UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE

ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of ~~February~~March 2024

Commission File Number 001-16429

ABB Ltd

(Translation of registrant’s name into English)

Affolternstrasse 44, CH-8050, Zurich, Switzerland

(Address of principal executive office)

Indicate by check mark whether

the registrant files or will file

annual reports under cover of Form 20-F

or Form 40-F.

Form 20-F

☒

Form 40-F

⬜☐

Indicate by check mark if the registrant

is submitting the Form 6-K in paper

as permitted by Regulation S-T Rule

101(b)(1):

⬜☐

Note:

Regulation S-T Rule 101(b)(1) only

permits the submission in paper of

a Form 6-K if submitted solely to provide

an attached

annual report to security holders.

Indication by check mark if the registrant

is submitting the Form 6-K in paper

as permitted by Regulation S-T Rule

101(b)(7):

⬜☐

Note:

Regulation S-T Rule 101(b)(7) only

permits the submission in paper of

a Form 6-K if submitted to furnish a

report or other

document that the registrant foreign

private issuer must furnish

and make public under the laws

of the jurisdiction in which the

registrant is incorporated, domiciled

or legally organized (the registrant’s “home country”), or

under the rules of the home country

exchange on which the registrant’s securities are traded,

as long as the report or other document

is not a press release, is not required

to be and has not been distributed to

the registrant’s security holders, and, if discussing

a material event, has already been

the subject

of a Form 6-K submission or other Commission

filing on EDGAR.

Indicate by check mark whether

the registrant by furnishing the

information contained in this Form is

also thereby furnishing the

information to the Commission pursuant

to Rule 12g3-2(b) under the Securities

Exchange Act of 1934.

Yes

⬜☐

☒

If “Yes” is marked, indicate below the file number assigned to the

registrant in connection with Rule 12g3-2(b):

82-

This Form 6-K consists of the following:

Agenda and resolutions from the ABB Ltd Annual

General Meeting of Shareholders

held on March 21, 2024.

Rosengren as CEO”.

Press release issued by ABB Ltd dated March

21, 2024, titled “ABB shareholders

approve all proposals at 2024

Annual

General Meeting”.

Press release issued by ABB Ltd dated March

21, 2024, titled “ABB plans to

launch new share buyback of up to

$1 billion following completion of

2023-2024

program”.

March 21, 2024”.

—

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

The ABB Board of Directors has appointed Morten Wierod as Chief Executive Officer. He will take office

Officer effective July 31, 2024, and retire as of December 31, 2024.

From August 1, 2024, until the end of the year, Björn Rosengren will advise and assist Morten Wierod and

the Executive Committee to ensure a seamless transition.

Business Area. Morten Wierod holds a Master's Degree in Electrical Engineering from the Norwegian

University of Science and Technology.

place.

years. He was instrumental in aligning ABB’s business portfolio to our purpose and significantly improving

our financial and sustainability performance thanks to our ABB Way operating model. Björn will hand over

an efficient, more profitable and faster growing ABB.”

capture the full potential of our market leading positions in electrification and automation.”

the company will be in good hands with Morten. Together with our more than 105,000 people, we have

to seize the opportunities ahead.”

A search process for Morten Wierod’s existing position as Business Area President Electrification will be

launched shortly.

1/2

A full biography of Morten Wierod is available on ABB’s website. High-resolution images can be accessed

ABB

resource-efficient future. The company’s solutions connect engineering know-how and software to optimize

transformation. www.abb.com

—

Media Relations

Phone: +41 43 317 71 11

Email: media.relations@ch.abb.com

Investor Relations

Phone: +41 43 317 71 11

Email: investor.relations@ch.abb.com

ABB Ltd

~~Affolternstrasse~~TRAKTANDEN 44UND BESCHLÜSSE

~~8050~~AGENDA ~~Zurich~~AND RESOLUTIONS

~~Switzerland~~der ordentlichen Generalversammlung der Aktionärinnen und Aktionäre

~~2/2~~from the Annual General Meeting of Shareholders

vom 21. März 2024, 10:00–11:30 Uhr

held on March 21, 2024, 10:00 a.m.–11:30 a.m.

