August 2021 HR Lineup

Introducing the first set of core HR procedures, which are effective July 1, 2021

People Development policy • Open Job Market procedure makes all vacant positions, including senior leadership positions, visible across ABB globally. It enables employees to drive their careers by applying for vacancies at any time Performance & Reward policy • People Performance Management procedure describes the minimum requirements for each of the core components of People Performance Management at ABB • Short-Term Incentive procedure sets out the types of Short-Term Incentive plans and describes the minimum mandatory rules for designing and implementing them in terms of employee participation, application for specific employment situations and the calculation of awards • Job Evaluation procedure describes the principles of job evaluation, outlines ABB’s job evaluation methodology, ex- plains when and how it is applied and states the governance for setting grades Coming soon… Additional core HR procedures will be introduced over the next few months and will include the following.

Performance & Reward policy • Compensation structure procedure sets the principles behind the design of ABB’s compensation structures, the basic framework that applies to all countries, as well as the key directions on adherence • Salary planning and review procedure defines the directions for carrying out salary actions in alignment with ABB’s principles for salary review, and describes the key concepts and processes associ- • One-time grants or awards procedure describes the core requirements related to defined types of special one-time grants, explains when each type of such grant can be used and describes further implications. Please take the time to familiarize yourself with the core HR policies and procedures under the HR section of the ABB governance portal. If you have further questions, contact your HR Business Partner. ated with salary reviews, including salary planning and salary ranges