Press release

Ichor Promotes Jeff Andreson to President

Sponsored by Businesswire

Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering
and manufacturing of critical fluid delivery subsystems for
semiconductor capital equipment, today announces the promotion of Jeff
Andreson to the position of president, effective immediately.
Mr. Andreson will continue to serve as chief financial officer of the
company until a new CFO is appointed.

“Jeff has played a key leadership role during this period of
transformational growth for Ichor,” said Tom Rohrs, Ichor’s chairman and
chief executive officer. “During his tenure at Ichor, Jeff has
demonstrated his thorough understanding of our business along with his
passion for operational excellence and superior financial performance.”

With nearly 30 years of financial leadership and management experience,
Mr. Andreson has been serving as Ichor’s CFO since 2017. For the three
years prior, he served as CFO of Nanometrics, a leading provider of
advanced process control systems to the semiconductor industry.
Mr. Andreson also served for seven years as CFO of Intevac, a leading
supplier of thin-film processing equipment and digital night vision
technologies. Mr. Andreson previously spent 12 years at Applied
Materials, where he served in several financial leadership and
management positions, including as controller of the $2 billion Applied
Global Services business. Mr. Andreson earned his B.S., Finance at San
Jose State University and his M.B.A. at Santa Clara University.

“The promotion to president recognizes Jeff’s significant contributions
to the success of Ichor and the strong and highly-complementary
partnership that we share,” added Mr. Rohrs. “The board of directors and
I are gratified to recognize his capabilities and potential in the
leadership of Ichor by promoting him to join me in leading the company
through this next important phase of growth within our served markets,
with a focus on continued improvements in operational execution and
financial results.”

About Ichor

We are a leader in the design, engineering and manufacturing of critical
fluid delivery subsystems and components for semiconductor capital
equipment. Our product offerings include gas and chemical delivery
subsystems, collectively known as fluid delivery subsystems, which are
key elements of the process tools used in the manufacturing of
semiconductor devices. Our gas delivery subsystems deliver, monitor and
control precise quantities of the specialized gases used in
semiconductor manufacturing processes such as etch and deposition. Our
chemical delivery subsystems precisely blend and dispense the reactive
liquid chemistries used in semiconductor manufacturing processes such as
chemical-mechanical planarization, electroplating, and cleaning. We also
manufacture precision machined components, weldments, and proprietary
products for use in fluid delivery systems for direct sales to our
customers. We also manufacture certain components for internal use in
fluid delivery systems and for direct sales to our customers. This
vertically integrated portion of our business is primarily focused on
metal and plastic parts that are used in gas and chemical systems,
respectively. Ichor is headquartered in Fremont, CA.