STMicroelectronics N.V. - STM STOCK NEWS

Geneva, Switzerland, March 7, 2023 – STMicroelectronics (NYSE: STM) has announced the launch of the STM32Trust TEE Secure Manager, a pioneering microcontroller security solution that simplifies embedded application development. This innovative product leverages Arm® TrustZone® technology and complies with PSA Certified Level 3 and Global Platform SESIP 3 security specifications. Initially integrated into the new STM32H5 series, it aims to save developers time and enhance security services. This collaboration with ProvenRun and Microsoft Azure enhances device security and simplifies credential management for IoT applications, highlighting ST's commitment to high-performance, secure solutions.

STMicroelectronics has launched the STM32H5 microcontroller series, enhancing performance and security for smart applications. Featuring an Arm Cortex-M33 core clocked at 250MHz, these MCUs achieve 375 DMIPS and an industry-standard score of 1023 on the EEMBC CoreMark benchmark. The STM32Trust TEE Secure Manager simplifies security implementation, protecting IoT assets. With improved energy efficiency, the MCUs operate effectively in harsh environments up to 125°C. Prices start at $1.44 for 10,000 units. Mass production has begun, with broader availability expected in June 2023.

STMicroelectronics announced changes to its trading symbols on the Euronext platform effective March 13, 2023. The common shares listed on Euronext will now have new symbols: ‘STMMI’ for the former Borsa Italiana listing in Milan and ‘STMPA’ for the Euronext Paris listing. This change is necessary due to the migration of Borsa Italiana markets onto the Euronext trading platform, requiring separate trading symbols for each order book. Notably, the STM symbol on the New York Stock Exchange remains unchanged. STMicroelectronics is committed to becoming carbon neutral by 2027.

STMicroelectronics has announced the details of its common share repurchase program for the period between February 27, 2023, and March 3, 2023. During this time, the company repurchased 142,787 ordinary shares at a weighted average price of EUR 45.0676 per share, totaling EUR 6,435,060.65. This repurchase is intended to meet obligations from employee share option programs and may also serve other lawful purposes if not needed for this. Post-repurchase, STMicroelectronics holds 8,808,495 treasury shares, representing approximately 1.0% of its issued share capital.

STMicroelectronics has received USB-IF certification for its new ICs designed for USB Power Delivery (USB PD) Extended Power Range (EPR) chargers. With the ability to deliver up to 140W from a single adapter, these solutions improve charging efficiency across various devices, including computers and e-bikes. The certified reference designs, REF_STUSB140W (sink) and ST-ONEHP (source), comply with USB PD 3.1 specifications, promoting a transition to USB-C connectors and reducing electronic waste. With a commitment to carbon neutrality by 2027, STMicroelectronics continues to innovate in sustainable technology.

STMicroelectronics has disclosed its common share repurchase program, initiated on May 27, 2021. From February 20 to February 24, 2023, the company repurchased 141,913 ordinary shares, representing 0.02% of its issued capital, for a total amount of EUR 6,405,171.53, at a weighted average price of EUR 45.1345 per share. The repurchases, conducted on Euronext Paris, aim to fulfill obligations from share option programs for employees and management. Following these transactions, STMicroelectronics holds 8,666,660 treasury shares, approximately 1.0% of its total issued capital, which may be used for various lawful purposes.

STMicroelectronics (NYSE: STM), a global semiconductor leader, has published its Annual Report on Form 20-F for the year ending December 31, 2022. The report, containing audited financial statements, is available on the company's website and the U.S. Securities and Exchange Commission (SEC) site. Shareholders can request a hard copy from the Investor Relations Department. STMicroelectronics emphasizes its commitment to sustainability, aiming for carbon neutrality by 2027 and supporting advancements in mobility, energy management, and the Internet of Things.

STMicroelectronics has introduced new STM32U5 microcontrollers (MCUs) that enhance performance and energy efficiency for IoT and embedded applications. The STM32U5 series is the first general-purpose MCUs to gain NIST embedded random-number entropy source certification. With up to 4Mbyte Flash and 2.5Mbyte SRAM, these MCUs support complex applications, including advanced wireless security systems, as evidenced by Ajax Systems' adoption. Scheduled for volume production in Q2 2023, pricing starts at $2.15 for 10,000 units.

STMicroelectronics has announced the completion of a common share repurchase program, detailing transactions from February 13 to February 17, 2023. A total of 139,089 shares were repurchased, accounting for 0.02% of its issued share capital, at a weighted average price of EUR 45.8388, for a combined price of EUR 6,375,673.43. This buyback aims to fulfill obligations related to employee share options. Following these transactions, the company holds 8,524,747 treasury shares, representing approximately 0.9% of the total issued capital.