Regulatory press release

ABB share buybacks:  February 16, 2023 - February 22, 2023

Zurich, Switzerland, February 23, 2023

During the period February 16, 2023, to February 22, 2023, ABB repurchased a total of 673,000 shares as part of its share buyback program announced on March 31, 2022.

The buyback program is being carried out in accordance with the Swiss Ordinance on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (FMIO), the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation").

Date Aggregated Daily weighted Daily buyback amount
daily average share price (CHF)
volume (CHF)
(number of
shares)
Feb 172,000 31.633400 5,440,944.80
16,
2023
Feb 110,000 31.431100 3,457,421.00
17,
2023
Feb 174,000 31.529900 5,486,202.60
20,
2023
Feb 111,000 31.301900 3,474,510.90
21,
2023
Feb 106,000 31.149100 3,301,804.60
22,
2023

All share purchases above have been carried out on a separate trading line on the SIX Swiss Exchange by a bank, on behalf of ABB. A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement. The bank makes its trading decisions concerning the timing of share repurchases independently of ABB, within some defined parameters.

The total number of ABB Ltd shares which have been bought back within the current share buyback program from April 1, 2022, to and including February 22, 2023, is 65,288,000 shares.

Additional information is available on ABB's investor relations website site at https://global.abb/group/en/investors/investor-and-shareholder-resources/share-buybacks/2022

ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company's solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on more than 130 years of excellence, ABB's ~105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com