Compensation and share ownership tables

Exhibit 19: Board compensation in 2016 and 2015 (audited)

 

 

 

 

Paid in 2016

 

 

 

 

 

Paid in 2015

 

November

 

May

 

 

November

 

May

 

 

 

Board term 2016–2017

 

Board term 2015–2016

 

Total compen­sation paid in 2016(3)

Board term 2015–2016

 

Board term 2014–2015

 

 

Name

Settled in cash(1)

Settled in shares – number of shares received(2)

 

Settled in cash(1)

Settled in shares – number of shares received(2)

 

Settled in cash(1)

Settled in shares – number of shares received(2)

 

Settled in cash(1)

Settled in shares – number of shares received(2)

 

Total compen­sation paid in 2015(3)

 

CHF

 

 

CHF

 

 

CHF

CHF

 

 

CHF

 

 

CHF

(1)

Represents gross amounts paid, prior to deductions for social security, withholding tax etc.

(2)

Number of shares per Board member is calculated based on net amount due after deductions for social security, withholding tax etc.

(3)

In addition to the Board remuneration stated in the above table, the Company paid in 2015 and 2016 CHF 461,208 and CHF 103,006 respectively, in related social security payments.

(4)

Elected as new Board member and Chairman of the Board at the ABB Ltd 2015 AGM; Chairman of the Governance & Nomination Committee for the 2015–2016 and 2016–2017 board terms; elected to receive 100 percent of his gross compensation in the form of ABB shares.

(5)

Chairman of ABB Ltd Board for the 2014–2015 board term; Member of the Governance & Nomination Committee for the 2014–2015 board term; did not stand for re-election at the ABB Ltd 2015 AGM; elected to receive 100 percent of his gross compensation in the form of ABB shares for the 2014–2015 board term.

(6)

Vice-Chairman of the ABB Ltd Board and member of the Governance & Nomination Committee for the 2015–2016 and 2016–2017 board terms; elected to receive 50 percent of his gross compensation in the form of ABB shares.

(7)

Member of the Finance, Audit & Compliance Committee; elected to receive 50 percent of his gross compensation in the form of ABB shares; died in a tragic accident in March 2016.

(8)

Member of the Governance & Nomination Committee for the 2015–2016 and 2016–2017 board terms; Member of the Finance, Audit & Compliance Committee for the 2015–2016 board term; elected to receive 50 percent of his gross compensation in the form of ABB shares.

(9)

Elected as new Board member at the ABB Ltd 2015 AGM; Member of the Compensation Committee for the 2015–2016 and 2016–2017 board terms; elected to receive 50 percent of his gross compensation in the form of ABB shares.

(10)

Elected as new Board member at the ABB Ltd 2016 AGM; Member of the Compensation Committee; elected to receive 50 percent of his gross compensation in the form of ABB shares.

(11)

Elected as new Board member at the ABB Ltd 2016 AGM; Member of the Finance, Audit & Compliance Committee; elected to receive 50 percent of her gross compensation in the form of ABB shares.

(12)

Chairman of the Finance, Audit & Compliance Committee; elected to receive 50 percent of his gross compensation in the form of ABB shares.

(13)

Elected as new Board member at the ABB Ltd 2016 AGM; Member of the Finance, Audit & Compliance Committee; elected to receive 50 percent of his gross compensation in the form of ABB shares.

(14)

Elected as new Board member at the ABB Ltd 2016 AGM; Member of the Finance, Audit & Compliance Committee; elected to receive 50 percent of his gross compensation in the form of ABB shares.

(15)

Chairman of the Compensation Committee; elected to receive 50 percent of his gross compensation in the form of ABB shares.

(16)

Chairman of the Governance & Nomination Committee and Member of the Compensation Committee until the ABB Ltd 2015 AGM; did not stand for re-election at the ABB Ltd 2015 AGM; elected to receive 50 percent of his gross compensation in the form of ABB shares for the 2014–2015 board term.

(17)

Member of the Compensation Committee; Member of the Finance, Audit & Compliance Committee for the last month of the 2015–2016 board term; elected to receive 50 percent of her gross compensation in the form of ABB shares.

