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    STMicroelectronics’ Annual General Meeting 2021

    STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the results related to the voting items of its 2021 Annual General Meeting of Shareholders (the “2021 AGM”), which was held today in Schiphol, the Netherlands.

    The resolutions, approved by the Shareholders, were:

    • The adoption of the Company’s statutory annual accounts for the year ended December 31, 2020, prepared in accordance with International Financial Reporting Standards (IFRS). The 2020 statutory annual accounts were filed with the Netherlands Authority for the Financial Markets (AFM) on March 25, 2021, and are posted on the Company’s website ( and the AFM’s website (;
    • 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 2021 and first quarter of 2022 to shareholders of record in the month of each quarterly payment as per the table below;
    • The reappointment of Mr. Jean-Marc Chery as the sole member of the Managing Board for a three-year term to expire at the end of the 2024 AGM;
    • The reappointment of Mr. Nicolas Dufourcq, as member of the Supervisory Board, for a three-year term to expire at the end of the 2024 AGM;
    • The adoption of an amended remuneration policy for the Managing Board, in line with recent changes in Dutch corporate law and the EU’s Shareholder Rights Directive II (SRDII);
    • The approval of the stock-based portion of the compensation of the President and CEO;
    • The adoption of a new 3-year Unvested Stock Award Plan for Management and Key Employees;
    • The authorization to the Managing Board, until the end of the 2022 AGM, to repurchase shares, subject to the approval of the Supervisory Board;
    • The delegation to the Supervisory Board of the authority to issue new common shares, to grant rights to subscribe for such shares, and to limit and/or exclude existing shareholders’ pre-emptive rights on common shares, until the end of the 2022 AGM;
    • The discharge of the sole member of the Managing Board; and
    • The discharge of the members of the Supervisory Board.

    The complete agenda and all relevant detailed information concerning the 2021 AGM, as well as all related AGM materials, are available on the Company’s website ( and 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 ( within 30 days following the 2021 AGM.

    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 2021 21-Jun-21 22-Jun-21 23-Jun-21 29-Jun-21 21-Jun-21 23-Jun-21
    Q3 2021 20-Sep-21 21-Sep-21 22-Sep-21 28-Sep-21 20-Sep-21 22-Sep-21
    Q4 2021 13-Dec-21 14-Dec-21 15-Dec-21 21-Dec-21 13-Dec-21 15-Dec-21
    Q1 2022 21-Mar-22 22-Mar-22 23-Mar-22 29-Mar-22 21-Mar-22 23-Mar-22
    ELE Times Research Desk
    ELE Times Research Desk
    ELE Times provides extensive global coverage of Electronics, Technology and the Market. In addition to providing in-depth articles, ELE Times attracts the industry’s largest, qualified and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build experience, drive traffic, communicate your contributions to the right audience, generate leads and market your products favourably.

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