GlobeNewswire Inc | Mar 1, 2021 08:00AM EST

March 01, 2021

PR NC2988C

STMicroelectronics Announces Status ofCommon Share Repurchase Program

Disclosure of Transactions in Own Shares Period from Feb 22, 2021 to Feb 26, 2021

AMSTERDAM March 01, 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 February 22, 2021 to February 26, 2021 (the Period), of 388,291 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 32.7865 and for an overall price of EUR 12,730,718.07.

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)Feb 22, 56,645 34.0274 1,927,482.07 XPAR2021Feb 23, 58,538 32.7714 1,918,372.21 XPAR2021Feb 24, 90,262 32.8126 2,961,730.90 XPAR2021Feb 25, 90,260 32.7717 2,957,973.64 XPAR2021Feb 26, 92,586 32.0260 2,965,159.24 XPAR2021Total for 388,291 32.7865 12,730,718.07 Period



Following the share buybacks detailed above, the Company holds in total 8,518,495 treasury shares, which represents approximately 0.9% 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 more than 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

-- C2988C - ST -- Disclosure of transactions in Own Shares PR -- 01 March 2021 FINAL FOR PUBLICATION