STMicroelectronics responds to accusations and strengthens its industrial strategy

On April 10, 2025, STMicroelectronics clarified certain allegations that appeared in the Italian press. The Supervisory Board declared the accusations regarding personal transactions by two members of the Management Board unfounded, affirming that these actions were in compliance with Swiss law and internal policy.

In addition, the Company is preparing to respond to an ongoing class action, believing it is well equipped to defend itself effectively. Furthermore, the Board unanimously approved the industrial expansion project aimed at increasing the production of silicon wafers and silicon carbide.

Finally, renewed support is expressed for Jean-Marc Chéry and his team to lead the strategic transformation during these challenging times for the sector. This strategic plan aims to significantly improve the company's competitiveness.