Peter Voser,
Chairman 2015–2017(4)

25,960

 

30,618

 

1,200,000

32,559

 

 

600,000

Hubertus von Grünberg,
Chairman 2014–2015(5)

 

 

 

18,686

 

600,000

Jacob Wallenberg(6)

112,500

3,915

 

112,500

4,616

 

450,000

112,500

4,911

 

82,500

3,040

 

390,000

Roger Agnelli(7)

 

80,834

2,804

 

161,667

82,500

3,333

 

82,500

2,816

 

330,000

Matti Alahuhta(8)

80,000

2,784

 

90,000

3,693

 

340,000

90,000

3,929

 

80,000

2,947

 

340,000

David Constable(9)

80,000

2,784

 

80,000

3,282

 

320,000

80,000

3,229

 

 

160,000

Frederico Curado(10)

80,000

2,573

 

 

160,000

 

 

Robyn Denholm(11)

82,500

2,871

 

 

165,000

 

 

Louis R. Hughes(12)

100,000

3,480

 

100,000

4,103

 

400,000

100,000

4,365

 

100,000

3,455

 

400,000

David Meline(13)

82,500

2,871

 

 

165,000

 

 

Satish Pai(14)

82,500

2,871

 

 

165,000

 

 

Michel de Rosen(15)

87,500

3,045

 

87,500

3,590

 

350,000

87,500

3,820

 

87,500

3,224

 

350,000

Michael Treschow(16)

 

 

 

95,000

3,336

 

190,000

Ying Yeh(17)

80,000

2,616

 

81,666

3,145

 

323,333

80,000

3,281

 

80,000

2,765

 

320,000

Total

867,500

55,770

 

632,500

55,851

 

4,200,000

632,500

59,427

 

607,500

40,269

 

3,680,000

Exhibit 20: Board compensation in the Board terms 2016–2017 and 2015–2016

Name

Specific Board Roles

Board term 2016–2017

Board term 2015–2016

 

 

CHF

CHF

(1)

Final compensation paid for the 2015–2016 Board term varied slightly since Ying Yeh attended the final FACC meeting in place of Roger Agnelli.

(2)

Joined the Board at the 2016 ABB Ltd AGM.

Key:

 

CC:

Compensation Committee

FACC:

Finance, Audit & Compliance Committee

GNC:

Governance & Nomination Committee

Peter Voser

Chairman of the Board and Chairman of GNC

1,200,000

1,200,000

Jacob Wallenberg

Vice-Chairman of the Board and GNC member

450,000

450,000

Roger Agnelli(1)

FACC member 2015–2016

330,000

Matti Alahuhta

GNC member 2016–2017; GNC and FACC member 2015–2016

320,000

360,000

David Constable

CC member

320,000

320,000

Frederico Curado(2)

CC member 2016–2017

320,000

Robyn Denholm(2)

FACC member 2016–2017

330,000

Louis R. Hughes

Chairman of FACC

400,000

400,000

David Meline(2)

FACC member 2016–2017

330,000

Satish Pai(2)

FACC member 2016–2017

330,000

Michel de Rosen

Chairman of CC

350,000

350,000

Ying Yeh(1)

CC member

320,000

320,000

Total

 

4,670,000

3,730,000

Exhibit 21: EC compensation in 2016 (audited)

Name

Base
salary

Short-term
variable
compen­sation(1)

Pension
benefits

Other
benefits(2)

2016
Total cash-based compen­sation(3)

Estimated value of share-based grants under the LTIP in 2016(4)

2016
Total (incl. conditional share-based grants)(5)

 

CHF

CHF

CHF

CHF

CHF

CHF

CHF

(1)

Represents accrued short-term variable compensation for the year 2016 for all EC members, which will be paid in 2017, after the publication of ABB’s financial results. Short-term variable compensation is linked to the objectives defined in each EC member’s scorecard. Upon full achievement of these objectives, the short-term variable compensation of the CEO corresponds to 150 percent of his base salary, while for each other EC member it represents 100 percent of their respective base salary.

