STMicroelectronics

Company presentation

July 2024
We are creators and makers of technology

One of the world’s largest semiconductor companies

Over 50,000 employees $17.3 billion revenues

of which 9,500+ in R&D in 2023

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, 2023 2

 Global presence

Research & Development

Main Sales & marketing
Front-end manufacturing
Back-end manufacturing

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

President &
CEO Office
Marco Cassis Remi El-Ouazzane Jerome Roux Fabio Gualandris Lorenzo Grandi Rajita D’Souza Steven Rose
Analog, Power & Discrete, Microcontrollers, Sales & Marketing Quality, Finance, Purchasing, Human Resources Legal Counsel
MEMS and Sensors Digital ICs and RF Manufacturing, ERM & Resilience, & Corporate Social & Public Affairs
Group products Group & Technology CFO Responsibility

Ricardo De-Sa-Earp Michael Anfang Christophe Ayela Franck Freymond Frédérique

Alexandre Balmefrezol Analog & Power Front-End Le Grevès Alberto Della Chiesa
General Purpose EMEA & Automotive Audit***, ERM
Imaging Manufacturing & Europe & France Supply Chain
Microcontrollers Marketing & Apps* & Resilience
Technology Public Affairs
Henry Cao Fabrice Gomez Giuseppe Notarnicola Claudia Levo
Stefano Cantù Giuseppe Notarnicola
China & Power/Energy Back-End Manufacturing Italy Integrated Marketing &
Smart Power Solutions & Technology Treasury Public Affairs Communications
Marketing & Apps*

Hiroshi Noguchi Laurent Malier Bertrand Stoltz Bertrand Stoltz Chouaib Rokbi
Matteo Lo Presti Digital Front-End Finance, Global Asia Pacific Digital Transformation &
Analog APeC & Industrial Manufacturing Business Services &
Public Affairs Information Technology,
Marketing & Apps* & Technology Financial System Corporate Development
Rino Peruzzi Nicolas Yackowlew
Edoardo Merli Geoff West
Americas & PE/CECP Product Quality &
Power Transistors Global Purchasing
Marketing & Apps* Reliability

Alessandro Cremonesi ** APeC = Asia-Pacific excluding China *** Reports to the Chairman of the
System Research & PE/CECP = Personal Electronics/ Communication Supervisory Board Audit Committee
Applications, Innovation Equipment & Computer Peripherals/ and dotted line to the CEO
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* Application marketing organization by market segment
** Reports dotted line to MDRF President
 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
Cloud-connected
Smart Mobility Power & Energy
Autonomous Things

Helping car manufacturers make driving Enabling industries to increase energy Supporting the proliferation of secure,
safer, greener, and more connected for efficiency everywhere and the use of connected, autonomous devices
everyone renewable energy enabled by edge AI

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 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 to grow from ~15% of

vehicles car sales in 2023 to ~40% by 2030

Cleaner, greener Internal ICEs in over 70% of new vehicles

Combustion Engines (ICE) produced 2023-2027

Sources: asirt.org, TechInsights, IEA 11

 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

 Cloud-connected Autonomous Things
Supporting the proliferation of secure, connected, autonomous
devices enabled by edge AI

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

A billion edge AI devices in 2023

Edge AI proliferation
growing > 30% per year through 2028

Sources: ABI, Ericsson, GSMA 13

Our strategy
 We address four end markets

Communications
Automotive Industrial Personal electronics equipment,
computers & peripherals

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

Lead in embedded Lead in selected

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

Leverage broad
Lead in Sensors Leverage broad
Lead in portfolio to address
portfolio to address
car digitalization high-volume
high-volume applications
applications
Accelerate in Analog

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Technologies and products
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

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Our products and solutions enable customer innovation
Dedicated Analog, industrial & GP MCU & MPU, Wireless MCU
automotive ICs power conversion ICs secure MCU, EEPROM

Discrete & MEMS ASICs based on ST

power transistors & optical sensing solutions proprietary technologies

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 Dedicated automotive ICs

Automotive MCU ADAS solutions

• Scalable single- and multicore MCU • Image signal processors

solutions • Radar transceivers
• Targeting cost-sensitive to highly advanced • V2X communication solutions
applications • Automotive CMOS image sensors
• Supporting next-generation architectures • Automotive Inertial sensors
• Comprehensive development ecosystem

