STMICROELECTRONICS
P72 - CORPORATE SOCIAL RESPONSIBILITY POLICYINDEXPages

1. PURPOSE / SCOPE ........................................................................................................................... 2
2. ORGANIZATIONAL UNITS AFFECTED ............................................................................................ 2
3. POLICY STATEMENT ........................................................................................................................ 2
4. GENERAL PRINCIPLES..................................................................................................................... 2

Corporate Social Responsibility Policy

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11. PURPOSE / SCOPE
1.1 Purpose
This policy describes ST’s commitment to take into account its social impact in the way it operates
as a business. By demonstrating commitment to corporate social responsibility, the Company aims
to align its business values, purpose, and strategy with the needs of stakeholders (employees,customers, investors, subcontractors, suppliers, partners, and affected communities) whileembedding such responsible principles into all business operations.
1.2 ScopeThis policy specifically addresses the key principles of corporate social responsibility in ST: respectof labor and human rights; working conditions and well-being; diversity, equity and inclusion;transparency on our performance; and the integration of stakeholders’ expectations.
2. ORGANIZATIONAL UNITS AFFECTEDThis policy is applicable to all ST entities and all employees and workers, including students;
temporary, dispatched, outsourced and migrant workers; and on-site contractors (hereafter referred
to collectively as workers).
3. POLICY STATEMENT
It is Company policy to ensure that workers are treated with respect and dignity, and that businesspractices are aligned with ST’s Code of Conduct and the highest international and electronic sectorsocial responsibility standards, including the International Bill of Human Rights, United Nations
Global Compact, the Responsible business Alliance (RBA) code of conduct and the International
Labor Organization (ILO) conventions; and are compliant with all applicable national and local laws.
ST believes that sustainability at large, and corporate social responsibility, are key enablers to its
business success.
4. GENERAL PRINCIPLES
4.1 Labor and Human Rightsa) Freely chosen employment
Forced or compulsory labor is prohibited. Working for ST is voluntary, and workers are free toleave ST upon their contractual or statutory notice period.
Workers must not be required to hand over government-issued identification, passports, or workpermits.
Workers must not be required to pay any fees in connection with obtaining employment. ST is
responsible for payment of all fees and expenses associated with joining the Company.
In the context of their duties and working hours, workers must not be unreasonably restrictedin their movement within company facilities, including residences provided by ST.
b) Prevention of underage labor and protection of young workers
Child labor is prohibited. ST does not employ workers under 16 years of age. ST complies withall local minimum age laws and requirements, whichever sets the highest standard.
Young workers between the ages of 16 and 18, must not work in potentially hazardous areas,
or work overtime or nightshift.
Corporate Social Responsibility Policy

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2c) Organization of working time
ST sets working hours and days of rest in compliance with the ILO convention, United Nations
Global Compact, RBA Code of Conduct and all appropriate laws, regulations, and collective
bargaining agreements.
Overtime is on a voluntary basis and must be compliant with local legislation and collective
bargaining agreements, including daily and monthly overtime limits.
d) Fair wages and benefits
ST seeks to offer a competitive compensation and benefits package based on industry survey
results in the regions where it operates. At a minimum, ST complies with all applicable wage
laws and collective bargaining agreements, including minimum wages, overtime hours,holidays, vacation, personal leave, and legally mandated benefits.
e) Fair treatment and anti-harassment
ST ensures the fair treatment of its workers. ST does not tolerate any mistreatment of a workerby another worker, and this includes, micro-aggressions, violence, coercion, verbal,
psychological, sexual, or physical bullying and harassment, public shaming, or any behavior
that disrupts or interferes with another’s work performance or that creates an intimidating,offensive, or hostile environment.
f) Non-discrimination
ST maintains a culture free of discrimination, where individuals are treated with respect anddignity, regardless of their race, color, ethnic or social background, national origin, age, gender,
physical characteristics, disability, political opinion or affiliation, religion, gender identity andexpression, sexual orientation, marital or maternity status, union affiliation, or any other nonjob-related personal characteristic.
g) Freedom of association
ST respects the right of all workers to associate freely, to form and join trade unions of theirown choosing, to bargain collectively, and to engage in peaceful assembly, in accordance withILO Conventions. Workers and their representatives must be able to communicate openly witheach other and with management regarding working conditions without fear of reprisal,intimidation, discrimination, or harassment.
4.2 Diversity, equity, and inclusion
ST believes that diversity, equity, and inclusion enable innovation and stakeholder
engagement as well as personal and company growth.
ST is committed to attracting, recruiting and retaining a diverse workforce reflecting society.
ST ensures equity in development and career opportunities and equal remuneration.
ST fosters an inclusive culture that values everyone, addresses bias and stereotypes, andwhere workers can be their authentic selves.
4.3 Working conditions and well-being
ST is committed to providing a safe and healthy work environment conducive to well-being bymeeting international standards for health and safety management systems on top of local andinternational legal requirements (see P15 Corporate Occupational Health and Safety Policy).
ST strives to offer a best-in-class employee experience and quality of life at work, including
flexible working time and home office when compatible with the job and local labor legislation,and offers development opportunities for all.
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4.4 Privacy of personal and partner information
ST is committed to ensuring that the personal data of employees is handled in accordance withapplicable data privacy laws and principles set out in ST’s Privacy Policy P163 and SOP2213
Processing of Personal Data of Employees.
4.5 Honest and transparent communication
ST is honest and transparent in its communication with stakeholders. It discloses in a clear andaccurate manner the policies, strategy, objectives and programs for which it is responsible,
including its known and likely impacts on society. It also provides objective, timely and factualevidence of its performance, through ST annual reports, to enable its stakeholders to accurately
assess the company.
4.6 Integration of stakeholder expectations into our ways of working and operations
ST proactively engages with its stakeholders, both at corporate and local levels, to share withthem the latest information on Company decisions and results and collect their expectations
and feedback. ST responds to their concerns by implementing programs whose objectives andprogress are detailed in ST annual reports.
4.7 Creation of sustainable economic value
ST strongly believes that social responsibility participates in business value creation throughpeople engagement and motivation, customer satisfaction and operational risk mitigation. ST
fully integrates sustainability into its business strategy and value proposition.
ST takes into account the social impact throughout the value chain, when making strategic
decisions aimed to improve or modify the financial sustainability of the Company. ST
contributes to local economic and social value creation for business partners and thecommunities in which it operates in an ethical and responsible manner.
4.8 Contribution to development of local communitiesST is committed to contributing to develop the territories where it operates in order to sustain
its future activities.
Priority is given to strategic actions covering STEM education and supporting young people,
promoting technology and innovation, responsible environmental management, diversity equity
and inclusion, local economic development, and engaging employees in the ST Foundation.
Additional actions supporting philanthropy and social welfare can be implemented if appropriate
to the local context.
4.9 Reporting of violations and promise of non-retaliation
ST promotes a “speak up” culture, allowing everyone to express, in good faith and without fearof retaliation, any concern they might have of a potential violation of ST’s Code of Conduct,applicable laws, or the Company’s policy or values (see Ethics and Compliance).

Corporate Social Responsibility Policy

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