Company: ABBV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001558370-25-002603
Chunk: 63

Company: AbbVie Inc.
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 63
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 60 and age 62, unless the benefit is being actuarially reduced from age 65. Mr. Michael, Mr. Gonzalez, Mr. Reents, Dr. Saleki-Gerhardt, Mr. Stewart, and Mr. Richmond are eligible for early retirement benefits under the plan. |

| ● | Vested benefits accrued under the Supplemental Pension Plan may be funded through a grantor trust established by an eligible NEO. Consistent with the distribution requirements of Internal Revenue Code Section 409A and its regulations, an eligible NEO who became an officer prior to 2009 may have the entire amount of their vested plan benefits funded through a grantor trust. An eligible NEO who became an officer after 2008 may have only the vested benefits that accrue following the calendar year in which they are first elected as an officer funded through a grantor trust. |

Benefits payable under the Supplemental Pension Plan are offset by the benefits payable from the Pension Plan, calculated as if benefits under the plans commenced at the same time. The amounts paid to an eligible NEO’s Supplemental Pension Plan grantor trust to fund plan benefits are actuarially determined. The plan is designed to result in AbbVie paying the eligible NEO’s Supplemental Pension Plan benefits to the extent assets held in their trust are insufficient. PENSION BENEFITS TABLE

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 Plan Name                        | ​ 
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   Number of 
       Years 
    Credited 
 Service (#) | ​ 
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 Present     
 Value of    
 Accumulated 
 Benefit     
 ($)(1)      |          ​ | ​ 
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 ​           
 Payments    
 During Last 
 Fiscal Year 
 ($)         |         ​ 
         ​ | ​    |
|:-------------------|:--|:---------------------------------|:--|------------:|:--|:------------|-----------:|:--|:------------|----------:|:-----|
| R. Michael         | ​ | AbbVie Pension Plan              | ​ |          32 | ​ | $           |    837,276 | ​ | $           |         0 | ​    |
| ​                  | ​ | AbbVie Supplemental Pension Plan | ​ |          32 | ​ | ​