful employment. By doing so, Camtek is contributing to reducing 
Israel’s spatially defined economic disparity, which is among the largest in the OECD.
Creating an age-friendly environment
The company features individuals in their 20s and at the start of their Camtek career as well as those that are over 60 and have 
been at the company for decades. The average age of employees in 2022 is 42 (44 in Israel and 39 in the rest of the world).
34
20-30, 
12%
31-40, 
37%
41-50, 
31%
51-60, 
15%
60+, 
5%
OVERALL 
OVERALL AVERAGE - 42
20-30, 
7%
31-40, 
31%
41-50, 
38%
51-60, 
19%
60+, 
5%
ISRAEL
IL AVERAGE - 44
20-30, 
21%
31-40, 
38%
41-50, 
27%
51-60, 
10%
60+, 
4%
ROW
ROW AVERAGE - 39
SOCIAL
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Tackling the industry’s gender imbalance
The semiconductors industry continues to see a major underrepresentation of women in the workforce. 14% of Camtek’s workforce are 
women, and 15% in Israel. The company recognizes the great disparity in female representation and is investing efforts to address it. 
Among these activities are the company’s equal pay strategy, and efforts to promoting the inclusion of minorities and women in the high-tech 
sector. Camtek hopes that such efforts will bear fruit in the coming years. 
35
Male, 86%
Female, 14%
OVERALL
Male, 
87.5%
Female, 
12.5%
MANAGEMENT
Celebrating International Women’s Day with an excursion to the beautiful north of Israel
As outlined in the Code of Ethics and Business Conduct, 
Camtek has zero tolerance for any kind of harassment or 
discrimination. There were no reported incidents of 
discrimination in 2022
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Compensation, Welfare, and 
Wellbeing
Compensation at Camtek
Camtek provides its employees with competitive salaries, 
performance-based bonuses, and social benefits. In Israel, these 
include contributions to national insurance and pension plans. The 
company also takes part in periodic salary surveys and offers 
employees personal pension consulting.
All the salaries at Camtek are significantly above the minimum 
wage in the countries of operation
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Welfare and Wellbeing
To support the mental, physical, and emotional health of employees, Camtek 
offers a combination of on- and off-site activities, benefits, and attractive events 
for the whole family. 
Camtek also offers additional flexible working arrangements possible on a case-
by-case basis.
Camtek also has dedicated running and basketball teams
Events are also hosted onsite such 
as the viewing of the 2022 World Cup
Some of Camtek’s activities in 2022: 
Employees can relax and stay in shape by joining free 
weekly HIIT and Pilates classes onsite
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Welfare and Wellbeing
38
Team bonding excursions such as our software team’s fun day of 
pizza, beer, and laser tag, or our algorithm group’s rafting adventure
Family friendly events such as 
Camtek Cinema to catch a movie 
with treats and gifts for all 
employee children joining the first 
grade
Celebrating holidays together (here: Hanukkah in Israel)
Some of Camtek’s activities in 2022: 
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Welfare and Wellbeing
39
Navigating Countries and Cultures: 
Dr. Simon Liu, Camtek Taiwan GM 
giving a talk at Camtek HQ in Israel
Camtek China 
colleagues visiting 
and learning at the 
R&D site in Israel (in 
the picture: Evan M., 
Hai, Lucius, and Leo 
being welcome by 
Camtek COO Ramy 
Langer)
Annual dinner for all the six Camtek offices in Asia)
At Camtek, creating a global sense of connection and belonging is crucial. 
The company invests significant efforts into overcoming the barriers of 
physical distance and cultural differences. Team members from around the 
world travel between subsidiaries, and annual dinners bring people closer 
together. 
First annual GM Meeting in 3 years 
in Phuket, Thailand
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Career Development
40
Empowering the growth of Camtek’s people is key to the company’s success. Career development at Camtek is based on the following five 
pillars.
