探索日立能源

探索日立能源2Hitachi’smission&values–unchangedsinceourfoundingOurvaluesHarmony

Sincerity

PioneeringSpiritTogethertheseholdourresponsibilitytodeliverrealandpositiveimpactAndtoacceleratethemovetoathrivingandsustainablesocietyOurMissionContributetosocietythroughthedevelopmentofsuperior,originaltechnologyandproductsOver110yearsofinnovationtosupportsociety

1910–5HPelectricmotorPhotoprovidedbyJRSystemsPhotoprovidedbyJREast3Atrackrecordofcontinualinnovation4OurPurposeWelcometoHitachiEnergyWeareenteringtheeraofelectrification,ahistoricshiftthatwillmassivelyexpandtheglobalelectrificationmarket.Thissurgeindemandcallsforourboldinvestmentsandbreakthroughinnovationsthatwillshapetheenergysystemsoftomorrow.Today,morethanthreebillionpeoplerelyonourtechnologiestopowertheirdailylives.Asagloballeaderinelectrificationandpowergrids,weareproudofourrole,butwe’reonlyjustbeginning.AndreasSchierenbeck

CEO,HitachiEnergyHitachiEnergy

Inspirethenextera

ofsustainableenergyWearecommittedtopoweringtheworld’senergysystemtobemoresustainable,secure,resilient,andaffordable,makingelectricitymoreaccessibletoall

andempoweringsocietiestothrive.STRICTLYCONFIDENTIALInternalPublicConfidential5AboutHitachiEnergy■Services■

Software&Automation■Systems■ProductsOfferingGeographies■Asia,MiddleEast&Africa■Americas■Europe■Transport&Infrastructure■Industry■UtilitiesCustomers~$16billionUSDbusinessrevenues60

countries100+yearsofheritage1,800+fieldengineers2,600+R&Dexperts50,000+

employees150

nationalitiesBusinessUnitsGridAutomationGridIntegrationHighVoltageProductsTransformersServiceBusinessmixbyrevenueFY20236OurStory1883-2022ASEABBCHitachi1910Namihei

Odaira

establishesHitachi.ThecompanyfullytransitionsintoHitachiLtd.andbecomesJapan’sfirstgeneralelectricmachinerymanufacturingbusiness.1920HitachiandABBestablishjointventurecompany,HitachiABBHVDCTechnologies,Ltd.,forhighvoltagedirectcurrent(HVDC)transmissioninJapan.20151988202020212022HitachiandABB

entersjointventuretoformHitachiABBPowerGrids.HitachiEnergyfullytransitionsunderHitachiLtd.HitachiABBPowerGridsevolvestobecomeHitachiEnergy.1883LudvigFredholmestablishesElektriska

AktiebolagetinStockholmasmanufacturersofelectricallightingandgenerators.ASEAandBBCmergestoformABB.CharlesE.L.BrownandWalter

Boveri

establishBBCinBaden,Switzerland.1891ASEAinstallstheworld’sfirstHVDCtransmissionline,providing20MW,100kVtotheIsleofGotlandoveradistanceof96km.19541930Hitachistartsproductionofpole-toptransformers.1957HitachireleasestheHIPACMK-1,aparametroncomputerthatcalculatessagandtensioninoverheadtransmissionlines.1890Elektriska

AktiebolagetmergeswithWenströms&Granströms

Elektriska

KraftbolagtoformASEA.1932ASEAbuildstheworld’slargestself-coolingtransformerratedat2,500kVA(kilovoltampere).BBCinstallsthefirst170kVgas-insulatedswitchgearinanundergroundsubstationinZurich,Switzerland.19681971BBCbuildsthemostpowerfultransformerintheworldat1,300MVA(megavoltampere).1901BBCbuildsthefirststeamturbineinEurope.1933BBCobtainsthepatentforturbinerotorsconstructedfromindividualsteeldisksthatareweldedtogether.1997ThefirstHVDCLighttestconnectionbetweenHällsjönandGrängesbergincentralSwedenmarksthestartofacompletelynewpowertransmissiontechnology.2012ABBlaunchestheworldsfirstHybridHVDCbreaker,enablingthevisionofDC-gridstoberealized.7#1marketandtechnologyleadershipacrossallbusinessunits#1#1#1MarketshareRevenuesMarketshareRevenuesMarketshareRevenuesSupporting50%ofthetop250globalelectricutilitiesLeadinggridedgereferences&

>7,000MW1gridintegratedFacilitatesUS$68B+​ofwholesalemarkettradesannuallyGloballeaderinHVDC2

