ASML POLITICAL

Corporate Communications & Public Stance

• ASML’s FY2025 reporting states that a limited portion of its suppliers, customers, and support teams are based in Israel, refreshing its FY2024 disclosure of a small Israel-based supplier, customer, and customer-support footprint.^{1, 2}
• ASML frames regional violence and tensions as potential business-continuity and customer-service risks, rather than setting out a political or humanitarian position on the conflict.^{1, 2}
• No public evidence identified in the bounded review of ASML official communications of a company statement specifically addressing Palestinian civilian harm, Gaza, Israeli military conduct, a ceasefire, or the Israel-Palestine conflict.^{1, 2}
• No supportable comparative ASML statement concerning Israel and Ukraine was identified through the focused official-communications and major-news research reflected in the supplied record.^{1, 2}
• Christophe Fouquet co-signed a May 2026 opinion piece concerning European technology competitiveness and technological sovereignty; ASML’s announcement does not describe the piece as addressing Israel-Palestine, Israel-related advocacy, military welfare, settlements, or anti-BDS activity.³

Operations in Occupied or Contested Territories

• ASML Holding N.V.’s February 2026 subsidiaries exhibit lists ASML Israel (2001) Ltd. as an Israel-incorporated company located in Kiryat Gat, and states that the listed subsidiaries are directly or indirectly wholly owned by ASML Holding N.V.⁴

• An Israeli Competition Authority merger filing stated in 2013 that ASML was active in Israel through ASML Israel (2001) Ltd.; ASML’s 2019 subsidiary exhibit also listed the entity, then associated with Ramat-Gan.^{5, 6}

• ASML’s 2024 tax report lists ASML Israel (2001) Ltd. and “Cymer B.V. – Israel,” but does not identify an Israeli address for the latter, allocate either listed office to it, or identify customers, products, or contracts.^{7, 4}

• ASML’s locations page lists offices at Mevo Sivan Street 1, second floor, Kiryat Gat, and Ramat Gabriel Industry Area 5, Africa Israel Building, Migdal Ha’emek, Israel, with public telephone numbers.⁸

• Both offices appear in ASML’s public locations directory and in its recruitment material; the materials present them as customer-support locations rather than manufacturing or R&D sites.^{8, 9, 10}

• ASML’s current careers material states that customer-support engineers in Kiryat Gat and Migdal Ha’emek serve unspecified high-profile clients and install, maintain, and continuously improve ASML lithography machines at customer sites.⁹

• ASML describes its global customer-support function as maintaining systems in customer fabs through predictive maintenance, upgrades, performance improvement, knowledge transfer, relocation, refurbishment, and related services; the Israel-specific material does not establish that every global service is performed at both Israeli offices.^{11, 12, 13}

• The strongest primary entity linkage is between ASML Israel (2001) Ltd. and Kiryat Gat because the current subsidiary exhibit pairs them; no public evidence identified establishing whether the Migdal Ha’emek office is operated by ASML Israel (2001) Ltd., Cymer B.V.’s Israel presence, another ASML entity, or a customer-site arrangement.^{4, 8, 7}

• The current sources do not establish the opening date of either present office, although they establish ASML Israel as an identified operating subsidiary by 2013 and current Kiryat Gat attribution in 2026.^{4, 5, 6}

• ASML’s FY2024 and FY2025 reports disclose Israeli suppliers and customers only in aggregate and do not identify counterparties, systems, revenues, end uses, installed-machine counts, headcount, contract values, or contract terms.^{1, 2}

• Globes reported on 26 December 2023 that Intel’s planned Kiryat Gat facility would use ultraviolet lithography and that special machines had already been ordered from ASML.¹⁴

• That reported ASML-to-Intel order is a commercial-operation lead rather than a primary ASML–Intel contract, purchase order, shipment, delivery, installation, export-licence, or customer-confirmation record.^{14, 15}

• Intel describes Kiryat Gat as its most advanced Israeli manufacturing facility and identifies Fab 28 there, corroborating the facility’s existence and commercial semiconductor-manufacturing character but not independently establishing ASML contracting or delivery.¹⁵