Manager and Employee
Development
Performance 
Review
Communication
Training
Internal Mobility
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Career Development
Manager and Employee Development
Camtek invests in the growth and abilities of employees and managers to excel in their 
organizational tasks. This is achieved through internal training courses and workshops 
such as:
Team Leaders workshop – 20 employees in 2022
Interview skills – 54 employees trained in 2022
Interfaces workshop
Personal coaching
Debrief program
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Performance review
The company has an annual performance evaluation process, as well as mid-years for 
some. In 2022, 100% of Camtek’s eligible employees received performance reviews, with a 
significant number also conducting mid-year appraisals.
Team leaders workshop
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Career Development
Training
To complement the technical skillsets of employees, and stay at the cutting edge of technological developments, Camtek provides internal 
training for its global workforce, sends team members to international conferences and events, and sponsors external courses (19 such 
courses in 2022). More in-depth information on this pillar will be provided in future reports.
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All of 2022’s 56 new employees took part in 
orientation training
During this training, our team leaders received important management tools
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Career Development
Communication
Camtek’s commitment to its values of informality and transparency 
are underpinned by built-in opportunities for regular open dialogue. 
To this effect, the company organizes round table meetings and 
quarterly gatherings to provide all employees with a platform to 
express themselves and have a voice.
Internal Mobility
To retain growing employees over time Camtek promotes internal 
mobility. In 2022, 4 employees changed position, and 9 were 
promoted to managers.
43
“My journey has quite a few steps, it all started in the 
application development department . My next stop was 
the support department and finally, after that I moved to 
the Pre-Sales Application Group where I'm currently the 
team leader.” 
“There is a high level of mobility at Camtek, […] the 
opportunities for advancements are at the palm of your 
hand, and there is broad support from the managers and 
colleagues to take initiatives and try new things.” 
Stories of Growth: Peret Shabso, Application Support Team Leader
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Health and Safety
44
Safety and Health Management
Camtek Ltd. operates a safety and health management system in order to maintain a safe working environment and to prevent, to the extent possible, 
work accidents and adverse effects on the health of the employees, contact workers, and any other visitor to the site. Camtek has an integrated quality 
policy and conducts periodic risks assessment. 
As the main operations of the company relate to electricity usage, the company hires external risk auditors to conduct electrical risk assessments. All 
related electrical work at the company is performed by certified electricians. 
The second major risk is associated with remote operation. As part of Camtek’s daily activities, machines are operated remotely. When putting a machine 
to action from remote without direct observation, there is a risk that at the same time, someone is conducting various technical tasks inside the machine, 
jeopardizing their safety. To avoid these incidences, a special safety protocol was prepared, and suitable signs are hung in front of the machine. 
Camtek has a safety mobile app through which the company’s safety delegates (representatives from each department) can report in real-
time on any safety-related incident. 
There are no hazardous materials is the facility. The full health and safety policy can be found here.
During 2022 there were no safety-related accidents or illnesses. 
Safety Training 
Upon arrival, each new employee receives personal training on the company’s safety policy. They receive a full set of the company’s guidelines and a 
specific safety guidance according to their designated role. Once a year all employees are asked to ‘refresh’ their acquaintance with the guidelines and 
undergo a knowledge test. 
Health
Camtek subsidizes complementary private insurance for workers and their families in Israel, and abroad for employees.
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Supply chain
In addition to reducing its own company impact and investing 
in social responsibility, Camtek extends its commitment to 
environmental and social sustainability and good governance to 
its entire supply chain, both its suppliers upstream, and 
customers downstream
45
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Supply Chain: Customers
46
Putting Customers First
Camtek has established a global distribution and support network throughout the territories in which the company sells, 
installs, and supports its products, including the Asia Pacific region, North America and Europe. The company believes that this 
is an essential factor in customers’ decision to purchase its products. Camtek also primarily utilizes its own employees to 
provide these customer support services.
