Company: ABBV
Filing Date: 2025-06-13
Form Type: 11-K
Source: 0001104659-25-059360
Chunk: 6

Company: AbbVie Inc.
Filing Date: 2025-06-13
Form: 11-K
Chunk 6
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 as of the close of business on December 12, 2012, the record date for the distribution. Effective
January 1, 2013, AbbVie participants may no longer make new contributions or transfer funds to purchase Abbott stock in the Plan; however,
they may continue to hold Abbott stock in their Plan accounts.

Cash dividends on shares of AbbVie common shares
are (1) paid in cash to the participants or beneficiaries, (2) paid to the Plan and distributed in cash to participants or beneficiaries
no later than 90 days after the close of the Plan year in which paid or (3) paid to the Plan and credited to the applicable accounts in
which shares are held, as elected by each participant or beneficiary in accordance with rules established by the Plan administrator.

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AbbVie Savings Plan

NOTES TO FINANCIAL STATEMENTS - CONTINUED

December 31, 2024 and 2023

NOTE A - DESCRIPTION OF THE PLAN - Continued

Contributions and Vesting - Continued

Participants are at all times fully vested in their own contributions
and earnings thereon. Vesting in employer matching contributions is based on the following vesting schedule:

|                           |     | Vesting    |     |   |
| Years of Credited Service |     | Percentage |     |   |
| Less than 2 years         |     |            |   0 | % |
| 2 years or more           |     |            | 100 | % |

Vesting in the annual employer contribution for
ASP+ participants is based on the following vesting schedule:

|                           |     | Vested     |     |   |
| Years of Credited Service |     | Percentage |     |   |
| Less than 1               |     |            |   0 | % |
| 1                         |     |            |  20 | % |
| 2                         |     |            |  40 | % |
| 3                         |     |            |  60 | % |
| 4                         |     |            |  80 | % |
| 5 or more                 |     |            | 100 | % |

Non-vested portions of employer contributions
and earnings thereon are forfeited upon the earlier of (a) the date of distribution of the vested portion of the participant’s full
balance or (b) the date on which the participant incurs five consecutive “break