• ASML’s FY2025 filing, February 2026 subsidiary exhibit, and current Israeli support materials establish continuing Israeli corporate and customer-support presence after July and November 2024; they do not identify Intel as a customer or establish fulfillment or continued activity of the reported 2023 order.^{4, 8, 2, 9, 14}

• Tower Semiconductor identifies headquarters and fabrication facilities in Ramat Gavriel Industrial Park, Migdal Ha’emek, including a fab using a 193-nanometre scanner, and reports that foreign equipment vendors install, qualify, maintain, and repair tools at its Israeli fab.^{16, 17, 18}

• Tower’s materials do not name ASML as a vendor or identify the scanner’s manufacturer; geographic proximity and Tower’s use of foreign vendors are insufficient to establish an ASML–Tower relationship. No public evidence identified of a primary ASML–Tower purchase order, equipment sale, service agreement, installation, maintenance contract, or customer announcement.^{16, 17, 18}

• Rigotec advertises a project titled “Move-in and vendor support installing ASML Machines” naming Intel and ASML as clients, but identifies the project as Ireland’s Fab 34 with a 60-month duration; it is therefore not evidence of an ASML-machine installation in Israel.¹⁹

• No public evidence identified in the bounded review of an ASML site, reseller, equipment delivery, service contract, customer location, installation, or service activity in the West Bank, East Jerusalem, the Golan Heights, or an Israeli settlement.^{8, 9}

• The supplied document-scoped full-text checks did not identify ASML in the specified 2023 and 2025 OHCHR settlement-business database documents, A/HRC/59/23, or the listed civil-society reports; this does not establish absence from other database editions, records, procurement material, litigation, or reports.^{1, 2}

• No public evidence identified in the bounded review of an ASML contract with the IDF, Ministry of Defense, another Israeli security body, a settlement authority, or a settlement-linked industrial facility, or of equipment end use by an Israeli military or intelligence body.^{1, 2}

• No public evidence identified of ASML manufacturing systems, operating a semiconductor fab, conducting defence-specific development, or directing equipment, services, or logistics to a state, military, settlement authority, or military-welfare body from either listed Israeli office.^{8, 9}

• No public evidence identified in the bounded review of legal, regulatory, OECD National Contact Point, international-body, or court proceedings concerning ASML’s Israel operations.^{1, 2}

• No supportable organized boycott, divestment, or sanctions campaign naming ASML was identified, and the supplied document-scoped check found no ASML mention in the BDS Movement’s 30 November 2024 corporate-priority-target document.^{1, 2}

• The informal Reddit reference noted in prior research was excluded because it did not provide an independently verifiable source chain.

• I/M/P/V comparison - retained Business-as-Usual frame: Integration is substantive rather than merely nominal: ASML has a wholly owned Israeli subsidiary, two publicly listed offices, Israel-based supplier/customer/support relationships, and engineers conducting installation, maintenance, and improvement work at customer sites.^{4, 8, 2, 9}

• Materiality remains unquantified: ASML characterizes the Israeli supplier, customer, and support footprint as small or limited and discloses no Israel-specific revenue, assets, headcount, installed-base count, contract value, or service-volume measure.^{1, 2}

• Proximity is directly commercial to unspecified Israeli semiconductor customers and their customer sites; the Intel report is an unconfirmed equipment-order lead, while no territorial, settlement, military, security-body, or conflict-end-use nexus was established.^{8, 9, 14}

• Visibility is public: ASML Israel has appeared in an Israeli governmental filing since at least 2013 and is disclosed in the 2026 SEC exhibit, while both offices have public addresses, telephone numbers, and recruitment visibility; customer and contract details remain undisclosed.^{4, 8, 9, 5}

• The record therefore exceeds a passive sales or marketing presence but does not establish a military, state-procurement, settlement, occupied-territory, political-advocacy, or crisis-logistics mechanism that would factually distinguish it from the retained ordinary commercial semiconductor-support frame.^{1, 4, 8, 2, 9}

