Amtech Appoints New Member to Board of Directors

Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today announced the appointment of Asif Y. Jakwani to its Board of Directors.

Mr. Jakwani most recently served as Senior Vice President and General Manager of On Semiconductor Corporation (“Onsemi”) from February 2020 until March of 2024. As the general manager of the Advanced Power Division (“APD”), Mr. Kakwani was responsible of all power discrete and modules for Onsemi including silicon carbide (“SiC”). During his seventeen-year career at Onsemi, Mr. Jakwani held various positions with increasing responsibilities. Prior to joining Onsemi in 2007, Mr. Jakwani held marketing and design engineering roles with Tyco Electronics Power Systems and Current Technology, Inc, a subsidiary of Danaher Corporation. Mr. Jakwani holds a Bachelor of Science Degree in Electrical Engineering from Lamar University, a Master of Science Degree in Electrical Engineering from the University of Texas at Austin and an MBA from the University of Texas at Dallas.

“We are delighted to welcome Asif Jakwani to our Board of Directors. His extensive expertise in power semiconductors, combined with his deep technical background, makes him an ideal addition to Amtech’s Board. We believe Asif’s strategic business acumen and track record of driving growth in highly dynamic markets will be of great value as we continue to execute on our long-term growth strategy,” commented Mr. Bob Daigle, Chief Executive Officer of Amtech.

“I am excited to join Amtech's Board and look forward to collaborating with the management team as they drive forward the company's strategic growth initiatives to capitalize on the significant and expanding opportunities in the power semiconductor sector,” commented Mr. Asif Jakwani.

About Amtech Systems, Inc.

Amtech Systems, Inc. is a leading, global manufacturer of equipment and consumables for semiconductor fabrication and packaging. We sell process equipment and services used in the fabrication of semiconductor devices, such as silicon carbide (SiC), silicon power, electronic assemblies and modules to semiconductor device and module manufacturers worldwide, particularly in Asia, North America and Europe. Our strategic focus is on growth opportunities which leverage our strengths in thermal and substrate processing. Amtech's products are recognized under the leading brand names BTU International, Entrepix, Inc., PR Hoffman™ and Intersurface Dynamics, Inc.

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