Empowering

Health

A N N U A L R E P O R T 2 0 2 1

INTRODUCTION

At Abbott, our leadership position comes from the power of vision, innovation, and commitment - continuous threads that run through our history, not just globally, but here in Pakistan throughout our 73 years' presence. Today this power of leadership continues to drive our focus to deliver more and better outcomes for people across the nation and thereby address some of the most pressing health challenges here in Pakistan.

CONTENTS

Corporate Information

Senior Management Team

CEO's Message

Corporate Structure

Ownership and Operating Structure

Composition of Local versus Imported Materials

Our Vision and Our Mission

Our Values

Key Performance Indicators

Abbott Today

Awards and Recognitions

Shaping the Future of Healthcare

04

05

06

08

Product Launches

17

09

Abbott Leading

20

Value Chain

22

09

Business Model - Integrated

10

Reporting Framework

24

11

History Timeline

26

12

Geographical Presence

28

13

Abbott Pakistan at a Glance

30

14

Established Pharmaceuticals

32

16

Nutrition

34

Diagnostics

36

Diabetes Care

38

Objectives and Strategies

40

Analysis of Non-Financial

Performance against

Indicators

42

Risk Management at Abbott

45

Key Risks and Opportunities

Report

46

Significant Factors affecting the

External Environment and the

Organisation's Response

48

Corporate Social Responsibility

50

Environment, Health and Safety

52

Social and Environmental

Responsibility Policy

54

Human Resources

56

Quality Assurance

60

Ethics and Compliance

62

Corporate Governance

64

Supporting Our Communities

72

Our Citizenship and Sustainability

Priorities

76

Integrated Reporting Framework

82

Unreserved Statement of

Compliance to International

Financial Reporting Standards

83

Audit Committee Report

84

Directors' Profile

86

Brief Terms of Reference of

Board Committees

88

Board Committees Attendance

89

Forward Looking Statement

90

Review Report by the Chairman

92

Review Report by the Chairman

(Urdu)

93

Directors' Report

94

Directors' Report (Urdu)

105

2021 Financial Report

106

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Disclaimer

Abbott Laboratories Pakistan Ltd. published this content on 24 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2022 09:37:00 UTC.