ABB Shareholders in Sweden Can Receive Dividend in Swedish Krona via Dividend Access Facility

ABB Shareholders in Sweden Can Receive Dividend in Swedish Krona via Dividend Access Facility

(IN BRIEF) ABB shareholders who are tax-resident in Sweden and hold shares registered with Euroclear Sweden can opt to receive their dividend in Swedish kronor through the Dividend Access Facility (DAF), avoiding Swiss withholding tax. The application period for the 2025 DAF runs from March 3 to March 18, with automatic registration for those who participated in 2024. Pending approval at ABB’s Annual General Meeting on March 27, 2025, the dividend is expected to be paid on April 4, 2025, in Swedish kronor based on the CHF/SEK exchange rate as of March 28, 2025. The dividend will be taxed according to Swedish tax regulations.

(PRESS RELEASE) ZURICH, 4-Mar-2025 — /EuropaWire/ — ABB shareholders who are tax-resident in Sweden and hold their ABB Ltd shares with Euroclear Sweden have the opportunity to receive their dividend in Swedish kronor, free from Swiss withholding tax, by participating in the Dividend Access Facility (DAF).

Starting March 3 through March 18, 2025, eligible shareholders can apply to participate in the DAF. Shareholders who took part in ABB’s DAF in 2024 will automatically be registered for the 2025 DAF.

Pending approval of the dividend at ABB’s Annual General Meeting on March 27, 2025, the dividend under the DAF is scheduled to be paid on April 4, 2025.

The dividend will be paid in Swedish kronor via Euroclear Sweden and will be equivalent to the dividend ABB Ltd distributes in Swiss francs, calculated using the CHF/SEK exchange rate on March 28, 2025. The payment will be subject to Swedish tax regulations applicable to each individual or entity.

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

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SOURCE: ABB