All resolutions permitted on the 2024 STMicroelectronics’ Annual Common Assembly of Shareholders

STMicroelectronics, a worldwide semiconductor chief serving prospects throughout the spectrum of electronics functions, introduced the outcomes associated to the voting gadgets of its 2024 Annual Common Assembly of Shareholders (the “2024 AGM”), which was held in Amsterdam, the Netherlands.

All of the resolutions had been permitted by the Shareholders:

• The adoption of the Firm’s statutory annual accounts for the 12 months ended December 31, 2023, ready in accordance with Worldwide Monetary Reporting Requirements (IFRS). The 2023 statutory annual accounts had been filed with the Netherlands Authority for the Monetary Markets (AFM) on March 21, 2024, and are posted on the Firm’s web site (www.st.com) and the AFM’s web site (www.afm.nl);
• The distribution of a money dividend of US$ 0.36 per excellent share of the Firm’s widespread inventory, to be distributed in quarterly instalments of US$ 0.09 in every of the second, third and fourth quarters of 2024 and the primary quarter of 2025 to shareholders of document within the month of every quarterly cost as per the desk under;
• The modification to the Firm’s Articles of Affiliation;
• The adoption of the Remuneration Coverage for the Supervisory Board;
• The adoption of the Remuneration Coverage for the Managing Board;
• The reappointment of Mr Jean-Marc Chery as a member and Chairman of the Managing Board for a three-year time period to run out on the finish of the 2027 AGM;
• The approval of the stock-based portion of the compensation of the President and CEO;
• The appointment of Mr. Lorenzo Grandi as a member of the Managing Board for a three-year time period to run out on the finish of the 2027 AGM; • The approval of the stock-based portion of the compensation of the Chief Monetary Officer;
• The approval of a brand new 3-year Unvested Inventory Award Plan for Administration and Key Workers;
• The reappointment of EY as exterior auditor for the 2024 and 2025 monetary years;
• The reappointment of Mr. Nicolas Dufourcq, as member of the Supervisory Board, for a three-year time period to run out on the finish of the 2027 AGM; 2 • The reappointment of Ms. Janet Davidson, as member of the Supervisory Board, for a one-year time period to run out on the finish of the 2025 AGM;
• The appointment of Mr. Pascal Daloz, as member of the Supervisory Board, for a three-year time period expiring on the 2027 AGM, in substitute of Mr. Yann Delabrière whose mandate will expire on the finish of the 2024 AGM;
• The authorization to the Managing Board, till the conclusion of the 2025 AGM, to repurchase shares, topic to the approval of the Supervisory Board;
• The delegation to the Supervisory Board of the authority to challenge new widespread shares, to grant rights to subscribe for such shares, and to restrict and/or exclude current shareholders’ pre-emptive rights on widespread shares, till the top of the 2025 AGM;
• The discharge of the member of the Managing Board; and
• The discharge of the members of the Supervisory Board.

The entire agenda and all related detailed info regarding the 2024 AGM and all associated AGM supplies can be found on the Firm’s web site (www.st.com) and made accessible to shareholders in compliance with authorized necessities.

The draft minutes of the AGM will likely be posted on the Common Assembly of Shareholders web page of the Firm’s web site (www.st.com) inside 30 days following the 2024 AGM. As for rule amendments from the Securities and Trade Fee (SEC) and conforming FINRA rule adjustments, starting on Might 28, 2024, on the US market the brand new normal for settlement will turn into the following enterprise day after a commerce or t+1. European settlement rule will stay at t+2. T