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STMicroelectronics Announces Status of Common Share Repurchase Program

STMicroelectronics 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 announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Aug 08, 2022 to Aug 12, 2022 (the “Period”), of 173,679 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 36.8721 and for an overall price of EUR 6,403,910.21.

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM, in detailed form.

Transactions in Period

Dates of transaction Number of shares purchased Weighted average purchase price per share (EUR) Total amount paid (EUR) Market on which the shares were bought (MIC code)
08-Aug-22  34,112  37.7903  1,289,102.71 XPAR
09-Aug-22  35,089  36.6341  1,285,453.93 XPAR
10-Aug-22  35,415  36.2770  1,284,749.96 XPAR
11-Aug-22  34,505  36.8806  1,272,565.10 XPAR
12-Aug-22  34,558  36.8088  1,272,038.51 XPAR
Total for Period  173,679  36.8721  6,403,910.21

Following the share buybacks detailed above, the Company holds in total 3,768,290 treasury shares, which represents approximately 0.4% of the Company’s 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 investors.st.com/buyback-program

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