We refer to the announcements dated 27 April 2020 and 30 April 2020 in relation to the application of the proposed waiver to comply with Paragraph 8.26(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“MMLR”) for the revision of the quantum of interim dividend from 7.0 sen to 5.0 sen per share for the financial year ended 31 December 2019 (“FYE 2019”) (“Proposed Waiver”).

ABB wishes to inform that Bursa Securities has, via its letter dated 6 May 2020, resolved not to approve the application for the Proposed Waiver.

In view of the said decision from Bursa Securities, ABB has resolved to reinstate the interim dividend to 7.0 sen per share. This is in line with the quantum of the proposed final dividend announced on 27 February 2020 under Section B9 of the unaudited fourth quarter results for the FYE 2019 and the provisions of the MMLR.

Further announcement will be made in due course upon finalisation of the details of the interim dividend.

This announcement is dated 6 May 2020.