Note 9 Significant shareholders

Investor AB, Sweden, held 179,030,142 and 166,330,142 ABB Ltd shares as of December 31, 2011 and 2010, respectively. These holdings represent 7.7 percent and 7.2 percent of ABB Ltd’s total share capital and voting rights as registered in the Commercial Register on December 31, 2011 and 2010, respectively.

Pursuant to its disclosure notice, BlackRock, Inc., USA, announced that, as per July 25, 2011 and April 6, 2010, it, together with its direct and indirect subsidiaries, held 69,702,100 and 70,267,934 ABB Ltd shares. These holdings correspond to 3.0 percent of ABB Ltd’s total share capital and voting rights as registered in the Commercial Register on December 31, 2011 and 2010, respectively.

To the best of the Company’s knowledge, no other shareholder holds 3 percent or more of the total share capital and voting rights on December 31, 2011 and 2010, respectively.

Financial review

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