Company presentation

January 2023
We are creators and makers of technology

One of the world’s largest semiconductor companies

Over 50,000 employees $16.1 billion revenues

of which 9,000+ in R&D in 2022

Over 80 sales & marketing

14 main manufacturing
offices serving over 200,000
sites
customers across the globe

Signatory of the United Nations Global Compact (UNGC)

Member of the Responsible Business Alliance (RBA)

As of December 31, 2022 2

 Global presence

Research & Development

Main Sales & marketing
Front-End
Back-End

3
 Jean-Marc Chery
President &
ST Executive Chief Executive Officer
Committee

President &
CEO Office
Marco Cassis
Strategy, System
Research &
Applications,
Marco Cassis Marco Monti Remi El-Ouazzane Jerome Roux Orio Bellezza Lorenzo Grandi Rajita D’Souza Steven Rose Innovation Office
Analog, MEMS Automotive Microcontrollers Sales & Marketing Technology, Finance, Purchasing, Human Resources Legal Counsel Alessandro
& Sensors & Discrete & Digital ICs Manufacturing, ERM & Resilience & Corporate Social Cremonesi
Group Group Group Quality, CFO Responsibility
Innovation Office
& Supply Chain
Alexandre Stefano Cantù Ricardo De-Sa-Earp Alberto Della Chiesa Franck Freymond Chouaib Rokbi
General Purpose Michael Anfang
Balmefrezol Smart Power Solutions Planning & Supply Audit*, ERM & Digital Transformation
Microcontroller EMEA Resilience & Information
Imaging Sub-Group Sub-Group Sub-Group Chain
Technology
Matteo Lo Presti Edoardo Merli Fabio Gualandris Claudia Levo
Henry Cao Back-End Giuseppe Notarnicola
Analog Power Transistor Integrated
China Manufacturing Treasury
Sub-Group Sub-Group & Technology Marketing &
Communications
Andrea Onetti Michael Hummel Bertrand Stoltz
Rino Peruzzi Analog & Power FE Public Affairs
MEMS Finance, Shared
Americas Manufacturing Frédérique
Sub-Group & Technology Systems and Services
Le Grevès
Hiroshi Noguchi Laurent Malier Europe & France
Asia-Pacific excluding Digital Front-End
Manufacturing Giuseppe
China (APeC) & Technology * Reports to the Notarnicola
Chairman of the Italy
Rino Peruzzi Nicolas Yackowlew Supervisory Board Bertrand Stoltz
Product Quality & Audit Committee and Asia
Global Key Account dotted line to the CEO
Reliability 4
 Our vision

ST stands for

Everywhere microelectronics
makes a positive contribution to people’s lives,
ST is there.

5
 Our value proposition for all stakeholders

For our shareholders For our customers For all stakeholders

Return value in line

Provide differentiating enablers Committed to sustainability
with our objective

Sustainable and profitable growth Independent, reliable & secure supply chain Our values: Integrity – People – Excellence

6
 Our technology starts with you

At ST, we create
technology that starts with
You
Our Our Our
employees customers partners

7
 Where you find us

Enabling the evolution

Making driving safer, of industry towards
greener, and more smarter, safer, and
connected more efficient
factories & workplaces

Making homes &

Making everyday
cities smarter, for
things smarter,
better living, higher
connected,
security, and to get
and more aware
more from available
of their surroundings
resources

8
Trends and markets
 Our strategy stems from key long-term enablers
Internet of Things &
Smart Mobility Power & Energy
Connectivity

Helping car manufacturers make Enabling industries to increase Supporting the proliferation of smart,
driving safer, greener, and more energy efficiency everywhere and the connected IoT devices with products,
connected for everyone use of renewable energy solutions & ecosystems

10
 Smart mobility
ST provides innovative solutions to help our customers make driving
safer, greener and more connected for everyone

Increase safety for road users Road crashes carry a high human toll
& driver comfort and convenience. and cost $500B+ every year