(2)

Other benefits comprise payments related to social security, health insurance, children’s education, transportation, tax advice and certain other items.

(3)

Prepared on an accruals basis.

(4)

On the day of vesting (June 6, 2019), the value of the share-based awards granted under the LTIP may vary from the above amounts due to changes in ABB’s share price and the outcome of the performance parameters. The LTIP is also subject to service conditions. The estimated values have been calculated using the market value of the ABB share on the day of grant and the Monte Carlo simulation model.

(5)

In addition to the total compensation of current EC members, Veli-Matti Reinikkala received CHF 2,055,537 representing contractual obligations of ABB for the period January– September 2016. Payments totaling CHF 11,535 were made in 2016 on behalf of certain other former EC members for tax advice.

(6)

The increase in pension benefits is the result of a review of the EC’s pension arrangements during 2015.

(7)

Other benefits of Jean-Christophe Deslarzes in 2016 went up primarily due to payment of social security premiums related to the vesting in November 2016 of the first tranche of his one-time replacement share grant.

(8)

Other benefits of Diane de Saint Victor in 2015 compared to 2016 were significantly higher because they included social security premiums related to the vesting on December 31, 2015 of her one-time special share grant.

(9)

Frank Duggan received 20 percent of his base salary in AED and 80 percent in EUR. The company purchased EUR with AED to meet this obligation.

(10)

Greg Scheu received 100 percent of his base salary in USD. All USD amounts were converted into Swiss francs using a rate of CHF 1.02135 per USD. Other benefits of Greg Scheu in 2015 were substantially higher compared to 2016, because they also contained social security and pension premium payments related to 2014.

Ulrich Spiesshofer(6)

1,641,669

2,583,900

613,799

791,109

5,630,477

3,654,137

9,284,614

Eric Elzvik

850,007

827,050

274,835

332,831

2,284,723

843,920

3,128,643

Jean-Christophe Deslarzes(7)

911,677

971,520

261,986

572,775

2,717,958

1,169,063

3,887,021

Diane de Saint Victor(8)

1,000,001

1,062,000

295,325

300,410

2,657,736

992,853

3,650,589

Frank Duggan(9)

686,042

715,540

342,359

613,772

2,357,713

997,526

3,355,239

Greg Scheu(10)

837,507

791,840

248,397

128,055

2,005,799

896,680

2,902,479

Sami Atiya (EC member as of June 14, 2016)(6)

387,122

373,858

213,242

292,415

1,266,637

745,453

2,012,090

Tarak Mehta(6)

852,672

876,340

461,050

550,482

2,740,544

948,223

3,688,767

Bernhard Jucker(6)

1,015,008

1,099,560

549,075

511,451

3,175,094

1,124,633

4,299,727

Claudio Facchin(6)

770,837

771,540

442,172

507,909

2,492,458

991,170

3,483,628

Peter Terwiesch

729,175

748,965

243,558

179,954

1,901,652

933,992

2,835,644

Pekka Tiitinen (EC member until September 30, 2016)

543,759

543,750

179,184

405,585

1,672,278

1,672,278

Total Executive Committee members

10,225,476

11,365,863

4,124,982

5,186,748

30,903,069

13,297,650

44,200,719

Exhibit 22: EC compensation in 2015 (audited)

Name

Base salary

Short-term variable compen­sation(1)

Pension benefits

Other benefits(2)

2015
Total cash-based compen­sation(3)

Estimated value of share-based grants under the LTIP in 2015(4)

2015
Total (incl. conditional share-based grants)(5)

 

CHF

CHF

CHF

CHF

CHF

CHF

CHF

(1)

Represents accrued short-term variable compensation for the year 2015 for all EC members, which will be paid in 2016, after the publication of ABB’s financial results. Short-term variable compensation is linked to predefined Group-wide and individual performance objectives defined in the ABB scorecard. Upon full achievement of these objectives, the short-term variable compensation of the CEO corresponds to 150 percent of his base salary, while for all other EC members it represents 100 percent of their respective base salary.