The company provides all customers with a hands-on experience where dedicated Camtek employees guide the installation 
process from the initial assessments of the customer’s site and required customizations, through the installation and 
calibration of the system upon delivery, and finally including training so the customer can get up and running as quickly as 
possible.
After this initial process, Camtek generally provides a 12-month warranty to all customers. In addition, for a fee, the company 
offers service and maintenance contracts commencing after the expiration of the warranty period. Under these service and 
maintenance contracts, Camtek provides prompt local, on-site customer support. The company’s experienced local teams have 
been able to install and support customers throughout the pandemic with virtual support, as needed, from experts in the 
headquarters in Israel.
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Supply Chain: Customers
The Camtek Customer Experience
Initial 
discussion
Customization
On-site 
installation + 
Calibration
Customer 
Service 
Packages
Explain the process
Send Camtek Facility Guide
Customization/Calibration
Factory Acceptance Test (FAT)
Delivery
Calibration
Site Acceptance Test (SAT)
Initial operational training, (e.g. 
Recipe creation using Camtek 
Best Known Methods (BKM))
Advanced training (e.g. advanced 
algorithms, debugging)
Optional maintenance training
Free one-year warranty and 
full support
Additional packages on offer
Training
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Supply Chain: Customers
48
Customer Health and Safety
In addition to Camtek’s hands-on approach during the installation process and the safety elements of the training courses 
provided, the company also labels its systems to ensure safe handling. Below are some examples of Camtek system safety labels.
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Supply Chain: Procurement
49
Sustainable Procurement
Camtek recognizes the responsibility that is has over its entire supply chain, with an emphasis on the 
responsible sourcing of the materials that make up its systems. 
The company is committed to supporting the aims and objectives of the Dodd-Frank Act concerning 
conflict minerals sourcing by working to educate the suppliers and manufacturers of its products 
about conflict minerals, and helping our suppliers understand the due diligence steps they can take to 
investigate the source of any conflict minerals in the products Camtek manufactures. More details can 
be found in the company conflict minerals policy on the website.
The company is also increasing its efforts to assess the social and environmental actions of its 
suppliers, most of which are multinational companies with established ESG policies and practices. 
During the preparation of this report, Camtek’s ESG advisors Shibolet ESG reviewed the ESG
practices of four of Camtek’s main suppliers (covering 49% of the procurement budget) and
conducted an ESG onsite visit of one supplier location. All four of these multinational companies
were found to have robust ESG policies and practices, including the disclosure of related information
in annual ESG reports organized according to globally recognized standards.
This commitment to sustainable procurement also includes concerted efforts to procure locally as 
much as possible. In 2022, 85% of Camtek’s procurement budget went to local suppliers
Local (Israel), 85%
International, 15%
Procurement Sources 
(% of budget)
Local (Israel)
International
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Community
50
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Community
Camtek is an involved member of the community of the neighboring city of Midgal HaEmek. The company 
has longstanding relationships with various schools and non-profits. The company’s social contributions 
are focused on education, environmental preservation, funding various programs, donating goods, and 
providing other services, with the involvement of our dedicated and caring employee volunteers. Below 
are of the highlights.
Volunteering hours 
in 2022
Employees took 
part in volunteering 
activities in 2022
306
108
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51

Community
52
Some of Camtek’s Community Activities:
As part of holiday celebrations, Camtek 
employees distribute food to the community’s 
senior citizens in need through local non-
profits
Camtek employees renovating the 
apartment of a single mother of 
three in Migdal Haemek for Good 
Deeds day
Volunteer activities with other schools
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Community
Training the Next Generation
ORT Rogozin High School Program
For many years, Camtek has adopted the technical program of the local ORT Rogozin Migdal HaEmek High School. As part of this program, 
Camtek employees from different departments provide high school students with key skills and knowledge in a series of lectures and 
practical sessions at the company’s site and at the high school itself. The students then put together assemble an electronic kit as their end 
of year project.
