ABB Ltd (ABB) Q2 2021 Earnings Conference Call July 22, 2021 4:00 AM ET Company Participants Ann-Sofie Nordh - Head, IR Björn Rosengren - CEO Timo Ihamuotila - CFO Conference Call Participants Martin Wilkie - Citigroup Joseph Giordano - Cowen and Company Ben Uglow - Morgan Stanley Alex Virgo - Bank of America Merrill Lynch Andreas Willi - JPMorgan Chase & Co. Shane McKenna - Barclays Bank Daniela Costa - Goldman Sachs Group Greetings to you all and welcome to the presentation of our Q2 results. I'm Ann-Sofi ...

—ZURICH, SWITZERLAND | JULY 22, 2021 | BJÖRN ROSENGREN, CEO; TIMO IHAMUOTILA, CFO Q2 2021 results Strong performance in a recovery quarter — Important notices This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, including global economic conditions, and the economic conditions of the regions an ...

Financial Data and Key Metrics Changes - The company reported a high margin of 13.8% for Q1 2021, supported by strong demand and internal efficiency improvements [6][18] - Cash flow from operating activities was $520 million, a significant increase compared to the previous year, indicating strong performance for a typically soft quarter [7][33] - Revenues increased by 7% year-over-year, reflecting recovery from the impacts of COVID-19 [16] Business Line Data and Key Metrics Changes - **Electrification**: Comparable orders and revenues were up 9% and 11% year-on-year, with an operational EBITA margin increase of 480 basis points to 16.2% [20][22] - **Motion**: Orders declined 4% on a comparable basis, while revenues increased by 6%. The operational EBITA margin rose by 180 basis points to 17.1% [24][25] - **Process Automation**: Orders decreased by 11% year-on-year, with revenues down 9%. However, profit improved by 8% and margin increased by 130 basis points [27][28] - **Robotics & Discrete Automation**: Revenues rose by 19% year-on-year, with an operational EBITA margin of 12.4%, up 360 basis points [30] Market Data and Key Metrics Changes - Orders in China increased by 24%, making it the main growth engine, while the Americas remained stable with a 2% decline in the U.S. [17] - Europe saw a 3% increase in orders, with Germany showing slight growth [17] Company Strategy and Development Direction - The company is focusing on active portfolio management, having separated its EV charging business into a dedicated division called E-mobility to accelerate growth [12][13] - The company is exploring a potential public listing for the E-mobility division to enhance its growth platform [13][40] - The company aims to improve its operational EBITA margin steadily towards its 2023 target [35] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery in demand and the potential for growth in the second half of the year, particularly in process-related industries [35][36] - The company anticipates comparable revenue growth of about 5% or higher for the full year 2021, with expectations of at least 10% growth in Q2 [35][36] Other Important Information - The company reported a strong cash flow performance, reflecting higher income from all business areas and favorable timing of tax payments [33] - R&D spending increased by 6% year-over-year, emphasizing the company's commitment to maintaining its technology leadership [18] Q&A Session Summary Question: Momentum in Process Automation - Management noted that while there is some recovery in certain segments, the service side remains a drag on gross margin, with expectations for improvement in the second half of the year [45][48] Question: Operating Profit Bridge - The company provided insights on the mix between volume and price impacts, indicating a positive net price contribution [51][53] Question: Semiconductor Supply Impact - Management acknowledged challenges in semiconductor availability, particularly affecting the robotics and motion businesses, but emphasized efforts to mitigate these issues [58][54] Question: E-mobility Division Announcement - The decision to separate the E-mobility division was driven by its rapid growth and the desire to secure a leading position in the market [70][72] Question: Future Cash Flow Guidance - Management indicated that the strong Q1 cash flow performance could lead to a higher full-year free cash flow estimate than previously guided [65] Question: Growth Outlook in China - Management reported strong growth in China, particularly in Electrification and Robotics, with expectations for continued strength in Q2 [83][84] Question: Robotics Business Transition - The company is transitioning away from lower-margin automotive system business, with expectations for this shift to be largely complete by the end of the year [111][113]

—ZURICH, SWITZERLAND | APRIL 27, 2021 | BJÖRN ROSENGREN, CEO; TIMO IHAMUOTILA, CFO Q1 2021 results Strong start to the year — Important notices This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, including global economic conditions, and the economic conditions of the regions and industries th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to ___________ ...

ABB Ltd (ABB) Q4 2020 Earnings Conference Call February 4, 2021 4:00 AM ET Company Participants Ann-Sofie Nordh - Head, Investor Relations Björn Rosengren - Chief Executive Officer Timo Ihamuotila - Chief Financial Officer Conference Call Participants Martin Wilkie - Citi Shane McKenna - Barclays Guillermo Peigneux - UBS Mattias Holmberg - DNB Ben Uglow - Morgan Stanley Daniela Costa - Goldman Sachs Andreas Willi - JPMorgan Ann-Sofie Nordh Greetings to you all and welcome to this conference call and webcast ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to ________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20‑F | | | OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001‑16429 ABB Ltd (Exact name of registrant as specified in its charter) Sw ...