FULL YEAR 2018 HIGHLIGHTS

-       Total orders +8%[1], up in all divisions and regions

-       Revenues +4%, strong growth in Robotics and Motion

-       Order backlog +6% at end of year, book-to-bill ratio[2] at 1.03x

-       ABB Ability™ drives growth across all divisions

-       Operational EBITA margin 10.9%2, impacted by a combined 250 basis points due to stranded costs, charges for legacy non-core projects and GEIS dilution

-       Reported net income at $2,173 million, -2%

-       Cash flow from operating activities at approx. $3 billion

• Focus of portfolio on digital industries through divestment of Power Grids
• Simplification of business model and structure
• Shape four leading businesses aligned with customer patterns

-       Acquisition of GEIS completed on June 30, 2018

-       CHF 0.80 per share dividend proposed

FOURTH QUARTER HIGHLIGHTS

-       Total orders +7%, higher in all divisions and regions

-       Revenues +5%

-       Operational EBITA margin 7.9%, impacted by a combined 400 basis points due to stranded costs, legacy non-core charges and GEIS dilution

-       Solid cash flow from operating activities at approx. $1.9 billion

-       Sylvia Hill to succeed Jean-Christophe Deslarzes as Chief Human Resources Officer and member of the Executive Committee, effective June 1, 2019

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[1] Growth rates for orders, third-party base orders and revenues are on a comparable basis (local currency adjusted for acquisitions and divestitures). US$ growth rates are presented in Key Figures table.

[2] For non-GAAP measures, see the "Supplemental Financial Information" attachment to the press release.