STMicroelectronics Announces Timing for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Geneva – January 5, 2024 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today that it will release its fourth quarter and full year 2023 earnings before the opening of trading on the European Stock Exchanges on Thursday, January 25, 2024. The press release will be available immediately after the release on ...

Company Participants Conference Call Participants Operator At this time, it's my pleasure to hand over to, Celine Berthier, Head of Investor Relations. Please go ahead, madam. Thank you, Andre. Good morning and thank you, everyone, for joining our third quarter 2023 financial results conference call. Hosting the call today is Jean-Marc Chery, ST's President and Chief Executive Officer. Joining Jean-Marc on the call today are Lorenzo Grandi, our Chief Financial Officer; and Marco Cassis, President of Analog, ...

| --- | --- | |----------------------------------------------|-------| | | | | | | | STMicroelectronics Q2 2023 Financial Results | | | July 27, 2023 | | • changes in global trade policies, including the adoption and expansion of tariffs and trade barriers, that could affect the macro-economic environment and adversely impact the demand for our products; • uncertain macro-economic and industry trends (such as inflation and fluctuations in supply chains), which may impact production capacity and end-market d ...

Jean-Marc Chery STMicroelectronics N.V. (NYSE:STM) Q2 2023 Earnings Call July 27, 2023 3:30 AM ET Company Participants Celine Berthier - Group Vice President, Head of Investor Relations Jean-Marc Chery - President and Chief Executive Officer Lorenzo Grandi - President of Finance, Purchasing, ERM and Resilience and Chief Financial Officer Conference Call Participants Jérôme Ramel - Exane Francois Bouvignies – UBS Johannes Schalle - Deutsche Bank Aleksander Peterc - Société Générale Andrew Gardiner - Citi Jos ...

UNITED STATES SECURITIESAND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April, 2023 Commission File Number: 1-13546 STMicroelectronics N.V. (Name of Registrant) WTC Schiphol Airport Schiphol Boulevard 265 1118 BH Schiphol Airport The Netherlands (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover ...

STMicroelectronics NV (NYSE:STM) Q1 2023 Earnings Conference Call April 26, 2023 3:30 AM ET Company Participants Celine Berthier - Group VP, IR Jean-Marc Chery - President & CEO Lorenzo Grandi - President, Finance, Purchasing, ERM & Resilience and CFO Conference Call Participants Didier Scemama - Bank of America Matthew Ramsay - TD Cowen Stephane Houri - ODDO BHF Andrew Gardiner - Citigroup Sebastien Sztabowicz - Kepler Cheuvreux Lee Simpson - Morgan Stanley Operator Ladies and gentlemen, welcome to the STM ...

Customer Dependence and Market Dynamics - The largest customer, Apple, accounted for 16.8% of total revenues in 2022[81] - The company faces significant variability in operating results due to factors such as customer demand changes and competition[59] - The company’s ability to attract and retain customers is critical, with potential adverse effects from market declines[80] - Changes in customer product strategies and specifications could impact the company’s financial position and results[82] Manufacturing and Operational Challenges - Manufacturing capacity limitations due to increased demand and COVID-19 disruptions are expected to continue through 2023[60] - The complexity and cost of manufacturing processes may lead to increased costs and delivery delays[61] - The reliance on external silicon foundries may lead to challenges in meeting customer demand and operational commitments[60] Cybersecurity and Risk Management - The company is exposed to risks from cybersecurity threats, which could result in financial loss and damage to reputation[69] - The company has increased resources for cybersecurity measures, but absolute security cannot be guaranteed[74] Strategic Repositioning and Financial Implications - Strategic repositioning initiatives may lead to acquisitions of complementary businesses or divestitures of non-core activities[83] - Acquisitions and divestitures pose risks that could adversely affect the company's operating results and financial condition, including potential impairment charges[86] - The company is actively monitoring its product portfolio and may require additional steps in its strategic repositioning process[85] Environmental and Regulatory Considerations - The company aims to become carbon neutral by 2027, targeting a 50% reduction in greenhouse gas emissions by 2025 compared to 2018 levels[107] - The company faces potential liabilities from environmental regulations, which could increase operational costs[106] - The company is exposed to risks from climate change, which may affect its supply chain and operational stability[109] Taxation and Financial Reporting - The company is subject to complex tax regimes, and changes in tax rules could materially affect its financial results[94] - The company’s effective tax rate may increase due to changes in local jurisdictions or the expiration of tax benefits[97] - The company is required to report financial statements under both IFRS and U.S. GAAP, which may create complexity and confusion in financial communications[120][121] Shareholder Structure and Governance - STMicroelectronics Holding N.V. owns approximately 27.5% of the company's issued common shares, which may lead to potential conflicts of interest with other investors[114] - The company’s shareholder structure may limit its ability to issue new shares or buy back shares due to the controlling interests of ST Holding[116] - The STH Shareholders Agreement requires unanimous approval for voting shares, potentially leading to conflicts between the interests of ST Holding's shareholders and other investors[115] - The company has anti-takeover provisions that may impede shareholders' ability to benefit from a change in control, potentially affecting the market price of ordinary shares[117][118] - The company is subject to Dutch corporate law, which may make it more difficult for U.S. investors to protect their interests compared to U.S. companies[123] Human Resources and Market Conditions - The company faces challenges in employee recruitment and retention due to a competitive environment exacerbated by the COVID-19 pandemic[112][113] Financial Performance and Market Impact - Any reduction or discontinuation of cash dividends could adversely impact the market price of the company's common shares[119] - The company is obligated to have an audit of its sustainability information, which could impact its reputation and financial performance if metrics are lower than industry peers[110] - The company’s executive offices and substantial assets are located outside the U.S., complicating legal actions for shareholders[124]