—in der Halle 550, Zürich Oerlikon, Schweiz

~~ZURICH,~~at ~~SWITZERLAND~~Halle 550, ~~FEBRUARY~~Zurich 23Oerlikon, ~~2024~~Switzerland

~~ABB~~___________________________________________________________________________ ~~publishes 2023 Integrated Report~~

Genehmigung des Lageberichts, der Konzernrechnung und der Jahresrechnung 2023

Approval of the management report, the consolidated financial

statements and the annual

financial

Adstatements ~~hoc~~for ~~Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange~~ 2023

Die

Generalversammlung

genehmigt

den

Lagebericht,

die

Konzernrechnung

und

die

Jahresrechnung 2023.

The

Annual

General Meeting

approves

the

management report,

the

consolidated financial

statements and

the annual financial statements for 2023.

Vertretene Stimmen:

Votes

represented:

1’085’339’116

Mehrheit:

Majority:

542’669’559

99.81 %

Ja /

Yes

1’083’261’483

Stimmen /

votes

0.01 %

Nein /

146’783

Stimmen /

votes

0.18 %

Enthaltung /

Abstention

1’930’850

Stimmen /

votes

ABB Ltd, Annual General Meeting

2024/Short Minutes

2/11 -

Konsultativabstimmung über den Vergütungsbericht 2023

Consultative vote on the Compensation

Report 2023

Die

Generalversammlung

stimmt

dem

Vergütungsbericht

2023

(unverbindliche

Konsultativabstimmung).

The Annual General Meeting accepts

the Compensation Report 2023 (non-binding

consultative vote).

Vertretene Stimmen:

Votes

represented:

1’085’335’066

Mehrheit:

Majority:

542’667’534

90.48 %

Ja /

Yes

981’982’860

Stimmen /

votes

9.20 %

Nein /

99’832’810

Stimmen /

votes

0.32 %

Enthaltung /

Abstention

3’519’396

Stimmen /

votes

Konsultativabstimmung über den Sustainability Report 2023

Consultative vote on the Sustainability

Report 2023

Die

Generalversammlung

stimmt

dem

Sustainability

Report

2023

(unverbindliche

Konsultativabstimmung).

The Annual General Meeting accepts

the Sustainability Report 2023 (non-binding

consultative vote).

Vertretene Stimmen:

Votes

represented:

1’085’341’066

Mehrheit:

Majority:

542’670’534

99.32 %

Ja /

Yes

1’077’905’242

Stimmen /

votes

0.19 %

Nein /

2’068’138

Stimmen /

votes

0.49 %

Enthaltung /

Abstention

5’367’686

Stimmen /

votes

ABB AGM 2024 Short Minutes

- 3/11 -

Entlastung des Verwaltungsrates und der mit der Geschäftsführung betrauten Personen

Discharge of the Board of Directors and the persons entrusted with management

Die

Generalversammlung

erteilt

den

Mitgliedern

des

Verwaltungsrates

und

den

mit

der

Geschäftsführung betrauten Personen Entlastung für das Geschäftsjahr

2023.

The

Annual

General

Meeting

grants

discharge

for

financial

year

2023

the

members

the

Board

Directors and the persons entrusted with management.

Vertretene Stimmen:

Votes

represented:

1’084’685’278

Mehrheit:

Majority:

542’342’640

98.68 %

Ja /

Yes

1’070’323’239

Stimmen /

votes

0.78 %

Nein /

8’452’619

Stimmen /

votes

0.54 %

Enthaltung /

Abstention

5’909’420

Stimmen /

votes

Verwendung des Bilanzgewinns

Appropriation of earnings

Die Generalversammlung

stimmt

dem

Antrag des

Verwaltungsrat

zu,

aus

dem

zur Verfügung

stehenden

Bilanzgewinn

von

CHF 3’982’369’258

eine

Dividende

von

CHF

0.87

brutto

Namenaktie

auszuschütten

(maximal CHF 1’637'342’240.25)

und

den

verbleibenden Betrag

des

Bilanzgewinns auf neue Rechnung vorzutragen.

The Annual

General Meeting approves

the proposal

of the Board

of Directors to

distribute a dividend

out

the

earnings

available

(CHF 3,982,369,258)

the

amount

CHF

0.87

gross

per

registered

(maximum

total

amount

CHF 1,637,342,240.25)

and

carry

forward

the

remaining

amount

the

available earnings to the new account.

