ABB Ltd

ABB's Annual Report filed with the SEC for fiscal year 2020 states: "In 2018, certain non-U.S. subsidiaries of ABB, in accordance with applicable laws, provided electrical equipment, automation systems and on-site services to OEMs, distributors, panel builders, EPC contracting companies and other customers for Iranian business. ABB discontinued its Iranian business on November 4, 2018. ABB is completing minor work on a long-term contract which is being performed in line with applicable sanctions. The revenues attributable to these products and services in 2020 amounted to approximately $2 million." (https://global.abb/content/dam/abb/global/group/investors/results-and-reports/2020/abb-ltd-2020-form-20f.pdf)

The Iranian firm, Raya Tosee Tajhiz Paya (“Raya Tosee”), claims to be an authorized agent of ABB in Iran.  (Raya Tosee Website, “Home.”).  (http://rttpaya.com/en/)

According to its website, Amitis is an authorized representative for ABB in Iran. (http://amitistech.com/abb-instruments-tools).

"The company was reported as potentially seeking business opportunities in Iran In 2018 CalPERS designated the company as under review. In 2019 CalPERS changed the designation to “being monitored” because CalPERS’ initial screening has not identified the company as having involvement in the regions and/or activities targeted by the Act. CalPERS has maintained the company in “monitor” status for 2020. CalPERS continues to monitor the company for possible changes in status relevant to the Act." (https://www.calpers.ca.gov/docs/forms-publications/iran-sudan-divestment-2020.pdf)

ABB is featured on the website of the Iranian firm, DIBAGARAN FARAYAND (DIFACO). (http://www.difaco.com/index.php/brands)

According to the company's website location map, they are no longer located in Iran. (https://new.abb.com/locations/map)

"The U.S. Iran Threat Reduction and Syria Human Rights Act of 2012 requires U.S. listed companies to disclose information relating to certain transactions with Iran. In 2018, certain non-U.S. subsidiaries of ABB, in accordance with applicable laws, provided electrical equipment, automation systems and on-site services to OEMs, distributors, panel builders, EPC contracting companies and other customers for Iranian business. The revenues attributable to these products and services in 2018 amounted to approximately $81 million, of which $31 million is attributable to our discontinued operations. ABB discontinued its Iranian business in 2018, except for minor work on a few long-term contracts which is being performed in line with applicable sanctions." (United State Securities and Exchange Commission, "20-Form F," 3/28/2019).  (https://www.sec.gov/Archives/edgar/data/1091587/000141057819000158/maindocument001.htm)

Iranian oil, gas, petrochemical and power industries services company Petrokalooj cites ABB as a supplier on its website. (https://www.petrokalooj.com/fa/)

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