ABB is making a facility available for shareholders of ABB Ltd who are tax-resident in Sweden and holding shares of ABB Ltd registered with Euroclear Sweden that allows them to receive the dividend relating to those shares in Swedish kronor without deduction of Swiss withholding tax.

Such shareholders can apply to take part in the Dividend Access Facility (DAF) starting on March 1 through March 16, 2021. Current shareholders who participated in ABB's DAF in 2020 will be registered automatically for the DAF in 2021.

Assuming that shareholders approve the dividend at ABB's Annual General Meeting on March 25, 2021, the dividend under the DAF is expected to be paid on April 6, 2021.

The dividend will be paid in Swedish kronor through Euroclear Sweden and will correspond to the dividend that ABB Ltd pays in Swiss francs (the CHF/SEK exchange rate for the dividend will be determined on March 26, 2021). The dividend will be taxed according to the relevant Swedish tax rules valid for each person or entity.

ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB's success is driven by about 105,000 talented employees in over 100 countries.

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