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STMicroelectronics Announces Publication of IFRS 2022 Annual Report And Dividend Proposal

STMicroelectronics Announces Publication of IFRS 2022 Annual Report
And Dividend Proposal

Amsterdam (The Netherlands), March 23, 2023 STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, published today its IFRS 2022 Annual Report for the twelve-month period ended December 31, 2022 on its website, and filed it with the Netherlands Authority for the Financial Markets (AFM). The Annual Report, prepared in accordance with International Financial Reporting Standards (IFRS-EU) and a complete audited financial statement, is now available on www.st.com, and will be available on www.afm.nl. A hard copy version of the Annual Report will be available free of charge from ST’s Investor Relations Department: +41 22 929 5920 or investors.st.com.  

The Supervisory Board has decided to propose at the Company’s 2023 Annual General Meeting of Shareholders 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 2023 and first quarter of 2024 to shareholders of record in the month of each quarterly payment as per the table below.

            Transfer between New York (NY) 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 NY on: Until Open of Business in NY on:
Q2 2023 26-Jun-23 27-Jun-23 28-Jun-23 5-Jul-23   23-Jun-23 28-Jun-23
Q3 2023 18-Sep-23 19-Sep-23 20-Sep-23 26-Sep-23   15-Sep-23 20-Sep-23
Q4 2023 11-Dec-23 12-Dec-23 13-Dec-23 19-Dec-23   8-Dec-23 13-Dec-23
Q1 2024 18-Mar-24 19-Mar-24 20-Mar-24 26-Mar-24   15-Mar-24 20-Mar-24

The Company will publish information regarding its 2023 Annual General Meeting of Shareholders in due course.

About STMicroelectronics
At ST, we are more than 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and connectivity. ST is committed to becoming carbon neutral by 2027. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel: +41 22 929 58 12
[email protected]

MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: + 33 6 59 16 79 08
[email protected]

Attachment

  • C3167C — March 23 2023 — ST 2022 IFRS Annual Report and Dividend Proposal_FINAL FOR PUBLICATION

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. TheTechOutlook.com takes no editorial responsibility for the same.

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