53
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Community
Training the Next Generation
Internships at Camtek
As part of Camtek’s commitment to training the next generation, the company is 
proud to invest significant resources in supporting interns that are studying in 
their senior year. 
“Being a student at Camtek exceeds all my goals and expectations. It's all that I was 
looking for in a job. I’m involved in a field where I see myself developing and 
growing, this job is not just “another line on my resume". At work, I learn a lot 
every day and I feel that I’m getting support in a way that suits me very well.” –
Dorin Shteyman
 “Being a student at Camtek is a great privilege; working in a growing, developing 
company that looks for new challenges every day- it’s great fun! I feel that I’m in a 
place that encourages my personal growth.” –Stav Dayagi
54
Stav Dayagi
Dorin Shteyman
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Governance
55

Governance
Camtek is a publicly traded company whose securities 
are listed on the NASDAQ and Tel Aviv Stock Exchange. 
As such, the company is committed to ethical business 
practices and compliance with all applicable 
standards, laws and regulations. The company also 
believes that maintaining high standards of Corporate 
Governance is important for its business success.
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Compliance 
Camtek holds an ISO9001 (quality management) certificate and is currently preparing for ISO14001 
(environmental management) and ISO45001 (Occupational health and safety management) audits, which are 
scheduled to be conducted in 2023. 
In addition, Camtek has been a member of SEMI since 2009. Camtek is also a member of the Israeli Society for 
Quality (ISQ).
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Board of Directors
The board of directors at Camtek is made up of the following eight individuals.
The board functions through several committees.
For more details regarding Camtek’s board of directors, including committees, nomination, terms, 
compensation, and skills of directors, please refer to the latest annual 20F filing. 
Director and Chief 
Executive Officer 
Rafi Amit
Age: 74
Chairman of the 
Board of Directors*
Moty Ben-Arie
Age: 68
Director
Orit Stav
Age: 52
Director
Yotam Stern
Age: 70
Director
Leo Huang
Age: 69
Director
I-Shih Tseng
Age: 61
External Director
Yael Andorn
Age: 52
External Director
Yosi Shacham-Diamand
Age69
Women, 25%
Men, 75%
Camtek Board According to Gender
Women
Men
* Moty Ben Arie serves as Camtek’s Chairman of the Board of Directors as of January 1, 2023
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ESG Oversight
Camtek considers ESG topics to be critical to the company’s long-term success. 
As a result, the matters are managed by the highest authority – the board of 
directors. At the board level, Environmental, Social, and Governance is overseen 
by Orit Stav. Ongoing operational aspects of ESG are overseen by the Global 
Marketing and Internal Communications Manager who reports them to the CFO 
Finance who then updates the board on a regular basis.
In 2023, the Board will receive training on ESG-related topics.
Board of Directors (led by 
Orit Stav)
Chief Financial Officer (CFO)
Global Marketing and Internal 
Communications Manager
Management of ESG matters at Camtek
59
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Risk Management
Camtek integrates risk-based thinking into its decision-making processes and quality 
management system, as part of its Sarbanes-Oxley practice and as required ISO 9001:2015 
and reports extensively on its risk factors in the annual 20F filing. Accordingly, this means 
that risks are managed at all levels of Camtek’s operations, beginning from the highest level 
and its consideration at board and committee meetings and the internal auditor’s report, 
and extending all the way to being integrated into daily operations, as evidenced by 
Camtek’s ISO 9001:2015 certification.
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Ethics and Human Rights
Camtek is committed to the highest levels of ethics and business conduct, as
embodied by its values of respect and transparency, and promotion of diversity
and inclusion. The company has a Code of Ethics and Business Conduct
published on the company website, and expects that all employees will adhere
to it.
In addition, Camtek has a conflict minerals policy that is publicly available on its
website.
Policies are reviewed annually, and include guidelines for reporting concerns.
There were no reported breaches of ethical or business conduct in 2022.