Vertretene Stimmen:

Votes

represented:

1’085’339’756

Mehrheit:

Majority:

542’669’879

99.81 %

Ja /

Yes

1’083’272’307

Stimmen /

votes

0.05 %

Nein /

551’748

Stimmen /

votes

0.14 %

Enthaltung /

Abstention

1’515’701

Stimmen /

votes

ABB AGM 2024 Short Minutes

- 4/11 -

Genehmigung der Vergütung des Verwaltungsrates

und der Geschäftsleitung

Approval of the compensation of the Board of Directors and the Executive

Committee

6.1.

Genehmigung des maximalen Gesamtbetrags

der Vergütung des Verwaltungsrat

es für die

kommende Amtsdauer, d. h. von der Generalversammlung 2024 bis zur

Generalversammlung 2025

6.1.

Approval of the maximum aggregate amount of compensation

of the Board of Directors for the next term of

office, i. e. from the Annual General Meeting 2024

to the Annual General Meeting

2025

Die Generalversammlung genehmigt gemäss Antrag des Verwaltungsrates

The Annual General Meeting approves as proposed by the Board of Directors

den maximalen Gesamtbetrag der Vergütung des Verwaltungsrat

es für die Zeitspanne von der

Generalversammlung 2024 bis zur Generalversammlung 2025 im Betrag von

CHF 4’400’000.

the

maximum aggregate

amount of

compensation of

the

Board of

Directors covering

the

period from

the

Annual General

Meeting

2024 to the Annual General Meeting

2025 in the amount of CHF 4,400,000.

Vertretene Stimmen:

Votes

represented:

1’085’334’810

Mehrheit:

Majority:

542’667’406

98.60 %

Ja /

Yes

1’070’120’842

Stimmen /

votes

1.09 %

Nein /

11’789’023

Stimmen /

votes

0.31 %

Enthaltung /

Abstention

3’424’945

Stimmen /

votes

6.2.

Genehmigung des maximalen Gesamtbetrags

der Vergütung der Geschäftsleitung für das

folgende Geschäftsjahr, d. h. 2025

6.2.

Approval of the maximum aggregate amount of compensation

of the Executive Committee for

the following

financial year, i. e. 2025

Die Generalversammlung genehmigt gemäss Antrag des Verwaltungsrates

The Annual General Meeting approves as proposed by the Board of Directors

den maximalen Gesamtbetrag der Vergütung der Geschäftsleitung für das Geschäftsjahr 2025 im

Betrag von CHF 45’900’000.

the maximum aggregate amount of compensation of the Executive Committee for the financial year 2025 in

the amount of CHF 45,900,000.

Vertretene Stimmen:

Votes

represented:

1’085’337’932

Mehrheit:

Majority:

542’668’967

93.58 %

Ja /

Yes

1’015’665’035

Stimmen /

votes

6.10 %

Nein /

66’161’607

Stimmen /

votes

0.32 %

Enthaltung /

Abstention

3’511’290

Stimmen /

votes

ABB AGM 2024 Short Minutes

- 5/11 -

Wahlen in den Verwaltungsrat

und Wahl des Präsidenten des Verwaltungsrates

Elections to the Board of Directors and election of the Chairman

of the Board of Directors

Die Generalversammlung

wählt gemäss

Antrag des Verwaltungsrat

es folgende

Mitglieder in

den

Verwaltungsrat

für eine Amtsdauer bis zum

Abschluss der Generalversammlung 2025:

The Annual General Meeting elects

as proposed by the Board of Directors the following persons to the

Board of Directors for a term of office until completion of the

Annual General Meeting 2025:

●

David Constable,

als Mitglied / as Director

~~Report~~Vertretene ~~covers~~Stimmen: ~~ABB’s 2023 strategy, business, governance, financial and sustainability performance~~

Votes

represented:

1’085’336’242

Mehrheit:

Majority:

542’668’122

99.55 %

Ja /

Yes

1’080’411’483

Stimmen /

votes

0.29 %

Nein /

3’184’984

Stimmen /

votes

0.16 %

Enthaltung /

Abstention

1’739’775

Stimmen /

votes

●

Frederico Fleury Curado, als Mitglied / as Director

Vertretene Stimmen:

Votes

represented:

1’085’336’242

Mehrheit:

Majority:

