GlobalFoundries Inc. Secondary Offering and Share Repurchase

GlobalFoundries Inc. announced the closing of its underwritten secondary offering of 27,344,840 ordinary shares on March 13, 2026. The offering involved 20,000,000 shares sold to the public at $42.00 per share and 7,344,840 shares repurchased by the Company at $40.8450 per share. All shares were offered by Mubadala Technology Investment Company, the Selling Shareholder, and the Company will not receive any proceeds from this portion of the offering. The Company utilized a portion of its $500 million share repurchase authorization, approved in February 2026, to buy back shares from the underwriters. Underwriters have a 30-day option to purchase up to an additional 3,000,000 ordinary shares. The information is incorporated into the Company's Registration Statement on Form F-3.