Group structure and shareholders

Group structure

ABB Ltd, Switzerland, is the ultimate parent company of the ABB Group, which at December 31, 2014, principally comprised approximately 350 consolidated operating and holding subsidiaries worldwide. ABB Ltd’s shares are listed on the SIX Swiss Exchange, the NASDAQ OMX Stockholm Exchange and the New York Stock Exchange (where its shares are traded in the form of American depositary shares (ADS) – each ADS representing one registered ABB share). On December 31, 2014, ABB Ltd had a market capitalization of CHF 48 billion.

The only consolidated subsidiary in the ABB Group with listed shares is ABB India Limited, Bangalore, India, which is listed on the BSE Ltd. (Bombay Stock Exchange) and the National Stock Exchange of India. On December 31, 2014, ABB Ltd, Switzerland, directly or indirectly owned 75 percent of ABB India Limited, Bangalore, India, which at that time had a market capitalization of INR 273 billion.

Stock exchange listings (At December 31, 2014)

Stock exchange

Security

Ticker symbol

ISIN code

*

also called Scrip ID

SIX Swiss Exchange

ABB Ltd, Zurich, share

ABBN

CH0012221716

SIX Swiss Exchange

ABB Ltd, Zurich, share buyback (second trading line)

ABBNE

CH0253301128

NASDAQ OMX Stockholm Exchange

ABB Ltd, Zurich, share

ABB

CH0012221716

New York Stock Exchange

ABB Ltd, Zurich, ADS

ABB

US0003752047

BSE Ltd. (Bombay Stock Exchange)

ABB India Limited, Bangalore, share

ABB*

INE117A01022

National Stock Exchange of India

ABB India Limited, Bangalore, share

ABB

INE117A01022

The following table sets forth, as of December 31, 2014, the name, place of incorporation, ownership interest and share capital of the significant direct and indirect subsidiaries of ABB Ltd, Switzerland:

ABB Ltd’s significant subsidiariess

Company name/location

Country

ABB
interest %

Share capital in thousands

Currency

(1)

Shares without par value.

ABB S.A., Buenos Aires

Argentina

100.00

278,860

ARS

ABB Australia Pty Limited, Moorebank, NSW

Australia

100.00

131,218

AUD

ABB AG, Vienna

Austria

100.00

15,000

EUR

ABB N.V., Zaventem

Belgium

100.00

13,290

EUR

ABB Ltda., Osasco

Brazil

100.00

590,314

BRL

ABB Bulgaria EOOD, Sofia

Bulgaria

100.00

65,110

BGN

ABB Inc., Saint-Laurent, Quebec

Canada

100.00

(1)

CAD

Thomas & Betts Limited, Saint-Jean-sur-Richelieu, Quebec

Canada

100.00

(1)

