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At ABB, we create value for all our stakeholders,

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starting with our shareholders of course,
but also our end-customers,

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employees, partners
and the communities where we work.

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In 2025, we had to navigate

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geopolitical tensions,
economic uncertainty,

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and the rapid advance
of disruptive technologies like AI.

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We continued to adapt our tactics

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but remain true to our purpose and values.

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That's how we run our business
for the long term.

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And it works.

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2025 was another record year for ABB.

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Our performance shows that

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we are well positioned to navigate
megatrends like automation,

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electrification and energy security.

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Our local-for-local strategy

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of designing
and producing close to our customers

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makes us resilient and self-sufficient

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in our main markets.

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We are confident about ABB's

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prospects for 2026 and beyond.

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This is

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reflected in the updated financial targets

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that we announced
at our Capital Markets Day in November.

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In our Integrated Report for 2025,

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we describe how we are planning
to achieve our targets and how,

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every single day, we help industries
outrun leaner and cleaner.