(2)

Other benefits may include payments related to social security, health insurance, children’s education, transportation, tax advice and certain other items.

(3)

Prepared on an accruals basis.

(4)

On the day of vesting (June 5, 2018), the value of the share-based awards granted under the LTIP may vary from the above amounts due to changes in ABB’s share price and the outcome of the performance parameters. The LTIP is also subject to service conditions. The estimated values have been calculated using the market value of the ABB share on the day of grant and additionally, in the case of the performance component P2 of the LTIP, the Monte Carlo simulation model.

(5)

In addition to the total compensation of current EC members, payments totaling CHF 8,169 were made in 2015 on behalf of certain former EC members for tax advice.

(6)

The increase in pension benefits is the result of a review of the CEO’s pension arrangements during the second half of 2015.

(7)

Frank Duggan received 20 percent of his base salary in AED and 80 percent in EUR. The company purchased EUR with AED to meet this obligation. The variance in base salary between 2014 and 2015 primarily relates to exchange rate movements between EUR and AED.

(8)

Greg Scheu received 100 percent of his base salary in USD. All USD amounts were converted into Swiss francs using a rate of CHF 0.9892 per USD. The pension benefits in 2015 are higher than 2014 as they represent contributions made in 2015 for both 2015 and 2014. Other benefits include CHF 269,000 of social security contributions in respect of 2014.

Ulrich Spiesshofer(6)

1,600,004

2,544,000

408,448

780,735

5,333,187

3,765,554

9,098,741

Eric Elzvik

850,007

856,800

270,335

349,021

2,326,163

974,264

3,300,427

Jean-Christophe Deslarzes

866,669

995,280

257,319

377,786

2,497,054

1,122,174

3,619,228

Diane de Saint Victor

1,000,001

1,002,000

293,177

674,074

2,969,252

1,005,044

3,974,296

Frank Duggan(7)

664,632

708,890

336,122

591,990

2,301,634

1,012,539

3,314,173

Greg Scheu(8)

808,012

823,352

360,922

598,259

2,590,545

1,001,756

3,592,301

Pekka Tiitinen

720,844

720,650

234,266

218,550

1,894,310

935,163

2,829,473

Tarak Mehta

813,345

831,504

242,003

446,628

2,333,480

935,304

3,268,784

Veli-Matti Reinikkala

782,507

787,355

281,522

338,704

2,190,088

788,953

2,979,041

Bernhard Jucker

986,505

1,056,330

295,325

392,338

2,730,498

1,134,740

3,865,238

Claudio Facchin

720,844

783,725

243,266

336,543

2,084,378

935,163

3,019,541

Peter Terwiesch

700,001

692,300

238,037

227,994

1,858,332

802,333

2,660,665

Total Executive
Comittee members

10,513,371

11,802,186

3,460,742

5,332,622

31,108,921

14,412,987

45,521,908

Exhibit 23: LTIP grants in 2016 (audited)

Name

Reference number of shares under the performance component P1 of the 2016 launch of the LTIP(1)

Total estimated value of share-based grants under the performance component P1 of the 2016 launch of the LTIP(1),(2),(4)

Reference number of shares under the performance component P2 of the 2016 launch of the LTIP(1)

Total estimated value of share-based grants under the performance component P2 of the 2016 launch of the LTIP(1),(2),(4)

Total number of shares granted under the 2016 launch of the LTIP(1)

Total estimated value of share-based grants under the LTIP in 2016(2),(3),(4)

 

 

CHF

 

CHF

 

CHF

(1)

Vesting date June 6, 2019.

(2)

The estimated value of the shares of the P1 component represents the fair value of the ABB shares on the grant date of the award multiplied by the respective number of reference shares.

(3)

The reference number of shares of the performance component P2 are valued using the fair value of the ABB shares on the grant date and the Monte Carlo simulation model.