Affordable, desirable electric Electric vehicles sales* from ~10 million

vehicles in 2021 to ~30 million in 2025

Cleaner, greener Internal ICEs in over 80% of new vehicles

Combustion Engines (ICE) produced 2021-2025

Sources: www.asirt.org, Strategy Analytics

11
* Excluding Mild Hybrid EV
 Power & energy
ST technology and solutions enable customers to increase energy
efficiency everywhere & support the use of renewable energy sources

Rising demand for and usage of Over 30% global electricity demand
electrical energy increase from 2020 to 2030

Decrease carbon emissions to 45% CO2 emission reduction from

reduce global warming impact 2010 to 2030 to limit warming to 1.5°C

Electrical energy from renewal sources

Increase use of renewable energy from ~10% in 2020 to ~20% in 2030

Sources: IEA, IPCC, BP

12
 Internet of things & Connectivity
ST provides sensors, embedded processing, connectivity, security
and power management, as well tools and ecosystems

Cloud connected and data- More than 20 Billion IoT connected

enabled services devices per year by 2025

IoT security services market

Digital security for all data
over $12 billion by 2025

Cellular accelerating the Four billion cellular IoT connections by

connection of objects to the IoT 2025

Source: ABI, Ericsson, GSMA 13

Our strategy
 We address four end markets

Communications
Automotive Industrial Personal electronics equipment,
computers & peripherals

15
 Our strategic objectives
Automotive Industrial Personal electronics Communications Equipment,
Computers & Peripherals

Lead in embedded Lead in selected

Address selected
processing high-volume smartphone
Lead in high-volume applications
applications with
car electrification with differentiated products
differentiated products
or custom solutions
Lead in Power & or custom solutions
Energy Management

Lead in Sensors Leverage broad portfolio Leverage broad portfolio

Lead in to address high-volume to address high-volume
car digitalization applications applications
Accelerate in Analog

16
Products and technologies
Differentiated technologies are our foundation

MEMS Smart Power: BCD

for sensors & micro-actuators (Bipolar - CMOS - Power DMOS)

FD-SOI CMOS Discrete, Power MOSFET, IGBT

FinFET through Foundry Silicon Carbide, Gallium Nitride

Analog & RF CMOS Vertical Intelligent Power

eNVM CMOS Optical sensing solutions

Packaging technologies
Leadframe – Laminate – Sensor module – wafer level

18
Our products and solutions enable customer innovation
Dedicated Analog, Industrial & GP MCU & MPU,
Automotive ICs Power Conversion ICs Secure MCUs, EEPROM

Discrete & ASICs based on ST

MEMS & Optical sensing solutions
Power Transistors proprietary technologies

19
 ST product portfolio enabling strategic trends
Dedicated Discrete & Analog, Industrial GP, Connected MCU, MPU MEMS & Optical ASICs based on ST
Automotive ICs Power Transistors & Power Conversion ICs Secure MCU, EEPROM sensing solutions proprietary technologies

RF-SOI

FD-SOI

Bi-CMOS

Smart Mobility Power & Energy Internet of Things & Connectivity

20
 Dedicated automotive ICs

Automotive MCUs ADAS solutions

• Scalable single- and multicore MCU solutions • CMOS image sensors

• Targeting cost-sensitive to highly advanced • Image signal processors
applications • Radar transceivers
• Comprehensive development ecosystem • V2X communication solutions

Infotainment & telematics Automotive analog & power

• Makes the driving experience more fun • Compliance with rigorous automotive requirements
and comfortable • Design-ins at automotive suppliers and car makers
• Outstanding audio fidelity and positioning • Wide portfolio of analog, power and digital products
accuracy in every condition • VIPower* HSDs, LSDs & H-bridges and LED drivers
• Secure smartphone mirroring • Complete system kit solutions
• Safe vehicle connectivity with wide set
of peripherals

* registered and/or unregistered trademarks of STMicroelectronics International NV

or its affiliates in the EU and/or elsewhere 21
 Discrete & power transistors​
Diodes, rectifiers, thyristors (SCR), Transient Voltage suppressors (TVS)
AC switches Integrated EMI filtering and protection ICs
• Silicon carbide (SiC) & high- and low-voltage silicon • ESD protection
diodes • EOS & lightning surge protection
• Ultra-fast & bridge rectifiers • Current limiters
• Power Schottky diodes & field-effect rectifiers • IPAD* Integrated EMI and ESD protection devices
• Thyristors (SCR) & Triacs • Integrated passive devices
• ACS* AC switches

