Statement from STMicroelectronics Supervisory Board
STMicroelectronics Supervisory Board has issued a statement addressing recent Italian press allegations and company developments. The Board refuted accusations regarding personal transactions by Managing Board members, clarifying that stock sales during blackout periods were conducted automatically by the plan administrator to comply with Swiss tax regulations.
The Board expressed confidence in the company's defense against an ongoing class action. Additionally, they unanimously approved a strategic manufacturing transformation program, focusing on expanding 300mm silicon and 200mm silicon carbide wafer-fab capacity, as previously announced on October 31st, 2024, and January 30th, 2025.
The Supervisory Board reaffirmed its support for Jean-Marc Chery, Lorenzo Grandi, and the management team in executing this transformation during challenging industry conditions.
Il Consiglio di Sorveglianza di STMicroelectronics ha emesso una dichiarazione in risposta alle recenti accuse della stampa italiana e agli sviluppi aziendali. Il Consiglio ha smentito le accuse riguardanti transazioni personali da parte dei membri del Consiglio di Amministrazione, chiarendo che le vendite di azioni durante i periodi di blackout sono state effettuate automaticamente dall'amministratore del piano per conformarsi alle normative fiscali svizzere.
Il Consiglio ha espresso fiducia nella difesa dell'azienda contro un'azione legale collettiva in corso. Inoltre, ha approvato all'unanimità un programma strategico di trasformazione della produzione, focalizzandosi sull'espansione della capacità di fabbricazione di silicio da 300 mm e carburo di silicio da 200 mm, come precedentemente annunciato il 31 ottobre 2024 e il 30 gennaio 2025.
Il Consiglio di Sorveglianza ha ribadito il suo sostegno a Jean-Marc Chery, Lorenzo Grandi e al team di gestione nell'esecuzione di questa trasformazione durante condizioni industriali difficili.
El Consejo de Supervisión de STMicroelectronics ha emitido una declaración abordando las recientes acusaciones de la prensa italiana y los desarrollos de la empresa. El Consejo refutó las acusaciones sobre transacciones personales por parte de los miembros del Consejo de Administración, aclarando que las ventas de acciones durante los períodos de bloqueo fueron realizadas automáticamente por el administrador del plan para cumplir con las regulaciones fiscales suizas.
El Consejo expresó confianza en la defensa de la empresa contra una demanda colectiva en curso. Además, aprobaron un programa estratégico de transformación de fabricación por unanimidad, centrándose en la expansión de la capacidad de fabricación de silicio de 300 mm y carburo de silicio de 200 mm, como se anunció anteriormente el 31 de octubre de 2024 y el 30 de enero de 2025.
El Consejo de Supervisión reafirmó su apoyo a Jean-Marc Chery, Lorenzo Grandi y al equipo de gestión en la ejecución de esta transformación durante condiciones industriales desafiantes.
STMicroelectronics의 감독 위원회는 최근 이탈리아 언론의 주장과 회사 발전에 대한 성명을 발표했습니다. 위원회는 경영 위원회 구성원들의 개인 거래에 대한 주장을 반박하며, 블랙아웃 기간 동안의 주식 매각이 스위스 세금 규정을 준수하기 위해 계획 관리자가 자동으로 수행한 것이라고 설명했습니다.
위원회는 진행 중인 집단 소송에 대한 회사의 방어에 대한 신뢰를 표현했습니다. 또한, 2024년 10월 31일 및 2025년 1월 30일에 이전에 발표된 바와 같이 300mm 실리콘 및 200mm 실리콘 카바이드 웨이퍼 제조 용량을 확장하는 전략적 제조 변환 프로그램을 만장일치로 승인했습니다.
감독 위원회는 어려운 산업 조건 속에서 이 변환을 실행하는 Jean-Marc Chery, Lorenzo Grandi 및 경영 팀에 대한 지지를 재확인했습니다.
Le Conseil de Surveillance de STMicroelectronics a publié une déclaration concernant les récentes allégations de la presse italienne et les développements de l'entreprise. Le Conseil a réfuté les accusations concernant des transactions personnelles des membres du Conseil de Direction, précisant que les ventes d'actions pendant les périodes de blackout ont été effectuées automatiquement par l'administrateur du plan pour se conformer aux réglementations fiscales suisses.
Le Conseil a exprimé sa confiance dans la défense de l'entreprise contre une action collective en cours. De plus, ils ont approuvé à l'unanimité un programme stratégique de transformation de la fabrication, axé sur l'expansion de la capacité de fabrication de silicium de 300 mm et carbure de silicium de 200 mm, comme annoncé précédemment le 31 octobre 2024 et le 30 janvier 2025.
Le Conseil de Surveillance a réaffirmé son soutien à Jean-Marc Chery, Lorenzo Grandi et à l'équipe de direction dans l'exécution de cette transformation dans des conditions industrielles difficiles.
Der Überwachungsrat von STMicroelectronics hat eine Erklärung zu den jüngsten Vorwürfen der italienischen Presse und den Entwicklungen im Unternehmen abgegeben. Der Rat wies die Vorwürfe bezüglich persönlicher Transaktionen der Mitglieder des Vorstandes zurück und stellte klar, dass Aktienverkäufe während der Blackout-Perioden automatisch vom Planadministrator durchgeführt wurden, um den schweizerischen Steuervorschriften zu entsprechen.
Der Rat äußerte Vertrauen in die Verteidigung des Unternehmens gegen eine laufende Sammelklage. Darüber hinaus genehmigten sie einstimmig ein strategisches Transformationsprogramm für die Fertigung, das sich auf die Erweiterung der 300mm Silizium und 200mm Siliziumkarbid Wafer-Fab-Kapazität konzentriert, wie bereits am 31. Oktober 2024 und 30. Januar 2025 angekündigt.
Der Überwachungsrat bekräftigte seine Unterstützung für Jean-Marc Chery, Lorenzo Grandi und das Management-Team bei der Umsetzung dieser Transformation unter herausfordernden Branchenbedingungen.
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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
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FAQ
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