ADM Elects Directors at Annual Meeting, Declares Cash Dividend

  ADM Elects Directors at Annual Meeting, Declares Cash Dividend

Business Wire

DECATUR, Ill. -- May 1, 2014

Archer Daniels Midland Company (NYSE: ADM) today announced at its 91st Annual
Stockholders’ Meeting the election of its board of directors, including new
director Francisco Sanchez.

Sanchez is senior managing director at Pt Capital, a private equity firm
focused on responsible investments in the Arctic. He is also the founder and
chairman of the board of CNS Global Consulting, a firm focused on
international trade and investment. Sanchez served as the undersecretary for
international trade at the U.S. Department of Commerce from 2010 to 2013.

“Francisco brings substantial experience in public policy, international trade
and international investment to our Board,” said ADM Chairman and CEO Patricia
Woertz. “His expertise will help ADM continue to grow our business outside the
U.S.”

The Board’s 11 incumbent directors were also re-elected. The directors
re-elected are: Alan L. Boeckmann, Mollie Hale Carter, Terrell K. Crews,
Pierre Dufour, Donald E. Felsinger, Antonio Maciel Neto, Patrick J. Moore,
Thomas F. O’Neill, Daniel Shih, Kelvin R. Westbrook and Patricia A. Woertz.

Cash Dividend Declared

In addition, ADM’s Board of Directors declared a cash dividend of 24.0 cents
per share on the company’s common stock payable June 5, 2014, to Stockholders
of record May 15, 2014.

This is ADM’s 330^th consecutive quarterly payment, a record of 82 years of
uninterrupted dividends. As of March 31, 2014, there were 654,892,520 shares
of ADM common stock outstanding.

New Human Rights Statement Announced

At the meeting, Woertz also announced ADM’s adoption of a global statement on
Respect for Human Rights —developed in consultation with the New Jersey-based
Tri-State Coalition for Responsible Investment. The statement outlines ADM’s
commitment to fair labor standards, land-tenure rights, ethical recruitment
and other fundamental protections and applies to the company and its
suppliers. The statement is viewable at
http://www.adm.com/en-US/company/Documents/HumanRights.pdf.

About ADM

For more than a century, the people of Archer Daniels Midland Company (NYSE:
ADM) have transformed crops into products that serve vital needs. Today,
31,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa
into products for food, animal feed, industrial and energy uses. With more
than 270 processing plants, 470 crop procurement facilities, and the world’s
premier crop transportation network, ADM helps connect the harvest to the home
in more than 140 countries. For more information about ADM and its products,
visit www.adm.com.

Contact:

Archer Daniels Midland Company
Media Relations
Jackie Anderson, 217-424-5413
media@adm.com
 
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