GlobeNewswire Inc | Nov 1, 2021 09:00AM EDT

November 01, 2021

STMicroelectronics Announces Status ofCommon Share Repurchase Program

Disclosure of Transactions in Own Shares Period from Oct25, 2021 toOct29, 2021

AMSTERDAM November1, 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 July 1, 2021. The Program was approved by a shareholder resolution dated May 27, 2021 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 Oct 25, 2021 to Oct 29, 2021 (the Period), of 211,043 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 39.2687 and for an overall price of EUR 8,287,385.61.

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)25-Oct-21 43,890 37.9466 1,665,476.27 XPAR26-Oct-21 42,498 38.7475 1,646,691.26 XPAR27-Oct-21 40,588 38.4527 1,560,718.19 XPAR28-Oct-21 40,812 40.6337 1,658,342.56 XPAR29-Oct-21 43,255 40.6001 1,756,157.33 XPARTotal for 211,043 39.2687 8,287,385.61 Period

Following the share buybacks detailed above, the Company holds in total 3,827,194 treasury shares, which represents approximately 0.4% 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 BretonCorporate External CommunicationsTel: + 33.6.59.16.79.08alexis.breton@st.com

Attachment

-- C3049C -- Nov 1 2021 -- Disclosure of transactions in Own Shares_FINAL FOR PUBLICATION