(4)

The LTIP foresees delivering 70 percent of the value of vested performance shares (both performance components P1 and P2), if any, in shares and the remainder in cash. However, upon vesting participants have the possibility to elect to receive 100 percent of the vested award in shares. The plan foresees a maximum payout of 200 percent of the number of reference shares granted under the P2 component, based on the weighted cumulative EPS performance against predefined objectives.

(5)

In addition to the above awards, seven members of the EC participated in the 13th launch of the ESAP in 2016, which will allow them to save over a 12-month period and, in November 2017, use their savings to acquire ABB shares under the ESAP. Each EC member who participated in ESAP will be entitled to acquire up to 500 ABB shares at an exercise price of CHF 20.12 per share.

Ulrich Spiesshofer(5)

94,076

1,945,492

81,805

1,708,645

175,881

3,654,137

Eric Elzvik

18,037

373,006

22,546

470,914

40,583

843,920

Jean-Christophe Deslarzes(5)

31,884

659,362

24,403

509,701

56,287

1,169,063

Diane de Saint Victor(5)

21,220

438,830

26,525

554,023

47,745

992,853

Frank Duggan(5)

27,206

562,621

20,822

434,905

48,028

997,526

Greg Scheu

21,572

446,109

21,572

450,571

43,144

896,680

Sami Atiya (EC member as of June 14, 2016)

19,125

376,380

18,568

369,073

37,693

745,453

Tarak Mehta(5)

22,812

471,753

22,812

476,470

45,624

948,223

Bernhard Jucker(5)

27,056

559,519

27,056

565,114

54,112

1,124,633

Claudio Facchin

27,032

559,022

20,690

432,148

47,722

991,170

Peter Terwiesch(5)

25,473

526,782

19,496

407,210

44,969

933,992

Total Executive Committee members as of December 31, 2016

335,493

6,918,876

306,295

6,378,774

641,788

13,297,650

Exhibit 24: LTIP grants in 2015 (audited)

Name

Reference number of shares under the performance component P1 of the 2015 launch of the LTIP(1)

Total estimated value of share-based grants under the performance component P1 of the 2015 launch of the LTIP(1),(2),(4)

Reference number of shares under the performance component P2 of the 2015 launch of the LTIP(1)

Total estimated value of share-based grants under the performance component P2 of the 2015 launch of the LTIP(1),(3),(4)

Total number of shares granted under the 2015 launch of the LTIP(1),(4)

Total estimated value of share-based grants under the LTIP in 2015(2),(3)

 

 

CHF

 

CHF

 

CHF

(1)

Vesting date June 5, 2018.

(2)

The estimated value of the shares of the P1 component represents the market value of the ABB share on the grant date of the award multiplied by the respective number of reference shares.

(3)

The shares of the performance component P2 are valued using the market value of the ABB share on the grant date of the award and the Monte Carlo simulation model.

(4)

The LTIP foresees delivering 30 percent of the value of vested shares (both performance components P1 and P2), if any, in cash. However, upon vesting participants have the possibility to elect to receive 100 percent of the vested award in shares. The plan foresees a maximum payout of 200 percent of the number of reference shares granted under the P2 component, based on the weighted cumulative EPS performance against predefined objectives.

(5)

In addition to the above awards, seven members of the EC participated in the 12th launch of the ESAP in 2015, which will allow them to save over a 12month period and, in November 2016, use their savings to acquire ABB shares under the ESAP. Each EC member who participated in ESAP will be entitled to acquire up to 530 ABB shares at an exercise price of CHF 18.78 per share.

Ulrich Spiesshofer(5)

94,072

2,026,311

78,393

1,739,243

172,465

3,765,554

Eric Elzvik(5)

22,281

479,933

22,281

494,331

44,562

974,264

Jean-Christophe Deslarzes(5)

28,608

616,217

22,805

505,957

51,413

1,122,174

Diane de Saint Victor(5)

19,660

423,477

26,213

581,567

45,873

1,005,044

Frank Duggan

25,813

556,013

20,577

456,526

46,390

1,012,539

Greg Scheu

25,538

550,089

20,358

451,667

45,896

1,001,756

Pekka Tiitinen(5)

23,840

513,514

19,005

421,649

42,845

935,163

Tarak Mehta(5)