Internal Governance, Content & Retail Policies

• No public evidence identified of ASML employment discipline, litigation, union action, political-symbol enforcement, shareholder-resolution suppression, platform moderation, or editorial-policy activity concerning Israel-Palestine.^{1, 2}
• ASML’s reported business is semiconductor-equipment manufacturing, and the bounded review did not identify a relevant platform product or regulatory inquiry.^{2, 13}
• No public evidence identified of settlement-origin product labelling, sourcing categorization, or related regulatory action involving ASML.^{1, 2}
• ASML’s FY2024 and FY2025 reports disclose Israeli suppliers and customers only in aggregate and do not identify counterparties, systems, revenues, end uses, or contract terms.^{1, 2}

Brand Heritage & State Partnerships

• No public evidence identified in the reviewed ASML materials that the company’s branding invokes Israeli military heritage, state-security origins, or defence-sector credentials.^{1, 2}
• No public evidence identified of ASML accepting Israeli state honours, sponsoring state-backed cultural or “Brand Israel” campaigns, or maintaining a disclosed non-commercial partnership with an Israeli government, military, or state-backed cultural institution.^{1, 2}
• The reviewed materials do not establish the function, customers, activities, equipment, or territorial service coverage of ASML’s listed Israeli offices beyond the described customer-support activity.^{4, 8, 9}
• ASML’s Articles of Association describe a commercial object involving the establishment, participation in, administration, and financing of enterprises, particularly enterprises developing, manufacturing, and trading semiconductor-production products, lithographic systems, related technical expertise, and services; they do not state an Israeli state-policy, military-infrastructure, or geopolitical objective.²⁰

Lobbying, Advocacy, Financing & Logistics

• ASML’s 2025 Global Advocacy Report states that ASML is registered in the EU Transparency Register, ASML U.S. under the U.S. Lobbying Disclosure Act, and ASML Germany in the German Lobbyregister.²¹
• The same report states that ASML does not make political contributions and describes its advocacy as concerning semiconductor-sector market access, governmental stakeholders, policy development, R&D incentives, and related business objectives.²¹
• The political-contributions statement is a corporate disclosure and does not independently resolve charitable contributions, executive personal donations, contributions by affiliated entities, or the subject matter of industry-association activity.²¹
• No public evidence identified in the bounded review of ASML Israel-Palestine-related lobbying, anti-BDS activity, or leadership roles in pro-Israel geopolitical advocacy groups.²¹
• No public evidence identified of ASML corporate support for the IDF, Friends of the IDF, JNF/KKL, settlement organizations, military-welfare funds, the Israeli Ministry of Defense, Israeli state institutions, or state-aligned NGOs during the current conflict.^{1, 2}
• Donation pages returned by focused FIDF and JNF searches did not identify ASML as a donor and were therefore not treated as evidence of a contribution.
• No public evidence identified that ASML directed equipment, services, logistics, credit, free services, grants, or other assets to Israeli state, military, or state-aligned organizations during the current conflict.^{1, 2}
• No primary Israeli procurement record or company disclosure was retrieved tying ASML equipment, services, ASML Israel, or Cymer’s Israeli presence to the IDF, Ministry of Defense, settlements, or settlement-linked industrial facilities.^{1, 2, 7}
• Intel’s reported Israeli-government grant and procurement commitments for its Kiryat Gat expansion concern Intel rather than ASML and should not be treated as ASML funding, state support, or an ASML military or state contract.¹⁴

