Company: ABBV
Filing Date: 2025-06-13
Form Type: 11-K
Source: 0001104659-25-059360
Chunk: 18

Company: AbbVie Inc.
Filing Date: 2025-06-13
Form: 11-K
Chunk 18
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 | 3 | % |
| 40-49                                         |     |                         | 4 | % |
| 50-59                                         |     |                         | 5 | % |
| 60-69                                         |     |                         | 6 | % |
| 70 or more                                    |     |                         | 7 | % |

Employer contributions are invested according to the employee’s
investment elections.

The Plan offers a variety of investment options,
including AbbVie common shares. AbbVie was established by the January 1, 2013 separation of Abbott Laboratories (“Abbott”)
into two publicly traded companies. The separation was a tax-free distribution where Abbott shareholders received one share of AbbVie
stock for every share of Abbott held 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.

<div align='center'>8</div>

AbbVie Puerto Rico 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                 |