Nicolas Dufourcq, Chairman of the Supervisory Board of STMicroelectronics N.V. (NYSE: STM), and Maurizio Tamagnini, Vice-Chairman, have requested Jean-Marc Chery, ST’s President and CEO, to be out there for a reappointment in his present position. Mr. Chery has accepted the proposal.

Subsequently, the Supervisory Board has determined to suggest for shareholder approval on the Firm’s 2024 Annual Normal Assembly of Shareholders, the reappointment for a three-year mandate of Jean-Marc Chery as the only member of the Managing Board and the Firm’s President and Chief Government Officer.

The choice acknowledges the significance of the continuity of ST’s technique, execution and worth proposition below Mr. Chery’s management.