542’668’122

99.43 %

Ja /

Yes

1’079’083’862

Stimmen /

votes

0.41 %

Nein /

4’491’889

Stimmen /

votes

0.16 %

Enthaltung /

Abstention

1’760’491

Stimmen /

votes

●

Lars Förberg,

als Mitglied / as Director

~~integrates~~Vertretene ~~the~~Stimmen: ~~most important material information about the company’s strategy, business, governance as~~

Votes

represented:

~~with~~1’085’336’242 ~~our decentralized ABB Way operating model we create holistic value for our stakeholders while~~

weMehrheit: ~~are heading in the right direction.”~~

~~ABB’s value creation model provides a comprehensive summary of the holistic value the company generates~~ Majority:

~~outputs~~542’668’122 ~~and outcomes through its decentralized operating model.~~

~~Commenting~~98.67 on% ~~ABB’s achievements in 2023, CEO Björn Rosengren said: “2023 was a record year for~~

~~ABB.~~Ja We/ ~~delivered strong performance and as a technology leader in electrification and automation, ABB~~

~~to optimize, electrify and decarbonize industry, buildings, power and transport – sectors that together account~~ Yes

~~for the lion~~1’s070’903’053 ~~share of global energy-related carbon emissions. By doing this, we made the ways we move,~~

1Stimmen /3

~~and creating value for all our stakeholders.”~~ votes

~~Good~~1.17 ~~progress~~% ~~towards sustainability goals~~

2Nein /

~~e emissions~~ No

~~reduction~~12’716’204 ~~targets aligned with the Net-Zero Standard of the Science-Based Targets initiative (SBTi) for~~

~~validation.~~Stimmen ~~These~~/ ~~targets include ABB’s scope 1 and 2 emissions, which it aims to reduce by 80 percent by~~

~~2022 baseline.~~ votes

~~3 emissions compared to 2022~~0.16 %

64Enthaltung ~~percent~~/ ~~of ABB’s energy consumption and 94 percent of its electricity came from renewable sources.~~

~~contributes to the company’s ambition to support customers in avoiding 600 megatons of GHG emissions~~ Abstention

~~2030.~~1’716’985

~~Finally,~~Stimmen in/ ~~line with its goal of promoting social progress, in 2023, ABB reduced its rate of lost time caused~~

~~by injuries (LTIFR) by 9 percent to industry-leading levels. And it increased the number of women in senior~~ votes

ABB’s ~~full~~AGM ~~annual~~2024 ~~reporting~~Short ~~suite~~Minutes ~~including the Integrated Report and Sustainability Report can be accessed~~

~~and~~- ~~downloaded here: go.abb~~6/~~reports~~11 -

●

Johan Forssell,

als Mitglied / as Director

Vertretene Stimmen:

Votes

represented:

1’085’336’242

Mehrheit:

Majority:

542’668’122

90.03 %

Ja /

Yes

977’113’121

Stimmen /

votes

9.79 %

Nein /

106’273’087

Stimmen /

votes

0.18 %

Enthaltung /

Abstention

1’950’034

Stimmen /

votes

●

Denise Johnson, als Mitglied / as Director

Vertretene Stimmen:

Votes

represented:

1’085’336’242

Mehrheit:

Majority:

542’668’122

99.69 %

Ja /

Yes

1’081’995’120

Stimmen /

votes

0.15 %

Nein /

1’639’026

Stimmen /

votes

0.16 %

Enthaltung /

Abstention

1’702’096

Stimmen /

votes

●

Jennifer Xin-Zhe Li, als Mitglied / as Director

Vertretene Stimmen:

Votes

represented:

1’085’336’242

Mehrheit:

Majority:

542’668’122

98.61 %

Ja /

Yes

1’070’238’168

Stimmen /

votes

1.22 %

Nein /

13’205’915

Stimmen /

votes

0.17 %

Enthaltung /

Abstention

1’892’159

Stimmen /

votes

ABB AGM 2024 Short Minutes

- 7/11 -

●

Geraldine Matchett,

als Mitglied / as Director

Vertretene Stimmen:

Votes

represented:

1’085’336’242

Mehrheit:

Majority:

542’668’122

99.66 %

Ja /

Yes

1’081’676’549

Stimmen /

votes

0.17 %

Nein /

1’834’723

Stimmen /

votes

0.17 %

Enthaltung /

Abstention

1’824’970

Stimmen /

votes

●

David Meline,

als Mitglied / as Director

Vertretene Stimmen:

