August 2022 HR Lineup

HR L I NEUP AUGUST 202 2

14

— Core HR policies, procedures and CAT HR Annual update

Core HR policies

With the introduction of the ABB Way in 2020, all Functions have set a core set of policies and procedures to align with the new operating model. Both the policies and procedures are mandatory for Corporate and all Business Areas, Divisions, and GBS. Every year, a maintenance process takes place to ensure clarity, simplicity, and con sistency. During this process, the core HR policies, supporting procedures, and the linked Corporate Authorization Table (e.g., HR section) must be checked and reviewed by the respective owners.

There are no changes to be implemented for the four core HR policies (Hire-to-Retire, Labor Relations, People Development, Per formance & Reward) this year. This means that the documents are still up-to-date with the ABB Way model.

Corporate Authorization Table (CAT)

The annual update also involves a review of the Corporate Authorization Table (CAT). The revisions to the HR section (chapter 7) mostly involved changes to the Benefits