Key power technologies & packages for:

Car electrification, power management, motor control
• Gallium Nitride (GaN) on silicon power and RF transistors
• LDMOS & DMOS RF power transistors
• Silicon-Carbide MOSFETs
• High- and low-voltage silicon power MOSFETs (STripFET*, Planar & MDMESH*)
• IGBTs. Power bipolar transistors
• ACEPACK* power modules. SLLIMM* intelligent power modules

* registered and/or unregistered trademarks of STMicroelectronics International NV

or its affiliates in the EU and/or elsewhere 22
Analog, industrial & power conversion ICs

Power management Analog products & Specific ICs

• AC/DC & DC/DC converters • Voltage reference • Operational amplifiers • Audio ICs
• Analog & digital controllers • eFuses • Comparators • Switches
• Linear voltage regulators • Wireless power ICs • Current sensing amplifiers • Rad-hard products
• LED drivers & lighting ICs • PoE ICs • Filtering & signal conditioning • Medical ICs
• Intelligent Power Switches • Photovoltaic ICs • Interfaces & transceivers • Smart Metering ICs
• Battery management ICs • Rad-hard products • Reset and supervisors

Motor control Connectivity solutions

• Brushed DC motor drivers • Bluetooth® Low Energy ICs

• Brushless DC motor drivers • Sub-1 GHz transceivers. Sigfox-compatible devices
• Stepper motor drivers • LoRaWAN® technology
• MOSFET & IGBT gate drivers • Short-range RF transceivers
• Galvanic isolation ICs • Powerline communication ICs
• GaN drives • IO-Link

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 MEMS & optical sensing solutions

Motion sensors Environmental sensors

• Accelerometers • Pressure sensors

• e-compasses • Temperature sensors
• Gyroscopes • Humidity sensors
• iNEMO* inertial modules • MEMS microphones
• T-Plus: Motion MEMS with embedded temperature
sensor

Micro actuators Optical sensing solutions

• Actuators for printheads • FlightSense* ToF proximity & ranging modules

• Micro mirrors & drivers • 3D FlightSense* ToF sensors
• Piezoelectric actuators • Global shutter CMOS image sensors
• Electrostatic actuators • Ambient light sensors
• Electromagnetic actuators • Custom optical solutions
• Thermal actuators

* registered and/or unregistered trademarks of STMicroelectronics International NV

or its affiliates in the EU and/or elsewhere 24
General-purpose MCU & MPU, secure solutions & NFC

General-purpose 32-bit MCUs & MPUs General-purpose 8-bit MCUs

• STM32* 32-bit general-purpose microcontrollers • 8-bit general-purpose microcontrollers (MCUs)

(MCUs) and microprocessors (MPUs) • Dedicated series for mainstream, ultra-low-power and
• 1000+ compatible devices automotive
• Arm® Cortex® cores • Rich ecosystem
• Maximum integration
• Extensive ecosystem

Secure solutions NFC & Memory

• Secure MCUs • NFC / RFID Tags

• eSIM, eSE, NFC for mobile • Dynamic NFC tags
• eSIM, eSE and TPM for industrial, IoT and • NFC / RFID Readers
automotive • UHF Readers
• Secure payment solutions • High-performance & high-endurance EEPROM
• Authentication and Brand protection solutions

* registered and/or unregistered trademarks of STMicroelectronics International NV

or its affiliates in the EU and/or elsewhere 25
ASICs based on ST proprietary technologies

ST offers strategic independence and product differentiation to ASIC customers through

three key enablers:
• Advanced manufacturing technology platforms
• Worldwide design resources and advanced IP
• ST’s Independent Device Manufacturer supply chain

Digital ASICs Analog & RF ASICs

System-on-Chip designs in CMOS and FD-SOI Unique expertise in GHz wireless RF and analog design
technologies with eNVM option, as well as FinFET using advanced technologies, such as RFSOI, BiCMOS,
(through foundry) and millimeter wave