21,390

460,741

21,390

474,563

42,780

935,304

Veli-Matti Reinikkala

15,433

332,427

20,577

456,526

36,010

788,953

Bernhard Jucker(5)

25,951

558,985

25,951

575,755

51,902

1,134,740

Claudio Facchin

23,840

513,514

19,005

421,649

42,845

935,163

Peter Terwiesch

18,349

395,238

18,349

407,095

36,698

802,333

Total Executive Committee
members as of December 31, 2015

344,775

7,426,459

314,904

6,986,528

659,679

14,412,987

Exhibit 25: Board ownership of ABB shares (audited)

Total number of shares held

Name

December 31, 2016

December 31, 2015

(1)

Includes 2,000 shares held by spouse.

(2)

Does not include shares beneficially owned by Investor AB, of which Mr. Wallenberg is Chairman.

(3)

First elected to the Board at the ABB Ltd AGM in 2016.

(4)

Includes 3,150 shares held by spouse.

Peter Voser(1)

102,137

45,559

Jacob Wallenberg(2)

202,190

193,659

Roger Agnelli

176,820

Matti Alahuhta

31,265

24,788

David Constable

9,295

3,229

Frederico Curado(3)

2,573

Robyn Denholm(3)

2,871

Louis R. Hughes

53,145

80,562

David Meline(3),(4)

6,021

Satish Pai(3)

2,871

Michel de Rosen

79,443

146,646

Ying Yeh

30,518

25,016

Total

522,329

696,279

Exhibit 26: EC ownership of ABB shares and options as of December 31, 2016 (audited)

 

 

 

Vested at December 31, 2016

 

Unvested at December 31, 2016

Name

Total number of shares held at December 31, 2016

 

Number of vested options held under the MIP(1)

 

Retention shares deliverable under the 2014 retention component of the LTIP(2)

Reference number of shares deliverable under the 2015 performance components (P1 and P2) of the LTIP(2)

Reference number of shares deliverable under the 2016 performance components (P1 and P2) of the LTIP(2)

Replacement share grant for foregone benefits from former employer(3)

 

 

 

 

 

(vesting 2017)

(vesting 2018)

(vesting 2019)

(vesting 2018)

(1)

Options may be sold or exercised/converted into shares at the ratio of 5 options for 1 share.

(2)

Upon vesting, the LTIP foresees delivering 70 percent of the value of the vested shares under the retention component (LTIP 2014) and performance components (P1 and P2 of LTIP 2015 and 2016) in shares and the remainder in cash. However, participants have the possibility to elect to receive 100 percent of the vested award in shares.

(3)

The Replacement share grant foresees delivering 30 percent of the value of the vested shares in cash. However, the participant has the possibility to elect to receive 100 percent of the vested award in shares.

Ulrich Spiesshofer

344,454

 

 

93,846

172,465

175,881

Eric Elzvik

71,369

 

408,875

 

30,549

44,562

40,583

Jean-Christophe Deslarzes

74,767

 

 

30,549

51,413

56,287

65,819

Diane de Saint Victor

507,824

 

 

35,940

45,873

47,745

Frank Duggan

158,528

 

 

27,548

46,390

48,028

Greg Scheu

101,250

 

221,375

 

26,159

45,896

43,144

Sami Atiya (EC member as of June 14, 2016)

 

 

37,693

Tarak Mehta

134,449

 

 

34,677

42,780

45,624

Bernhard Jucker

293,771

 

 

40,750

51,902

54,112

Claudio Facchin

63,795

 

 

31,083

42,845

47,722

Peter Terwiesch

46,312

 

 

16,457

36,698

44,969

Total Executive Committee members as of December 31, 2016

1,796,519

 

630,250

 

367,558

580,824

641,788

65,819

Exhibit 27: EC ownership of ABB shares and options as of December 31, 2015 (audited)

 

 

 

Vested at December 31, 2015

 

Unvested at December 31, 2015

 

Total number of shares held at December 31, 2015

 

Number of vested options held under the MIP(1)

 

Retention shares deliverable under the 2013 retention component of the LTIP(2)

Retention shares deliverable under the 2014 retention component of the LTIP(2)

Reference number of shares deliverable under the 2015 performance components (P1 and P2) of the LTIP(2)

Replacement share grant for foregone benefits from former employer(3)

Name

 

 

 

 

(vesting 2016)

(vesting 2017)

(vesting 2018)

(vesting 2016 and 2018)

(1)

Options may be sold or exercised/converted into shares at the ratio of 5 options for 1 share.