Corporate Structure & Primary Mission

• ASML Holding N.V. is a Dutch public limited-liability company with its corporate seat in Veldhoven, listed on Euronext Amsterdam and Nasdaq, and operating under a two-tier governance structure in which the Board of Management manages the company and an independent Supervisory Board supervises and advises it.^{2, 22}
• ASML’s 2025 governance reporting identifies its governance bases as its Articles of Association, Dutch and relevant EU law, the Dutch Corporate Governance Code, and applicable U.S. listing and securities requirements.²²
• ASML reported 385,417,665 ordinary shares outstanding as of 31 December 2025, each with a nominal value of €0.09 and one vote per ordinary share; no cumulative preference shares had been issued.²
• ASML’s public disclosures available through 18 February 2026 identify BlackRock, Inc. with 26,325,103 shares, or 6.83% of ordinary shares, and Capital Research and Management Company with 19,612,223 voting rights or shares, or 5.09%; ASML reported that CRMC did not report an ownership right associated with those shares.^{2, 22, 23}
• The reviewed major-shareholder disclosures identify no individual, family office, foundation, founding entity, or entity holding 10% or more of ASML ordinary shares; this disclosure-based finding does not exclude undisclosed, derivative, intermediary, subsequently changed, or below-threshold interests.^{2, 22, 23}
• Stichting Continuïteit ASML holds a preference-share option intended to deter influences conflicting with the interests, independence, or identity of ASML and its group companies; it may acquire cumulative preference shares and exercise their voting rights if the option is exercised.^{2, 23}
• ASML reported that Stichting Continuïteit ASML operates independently and identifies Wim Pelsma, Sjoerd Vollebregt, Jos Streppel, and Arnold Croiset van Uchelen as its board; no preference shares were reported issued.^{2, 23}
• The retrieved record does not establish that Stichting Continuïteit ASML exercised its option, controlled ordinary-share voting, or engaged in Israel-Palestine-related conduct.^{2, 23}
• ASML describes itself as operating through subsidiaries in Israel, the Netherlands, the United States, the United Kingdom, China, Taiwan, South Korea, Japan, Germany, France, Belgium, Ireland, Italy, Malaysia, Singapore, and Hong Kong.²
• ASML’s subsidiaries exhibit distinguishes Carl Zeiss SMT Holding GmbH & Co. KG, in which the group reports a 24.9% interest, and HighTechXL Group B.V., in which it reports a 31.97% interest, as associates rather than subsidiaries.⁴
• ASML’s official history identifies Philips and ASM International N.V. as the founding entities: they announced their intended joint venture on 5 September 1983 and commenced operations as ASM Lithography on 1 April 1984 to commercialize the Philips-developed PAS 2000 wafer stepper.^{24, 25}
• Arthur del Prado, founder and then CEO of ASM International, proposed ASM as a partner, pursued the collaboration, and negotiated on ASM’s side; the retrieved record supports describing him as the initiating ASM-side individual but does not identify him as an ASML founder-shareholder in a personal capacity.^{24, 26}
• ASML’s founding account describes Gjalt Smit as the new venture’s recruited general manager, but does not identify him as a separate founding shareholder or establish a current ownership, governance, advisory, or brand-representative role.²⁴
• ASM International sold its ASML share in 1988, while ASML states that it became a fully independent public company in 1995, that Philips sold half its holding at the IPO, and that Philips sold the remainder in subsequent years.^{25, 26}
• Neither Philips nor ASM International appears in ASML’s disclosed major-shareholder table available through 18 February 2026, and no current founder-entity ownership, board-appointment right, advisory role, or other governance right was identified in the reviewed record.^{22, 23}
• ASML continues to identify Philips and ASM International in its official historical materials, which establishes an ongoing historical brand narrative but not founder control.^{24, 25}
• ASM International reports that Arthur del Prado lived from 1931 to 2016; no current ASML role can therefore attach to him personally, and no continuing ASML governance, ownership, advisory, foundation, or brand-ambassador relationship was identified in the retrieved material.²⁶
• No founding-document or historical-source retrieval adequate to establish the original joint-venture agreement, shareholder register, incorporation deed, or contemporaneous founding filing was completed; exact founder-share allocations and related historical detail remain unresolved.^{24, 25, 26}
• No public evidence identified in the reviewed filings, Articles of Association, annual-report materials, and locations disclosure that ASML’s corporate mission, ownership structure, or a state-held golden share is expressly tied to advancing Israeli state geopolitical goals or infrastructure.^{8, 2, 20}
• The ASML Foundation states that it closed in 2024, while existing beneficiary commitments continue until completed and remaining funds are to go to international charitable education organizations selected by its board; the page does not identify recipients, Israel-Palestine-related grants, or military or settlement beneficiaries.²⁷
• An official Israeli company extract for ASML Israel (2001) Ltd. was not retrieved, although the Israeli Corporations Authority provides routes to basic information and paid full extracts and describes a public-register dataset containing company fields including name, status, incorporation date, purpose, annual-report status, and address.^{28, 29}

