PR NdegC3270C

STMicroelectronics Announces Status of

Common Share Repurchase Program

Disclosure of Transactions in Own Shares -- Period from Jul 01, 2024 to Jul 05, 2024

AMSTERDAM -- July 8, 2024 -- STMicroelectronics N.V. (the "Company" or "STMicroelectronics"), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the "Program") disclosed via a press release dated June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board.

STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Jul 01, 2024 to Jul 05, 2024 (the "Period"), of 223,519 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 37.5385 and for an overall price of EUR 8,390,567.52.

The purpose of these transactions under article 5(2) of Regulation (EU) 596/2014 (the Market Abuse Regulation) was to meet obligations arising from debt financial instruments that are exchangeable into equity instruments.

The shares may be held in treasury prior to being used for such purpose and, to the extent that they are not ultimately needed for such purpose, they may be used for any other lawful purpose under article 5(2) of the Market Abuse Regulation.

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STMicroelectronics (ISIN: NL0000226223), in detailed form.

Transactions in Period

===

Weighted                       Market on 
average                        which the 
Number of     purchase price                   shares were 
Dates of          shares        per share      Total amount    bought (MIC 
transaction      purchased         (EUR)         paid (EUR)        code) 
---------------  --------------  --------------  --------------  ------------- 
1-Jul-24              59,586         36.8332    2,194,743.06           XPAR 
---------------  --------------  --------------  --------------  ------------- 
2-Jul-24              45,616         36.3666    1,658,898.83           XPAR 
---------------  --------------  --------------  --------------  ------------- 
3-Jul-24              42,782         37.8856    1,620,821.74           XPAR 
---------------  --------------  --------------  --------------  ------------- 
4-Jul-24              37,592         38.1961    1,435,867.79           XPAR 
---------------  --------------  --------------  --------------  ------------- 
5-Jul-24              37,943         39.0121    1,480,236.11           XPAR 
---------------  --------------  --------------  --------------  ------------- 

Total for

Period             223,519         37.5385    8,390,567.52 
---------------  --------------  --------------  --------------  ------------- 

===
Following the share buybacks detailed above, the Company holds in total 8,274,817 treasury shares, which represents approximately 0.9% of the Company's issued share capital.

In accordance with Article 5(1)(b) of the Market Abuse Regulation and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website ( https://www.globenewswire.com/Tracker?data=opNo1EBoJKgvsIm8JCgrX9v3X2oJgIRG1cE8oRJ5gIWmiamrhXUONqHCBtXTZ2fkofFN-_wzuYL6mFbusGUpVK4SeS4Xxq6Ghfb25gdM2yh_iiVf6ap9K-SEU5_eKv0s3YVmlR9B6ymOFqlMQIbrAq3rA9ENho-zckv7NlqjH0ARDah9U9G49zKcXswcqgY2XRyMjqfHQh1afvO5RVPHrw== https://investors.st.com/stock-and-bond-information/share-buyback).

About STMicroelectronics

At ST, we are over 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are committed to achieving our goal to become carbon neutral on scope 1 and 2 and partially scope 3 by 2027. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS:

Céline Berthier

Group VP, Investor Relations

Tel : +41.22.929.58.12

https://www.globenewswire.com/Tracker?data=vsx5vWu7KkU201rVXW9vPCM6cvP9oj8w9EEh-gGsZNTJQZX0NCPF87AuTBAaiYBEoMU13PiHfJgzU7-udwHLlHhZY-ZT6RnG9wUdcci7Pz4= celine.berthier@st.com

MEDIA RELATIONS:

Alexis Breton

Corporate External Communications

Tel: + 33.6.59.16.79.08

https://www.globenewswire.com/Tracker?data=5MRYefv-t3Gc5XVptTcChVgsB7qZxYyRb1T-6pdFbxSmX-eMgup1tPqyxSBtmiNJlZmUrmYkEDd6pi5WuRJ_qDYs8sRLcPYUN4AiiX45pMQ= alexis.breton@st.com

Attachment

===
-- 08 Jul 2024 -- Disclosure of transactions in Own Shares PR
https://ml-eu.globenewswire.com/Resource/Download/f8005b11-2103-496d-82d0-7d76b140870a



===
(END) Dow Jones Newswires

July 08, 2024 10:00 ET (14:00 GMT)