Remuneration report

ABB’s success depends on its ability to attract and retain people who will drive the business to outperform competitors and create value for shareholders over the long term. These are important considerations behind ABB’s remuneration policy. The Remuneration report presents the principles of this policy, the mechanisms for managing remuneration, and the compensation in 2012 for members of the Board of Directors (Board) and the Executive Committee (EC). For the compensation in 2011, see Note 10 and Note 11 to the ABB Ltd statutory financial statements.