Dear Valued Customer,

Thank you for your long-term trust and support of ABB products.

In recent months, the global power industry has been experiencing sustained volatility and sharp price increases in key raw material markets, placing unprecedented cost pressure across the entire industry chain. Among them, the prices of major metals closely related to the energy industry—such as copper and silver—have risen significantly. Since January 1, 2025, copper prices on the London Metal Exchange (LME) have increased by approximately 50%, while silver prices have surged by more than 200%.

As copper and silver are critical raw materials for circuit breakers, industrial control products, and other power components, their price fluctuations directly affect product performance stability, safety, and manufacturing costs. The rapid rise in raw material prices has had a substantial impact on our production costs.

To ensure the continuous supply of high-performance, high-quality products and services, and to avoid any compromise in product quality or delivery schedules due to cost pressures, the company has carefully evaluated the situation and decided to adjust the prices of Smart Power and Smart Building products.

The price adjustment will range from 6% to 10%, depending on the specific product model (special products may be subject to different adjustments).

The new prices will take effect from January 19, 2026.

Orders placed before January 19, 2026 will be executed at the original prices and delivered according to the normal delivery schedule. Orders generated on or after January 19, 2026 will be subject to the new pricing.

The specific price adjustments for each product line are listed below:

(Note: The specific product lines involved in the price adjustment include, but are not limited to, those shown in the figure. The price adjustment range for some products that are entering the phase-out period may differ from that shown in the figure. Please refer to the company's order system for the specific details.)

We sincerely appreciate your understanding and continued support. Should you have any questions regarding this adjustment, please feel free to contact us.

January 16, 2026