CAD

ABB (China) Ltd., Beijing

China

100.00

310,000

USD

ABB Ltda., Bogotá

Colombia

100.00

486,440

COP

ABB Ltd., Zagreb

Croatia

100.00

2,730

HRK

ABB s.r.o., Prague

Czech Republic

100.00

400,000

CZK

ABB A/S, Skovlunde

Denmark

100.00

100,000

DKK

ABB Ecuador S.A., Quito

Ecuador

96.87

325

USD

Asea Brown Boveri S.A.E., Cairo

Egypt

100.00

116,000

USD

ABB AS, Jüri

Estonia

100.00

1,663

EUR

ABB Oy, Helsinki

Finland

100.00

10,003

EUR

ABB S.A., Cergy Pontoise

France

100.00

45,921

EUR

ABB AG, Mannheim

Germany

100.00

167,500

EUR

ABB Automation GmbH, Mannheim

Germany

100.00

15,000

EUR

ABB Automation Products GmbH, Ladenburg

Germany

100.00

10,620

EUR

ABB Beteiligungs- und Verwaltungsges. mbH, Mannheim

Germany

100.00

61,355

EUR

ABB Stotz-Kontakt GmbH, Heidelberg

Germany

100.00

7,500

EUR

Busch-Jaeger Elektro GmbH, Lüdenscheid

Germany

100.00

1,535

EUR

Asea Brown Boveri S.A., Metamorphossis Attica

Greece

100.00

1,721

EUR

ABB (Hong Kong) Ltd., Hong Kong

Hong Kong

100.00

20,000

HKD

ABB Engineering Trading and Service Ltd., Budapest

Hungary

100.00

444,090

HUF

ABB India Limited, Bangalore

India

75.00

423,817

INR

ABB Limited, Dublin

Ireland

100.00

635

EUR

ABB Technologies Ltd., Haifa

Israel

99.99

420

ILS

ABB S.p.A., Milan

Italy

100.00

107,000

EUR

Power-One Italy S.p.A., Terranuova Bracciolini

Italy

100.00

22,000

EUR

ABB K.K., Tokyo

Japan

100.00

1,000,000

JPY

ABB Ltd., Seoul

Korea, Republic of

100.00

18,670,000

KRW

ABB Holdings Sdn. Bhd., Subang Jaya

Malaysia

100.00

4,490

MYR

Asea Brown Boveri S.A. de C.V., San Luis Potosi SLP

Mexico

100.00

667,686

MXN

ABB B.V., Rotterdam

Netherlands

100.00

9,200

EUR

ABB Capital B.V., Rotterdam

Netherlands

100.00

9,080

EUR

ABB Finance B.V., Rotterdam

Netherlands

100.00

20

EUR

ABB Holdings B.V., Rotterdam

Netherlands

100.00

119

EUR

ABB Investments B.V., Rotterdam

Netherlands

100.00

100

EUR

ABB Limited, Auckland

New Zealand

100.00

34,000

NZD

ABB Holding AS, Billingstad

Norway

100.00

240,000

NOK

ABB S.A., Lima

Peru

98.18

29,116

PEN

ABB, Inc., Paranaque, Metro Manila

Philippines

100.00

123,180

PHP

ABB Sp. z o.o., Warsaw

Poland

99.92

350,656

PLN

ABB (Asea Brown Boveri), S.A., Oeiras

Portugal

100.00

4,117

EUR

ABB Ltd., Moscow

Russian Federation

100.00

5,686

RUB

ABB Contracting Company Ltd., Riyadh

Saudi Arabia

65.00

40,000

SAR

ABB Holdings Pte. Ltd., Singapore

Singapore

100.00

32,797

SGD

ABB Holdings (Pty) Ltd., Longmeadow

South Africa

100.00

4,050

ZAR

Asea Brown Boveri S.A., Madrid

Spain

100.00

33,318

EUR

ABB AB, Västerås

Sweden

100.00

400,000

SEK

ABB Norden Holding AB, Västerås

Sweden

100.00

2,344,783

SEK

ABB Asea Brown Boveri Ltd, Zurich

Switzerland

100.00

2,768,000

CHF

ABB Schweiz AG, Baden

Switzerland

100.00

55,000

CHF

ABB Technology Ltd., Zurich

Switzerland

100.00

100

CHF

ABB LIMITED, Bangkok

Thailand

100.00

1,034,000

THB

ABB Elektrik Sanayi A.S., Istanbul

Turkey

99.95

13,410

TRY

ABB Ltd., Kiev

Ukraine

100.00

85,400

UAH

ABB Industries (L.L.C.), Dubai

United Arab Emirates

49.00

5,000

AED

ABB Holdings Limited, Warrington

United Kingdom

100.00

226,014

GBP

ABB Limited, Warrington

United Kingdom

100.00

120,000

GBP

ABB Holdings Inc., Cary, NC

United States

100.00

2

USD

ABB Inc., Cary, NC

United States

100.00

1

USD

Baldor Electric Company, Fort Smith, AR

United States

100.00

USD

Kuhlman Electric Corporation, Crystal Springs, MS

United States

100.00

USD

Power-One, Inc, Delaware

United States

100.00

USD

Thomas & Betts Corporation, Knoxville, TN

United States

100.00

1

USD

ABB’s operational group structure is described in the “Financial review of ABB Group” section of this Annual Report under “Operating and financial review and prospects – Organizational structure”.

Significant shareholders

Investor AB, Sweden, held 199,965,142 ABB shares as of December 31, 2014. This holding represents approximately 8.6 percent of ABB’s total share capital and voting rights as registered in the Commercial Register on that date. The number of shares held by Investor AB does not include shares held by Mr. Jacob Wallenberg, the chairman of Investor AB and a director of ABB, in his individual capacity.

BlackRock Inc., New York, U.S., disclosed that as per July 25, 2011, it, together with its direct and indirect subsidiaries, held 69,702,100 ABB shares. This holding represents 3.0 percent of ABB’s total share capital and voting rights as registered in the Commercial Register on December 31, 2014. For a full review of the disclosure report pursuant to which BlackRock reported its ABB shareholdings, please refer to the search facility of the SIX Swiss Exchange Disclosure Office.

To the best of ABB’s knowledge, no other shareholder held 3 percent or more of ABB’s total share capital and voting rights as registered in the Commercial Register on December 31, 2014.

Under ABB’s Articles of Incorporation, each registered share represents one vote. Significant shareholders do not have different voting rights.

To our knowledge, we are not directly or indirectly owned or controlled by any government or by any other corporation or person.