<p>➀ STMicroelectronics reported a significant decline in MCU sales in 2024 due to non-cancellable and non-rearrangeable sales contracts used in 2022 and 2023, leading to increased customer inventory and subsequent drop in 2024 sales.</p><p>➁ The company's MCU sales for the first nine months of 2024 were approximately $2.58 billion, down 41.3% from $4.4 billion in the same period of 2023.</p><p>➂ CEO Jean-Marc Chery emphasized that 2025 will be a transitional year for the company to move towards better times in 2026 and 2027, with inventory adjustments expected to last at least until the first half of 2025.</p>