GlobeNewswire Inc | Jan 11, 2021 05:30AM EST

January 11, 2021

PR NC2978C

STMicroelectronics Announces Status ofCommon Share Repurchase Program

Disclosure of Transactions in Own Shares Period from Jan 04, 2021 to Jan 08, 2021

AMSTERDAM January 11, 2021 -- 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 November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.

STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: STM) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between January 04, 2021 to January 08, 2021 (the Period), of 368,618 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 32.1798 and for an overall price of EUR 11,862,049.37.

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

Transactions in Period

Dates of Number of Weighted average Total amount Market on which thetransaction share purchase price per paid (EUR) shares were bought purchased share (EUR) (MIC code)Jan 04, 92,900 31.5836 2,934,116.44 XPAR2021Jan 05, 77,100 32.1527 2,478,973.17 XPAR2021Jan 06, 63,457 31.8960 2,024,024.47 XPAR2021Jan 07, 71,900 32.0910 2,307,342.90 XPAR2021Jan 08, 63,261 33.4739 2,117,592.39 XPAR2021Total for 368,618 32.1798 11,862,049.37 Period



Following the share buybacks detailed above, the Company holds in total 6,193,036 treasury shares, which represents approximately 0.7% of the Companys issued share capital.

In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (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://investors.st.com/buyback-program).

About STMicroelectronics

ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. STs products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices. By getting more from technology to get more from life, ST stands for life.augmented.

In 2019, the Companys net revenues were $9.56 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.

For further information, please contact:INVESTOR RELATIONS:Cline BerthierGroup VP, Investor RelationsTel: +41.22.929.58.12celine.berthier@st.com

MEDIA RELATIONS:Alexis Breton Corporate External CommunicationsTel: + 33 6 59 16 79 08alexis.breton@st.com

Attachment

-- C2978C - ST -- Disclosure of transactions in Own Shares PR -- 11 January 2021