Press release
Communiqué de presse
Comunicato stampa
新闻稿 / 新聞稿
プレスリリース
보도자료
PR No: C3329C


Statement from STMicroelectronics Supervisory Board

Amsterdam, April 10, 2025 – The Supervisory Board of STMicroelectronics N.V. wishes to make 3
comments on statements made in the Italian press on April 9th:

Accusations on the personal transactions made by the 2 members of the Company’s Managing Board on
the eve of earnings releases are false. Stock sales done during the Company’s blackout period were
made by the Company’s stock plan administrator, through an automatic procedure, to abide by Swiss tax
rules for the Managing Board members and were legal and compliant with Company policy. On the class
action under way, the Supervisory Board reviewed the processes and believes that the Company has
good defense against the allegations.

The Supervisory Board unanimously approved the details of a Company-wide program to reshape the
Company’s manufacturing footprint, accelerating ST’s wafer-fab capacity to 300mm silicon and 200mm
silicon carbide, announced to the markets last year on October 31st and this year on January 30th. This
plan allows for a major improvement of the competitiveness of the Company.

The Supervisory Board expresses its renewed support to Jean-Marc Chery, Lorenzo Grandi, and the
management team, notably in their capacity to execute the transformation during challenging times for
the semiconductor industry.

About STMicroelectronics
At ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor
supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work
with more than 200,000 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 cloud-connected autonomous things. We are on track to
be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business
travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable
electricity sourcing goal by the end of 2027. Further information can be found at www.st.com.


For further information, please contact:
INVESTOR RELATIONS
Jérôme Ramel
EVP Corporate Development & Integrated External Communication
Tel: +41.22.929.59.20
jerome.ramel@st.com

MEDIA RELATIONS
Alexis Breton
Corporate External Communications
Tel: +33.6.59.16.79.08
alexis.breton@st.com