Votes

represented:

1’085’336’242

Mehrheit:

Majority:

542’668’122

99.61 %

Ja /

Yes

1’081’105’170

Stimmen /

votes

0.22 %

Nein /

2’333’975

Stimmen /

votes

0.17 %

Enthaltung /

Abstention

1’897’097

Stimmen /

votes

●

Mats Rahmström,

als Mitglied / as Director

Vertretene Stimmen:

Votes

represented:

1’085’336’242

Mehrheit:

Majority:

542’668’122

92.06 %

Ja /

Yes

999’193’238

Stimmen /

votes

7.75 %

Nein /

84’120’860

Stimmen /

votes

0.19 %

Enthaltung /

Abstention

2’022’144

Stimmen /

votes

ABB AGM 2024 Short Minutes

- 8/11 -

●

Peter Voser,

als Mitglied und Präsident / as Director and Chairman

Vertretene Stimmen:

Votes

represented:

1’085’335’966

Mehrheit:

Majority:

542’667’984

91.75 %

Ja /

Yes

995’852’822

Stimmen /

votes

7.71 %

Nein /

83’630’385

Stimmen /

votes

0.54 %

Enthaltung /

Abstention

5’852’759

Stimmen /

votes

ABB AGM 2024 Short Minutes

- 9/11 -

Wahlen in den Vergütungsausschuss

Elections to the Compensation Committee

Die

Generalversammlung

wählt

gemäss

Antrag

des

Verwaltungsrates

folgende

Mitglieder

des

Verwaltungsrates

den

Vergütungsausschuss

für

eine

Amtsdauer

bis

zum

Abschluss

der

Generalversammlung 2025:

The Annual General Meeting elects as

proposed by the Board of Directors the following members of the

Board of Directors to the Compensation Committee for a

term of office until completion of the

Annual

General Meeting 2025:

●

David Constable

Vertretene Stimmen:

Votes

represented:

1’085’333’963

Mehrheit:

Majority:

542’666’982

99.13 %

Ja /

Yes

1’075’943’553

Stimmen /

votes

0.67 %

Nein /

7’262’466

Stimmen /

votes

0.20 %

Enthaltung /

Abstention

2’127’944

Stimmen /

votes

●

Frederico Fleury Curado

Vertretene Stimmen:

Votes

represented:

1’085’333’963

Mehrheit:

Majority:

542’666’982

97.48 %

Ja /

Yes

1’058’023’527

Stimmen /

votes

2.32 %

Nein /

25’178’052

Stimmen /

votes

0.20 %

Enthaltung /

Abstention

2’132’384

Stimmen /

votes

●

Jennifer Xin-Zhe Li

Vertretene Stimmen:

Votes

represented:

1’085’333’963

Mehrheit:

Majority:

542’666’982

98.46 %

Ja /

Yes

1’068’575’371

Stimmen /

votes

1.34 %

Nein /

14’549’629

Stimmen /

votes

0.20 %

Enthaltung /

Abstention

2’208’963

Stimmen /

votes

ABB AGM 2024 Short Minutes

- 10/11 -

Wahl der

unabhängigen Stimmrechtsvertreterin

Election of the independent proxy

Die Generalversammlung wählt gemäss Antrag des Verwaltungsrat

es für eine Amtsdauer bis zum

Abschluss der ordentlichen Generalversammlung 2025:

The Annual General Meeting elects as

proposed by the Board of Directors for a term of office until

completion of the Annual General Meeting

2025:

●

Zehnder Bolliger & Partner,

Advokatur & Notariat, Bahnhofplatz 1, 5400 Baden,

Schweiz

als unabhängige Stimmrechtsvertreterin.

as independent proxy.

Vertretene Stimmen:

Votes

represented:

1’085’333’963

Mehrheit:

Majority:

542’666’982

98.15 %

Ja /

Yes

1’065’316’559

Stimmen /

votes

1.73 %

Nein /

18’731’277

Stimmen /

votes

0.12 %

Enthaltung /

Abstention

1’286’127

Stimmen /

votes

10.

Wahl der Revisionsstelle

10.

