Accelerated Share Repurchase Agreement

From the introduction of the Company`s initial share repurchase program in fiscal 2002 to the end of fiscal 2015, the Company has repurchased approximately $60.1 billion in shares of its common shares. SANTA CLARA, Calif.—–Intel Corporation announced today that it is entering into accelerated share repurchase agreements (ASRs) to repurchase a total of $10 billion of Intel`s common shares. Following the conclusion of these agreements, Intel will have repurchased approximately $17.6 billion of shares in the share repurchases announced in October 2019, for a total of $20 billion. SAN JUAN, Puerto Rico-(BUSINESS WIRE) -Popular” or „Corporation”) (NASDAQ: BPOP) announced today that it has entered into an accelerated share repurchase agreement (the ASR agreement) to repurchase a total of $500 million of the popular shares. On January 9, 2020, Popular had already announced in a press release its intention to repurchase up to $500 million of its common shares as part of the capital actions planned for 2020. The statements contained in this press release regarding future plans and expectations, including RSA agreements, the settlement of such agreements, Intel`s share repurchases and Intel`s business prospects, are forward-looking statements that involve a number of risks and uncertainties. Words such as „expected,” „expected,” „intention,” „goals,” „plans,” „thinks,” „seeks,” „seeks,” „appreciates,” „may,” „would,” „should,” „could,” „could,” „could,” and variations in these similar words and expressions must identify these forward-looking statements. Statements based on uncertain estimates, forecasts, forecasts, events or assumptions, including statements about future products and technologies and the expected availability and usefulness of these products and technologies, market opportunities, our valuation, our ability to invest and restore capital, and expected trends in our companies or markets that also identify them with forward-looking statements. These statements are based on management`s current expectations and involve numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. The main factors that could lead to actual results being significantly different from the Company`s expectations are, among other things, the ability of a counterparty to enter into an RSA agreement to purchase or borrow shares of Intel shares; Intel`s common share market price for the duration of an RSA agreement; the impact of global and regional economies and market conditions, including illiquidity and other risks of instability in the banking sector and financial services; and the factors presented in Intel`s July 23, 2020 results release, which is considered a sign of Intel`s 8-K form, that the SEC will be presented at the show that day, and Intel`s SEC SUBMISSIONs, including the company`s most recent reports on Forms 10-K and 10-Q.

Copies of Intel`s Forms 10-K, 10-Q and 8-K can be accessed through our Investor Relations website at www.intc.com or on the SEC`s website at www.sec.gov. Intel does not engage and expressly oppose any obligation to update all statements contained in this press release, whether on the basis of new information, new developments or otherwise, unless disclosure may be required by law. But today, the process of accelerating buybacks has a number of important objectives listed below: accelerated share repurchase programs are not just about raising the share price. They also allow companies to quickly consolidate ownership.