Message from the Honorary President

Pasquale Pistorio

“We have a clear understanding that we do business in societies, not markets.

We are strongly convinced that in performing our business duties of creating shareholders’ value we must have a deep responsibility towards all our stakeholders and the societies around us.

We are convinced that increasing shareholders’ value and promoting stakeholders’ value are not in contradiction but rather reinforce each other.”

August 2001

Pasquale Pistorio

Honorary President
STMicroelectronics Foundation

Honorary Chairman
STMicroelectronics

formerly

CEO and President STMicroelectronics
from July 1987 to March 2005