ABB Ltd (STU:ABJA)

€ 49.045 -2.265 (-4.46%) Market Cap: 90.28 Bil Enterprise Value: 93.66 Bil PE Ratio: 26.43 PB Ratio: 7.46 GF Score: 80/100

Abb Ltd Extraordinary Shareholders Meeting Transcript

Sep 07, 2022 / 08:30AM GMT

Release Date Price: €26.54 (-0.72%)

Transcript

Peter Robert Voser

ABB Ltd - Independent Chairman of the Board

[Interpreted] Shareholders, ladies and gentlemen, greetings. Good morning. It's great to be able to meet again in person here in Oerlikon. We haven't been able to meet in person for the past 2 years, and it's really great to have a face-to-face meeting again.

We also have colleagues watching us over the Internet, and I would like to extend a warm welcome to them as well. I'm also very pleased to welcome my colleagues from the Board of Directors and the Group Executive Committee, and I would like to welcome them very cordially as well.

I finally welcome Oliver Riemenschneider, who is the designated Chairman of Accelleron Industries Limited. It is through this entity that we wish to spin off our Turbocharging business. Today's Extraordinary General Meeting will decide about this proposal.

Allow me to say a few words about safety, and I will then present the other persons subsequent to that. In the event of an alarm, please follow precisely the instructions of the personnel identified with either yellow or orange

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