STMicroelectronics NV (NYSE:STM) Q4 2022 Earnings Conference Call January 26, 2023 3:30 AM ET Company Participants Celine Berthier - Group VP, IR Jean-Marc Chery - President & CEO Lorenzo Grandi - President, Finance, Purchasing, ERM & Resilience and CFO Conference Call Participants Aleksander Peterc - Societe Generale Didier Scemama - Bank of America Merrill Lynch Francois Bouvignies - UBS Andrew Gardiner - Citigroup Sandeep Deshpande - JPMorgan Chase & Co. Operator Ladies and gentlemen, welcome to the STMi ...

Financial Data and Key Metrics Changes - In Q3 2022, net revenues reached $4.32 billion, with a gross margin of 47.6%, reflecting a year-over-year growth of 35.2% and a sequential increase of 12.6% [7][10] - Operating margin improved to 29.4% from 18.9% year-over-year, and net income more than doubled to $1.1 billion from $474 million [11] - For the nine-month period, net revenues increased by 27.2% to $11.7 billion, with a gross margin of 47.3% and net income of $2.71 billion [7][9] Business Line Data and Key Metrics Changes - ADG revenues increased by 55.5%, driven by growth in automotive and Power Discrete [12] - EMS revenues grew by 9.7%, with contributions from analog, MEMS, and imaging [12] - MDG revenues rose by 47.7%, supported by microcontrollers and RF communications [12] - All product groups showed year-over-year operating margin expansion, with ADG at 25.9%, EMS at 27.2%, and MDG at 36.7% [12] Market Data and Key Metrics Changes - Demand for ST products remained strong, particularly in automotive and industrial markets, while consumer electronics showed signs of softening [15][21] - Backlog visibility for automotive products remains above 18 months, indicating strong demand driven by electrification and digitalization [16] - The industrial market is experiencing strong demand, particularly in business-to-business segments, while consumer industrial demand is stabilizing [21][22] Company Strategy and Development Direction - The company is focused on expanding its manufacturing capabilities, particularly in 300-millimeter wafer fabrication, to support growth in semiconductor demand [30][31] - A new silicon carbide substrate manufacturing facility is being established in Catania, Italy, to meet increasing demand for silicon carbide devices [31] - The company aims to achieve a revenue target of over $20 billion, emphasizing smart mobility, power energy management, and IoT connectivity [32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory for 2023, particularly in automotive and industrial sectors, despite some softening in consumer markets [51][54] - The company anticipates continued strong demand for electric vehicles, which are expected to drive semiconductor content growth [51] - Management highlighted the importance of maintaining stable pricing in the face of market dynamics and inflationary pressures [36][61] Other Important Information - The company reported a net cash from operating activities of $1.65 billion in Q3, up from $895 million in the previous year [13] - Free cash flow increased to $676 million from $420 million year-over-year [13] - The company executed an $86 million share buyback and paid $55 million in dividends during the quarter [14] Q&A Session Summary Question: Dynamics for Q4 revenues and volumes versus pricing - Management indicated that automotive will contribute to growth, while analog and MEMS may be impacted by market softening [35] - Pricing is expected to remain stable with no significant changes anticipated [36] Question: Visibility on silicon carbide supply and internal ramp-up - Management confirmed that issues faced by suppliers have not limited growth in the silicon carbide business, with a target of $700 million in revenue [43] Question: 2023 outlook and preparation - Management expressed confidence in strong demand for automotive and industrial sectors, despite softening in consumer markets [51][54] Question: Pricing dynamics in MDG and potential risks - Management noted stable pricing in microcontrollers, with some pressure on low-end products, but overall profitability is expected to remain strong [60][62] Question: Distribution channel dynamics and inventory levels - Distribution channels are reflecting overall market dynamics, with strong backlog coverage and growing POS in industrial segments [67][68]

| --- | --- | |----------------------------------------------|-------| | | | | | | | STMicroelectronics Q3 2022 Financial Results | | | October 27, 2022 | | | | | Forward looking information Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities Exchange Act of 1934, each as amended) that are based on management's ...