Executive & Leadership Footprint

• ASML’s current Board of Management comprises Christophe Fouquet, President and CEO; Roger Dassen, EVP and CFO; Frédéric Schneider-Maunoury, EVP and COO; Wayne Allan, EVP and Chief Strategic Sourcing & Procurement Officer; Jim Koonmen, EVP and Chief Customer Officer; and Marco Pieters, EVP and CTO.³⁰
• ASML states that its Board of Management has six members and that the CEO is its sole president and chair.³⁰
• Marco Pieters was appointed to ASML’s Board of Management at the 22 April 2026 AGM and is listed as a Board member since 2026 and CTO since 2025.^{30, 31}
• ASML’s current Supervisory Board materials identify Nils Andersen as Chair, alongside Jack de Kreij, Birgit Conix, Warren East, Terri Kelly, Mark Durcan, Karien van Gennip, An Steegen, and Benjamin Loh.³²
• The 22 April 2026 AGM reappointed Terri Kelly and An Steegen, appointed Benjamin Loh, and recorded the end of Alexander Everke’s term.³¹
• ASML’s 2025 governance reporting states that all then-current Supervisory Board members were independent under the Dutch Corporate Governance Code and records Karien van Gennip’s April 2025 appointment, Annet Aris’s departure after ten years, and Birgit Conix’s reappointment for a second four-year term.²²
• ASML reported that eight Board of Management and Supervisory Board members together held 51,095.11 shares, or 0.01% of the class, in 2025; the disclosure is collective and does not identify individual holdings.²²
• Karien van Gennip, while outgoing Dutch Social Affairs Minister in October 2023 and before her ASML Supervisory Board appointment, called for employers to permit respectful workplace discussion of the Israel–Hamas war and referred to tensions involving antisemitism and Islamophobia.³³
• The cited report does not record that van Gennip’s 2023 remarks involved an ASML role, a donation, organizational affiliation, military-welfare support, or a settlement connection.³³
• No reliable public evidence was identified in the bounded search of Arthur del Prado of an Israel-Palestine statement, IDF/FIDF/JNF/KKL donation, military-welfare or settlement support, anti-BDS activity, pro-Israel advocacy-group office, or relevant Israeli defence, surveillance, or cyber investment; this is not a registry-wide clearance because no personal foundation archive, Dutch donation register, complete press archive, or estate record was retrieved.²⁶
• No public evidence identified in targeted searches of the other current and recently departed Board of Management and Supervisory Board members, BlackRock, CRMC, and Stichting Continuïteit ASML directors of verified primary or reliably sourced Israel-Palestine statements, donations to IDF/FIDF/JNF/KKL or settlement organizations, military-welfare support, pro-Israel or anti-BDS leadership roles, related political lobbying, relevant Israeli defence or cyber equity investments, or Israeli state honours.^{2, 22, 30, 32, 23}
• This bounded result is not a definitive person-by-person clearance: no principal-specific IRS Form 990 or 990-PF schedules, Charity Commission returns, Dutch political-donation searches, FEC individual-contribution records, lobbying registrations, investment filings, social-media archives, family-office records, estate records, or organization-specific donor-roll retrievals were obtained for every named person or holder.^{2, 22}
• No principal-linked private or family foundation was identified in the retrieved materials, and no conclusion of absence from external charity, political-finance, lobbying, investment, or family-office records is made.^{2, 22}
• Accordingly, no verified conduct in the reviewed record is attributable to a controlling principal, a substantial holder, a founder or founder entity, Stichting Continuïteit ASML, the closed ASML Foundation, or another group vehicle in relation to Israel-Palestine.^{2, 22, 27, 24, 25, 26}