ST reports on main resolutions to be proposed at 2014 AGM of shareholders

GENEVA, SWITZERLAND: STMicroelectronics has announced the main resolutions to be submitted for shareholder adoption at the Company's Annual General Meeting of Shareholders which will be held in Amsterdam, the Netherlands, on June 13,2014.

The main resolutions, proposed by the Supervisory Board, include:

- The re-appointment of 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 re-appointment 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 Maurizio Tamagniniin replacement of Tom de Waard and Bruno Steve, whose terms will expire;

- The adoption of the Company's 2013 Statutory Annual Accounts prepared in accordance with International Financial Reporting Standards. The Statutory Annual Accounts for the year ended December 31, 2013, are posted on the Company's website and were filed with the Netherlands Authority for the Financial Markets (AFM) on April 28, 2014;

- The distribution of a cash dividend of $0.10 in the second quarter of 2014, and of $0.10 in the third quarter of 2014, per common share, to be paid in June and September of 2014, respectively, to shareholders of record in the month of each quarterly payment. The amount of the proposed second and third quarter of 2014 cash dividend is stable with respect to previous quarterly dividend distributions;

- The appointment of PricewaterhouseCoopers Accountants N.V. as the Company's external auditor for the 2014 and 2015 financial years.