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61

Information Security
Camtek abides by all the laws and regulatory frameworks for data and 
privacy protection in the various jurisdiction where it is active. The 
company has also implemented network security-related technological, 
operational and organizational measures and drafted an internal global 
information technology security policy. This policy, which follows industry 
best practices and focuses on Camtek’s network and information security, 
was reviewed by the audit committee and board of directors. 
In addition, the company has purchased a cyber-liability insurance policy 
to cover certain security and privacy damages. 
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62

Reinforcing Information Security
In 2022, Camtek has taken significant steps to reinforce information security measures and comply with data protection 
regulations, while continuing to proactively address emerging cyber risks.
Proactive Measures: Implemented robust network security measures, including advanced threat detection systems and 
firewalls. 
Enhanced Policies: Developed a comprehensive policy that aligns with industry best practices, outlining guidelines for 
secure data handling, access controls, and incident response protocols. 
Cyber Incident Preparedness: Strengthened Camtek’s cybersecurity posture by investing in state-of-the-art 
technologies, conducting regular security assessments, and enhancing incident response capabilities. 
Compliance Efforts: Actively monitored and ensured compliance with evolving regulations by regularly reviewing and 
updating internal processes and procedures to safeguard customer and employee data. 
European Compliance: Demonstrated commitment to data privacy by aligning European subsidiaries with GDPR 
requirements, including the proper collection, control, processing, and disclosure of personal data.
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63

64
64
Data Tables & 
Indexes 
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Data Tables
Table 1: Employees according to type of contract and gender
Reporting period
General
Female
Male
Number of employees (HC)
451
64
387
Number of permanent employees
451
64
387
Number of full-time employees ( HC / FTE )
445
60
385
number of part-time employees ( HC / FTE )
6
4
2
Reporting period
Taiwan
Israel
USA
China
Europe
HK
Japan
Singapore
Korea
Number of employees ( HC / FTE )
25
285
20
62
9
8
2
15
25
Number of permanent employees ( HC / FTE )
25
285
20
62
9
8
2
15
25
Number of full-time employees ( HC / FTE )
25
279
20
62
9
8
2
15
25
Number of part-time employees ( HC / FTE )
6
Table 2: Employees according to type of contract and region
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GRI Index
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 2: General Disclosures 2021
2-1 Organizational details
4
2-2 Entities included in the organization’s sustainability reporting
4
2-3 Reporting period, frequency and contact point
4
2-6 Activities, value chain and other business relationships
6
2-7 Employees
32-36
2-8 Workers who are not employees
32
2-9 Governance structure and composition
10, 57-58, 2022 20F pp. 35-38
2-10 Nomination and selection of the highest governance body
2022 20F pp. 41-44, 47
2-11 Chair of the highest governance body
58, 2022 20F p. 16
2-12 Role of the highest governance body in overseeing the management of impacts
59
2-13 Delegation of responsibility for managing impacts
59
2-14 Role of the highest governance body in sustainability reporting
59
2-15 Conflicts of interest
2022 20F p. 51, Code of Ethics and Business Conduct pp. 5-7
2-17 Collective knowledge of the highest governance body
59
2-19 Remuneration policies
Annual 20F pp. 48-49
2-20 Process to determine remuneration
Annual 20F pp. 46-47, 48-49
2-22 Statement on sustainable development strategy
14
2-23 Policy commitments
61, Code of Ethics and Business Conduct
2-27 Compliance with laws and regulations
57
2-28 Membership associations
57
2-29 Approach to stakeholder engagement
16
66
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Table 1: GRI data tables with reference to the GRI 2021 Universal Standard.

