Slide 1: Q2 2026 Results
ZURICH, SWITZERLAND | JULY 16, 2026 | MORTEN WIEROD, CEO; CHRISTIAN NILSSON, CFO Q2 2026 RESULTS Record-high orders, strong operational execution and value creation through M&A
Slide 2: Important notices
— Important notices This presentation includes forward-looking There are numerous risks and uncertainties, Although ABB Ltd believes that its many of which are beyond our control, that expectations reflected in any such information and statements including could cause our actual results to differ fo
Slide 3: Q2 2026 Selected highlights
— — +28%1 Q2 2026 order growth Selected highlights +12%1 revenues 20.2% Record-high orders, strong operational execution Op. EBITA margin and value creation through M&A +90bps YoY ABB to acquire Rotork plc ABB and VoltaGrid extend collaboration on FCF to expand its offering within the power infrastr
Slide 4: Rotork aligns with ABB's purpose: value creation through M&A
— Rotork aligns with ABB’s purpose Value creation through M&A Instant Op. EBITA margin accretion • Expands ABB’s automation offering for large and complex infrastructure and industries EPS accretive in year 2 • Strengthening position at the field-device layer with a leading supplier of electric actu
Slide 5: Rotork – a strategic fit in sense-control-act automation loop
— Rotork – a strategic fit in sense-control-act automation loop The sense-control-act automation loop monitors and • Rotork’s actuators are highly complementary to ABB’s automation manages industrial processes for safer, more productive, and sustainable operations portfolio and strengthen position i
Slide 6: ABB acquiring world-class technology for electric actuation
— ABB acquiring world-class technology for electric actuation %2 of Benefits of electric actuators Hopfield revenues • Higher precision and accuracy in control of position, speed and force • Energy efficiency as consume power Smart, precise & low maintenance electric actuation only when move Electri
Slide 7: New division in Automation business area: a stronger business
— New division in A stronger business Automation business area through strategic M&A Energy Industries Process Industries Adds 12% to Automation 2025 revenues Immediate Op. EBITA margin accretion Strong service business Marine & Ports Measurement & Analytics Automation Automation 2025 2025* USD bill
Slide 8: Record orders; strength across most markets
— Notable order developments Record orders; strength across most markets comparable % YoY, unless otherwise indicated Orders +28%1 12,042 Revenues +12%1 9,475 Short-cycle Data centers & utilities 28% 8,295 12% Orders in short-cycle businesses Exceptional data center growth. 9,254 7,663 at double-dig
Slide 9: Broad-based regional strength
— Broad-based regional strength Q2 2026 regional, country orders The Americas +52% Europe +12% AMEA +12% USA +62% Germany -2% China +10% Sharp growth in AU declined on high Growth across all EL and MO comparable, while EL business areas and MO orders grew ~30% growth in double-digit base orders Cana
Slide 10: Operational EBITA +20% YoY, improved business performance
— Gross profit +13% • Gross margin declined 50 bps to 40.0%, Operational EBITA +20% YoY pressured mainly by unrealized FX and commodities derivatives Improved business performance Earnings and profitability drivers 1,925 • Primary contribution from operational leverage on higher volumes 1,598 • Addi
Slide 11: Q2 2026 Electrification
— Record orders surpassing the $7 bn mark; broad-based market strength Q2 2026 Electrification Orders $7,231 mn Revenues $5,200 mn Operational EBITA $1,301 mn, +26% YoY 24.9% 7,500 58% 70% 5,500 25% 1,400 26% 19% 23.9% 23.2% 5,000 1,050 6,000 11% 22% 35% 4,500 7% 10% 700 4,500 9% 18% 7% 4,000 350 3,
Slide 12: Q2 2026 Motion
— Strong orders, but pressure on profitability Q2 2026 Motion Orders $2,592 mn Revenues $2,217 mn Operational EBITA $413 mn, +1% YoY 30% 2,500 30% 500 22% 2,700 19.9% 20% 19.8% 20% 18.5% 2,200 2,000 3% 10% 10% 250 18% 4% 4% 1,700 -4% 1,500 -1% 0% 1,200 -10% 1,000 -10% 0 14% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q
Slide 13: Q2 2026 Automation
— Robust market; book-to-bill 1.12 Q2 2026 Automation Orders $2,454 mn Revenues $2,193 mn Operational EBITA $338 mn, +17% YoY 3,000 44% 50% 2,500 20% 400 15.4% 16% 14.8% 14.2% 30% 9% 300 2,000 7% 10% 2,000 0% 10% 200 13% -1% -14% 1,500 0% -10% 100 1,000 -30% 1,000 -10% 0 10% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 14: Free Cash Flow
— — Free Cash Flow Strong Free Cash Flow generation during the first ($ mn) half of the year 1,552 1,517 1,295 1,250 1,173 $881 mn, +$36 mn YoY 918 881 845 Drivers of Q2 increase: 652 551 • Stronger earnings from continuing operations 2024 2025 2026 Q1 Q2 Q3 Q4 12 months rolling Free Cash Flow margi
Slide 15: Outlook
— Outlook U P D AT E D Q3 2026 FY 2026 Revenues Operational EBITA % Revenues Operational EBITA % • Low- to mid-teens • Operational EBITA margin • Low double-digit to • Operational EBITA margin growth YoY in should show sequential low-teens growth YoY should improve YoY, even comparable revenues impr
Slide 16: Q&A
Q&A
Slide 17: Appendix
Appendix
Slide 18: 2026 framework
— 2026 framework Q2 26 Q3 26 20261 2026 $ mn unless otherwise stated framework framework framework Corporate and Other Operational EBITA2 (109) ~(125) ~(100) Finance net ~150 of which stranded costs4 (25) ~(25) ~(100) Effective tax rate3 ~25% Capital expenditure ~(1,000) Non-operating items: PPA-rel
Slide 19: Operational EBITA bridge
— Operational EBITA bridge Operational EBITA margin (%) 19.3% 20.2% Accretion / dilution +1.1 0.0 0.0 -0.2 (%) -218 1,925 36 -9 -4 522 1,598 Operational performance Operational EBITA $304 million ($ mn) Q2 2025 Volume/price Operations Items FX Portfolio Q2 2026 impacting changes Comparable revenues
Slide 20: AL ED ED
AL ED ED FADD ED