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Peter Bill, Senior Manager

News Monitor

ABB shareholders approve all proposals at 2022 Annual General Meeting

Press Release. The shareholders supported the proposed distribution of an increased dividend of CHF 0.82 per share. The dividend payment in Switzerland is planned for March 30, 2022. The shareholders also approved the management report, the consolidated financial statements and the annual financial statements for 2021.

Peter Voser was confirmed as Chairman of the company’s Board of Directors and all other members of the Board were re-elected for another term: Jacob Wallenberg, Gunnar Brock, David Constable, Frederico Fleury Curado, Lars Förberg, Jennifer Xin-Zhe Li, Geraldine Matchett, David Meline and Satish Pai.

Furthermore, a capital reduction through the cancellation of shares repurchased under ABB’s share buyback programs launched in July 2020 and April 2021 was supported. Shareholders also approved in a binding vote the maximum aggregate compensation of the Board of Directors for the 2022–2023 term of office and of the Executive Committee for the 2023 financial year. In addition, in a non-binding consultative vote the shareholders voted in favor of the compensation report for 2021.

The final results of the Annual General Meeting are available on www.abb.com/agm. ABB will be reporting its first quarter results on April 21, 2022.

Quelle: Press Release

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