Election of the auditors

Die

Generalversammlung

wählt

gemäss

Antrag

des

Verwaltungsrates

KPMG

AG,

Zürich,

als

Revisionsstelle für das Geschäftsjahr 2024.

The Annual General Meeting elects

as proposed by the Board of Directors KPMG AG, Zurich, as the

auditors for financial year 2024.

Vertretene Stimmen:

Votes

represented:

1’085’331’703

Mehrheit:

Majority:

542’665’852

99.41 %

Ja /

Yes

1’078’957’998

Stimmen /

votes

0.42 %

Nein /

4’533’084

Stimmen /

votes

0.17 %

Enthaltung /

Abstention

1’840’621

Stimmen /

votes

ABB AGM 2024 Short Minutes

- 11/11 -

Zürich, 21. März 2024

Für das Protokoll:

For the minutes:

/s/ Peter Voser

/s/ Natalia Shehadeh

Peter Voser

Natalia Shehadeh

Präsident des Verwaltungsrates

Chairman of the Board of Directors

Leiterin der Konzernrechtsabteilung und

Sekretärin des Verwaltungsrates

ad interim

General Counsel and

Secretary to the Board of Directors

ad interim

ABB AGM 2024 Short Minutes

—

ZURICH, SWITZERLAND,

MARCH 2

, 202

ABB shareholders approve all

proposals at 2024 Annual General

Meeting

ABB shareholders have approved

all the proposals of the

company’s Board of Directors at its 2024

Annual

General Meeting, which was held

in Zurich, Switzerland, today. A total of 623 shareholders

attended the

meeting who, together with the independent

proxy, represented 57.7 percent of the total share capital with

right to vote.

The shareholders supported the proposed

distribution of an increased

dividend of CHF 0.87 per share.

The

dividend payment in Switzerland

is planned for March 27, 2024. The

shareholders also approved

the

management report, the consolidated

financial statements and the annual

financial statements for 2023.

Furthermore, the shareholders granted

discharge to the Board

of Directors and the persons

entrusted with

management for the financial

year 2023.

Peter Voser was confirmed as Chairman of the company’s

Board of Directors. Johan Forssell

and Mats

Rahmström were elected as new

members to the Board

while Jacob Wallenberg and Gunnar

Brock did not

stand for re-election as announced

previously. All other members of the Board were re-elected for

another

term: David Constable, Frederico

Fleury Curado, Lars Förberg, Denise

C. Johnson, Jennifer Xin-Zhe Li,

Geraldine Matchett and David

Meline.

In addition, shareholders approved

the maximum aggregate amount

of compensation of the Board

Directors for the 2024–2025 term of

office and of the Executive Committee

for the 2025 financial year. In a

non-binding consultative vote, the shareholders

voted in favor of the compensation

report and of the

sustainability report for 2023, the latter

submitted to a shareholders’

vote for the first time as required by the

revised Swiss Code of Obligations.

The final results of the Annual

General Meeting are available

on go.abb/agm. ABB will be reporting its

first

quarter results on April 18, 2024.

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 over 140 years of excellence, ABB’s more

than 105,000 employees are committed

to driving innovations that accelerate

industrial transformation.

efficient future. The company’s solutions connect engineering know-how and software to optimize how

www.abb.com

2/3

—

For more information please

contact:

Media Relations

Phone: +41 43 317 71 11

Email: media.relations@ch.abb.com

Investor Relations

Phone: +41 43 317 71 11

Email: investor.relations@ch.abb.com

ABB Ltd

Affolternstrasse 44

8050 Zurich

Switzerland

31/31

—

ZURICH, SWITZERLAND,

MARCH 2

~~ZURICH, SWITZERLAND, FEBRUARY 23, 2024~~ 1

~~broadcast~~, ~~at go.abb/agm.~~ 202

~~Registration~~4 ~~and admission cards~~

~~Proxy/Voting~~ABB plans to launch new share

~~Electronic~~buyback ~~authorizations/voting~~of ~~and~~up ~~instructions~~ to ~~the~~$1 ~~independent~~billion ~~proxy~~following ~~(e-voting)~~

~~Shareholders~~completion ~~may~~of ~~use~~2023-2024 ~~the~~program ~~shareholder platform at www.gvote.ch to either request an admission card or issue~~

ABB has completed its share buyback

program that was launched

in April 2023. Through this buyback

program, ABB repurchased a total

of 21,387,687 shares – equivalent

to 1.09 percent of its issued share

capital at launch of the buyback program

– for a total amount of approximately

$0.83 billion over the past

~~voting~~12 ~~instructions to the independent proxy~~months.