Infotainment
Automotive analog & power
& telematics
• Outstanding audio fidelity and positioning • Wide portfolio of analog, power and digital
accuracy in every condition products
• Secure smartphone mirroring • VIPower* HSDs, LSDs & H-bridges and
• Safe vehicle connectivity with wide set LED drivers
of peripherals • Complete system kit solutions

* registered and/or unregistered trademarks of STMicroelectronics International NV

or its affiliates in the EU and/or elsewhere 20
 Discrete & power transistors​
Diodes, rectifiers, thyristors (SCR), Transient Voltage suppressors (TVS)
AC switches EMI filtering & protection ICs
• Silicon carbide (SiC) & high- and low- • ESD protection
voltage silicon diodes • EOS & lightning surge protection
• Ultra-fast & bridge rectifiers • Current limiters
• Power Schottky diodes & field-effect • IPAD* Integrated EMI and ESD protection
rectifiers 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 21
Analog, industrial & power conversion ICs
Analog products
Power management
& specific ICs
• AC/DC & DC/DC • Voltage ref. • Operational amplifiers • Audio
• Analog/digital controllers • eFuses • Comparators • Switches
• Linear voltage regulators • Wireless power • Current sensing amplifiers • Rad-hard
• LED & lighting • PoE ICs • Filtering & conditioning • Medical
• Intelligent Power Switches • Photovoltaic • Interfaces & transceivers • Metering
• Battery management • Rad-hard • Reset and supervisors

Motor control Connectivity solutions

• Brushed DC motor drivers • Short-range RF transceivers

• Brushless DC motor drivers • Powerline communication
• Stepper motor drivers • IO-Link
• MOSFET & IGBT gate drivers
• Galvanic isolation
• GaN drives

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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 • Electrostatic sensors
• T-Plus: Motion MEMS with embedded • MEMS microphones
temperature sensor

Micro actuators Optical sensing solutions

• Actuators for printheads • FlightSense* ToF proximity & multi-zone

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

* registered and/or unregistered trademarks of STMicroelectronics International NV

or its affiliates in the EU and/or elsewhere 23
General-purpose MCU & MPU, secure solutions & NFC
General-purpose
Wireless 32-bit MCU
32-bit MCU & MPU
• STM32* 32-bit general-purpose • Bluetooth® Low Energy ICs
microcontrollers (MCU) and 32/64-bit • Zigbee, Thread, Matter
microprocessors (MPU)
• Sub-1 GHz transceivers. Sigfox-compatible
• Arm® Cortex® cores devices
• High performance, mainstream, ultralow • LoRaWAN® technology
power MCU offer
• STM32 DNA, extended ecosystem for RF
• Extensive ecosystem

Secure solutions NFC & Memory

• Mobile consumer transactions • NFC / RFID Tags

• Authentication and brand protection • Dynamic NFC tags
• Payment systems • NFC / RFID Readers
• Connected services in cars • High-performance & high-endurance
EEPROMs

* registered and/or unregistered trademarks of STMicroelectronics International NV

or its affiliates in the EU and/or elsewhere 24
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 Integrated Device Manufacturer supply chain

Digital ASICs Analog & RF ASICs

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

MEMS and imaging ASICs Power ASICs

Proprietary micromachining process, deep A broad portfolio of differentiated technologies

expertise in MEMS integration including BCD, VIPower*, SiC, GaN, and
Custom imaging solutions and premium power MOSFET
foundry services

* registered and/or unregistered trademarks of STMicroelectronics International NV

or its affiliates in the EU and/or elsewhere 25
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
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 We are drivers of your innovation
Advanced R&D centers around the world for close collaboration with
operations, customers, and partners

~9,500 people working in R&D and product design

~20,000 active and pending patents worldwide

~12% of revenues invested in R&D in 2023

~200 active R&D partnerships

13 fab labs to drive open innovation

~80 startups engaged in our programs in 2023

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Recognized as a top global innovator

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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* 2023
Apple Hyundai Motor
Bosch Mobileye
Top Continental Samsung
10 HP SpaceX
Huawei Tesla

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

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 Q2 2024 Revenues dynamics
% by reportable segments % by end market
Communications equipment &
Digital ICs and RF Others computer peripherals
Products (D&RF) + ~ 2%Y/Y
-7.6%Y/Y + ~ 15% Q/Q
+8.6%Q/Q Analog products,
0.1% 14%
MEMS & Sensors
16% (AM&S) Automotive
-10.0%Y/Y - ~ 15%Y/Y
Personal
36% -4.3% Q/Q electronics - ~ 8% Q/Q
- ~ 6%Y/Y* 20% 46%
25% - ~ 5% Q/Q

