ABB Code of Conduct

ABB CODE OF CONDUCT

A MESSAGE FROM OUR EXECUTIVE COMMITTEE

As a global technology company, we help industries run at high performance, and become more productive, efficient, and sustainable so they can outperform.

To be successful, we believe in a culture of high performance and high integrity, built on our values of courage, care, curiosity, and collaboration. That means we don’t just aim to do great work, we also make sure we do it the right way. Every decision and action we take should reflect our values and our commitment to integrity, accountability, and transparency.

Our Code of Conduct sets the standards we expect from everyone working for or with ABB. It helps us make the right decisions. It supports a workplace where everyone feels respected, safe, and included, whether they are employees, contractors, customers, partners, or members of the communities where we operate. And it empowers us to speak up when we reasonably believe there are actual or potential violations of our Code, ABB policies, or the law, so we can protect each other and ABB.

By living up to our Code and values every day, we help make ABB and our customers successful and contribute to our purpose of enabling a more sustainable, resource-efficient future.

The Executive Committee

OUR CODE AT A GLANCE

Act with integrity

Act with integrity
Work safely and sustainably
Protect assets and reputation
Build trust and encourage a speak up culture

We act responsibly, are transparent, and hold ourselves accountable for our decisions and actions. We work only with partners who share our values and commitments. <ul> <li>We never tolerate or engage in fraud, bribery, or corruption.</li> <li>We avoid and disclose situations where our personal interests (might) conflict with those of ABB.</li> <li>We compete fairly and independently and comply with all antitrust and fair competition laws.</li> <li>We comply with global trade and sanctions requirements.</li> <li>We engage with governments to support ABB’s business objectives.</li> </ul>

We care about people and our planet. We build safer, more inclusive workplaces, respect human rights, work to reduce environmental impact, and make a positive difference in the communities where we operate. <ul> <li>We value a diverse workplace and an inclusive culture.</li> <li>We work to reduce our environmental impact and contribute to a low-carbon future.</li> <li>We care about safety and speak openly about hazards to build and keep safer workplaces.</li> <li>We strive to make a positive impact in the communities where we operate.</li> <li>We support and respect human rights and labor standards across our business globally.</li> </ul>

We are responsible for protecting company assets, such as sensitive information, intellectual property, personal data, and work equipment from misuse, theft, loss, or damage. <ul> <li>We protect all confidential and intellectual property data and expect others to do the same.</li> <li>We protect and treat personal data with care and expect others to do the same.</li> <li>We do not use inside information about ABB or any other company for personal advantage.</li> <li>We accurately and transparently record and report our financials in compliance with regulations and accounting principles.</li> <li>We communicate to strengthen our ABB brand and protect ABB’s reputation.</li> <li>We use information technology responsibly.</li> </ul>

ABB is committed to a culture of openness and transparency where employees and stakeholders engage in direct discussions and feel safe to speak up. We have zero tolerance for retaliation against Speak Up reporting. <ul> <li>Open dialogue – In your daily work, you are empowered to ask questions, engage in direct discussions and share your thoughts and concerns, even when the topics are uncomfortable. If direct engagement does not resolve a situation, you should seek advice or support from your line manager or HR Business Partner.</li> <li>Speak up – Report violations of the Code, ABB policies, or the law through the ABB Speak Up Helpline or another report-ing channel. If you honestly report a concern or violation, or participate truthfully in an investigation, you will be protected against retaliation.</li> </ul>

THE PURPOSE OF OUR CODE

Why do we have a Code of Conduct?

Our Code sets the standards we expect from everyone working for or with ABB and helps us make the right decisions. It empowers us to share ideas, ask questions, and speak up when something does not seem right. It is the cornerstone of all our policies, which provide further clarity on how our Code applies in practice. By following our Code and policies in our daily work, we strengthen a culture of transparency, accountability, and high performance with integrity.

Who is our Code for?

Our Code applies to all ABB employees, managers, officers, and directors, including those within ABB’s wholly owned affiliates and subsidiaries as well as any joint venture in which ABB has majority ownership interest or exercises effective control. We expect our partners and contingent workers to uphold the standards outlined in our Code and – for our suppliers – our Human Rights Policy and Supplier Code of Conduct.

What is expected of us?

We all need to understand and comply with our Code, policies, and the law. When rules conflict, the strictest standard applies. ABB offers ongoing learning to help us understand our Code, policies, and the law. Managers play a key role in building a culture of accountability and transparency, encouraging open dialogue, and modeling the right behaviors. If we are unclear or in doubt about any aspect of our Code, policies, or the law, we ask questions to gain clarity. Should we ever feel pressured or unsure about a decision, we pause and ask ourselves: <ul> <li>Is it legal? </li> <li>Is it ethical? </li> <li>Is it truly right? </li> </ul>

What if our Code is violated?

Violations of our Code, policies, or the law can put people, our business, and our reputation at risk. For this reason, reported violations are treated seriously and thoroughly reviewed. Depending on the circumstances, consequences may range from coaching and guidance to disciplinary actions, up to and including termination of employment.