GRI Index
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 3: Material 
Topics 2021
3-1 Process to determine material topics
15
3-2 List of material topics
15
3-3 Management of material topics
15
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 201: 
Economic 
Performance 2016
201-1 Direct economic value generated and distributed
2022 F20 p. 24
201-2 Financial implications and other risks and opportunities due to climate change
2022 F20 pp. 6-8
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 204: 
Procurement 
Practices 2016
204-1 Proportion of spending on local suppliers
49
67
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GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 302: Energy 
2016
302-1 Energy consumption within the organization
22
TC-SC-130a.1
302-4 Reduction of energy consumption
22
302-5 Reductions in energy requirements of products and services
22
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 303: Water 
and Effluents 2018
303-1 Interactions with water as a shared resource
26
303-3 Water withdrawal
26
TC-SC-140a.1
303-5 Water consumption
26
TC-SC-140a.1

GRI Index
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 306: Waste 
2020
306-1 Waste generation and significant waste-related impacts
28
306-2 Management of significant waste-related impacts
28
306-3 Waste generated
28
TC-SC-150a.1
306-4 Waste diverted from disposal
28
TC-SC-150a.1
306-5 Waste directed to disposal
28
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 401: 
Employment 2016
401-1 New employee hires and employee turnover
32
401-3 Parental leave
32
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 403: 
Occupational 
Health and Safety 
2018
403-1 Occupational health and safety management system
44
TC-SC-320a.1
403-2 Hazard identification, risk assessment, and incident investigation
44
403-3 Occupational health services
44
403-5 Worker training on occupational health and safety
44
403-6 Promotion of worker health
44
403-8 Workers covered by an occupational health and safety management system
44
403-9 Work-related injuries
44
403-10 Work-related ill health
44
68
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GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 305: 
Emissions 2016
305-1 Direct (Scope 1) GHG emissions
20
TC-SC-110a.1
305-2 Energy indirect (Scope 2) GHG emissions
20
305-5 Reduction of GHG emissions
20-22
TC-SC-110a.2

GRI Index
GRI Standard
Disclosure
Location
SASB Ref. 
No:
GRI 404: Training and 
Education 2016
404-2 Programs for upgrading employee skills and transition assistance programs
40-41
404-3 Percentage of employees receiving regular performance and career development reviews
41
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 405: Diversity 
and Equal 
Opportunity 2016
405-1 Diversity of governance bodies and employees
34, 58
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 406: Non-
discrimination 2016
406-1 Incidents of discrimination and corrective actions taken
34
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 413: Local 
Communities 2016
413-1 Operations with local community engagement, impact assessments, and 
development programs
51-55
GRI Standard
Disclosure
Location
SASB Ref. No:
GRI 417: Marketing 
and Labeling 2016
417-1 Requirements for product and service information and labeling
48
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SASB Semiconductors Industry Standard
Table 1: 
Sustainability 
Disclosure 
Topics & 
Accounting 
Metrics  
TOPIC
ACCOUNTING METRIC
CATEGORY
UNIT 
CODE
LOCATION
Greenhouse 
Gas Emissions
(1) Gross global Scope 1 emissions and (2) amount of total emissions from 
perfluorinated compounds
Quantitative
Metric tons (t) 
CO₂-e
TC-SC-110a.1
20
Discussion of long-term and short-term strategy or plan to manage Scope 1 
emissions, emissions reduction targets, and an analysis of performance 
against those targets
Discussion and 
Analysis
n/a
TC-SC-110a.2
20-24
Energy 
Management in
Manufacturing
(1) Total energy consumed, (2) percentage grid electricity, (3) percentage 
renewable
Quantitative
Gigajoules (GJ), 
Percentage (%)
TC-SC-130a.1
22
Water 
Management
(1) Total water withdrawn, (2) total water consumed, percentage of each in 
regions with High or Extremely High Baseline Water Stress
Quantitative
Thousand cubic 
meters (m³),
Percentage (%)
TC-SC-140a.1
26
Waste 
Management
Amount of hazardous waste from manufacturing, percentage recycled
Quantitative
Metric tons (t), 
Percentage (%)
TC-SC-150a.1
0
Employee 
Health & Safety
Description of efforts to assess, monitor, and reduce exposure of 
employees to human health hazards
Discussion and 
Analysis
n/a
TC-SC-320a.1
44
Total amount of monetary losses as a result of legal proceedings associated 
with employee  health and safety violations
Quantitative
Reporting 
currency
TC-SC-320a.2
0
Recruiting & Managing a 
Global & Skilled 
Workforce