ABB’s Board of Directors intends to use

the capital band approved

at the 2023 Annual General Meeting to

cancel all shares repurchased

under the 2023–2024 share buyback

program.

Consistent with ABB’s capital allocation

principles, the Board of Directors

today approved a new share

buyback program for capital reduction

purposes of up to $1 billion.

The new program is expected to be

launched in early April 2024.

It will be executed on a second trading

line on the SIX Swiss Exchange

and is

planned to run until January 31, 2025.

The company has decided

to adjust the timing of its share buyback

cycle to align with the announcement

of its Q4 2024 results and 2024

dividend proposal.

ABB intends to also use the capital

band for the cancellation

of the shares repurchased under

this new

~~any instructions they may have communicated electronically, up to but no later than 11:59 p~~program.m. ~~(CET) on~~

In addition, ABB intends to purchase up

to 10 million shares by the end of

January 2025 mainly for use in

connection with its employee share

plans. The purchases

will be made at the market price

on the ordinary

~~please~~trading ~~refer~~line toon gothe SIX Swiss Exchange.~~abb/agm.~~

ABB currently owns approximately

47 million treasury shares,

including 21 million

shares repurchased for

~~Agenda~~cancellation purposes.

statements for 2023

2. Consultative vote on the Compensation Report 2023

3. Consultative vote on the Sustainability Report 2023

4. Discharge of the Board of Directors and the persons entrusted with management

5. Appropriation of earnings

Meeting 2025

for the following financial year, i. e. 2025

8. Elections to the Compensation Committee

9. Election of the independent proxy

10. Election of the auditors

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 over 140 years of excellence, ABB’s

more than 105,000 employees are

committed to driving innovations

that accelerate industrial

resource-efficient future. The company’s solutions connect engineering know-how and software to optimize

ABB’s more than 105,000 employees are committed to driving innovations that accelerate industrial

transformation. www.abb.com

Important notice about

forward-looking information

This press release includes

forward-looking information

and statements concerning

the share buyback program.

These

statements are based on

current expectations,

estimates and projections

about the factors

that may affect our future

performance, and are generally

identifiable by statements

containing words such

as “intends”, “expects,”

“plans”, or

similar expressions. However, there

are many risks and

uncertainties, many of

which are beyond

our control, that could

affect our ability to achieve

any or all of our stated

targets. Factors that

could cause such differences

include, among

others, business risks associated

with the volatile

global economic environment

and political conditions,

changes in

1/2

governmental regulations

and currency exchange

rates and such other

factors as may be discussed

from time to time

in ABB Ltd’s filings with

the U.S. Securities and

Exchange Commission,

including its Annual Reports

on Form 20-F.

Although ABB Ltd believes

that its expectations

reflected in any such

forward-looking statement

are based upon

reasonable assumptions,

it can give no assurance

that those expectations

will be achieved.

—

For more information please

contact:

Media Relations

Phone: +41 43 317 71 11

Email: media.relations@ch.abb.com

Investor Relations

Phone: +41 43 317 71 11

Email: investor.relations@ch.abb.com

ABB Ltd

Affolternstrasse 44

8050 Zurich

Switzerland

ABB PLANS TO LAUNCH

NEW SHARE BUYBACK

OF UP TO $1 BILLION FOLLOWING

COMPLETION OF

2023-2024

PROGRAM

2/2

SIGNATURES

Pursuant to the requirements of the Securities

Exchange Act of 1934, the registrant

has duly caused this report to be signed

on its

behalf by the undersigned, thereunto duly

authorized.

ABB LTD

Date: ~~February~~March 2322, 2024.

By:

/s/ Ann-~~Sophie~~Sofie Nordh

Name:

Ann-Sofie Nordh

Title:

Group Senior Vice President and

Head of Investor Relations

Date: ~~February~~March 2322, 2024.

By:

/s/ Richard A. Brown

Name:

Richard A. Brown

Title:

Group Senior Vice President and

Chief Counsel Corporate & Finance

Filing Compare · ABB LTD