STMicroelectronics N : STMicroelectronics Announces Status of Common Share Repurchase Program

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PR N°C3047C

STMicroelectronics Announces Status of

Common Share Repurchase Program

Disclosure of Transactions in Own Shares - Period from Oct 18, 2021 to Oct 22, 2021

AMSTERDAM - October 25, 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 18, 2021 to Oct 22, 2021 (the "Period"), of 213,514 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 37.0671 and for an overall price of EUR 7,914,349.67.

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	Total amount	Market on which
transaction	share	average	paid (EUR)	the shares were
	purchased	purchase price		bought (MIC
		per share (EUR)		code)
18-Oct-21	43,636	36.3702	1,587,050.05	XPAR
19-Oct-21	41,908	36.8554	1,544,536.10	XPAR
20-Oct-21	42,015	36.8917	1,550,004.78	XPAR
21-Oct-21	42,861	37.2964	1,598,561.00	XPAR
22-Oct-21	43,094	37.9217	1,634,197.74	XPAR
Total for Period	213,514	37.0671	7,914,349.67

Following the share buybacks detailed above, the Company holds in total 3,616,151 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 (https://investors.st.com/buyback-program).

About STMicroelectronics

At 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:

Céline Berthier

Group VP, Investor Relations

Tel : [phone]

[e-mail]

MEDIA RELATIONS:

Alexis Breton

Corporate External Communications

Tel: + 33.6.59.16.79.08

[e-mail]