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2021-11-04

ABB share buybacks: October 28, 2021 - November 3, 2021

Zurich, Switzerland, November 4, 2021

During the period October 28, 2021, to November 3, 2021, ABB repurchased a total of 3,150,000 shares as part of its share buyback program announced on April 8, 2021.

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| Daily weighted|Daily buyback amount (CHF)|
| |volume (number of|average share price| |
| | shares)| (CHF)| |
+------+-----------------+-------------------+--------------------------+
|Oct | 695,000| 30.223100| 21,005,054.50|
|28, | | | |
|2021 | | | |
+------+-----------------+-------------------+--------------------------+
|Oct | 610,000| 30.098800| 18,360,268.00|
|29, | | | |
|2021 | | | |
+------+-----------------+-------------------+--------------------------+
|Nov 1,| 630,000| 30.426900| 19,168,947.00|
|2021 | | | |
+------+-----------------+-------------------+--------------------------+
|Nov 2,| 610,000| 30.545100| 18,632,511.00|
|2021 | | | |
+------+-----------------+-------------------+--------------------------+
|Nov 3,| 605,000| 31.411200| 19,003,776.00|
|2021 | | | |
+------+-----------------+-------------------+--------------------------+

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 9, 2021, to and including November 3, 2021, is 40,087,600 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/2021

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.

Media Relations

phone: +41 43 317 7111
e-mail: media.relations@ch.abb.com

Investor Relations
phone: +41 43 317 7111
e-mail: investor.relations@ch.abb.com

ABB Ltd
Affolternstrasse 44
8050 Zurich
Switzerland

For further information, please refer to www.abb.com/news

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