Company: ABBV
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001558370-25-003537
Chunk: 29

Company: AbbVie Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 29
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 price performance. Comparison of Cumulative Total Stockholder Return – Last Ten Years STOCKHOLDER ENGAGEMENT 2024 Say on Pay Results

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| At our 2024 Annual Meeting, the say on pay proposal received support from 91.8% of our stockholders. The Board and compensation committee are encouraged by the continued, consistent stockholder support for our executive compensation program. |   |   | 91.8%              
 Say on Pay Results |
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AbbVie is committed to regular, ongoing engagement with stockholders to ensure that we continue to understand stockholder feedback about our compensation program and incorporate that feedback into the compensation decision-making process. To that end, in 2024 AbbVie reached out to stockholders representing over 45% of the company’s outstanding shares. In these discussions, the aggregate feedback acknowledged the alignment of our executives’ pay with AbbVie’s performance and expressed support for our compensation program, consistent with the level of stockholder support for our say on pay proposals since inception. The feedback informs the compensation committee’s continuous assessment of the program design and ongoing discussions with stockholders, which contribute to the evolution of the programs.

2025 Proxy Statement |37

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| EXECUTIVE COMPENSATION | ​ |

COMPENSATION PROGRAM GOVERNANCE SUMMARY In addition to strong alignment of pay with the performance of the company and our NEOs, we maintain and are committed to good governance practices, including the following:

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| ​ | Good Governance Practices                     |                                                                                                                                                                                                   |
| ​ | Balanced Incentive Plan Design                | ✓Annual incentive plan includes financial, operational, and strategic metrics to assess performance                                                                                               
 ✓Annual incentive payout matrix used to define and cap the range for the committee’s determinations (at or below the plan maximum of 200% of target with a 2024 payout matrix cap of 190%)        
 ✓Long-term incentive design emphasizing multiple, relative performance metrics and multi-year performance periods                                                                                 
 ✓No duplication of performance metrics in short- and long-term incentives                                                                                                                         |
| ​ | Pay Equity and Sustainability                 | ✓Commitment to pay equity and annual pay equity analyses to ensure pay is equitable across genders and ethnicities among U.S. employees                                                           
 ✓Incorporation of ESG into the strategic/leadership goals within the annual incentive plan                                                                                                        |
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