GlobeNewswire Inc | Jan 25, 2021 05:00AM EST

January 25, 2021

PR NC2980C

STMicroelectronics Announces Status ofCommon Share Repurchase Program

Disclosure of Transactions in Own Shares Period from Jan 18, 2021 to Jan 22, 2021

AMSTERDAM January 25, 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 18, 2021 to January 22, 2021 (the Period), of 357,723 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 33.1553 and for an overall price of EUR 11,860,426.59.

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 paid Market on whichtransaction share purchase price per (EUR) the shares were purchased share (EUR) bought (MIC code)Jan 18, 73,869 33.0994 2,445,019.58 XPAR2021Jan 19, 79,307 32.9757 2,615,203.84 XPAR2021Jan 20, 82,241 33.5440 2,758,692.10 XPAR2021Jan 21, 60,340 33.5238 2,022,826.09 XPAR2021Jan 22, 61,966 32.5773 2,018,684.97 XPAR2021Total for 357,723 33.1553 11,860,426.59 Period

Following the share buybacks detailed above, the Company holds in total 6,855,864 treasury shares, which represents approximately 0.8% 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 STMicroelectronicsAt ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with our 100,000 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 the Internet of Things and 5G technology. 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

-- C2980C - ST -- Disclosure of transactions in Own Shares PR -- 25 January 2021 - FINAL FOR PUBLICATION