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STMicroelectronics : ST Shareholders Adopt All Resolutions at the 2014 Annual General Meeting

STMicroelectronics : ST Shareholders Adopt All Resolutions at the 2014 Annual General Meeting  AMSTERDAM, The Netherlands, June 13, 2014 (GLOBE NEWSWIRE) -- STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today that all the proposed resolutions were adopted at the Company's Annual General Meeting of Shareholders (AGM), which was held in Amsterdam, the Netherlands, on June 13, 2014.  The main resolutions, proposed by the Supervisory Board, were:    *The reappointment of Mr. Carlo Bozotti as the sole member of the Managing     Board and the Company's President and Chief Executive Officer for a     three-year term, expiring at the 2017 Annual General Meeting;    *The reappointment for a three-year term, expiring at the 2017 Annual     General Meeting, of the following members of the Supervisory Board:     Messrs. Didier Lombard, Jean d'Arthuys, Jean-Georges Malcor and Alessandro     Rivera;    *The appointment, as new members of the Supervisory Board, for a three-year     term expiring at the 2017 Annual General Meeting, of Ms. Heleen Kersten     and Mr. Maurizio Tamagnini in replacement of Mr. Tom de Waard and Mr.     Bruno Steve, whose terms expired;    *The adoption of the Company's 2013 Statutory Annual Accounts prepared in     accordance with International Financial Reporting Standards;    *The distribution of a cash dividend per common share of US$0.10 in the     second quarter of 2014 and of US$0.10 in the third quarter of 2014, to be     paid in June and September of 2014, respectively, to shareholders of     record in the month of each quarterly payment. The first payment date will     be on June 26^th, 2014 for Euronext Paris and Borsa Italiana and on July     1^st, 2014 for the New York Stock Exchange (for additional details on the     dividend payment and ex-dividend dates, please refer to the table below);    *The appointment of PricewaterhouseCoopers Accountants N.V. as the     Company's external auditor for the 2014 and 2015 financial years.  The complete agenda and all relevant detailed information concerning the 2014 STMicroelectronics N.V. Annual General Meeting, 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 Annual General Meeting page of the Company's website (www.st.com) at the end of June 2014.  Additionally, STMicroelectronics' 2013 accounts, reported in accordance with U.S. GAAP, were filed with the U.S. Securities and Exchange Commission on Form 20-F on March 5, 2014.  The table below summarizes the full schedule for the quarterly dividends:           Ex-dividend Global    Payment   NYSE      Transfer between New York Quarter  Date        Record    Date in   Payment   and Dutch registered shares          (globally)  Date      Europe    Date: on  restricted:                                          or after                                                                                                                   From End of      Until Open                                               Business in      of                                                    Europe on:       Business                                                                     in NY on: Q2 2014  23-Jun-14   25-Jun-14 26-Jun-14 01-Jul-14 23-Jun-14        26-Jun-14 Q3 2014  22-Sep-14   24-Sep-14 25-Sep-14 30-Sep-14 22-Sep-14        25-Sep-14 Q4       15-Dec-14   17-Dec-14 18-Dec-14 23-Dec-14 15-Dec-14        18-Dec-14 2014^(*) Q1       23-Mar-15   25-Mar-15 26-Mar-15 31-Mar-15 23-Mar-15        26-Mar-15 2015^(*)  (*) The fourth quarter 2014 and first quarter 2015 dividends will be decided during the fourth quarter of 2014.  About STMicroelectronics  ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented.  In 2013, the Company's net revenues were $8.08 billion. Further information on ST can be found at www.st.com.  For further information, please contact: STMicroelectronics  INVESTOR RELATIONS:             MEDIA RELATIONS: Tait Sorensen                   Nelly Dimey Group VP, Investor Relations Director, Corporate Media and Public Relations Tel: +1 602 485 2064            Tel: + 331 5807 77 85 tait.sorensen@st.com            nelly.dimey@st.com  AGM PRESS RELEASE http://hugin.info/152740/R/1792971/617178.pdf  HUG#1792971  STMicroelectronics logo  
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