(2)

Upon vesting, the LTIP foresees delivering 30 percent of the value of the vested shares under the retention component (LTIP 2013 and 2014) and performance components (P1 and P2 of LTIP 2015) in cash. However, participants have the possibility to elect to receive 100 percent of the vested award in shares.

(3)

The Replacement share grant foresees delivering 30 percent of the value of the vested shares in cash. However, the participant has the possibility to elect to receive 100 percent of the vested award in shares.

Ulrich Spiesshofer

289,048

 

 

78,395

93,846

172,465

Eric Elzvik

23,768

 

710,125

 

27,071

30,549

44,562

Jean-Christophe Deslarzes

 

 

27,071

30,549

51,413

144,802

Diane de Saint Victor

475,446

 

 

31,848

35,940

45,873

Frank Duggan

132,896

 

 

25,632

27,548

46,390

Greg Scheu

83,901

 

221,375

 

24,830

26,159

45,896

Pekka Tiitinen

21,000

 

221,375

 

22,294

25,158

42,845

Tarak Mehta

115,977

 

 

25,632

34,677

42,780

Veli-Matti Reinikkala

202,175

 

 

9,810

27,674

36,010

Bernhard Jucker

267,848

 

 

37,033

40,750

51,902

Claudio Facchin

41,501

 

 

22,294

31,083

42,845

Peter Terwiesch

30,393

 

250,000

 

15,919

16,457

36,698

Total Executive Committee members as of December 31, 2015

1,683,953

 

1,402,875

 

347,829

420,390

659,679

144,802

Exhibit 28: EC ownership of WARs and conditionally granted ABB shares (all cash-settled) as of December 31, 2016 (audited)

 

Vested at December 31, 2016

 

Unvested at December 31, 2016

Name

Number of fully vested WARs held under the MIP

 

Reference number of shares under the performance component of the 2014 launch of the LTIP

 

 

 

(vesting 2017)

Ulrich Spiesshofer

 

51,489

Eric Elzvik

 

17,147

Jean-Christophe Deslarzes

 

17,147

Diane de Saint Victor

 

20,173

Frank Duggan

 

15,463

Greg Scheu

 

14,684

Sami Atiya (EC member as of June 14, 2016)

 

Tarak Mehta

 

16,139

Bernhard Jucker

 

19,548

Claudio Facchin

 

14,122

Peter Terwiesch

 

10,292

Total Executive Committee members as of December 31, 2016

 

196,204

Exhibit 29: EC ownership of WARs and conditionally granted ABB shares (all cash-settled) as of December 31, 2015 (audited)

 

Vested at December 31, 2015

Unvested at December 31, 2015

Name

Number of fully vested WARs held under the MIP

Reference number of shares under the performance component of the 2013 launch of the LTIP

Reference number of shares under the performance component of the 2014 launch of the LTIP

 

 

(vesting 2016)

(vesting 2017)

Ulrich Spiesshofer

50,024

51,489

Eric Elzvik

16,659

17,147

Jeane-Christophe Deslarzes

16,659

17,147

Diane de Saint Victor

19,599

20,173

Frank Duggan

15,023

15,463

Greg Scheu

14,553

14,684

Pekka Tiitinen

13,720

14,122

Tarak Mehta

15,023

16,139

Veli-Matti Reinikkalla

15,091

15,534

Bernhard Jucker

18,992

19,548

Claudio Facchin

287,500

13,720

14,122

Peter Terwiesch

10,007

10,292

Total Executive Committee members as of December 31, 2015

287,500

219,070

225,860