Scope and reporting period

This annual sustainability report outlines the sustainability strategy, programs, and performance of STMicroelectronics (ST) during the calendar year 2023. It is aimed at stakeholders who want to learn more about our commitment and approach to sustainability. Unless otherwise stated, the information and data cover all our activities and sites. 2-12-22-3

There are no significant changes to the organization and its supply chain.

There is no restatement of information given in previous reports. 2-4

Report structure and content

This report is aligned with Global Reporting Initiative (GRI) Standards for stakeholder inclusiveness, sustainability context, materiality, and completeness. It focuses on the material topics of our sustainability strategy (see Sustainability strategy), which are aligned with our business priorities.

We identify these topics through a materiality exercise that considers the sustainability context and involves a review of stakeholders’ concerns (see Stakeholder engagement). For each material topic, we define ambitions and goals, and implement programs. In response to our stakeholders’ expectations and for a better understanding of our performance, we disclose data and information from previous years. We also include examples of actions we have carried out at our sites and quotes from stakeholders, enabling them to express their own views on our sustainability performance. 2-293-13-2

The report has been prepared in accordance with GRI Standards. We use labels to disclose GRI Standards throughout the report and we list all references to GRI Standards and the corresponding page numbers in the GRI content index.

We also disclose how and to what extent our economic activities are associated with environmentally sustainable economic activities, as defined in the recent EU taxonomy regulation (see EU taxonomy).

In addition, our disclosures are aligned with the Sustainability Accounting Standards Board (SASB) semiconductor standard and the Task Force on Climate-related Financial Disclosures (TCFD) framework.

Use of symbols

We use the following symbols in this report to indicate our progress towards our objectives:

Target achieved

In progress

No progress/not achieved

External verification

ST’s Sustainability Group Vice President has appointed DNV Business Assurance France (DNV) to provide us with assurance services. DNV has verified the content and data in this report and confirmed it has been prepared in accordance with the GRI Standards: Core option. DNV interviewed all relevant corporate departments and three of the stakeholders quoted in this report. DNV audited three manufacturing sites – Bouskoura (Morrocco), Calamba (the Philippines), and Crolles (France) – to validate our data reporting process and provide assurance for this year’s report. In addition, DNV conducted a higher verification of four sustainability indicators related to safety, climate change, gender diversity, and employee engagement. Information and data relating to the ST Foundation were not part of DNV’s external verification exercise. See External assurance statement. 2-5

Availability

This sustainability report is available in PDF format at www.st.com/company-reports, along with last year’s report (April 20, 2023) and those from previous years. You can access the online version at sustainabilityreports.st.com. Printed copies are available on request. 2-3

Supporting the UN Global Compact and Sustainable Development Goals

We have been a signatory of the United Nations Global Compact since 2000 and we follow its 10 principles (see International standards). This report describes the actions we took during 2023 to implement these principles. It therefore serves as a reference for answering the Communication on Progress questionnaire.

ST supports the United Nations Sustainable Development Goals (SDGs). Our contribution to 11 of the 17 SDGs is highlighted throughout this report, including indicators to measure our performance against these goals: SDG