STMicroelectronics’ shareholders adopt all resolutions at the 2018 Annual General Meeting of Shareholders

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STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced that all of the proposed resolutions were adopted at the Company’s Annual General Meeting of Shareholders (AGM), which was held today in Amsterdam, the Netherlands.

The main resolutions, approved by the shareholders were:

  • The adoption of the Company’s Statutory Annual Accounts for the year ended December 31, 2017, prepared in accordance with International Financial Reporting Standards (IFRS). The 2017 Statutory Annual Accounts were filed with the Netherlands Authority for the Financial Markets (AFM) on March 27, 2018 and are posted on the Company’s website (www.st.com) and the AFM’s website (www.afm.nl) 

  •  The distribution of a cash dividend of US$0.24 per outstanding share of the Company’s common stock, to be distributed in quarterly installments of US$0.06 in each of the second, third and fourth quarters of 2018 and first quarter of 2019 to shareholders of record in the month of each quarterly payment as per the table below

The appointment of Mr. Jean-Marc Chery, as sole member of the Managing Board, for a three-year term expiring at the 2021 AGM:

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  • The reappointment of Mr. Nicolas Dufourcq, as member of the Supervisory Board, for a three-year term expiring at the 2021 AGM and 
  •  The reappointment of Ms. Martine Verluyten, as member of the Supervisory Board, for a one-year term expiring at the 2019 AGM.

The complete agenda and explanatory notes, including all the proposed – and now adopted – resolutions, and all relevant detailed information concerning the 2018 STMicroelectronics N.V. Annual General Meeting of Shareholders, as well as all related materials, are available on the Company’s website (www.st.com) and have been made available to shareholders in compliance with legal requirements.

The draft minutes of the AGM will be posted on the General Meeting of Shareholders page of the Company’s website (www.st.com) in June 2018.

The table below summarizes the full schedule for the quarterly dividend distribution:

Transfer between New York and Dutch registered shares restricted:
Quarter Ex-dividend Date Global Record Date Payment Date in Europe NYSE Payment Date: on or after From End of Business in Europe on: Until Open of Business in NY on:
Q2 2018 18.Jun.18 19.Jun.18 20.Jun.18 26.Jun.18 18.Jun.18 20.Jun.18
Q3 2018 17.Sep.18 18.Sep.18 19.Sep.18 25.Sep.18 17.Sep.18 19.Sep.18
Q4 2018 17.Dec.18 18.Dec.18 19.Dec.18 27.Dec.18 17.Dec.18 19.Dec.18
Q1 2019 18.Mar.19 19.Mar.19 20.Mar.19 26.Mar.19 18.Mar.19 20.Mar.19
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