MEMS and imaging ASICs Power ASICs

Proprietary micromachining process, deep expertise in A broad portfolio of differentiated technologies including
MEMS integration BCD, VIPower*, SiC, GaN, and power MOSFET
Custom imaging solutions and premium foundry
services

* registered and/or unregistered trademarks of STMicroelectronics International NV

or its affiliates in the EU and/or elsewhere 26
Manufacturing and R&D
We offer quality, flexibility, and supply security

Sweden
Norrköping

China Philippines
France Shenzhen Calamba
Crolles
Rousset
Tours
Rennes

Italy
Agrate
Catania
Marcianise
Morocco Malta
Bouskoura Kirkop

Front-End (Wafer fabrication)

Malaysia Singapore
Back-End (Assembly & Test) Muar
28
 We are drivers of your innovation
Advanced R&D centers around the world for close collaboration with
operations, customers, and partners

9,000+ people working in

R&D and product design ~19,500 active and
pending patents
~600 new filings in 2022

~12% of revenues
invested in R&D in 2022
Open innovation with
startups in 15 Proof of
Concept centers
~200 active R&D
50 startups engaged in our
partnerships
programs

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Customers & sales
 We are partners with our customers worldwide

Over 80 sales offices in 35 countries

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 We serve more than 200,000 customers
Top 10 Customers* 2022
Apple Mobileye
Bosch Samsung
Top Continental SpaceX
10 HP Tesla
Huawei Vitesco

Globally Unified worldwide account management

tailored to each account to provide global
Managed
coverage and service
Accounts

Standard process, reporting & follow-up in

Distribution &
Sales & Marketing worldwide
Mass Market
Differentiated approach by type of customer

*In alphabetical order 32

 Q4 2022 Revenues
% by product group % by shipment location % by region of origin
Americas
Americas Asia
15% Pacific
Others 27%
0.1% EMEA
Microcontrollers & 61% 43%
Automotive & 24%
Digital ICs Group
Discrete Group
(MDG) 30%
(ADG) Asia
Pacific
31% EMEA
39%
% by customer type

30%
32%
Distribution Top 10 OEMs
46%
Analog, MEMS &
Sensors Group
22%
(AMS) 33
Other OEMs
 FY 2022 Revenues
% by product group % by shipment location % by region of origin
Americas
Americas Asia
14% Pacific
Others
30%
0.1% EMEA 41%
Microcontrollers & Automotive & 23% 63%
Digital ICs Group Discrete Group
(MDG) (ADG) 29%
Asia
Pacific
32% 37% EMEA

% by customer type

31%
33% Top 10 OEMs
Distribution 43%

Analog, MEMS &

Sensors Group
(AMS) 24%
34
Other OEMs
Our commitment to quality
 Quality is embedded in our culture
Our quality culture is driven by a commitment to continuously
improve, a prevention mindset & our STRIVE for Excellence values

36
 Quality is a key business enabler for ST
Our quality vision Our quality mission

Ensure ST products meet the highest quality and

Elevate ST quality to the highest levels, positioning
reliability requirements of customers in the markets
it as a valuable asset for our customers
we address

Our quality strategy

• Deploy a mindset and culture of quality

• Focus on quality performance at our customers
• Innovate for advanced quality and reliability
• Drive structured result-driven improvement programs

37
 The ST Quality Review

ualit eview
An annual status of the ST Quality
organization, infrastructure and initiatives that
demonstrate our commitment to continually
strive for excellence.

Read ST’s 2021-22 Quality review

O

38
Our people
Our technology starts with our people

Americas ~800 Others ~1,100

Mediterranean ~5,600

Asia ~20,000

Italy ~12,000

France ~12,000

Manufacturing ~ 65.5%

Research & Development ~ 17.5%

Marketing & Sales, Divisional Functions,
Administration & General services ~ 17% As of December 31, 2022 40
Sustainability
 A long-standing public commitment to sustainability
Supervisory
Board
Commitment sustainability
to be committee
Carbon Neutral by 2027

