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FREMONT, Calif., Dec. 11, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced packaging applications, today issued comments regarding recent updates to U.S. export regulations. On December 2, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) imposed additional controls on exports to, and transfers within, the People’s Republic of China (“PRC”) relating to advanced integrated circuit (“IC”) products, certain IC manufacturing equipment and technology, and supercomputers associated with artificial intelligence (AI) and advanced computing. As part of the new regulations, among other updates, ACM Research (Shanghai), Inc. (“ACM Shanghai”) and its operating subsidiaries in China and Korea, were added to the Entity List published by BIS. Neither ACM, nor its direct subsidiaries outside of mainland China, were added to the Entity List. ACM is a Delaware corporation founded in California in 1998 to supply capital equipment developed for the global semiconductor industry. Since 2005, ACM has conducted its business operations principally through its subsidiary, ACM Shanghai, a limited liability corporation organized in the PRC. Based on public reports, 140 entities with semiconductor operations related to mainland China were added to the Entity List, 120 of which were semiconductor capital equipment suppliers. We note that neither ACM Shanghai nor its subsidiary was notified of any specific wrongdoing that resulted in its addition to the Entity List. We are assessing the potential impacts to our business and operational plans that may result from the new regulations. We believe the impact to our supply chain and the ability of ACM Shanghai to produce tools in the PRC will be minimized and manageable as a result of having alternative sources and suppliers. We do not anticipate an impact to the ability to sell, deliver and service products to customers outside of the PRC, however the potential impact on sales to our PRC customers will depend, in part, on the effect of the new regulations on their own spending plans. Consistent with prior years, we expect to issue a press release in January with preliminary results for 2024 and our initial revenue outlook for 2025. We will continue to focus on technology innovation for the global market and operate in compliance with all applicable laws and regulations. We are confident we can maintain our role as a key supplier of differentiated capital equipment to global customers and protect the interests of partners, employees, and investors as we navigate the ever-evolving geopolitical landscape. Forward-Looking Statements Certain statements contained in this press release are not historical facts and may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “plans,” “expects,” “believes,” “anticipates,” “designed,” and similar words are intended to identify forward-looking statements. Forward-looking statements are based on ACM management’s current expectations and beliefs and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements. A description of certain of these risks, uncertainties and other matters can be found in filings ACM makes with the U.S. Securities and Exchange Commission, all of which are available at www.sec.gov. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by ACM. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ACM undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in its expectations with regard to these forward-looking statements or the occurrence of unanticipated events. About ACM Research, Inc. ACM develops, manufactures and sells semiconductor process equipment spanning cleaning, electroplating, stress-free polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools, enabling advanced and semi-critical semiconductor device manufacturing. ACM is committed to delivering customized, high-performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmr.com. © ACM Research, Inc. The ACM Research logo is a trademark of ACM Research, Inc. For convenience, the trademark appears in this press release without TM symbols, but that practice does not mean ACM will not assert, to the fullest extent under applicable law, its rights to such trademarks. All other trademarks are the property of their respective owners. For investor and media inquiries, please contact:

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Richard Osman, his Thursday Murder Club... and an eight-year war of words between Scots librarians! Click here to visit the Scotland home page for the latest news and sport By STUART MACDONALD FOR THE SCOTTISH DAILY MAIL Published: 21:25, 4 December 2024 | Updated: 21:27, 4 December 2024 e-mail 1 View comments It is a spat that has seen two of Scotland’s most remote libraries rib each other over their services for eight years. The friendly rivalry between staff in Orkney and Shetland began in 2016 when bestselling author Richard Osman vowed to mention Orkney in his next Thursday Murder Club book after an online exchange with the island’s library. Since then staff at the two libraries have been have been trading jibes on social media platform X, formerly Twitter , leading to them both gaining thousands of followers. Osman responded to a post on Orkney Library’s X account which pointed out he was one of the only authors on their most borrowed list who didn’t have a connection to the area. The post read: ‘A lot of our most borrowed books are set in Orkney, written by people from Orkney, or written by people who have visited Orkney. But also Richard Osman.’ Osman, 54, replied ‘Sounds like I better move there’ leading the library to say, 'Well you’re doing pretty well without any Orkney content but maybe something to think about’. The Pointless and House of Games host then agreed to a compromise by saying ‘I’ll slip an “Orkney” into the new Thursday Murder Club book’. Best-selling author Richard Osman is at the heart of a spat between two Scots libraries Richard Osman's crime novels are a huge hit The library’s account responded by posting: ‘You heard it here first. ‘Do that and we’ll slip the new Thursday Murder Club book into Orkney (library).’ However, Osman’s pledge led to him being contacted by the X account of Shetland’s library who asked him: ‘Richard! You wouldn’t slip Orkney in without us, would you?.’ In a reference to author Ann Cleeves’ Shetland novels which have been turned into the successful BBC TV series, he replied: ‘Do you honestly think you’ve been under-represented in crime fiction?’ Orkney Library then got back in touch with Osman to say, ‘Careful or they’ll start going on about being “the most northerly “yadi yadi yah’. Click here to visit the Scotland home page for the latest news and sport Advertisement In 2016 when Orkney Library’s account received a coveted blue ‘tick’ - given to public figures and institutions to establish the authenticity of their identity - it wasted no time in tweeting: ‘Do you like our blue tick ShetlandLibrary? We know you already have blue ticks but ours isn’t caught off sheep.’ An hour later, they received the reply: ‘OrkneyLibrary Assume this ‘blue tick’ business is a bit like when Debenhams have a sale, identifying what’s knocked down & had its day?’ Orkney Library has built up a following of 85,000 people on X with its amusing posts while Shetland Library has 21,000. Osman is currently working on the fifth instalment of The Thursday Murder Club series which has continually broken publishing records since the first novel was published in 2020. The books are set around a group of pensioners living in a retirement village who crack the mysteries behind a series of killings. The original Thursday Murder Club book is being turned into a film by Steven Spielberg’s company Amblin Entertainment with Helen Mirren, Pierce Brosnan, Celia Imrie, Ben Kingsley and David Tennant all due to appear. Richard Osman Share or comment on this article: Richard Osman, his Thursday Murder Club... and an eight-year war of words between Scots librarians! e-mail Add commentReports: Oklahoma QB Jackson Arnold entering transfer portal

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