23% 20%
Microcontrollers Power & discrete
(MCU) products (P&D)
-46.0%Y/Y -24.4%Y/Y Industrial
-15.7% Q/Q -8.8% Q/Q - more than 50%Y/Y
- ~ 17% Q/Q
Analog, Power & Discrete, MEMS and Sensors (APMS) Product Group
Microcontrollers, Digital ICs and RF products (MDRF) Product Group *Excluding the impact of the change in product mix in an engaged 33
customer program, Personal Electronics was up ~ 14%.
 Q2 2024 Revenues

% by shipment location % by region of origin % by customer type

Americas
Asia Distribution Top 10
16% Americas Pacific
OEMs
30% 27%
Asia
39%
47%
26% Pacific
58%
EMEA
31% 26%
Other
EMEA OEMs

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 FY 2023 Revenues
% by product group % by shipment location % by region of origin
Americas Americas Asia
16% Pacific
Others
37% 30%
0.1%
Microcontrollers & Automotive &
28% 56%
Digital ICs Group Discrete Group
(MDG) (ADG) 33%
EMEA Asia
Pacific
32% 45% EMEA

% by customer type

23%
Distribution 34% 42% Top 10 OEMs

Analog, MEMS &

Sensors Group
(AMS) 24%
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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

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 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

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 The ST Quality Review

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

ST I
Read ST’s 2021-22 Quality review
O

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Our people
Our technology starts with our people

Americas ~800 Others ~1,200

Mediterranean ~6,000

Asia ~19,000

Italy ~12,500

France ~12,000

Manufacturing ~ 64%

Research & Development ~ 18%

Marketing & Sales, Divisional Functions,
Administration & General services ~ 18% As of December 31, 2023 41
Sustainability
 Sustainability has been engraved in
our business model and culture for over 30 years
1987 Creation of ST. Business conduct & ethics policy
1993 First environmental policy
1995 First environmental decalogue
1997 First environmental report, ISO 14001, EMAS
2000 Signatory of the UNGC 10 principles
2001 Creation of ST Foundation
2002 Establishment of a reforestation program
2007 Conflict Minerals program
2011 Sustainable Technology program
2012 ISO 50001 energy management
2014 5th Environment, Health & Safety Decalogue
2016 ISO 22301 Business Continuity 1st certification
2019 2025 CO2 goal achieved
2020 Commitment to be Carbon Neutral by 2027*
2021 New Sustainability Charter published
2024 27th annual Sustainability Report

*on scope 1 & 2 and partially scope 3 43

 Our approach to sustainability
Sustainable technology Sustainable way Sustainable company

We create technology for We generate long-term value for

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

*on scope 1 & 2 and partially scope 3

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 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.

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 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

Manufacturing

Social & Environmental programs End of life

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

Raw materials

Product compliance
(Conflict-mineral free, RoHS)

Usage
Product development
Responsible applications
Eco-design devices (planet-friendly & human-welfare)
(power-efficient & low-
carbon)

* registered and/or unregistered trademarks of STMicroelectronics International NV 46

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 on scope 1 & 2 and partially scope 3
by 2027
• Sourcing 100% renewable energy by 2027
Renewable
Net CO2
Energy
100% emissions
• Collaborative programs and partnerships for carbon
neutrality throughout our ecosystems
CO2 offset
In 2023
• 71% use of renewable electrical energy 0%

• 27 GWh of additional energy savings across ST 2018 2027

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 Sustainability reporting
27th edition
Transparency – Reliability – Comparability

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 2024 sustainability report: sustainabilityreports.st.com

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 ST Foundation
ST Foundation’s mission is to develop, coordinate, and sponsor projects that
employ of modern sciences & latest technology to promote human progress

• The ST Foundation continues to bridge the digital divide between

those who have access to modern technologies and those who do not
• The Digital Unify (DU) program, launched in 2003, has trained over
1,120,000 people in 29 countries since its inception

In 2023, over 120,00 trainee students took part in classes on basic and
advanced computer skills, and ‘Tablets for Kids’

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 Find out more at www.st.com

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ST logo is a trademark or a registered trademark of STMicroelectronics International NV or its affiliates in the EU and/or other countries.
For additional information about ST trademarks, please refer to www.st.com/trademarks.
All other product or service names are the property of their respective owners.