20th
Sustainability
Report

5th Environment,
Health & Safety
ST Code of Decalogue
Environmental Conduct Principles
policy of Sustainable
Excellence
ST OHSAS
25th
creation 18001 Health Plan
1st Environmental Sustainability
certification
report ISO 14001, Report
Business
EMAS Sustainability
conduct
& ethics 1st Charter
policy Environmental
Decalogue
ISO 22301
Conflict ISO 50001 Business 2025 CO2
Minerals energy Continuity goal achieved
program management 1st certification
Signatory of Reforestation Supply Chain
UNGC 10 program Responsibility Ethics
committee 42
principles
 Our approach to sustainability
Sustainable Sustainable Sustainable
Technology Way Company

We create technology for We prioritize people We protect the planet We generate long-term
a sustainable world • Ensuring people health, safety, • Committing to carbon neutrality value for all stakeholders
• Designing responsible products & well-being • Leading environmental • Embedding risk management
and technologies • Role model in labor & human management system • Monitoring and developing the
• Managing the lifecycle of our rights • Reducing water usage & extended supply chain
products in sustainable way • Fostering diversity & inclusion addressing local scarcity risks • Promoting STEM in all our eco-
• Responsible minerals sourcing • Offering great employee • Reducing waste & promoting a systems
• Eco-design devices - power- experience circular economy • Monitoring & transparently
efficient & low-carbon reporting our progress

43
 Our business model
Management of our impact
Suppliers Environment
We require our suppliers to implement the We deploy programs to reduce our direct and indirect greenhouse gas emissions from all our operations, including
Responsible Business Alliance (RBA) Perfluorinated Compounds (PFCs), which have a very long atmospheric lifetime and high global warming potential.
standards and encourage ISO and OHSAS We minimize the environmental, health and safety risks related to the chemicals and materials used in the
certifications to address ethics, social, manufacturing process, by basing the selection, handling, and substitution on the precautionary principles.
environmental, health, and safety risks.
We are continually reducing our water footprint through reuse and recycling and all our wastewater is treated before
We participate in the Responsible Minerals being discharged into the environment.
Initiative.
We reduce, reuse, recycle or recover as much of our waste as possible, rather than sending it to incineration or landfill.

People Products
We ensure the health and safety of our employees through advanced Through our Sustainable Technology program we design products systematically
management systems and certification. taking into consideration the environmental impact of the device during its whole life
We implement our Code of Conduct and the RBA standards in all our sites cycle, including raw materials, transportation, manufacturing, usage and end of life.
to mitigate our ethics and labor and human rights risks and carry out
regular assessments and audits in all our production sites.

44
 Sustainable technology
Our Sustainable Technology program aims to develop responsible products which:
• improve our social and environmental footprint at every stage of the product life
• have the greatest positive impact on the planet and people in the end-application

Social & Environmental programs

(RBA code of conduct, Water, Waste, Manufacturing End of life
Energy & Climate Change, Chemicals)
Product compliance
(Material Declaration & ECOPACK*)

Product
development
Raw
materials

Eco-design devices Responsible applications

(power-efficient & Usage (planet-friendly & human-welfare)
low-carbon)
Product compliance
(Conflict-mineral free,
* registered and/or unregistered trademarks of STMicroelectronics International NV
RoHS) 45
or its affiliates in the EU and/or elsewhere
 We will be carbon neutral by our 40th anniversary

Milestones
• Compliance with the 1.5°C scenario
by 2025 – recognized by SBTi
• Carbon neutral by 2027
• Sourcing 100% renewable energy by 2027

• Collaborative programs and partnerships for carbon

neutrality throughout our ecosystems Renewable
Net CO2
Energy
100% emissions

CO2 offset

0%

2018 2027
46
 Sustainability reporting
25th edition

• Economic, environmental and social performance

• Our long-term sustainability ambitions and goals
• Program progress
• Focus on site initiatives
• Stakeholder inclusiveness
• Aligned with international reporting standards and disclosures:
Global Reporting Initiative (GRI)
Sustainability Accounting Standards Board (SASB)
Task Force on Climate-related Financial Disclosures (TCFD)
EU taxonomy
• Content and data verified by a 3rd party

Read ST’s 2022 sustainability report: sustainabilityreports.st.com

47
 Find out more at www.st.com

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