STMicroelectronics Announces Status of Common Share Repurchase Program

Disclosure of Transactions in Own Shares

Period from Feb 10, 2025 to Feb 14, 2025

AMSTERDAM – February 17, 2025 — 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.

During the period from February 10, 2025 to February 14, 2025, STMicroelectronics repurchased a total of 100,000 of its own shares on the Euronext Paris trading venue as part of the Program. The highest price paid per share was €25.00, and the lowest price paid per share was €23.50. The total amount of shares repurchased during this period was €2,350,000.

As of February 14, 2025, the total number of shares repurchased under the Program was 1,000,000, representing approximately 0.11% of the Company’s issued share capital.

The Program, which was authorized by the Annual General Meeting of Shareholders on June 13, 2024, aims to reduce the Company’s share capital and mitigate the dilutive impact of shares issued under the Company’s employee stock option plans.

STMicroelectronics will continue to provide regular updates on the progress of the Program in accordance with applicable regulations.

Impact on Individuals

Individual investors may see an increase in the value of their shares as the company repurchases its own shares, reducing the number of shares outstanding in the market. This can lead to an increase in earnings per share and potentially drive up the stock price.

Global Impact

The buyback program can have a positive impact on the overall market sentiment towards STMicroelectronics, as it demonstrates the company’s confidence in its own financial stability and future prospects. This can attract more investors to the company and help boost its market capitalization, ultimately benefiting not just the company but also the semiconductor industry as a whole.

Conclusion

STMicroelectronics’ common share repurchase program reflects the company’s commitment to enhancing shareholder value and optimizing its capital structure. As the program progresses, it is likely to have a positive impact on both individual investors and the global semiconductor market, positioning STMicroelectronics for sustained growth and success in the future.