Percentage of employees that are (1) foreign nationals and (2) located 
offshore
Quantitative
Percentage (%)
TC-SC-330a.1
Not 
applicable
Product Lifecycle 
Management
Percentage of products by revenue that contain IEC 62474 declarable 
substances
Quantitative
Percentage (%)
TC-SC-410a.1
Not 
applicable
Processor energy efﬁciency at a system-level for: (1) servers, (2) desktops, 
and (3) laptops
Quantitative
Various, by 
product category
TC-SC-410a.2
Not 
applicable
Materials Sourcing
Description of the management of risks associated with the use of critical 
materials 
Discussion and 
Analysis
n/a
TC-SC-440a.1
Not 
applicable
Intellectual Property 
Protection & 
Competitive Behavior
Total amount of monetary losses as a result of legal proceedings associated 
with anti-competitive behavior regulations
Quantitative
Reporting currency
TC-SC-520a.1
0
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SASB Semiconductors Industry Standard
Table 2: 
Activity Metrics
ACTIVITY METRIC
CATEGORY
UNIT
CODE
LOCATION
Total production8
Quantitative
See note
TC-SC-000.A
Confidential
Percentage of production from owned 
facilities
Quantitative
Percentage (%)
TC-SC-000.B
100%
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Notes and Disclaimers
In addition to historical facts, this report contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These 
forward-looking statements are subject to risks and uncertainties and include information about possible or assumed future results of our business, financial 
condition, results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as "may," "might,״ 
"will, ״ " could," "would,״ ״should,״ ״expect," "plan, ״ " anticipate," ״intend," "seek," "believe," "estimate," "predict," "potential," "continue, ״ " contemplate," "possible" or the 
negative of these terms or similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future 
events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and 
unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future 
results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to those discussed in the Risk Factors of our 
Annual Report on Form 20-F. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected 
in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in 
the forward-looking statements will be achieved or will occur. The estimates and forward-looking statements contained in this annual report speak only as of the date 
of this annual report. Except as required by applicable law, we undertake no obligation to publicly update or revise any estimates or forward-looking statements 
whether as a result of new information, future events or otherwise, or to reflect the occurrence of unanticipated events.
Additionally, this report contains statements based on estimates and assumptions, which may require substantial discretion and forecasts about costs and future 
circumstances, as well as standards and metrics (including standards for the preparation of any underlying data) that are still developing and internal controls and 
processes that continue to evolve. We may also rely on certain third-party information in certain of our disclosures, which involves certain important risks. For 
example, third-party information may change over time as methodologies and data availability and quality continue to evolve.
These factors, as well as any inaccuracies in the third-party information we use, including in our estimates or assumptions, may cause results to differ materially and 
adversely from estimates and beliefs made by us or third parties, including regarding our ability to achieve any goals.
While we are not aware of any material flaws with the information we have used, except to the extent disclosed, we have not undertaken to independently verify this 
information or the assumptions or other methodological aspects underlying such information.
While certain matters discussed in this report may be significant, any significance should not be read as necessarily rising to the level of materiality used for the 
purposes of complying with or reporting under the U.S. federal securities laws and regulations, even if we use the word "material" or “materiality” in this report or 
related statements. Moreover, given the uncertainties, estimates, and assumptions required to make some of the disclosures in this report, and the timelines involved, 
materiality is inherently difficult to assess far in advance and we may not be able to anticipate in advance whether or the degree to which we may not be able to meet 
our plans, targets, goals, or other evolving expectations.
As a final note, website and document references throughout this report are provided for convenience only, and the content on the referenced websites or 
documents is not incorporated by reference into this document.
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Thank you