>150GW3ofHVDClinksintegratedintothepowersystem4,000+powerqualitysystemsoperatingglobally,across50+countries~15,000systemsoperatingglobally,across50+countriesInstalled1outof4high-voltageswitchgearintheworld>500khigh-voltagecircuitbreakersinstalledgloballyLeadingEconiQ®SF6–free

high-voltageproductportfolioDrivinginnovation,pioneeringtechnologies,andsolutionswhilemaintainingandmodernizingtheworld´slargestinstalledbaseGridAutomationGridIntegrationHighVoltageProducts#1MarketshareRevenuesGloballeaderacrosscompleterangeoftransformers,components&servicesFromdistributionuptoUHV41,200kVAC5&1,100kVDC6World’slargestinstalledbaseandlargestportfolio/applicationsTransformersServiceGlobaltransmissionanddistributionserviceleaderwithanunparalleledinstalledbasein190+countriesAtrustedlifecyclepartnerwithacomprehensiveservicesportfolio24/7worldwidesupportwith

>6,500dedicatedserviceengineersandprofessionals*RevenuesdataisnotyetavailableasServiceisanewBusinessUnitcreatedonApril1,2025Installedbase*#11Megawatt2HighVoltageDirectCurrent3Gigawatt4Ultra-HighVoltage5AlternatingCurrent6DirectCurrentBUmarketsharebasedoninternalestimatesonunconsolidatedmarket–indicative;BUFY2024revenuesInvestmentsinmanufacturing,engineering,digital,R&Dandpartnershipsacrossallmajormarkets.

ThisincludesinvestmentstorampupHitachiEnergy’sglobaltransformermanufacturingcapacity.TheinvestmentamountsintheworldmaparebasedonFY2024-2025announcements.AllfiguresinUSD.

8HitachiEnergy:ScalingtoMeetDemand–InvestmentsInvestments1$9BWorkforceExpansion>20%Orderbacklog>3X(Baseline2021)$3B2020-23

$6B2024-272020-23+15,0002024-272020-272024$43BExpandingtheFootprintAcrosstheGlobe$285M

USA,Canada,Mexico$200MBrazil$115MSpain$455MSweden$180MFinland$30MGermany$250MIndia9HitachiEnergy2030:Purpose-drivenstrategicgrowthplanStrengthenroleas

productandsystemspartnerExpandas

planningpartnerExpandasservices

andoperationspartnerUtilities–Industry–TransportandInfrastructurePlanBuildOperateandMaintainIT,OT,IoTEnergyexpertiseanddigitalizationenablingtheenergytransitionatscaleandspeedTransitionStrengthenandExpandAccelerateSustainablegrowthInnovationandPeople2021202420272030StrengthentheCoreContinuouslystrengtheningour

powergridscorebusinessExpandDigitalandServicesDoublingeffortsonDigitalandServices.ExpandingattheedgeoftheenergysystemInnovateandCollaborateInnovation,Synergies,Partnershipsand

M&Atoaccelerategrowth01020310WeservecustomersacrosstheenergyvaluechainTransportationHydrogenproductionPowertransmissionPowerdistributionDatacentersSolarConventionalgenerationOffshorewindOnshorewindIndustriesPowergenerationPowertransmissionanddistributionEnergyintensiveindustriesTransform

through

low-carbontechnologies

anddigital

solutionsExpandandstrengthenthetransmissionanddistributiongridDecarbonizethroughelectrificationEnablesustainable

energyfuelsAcceleratetheshift

torenewablepowergenerationHitachiEnergy|CompanyPresentation11Energychallengesofourtime–weneedto....

01Meettheincreaseddemand02Secureenergysupply03ReducecarbonemissionsHitachiEnergy|CompanyPresentation12Deliveringacrossthevaluechain–supportedbydigital&services

YourtotallifecyclepartnerAnalyticsassistedoperationsAI**drivenoperationsAutonomousoperationsPredictivemaintenanceOptimizedworkforceSelf-servicingassetsVirtualandaugmentedrealityDigitaltwinsEnergysolutionsconsultingRemoteFAT*VirtualcommissioningVirtualtrainingPlanBuildOperate&MaintainUtilitiesRenewablesIndustriesTransportationDatacentersSupportingindustrialcustomerstoelectrifytheentireenergy

valuechainAcceleratingrenewableintegration

withstronginstalledbaseEnablingsocietytomeetsustainablemobilitydemands

inair,land,water,andrailProvidingthedatacenterindustrywithreliablepowerconnectionandeco-efficientsolutionsPartneringwithutilitiesfor~130yearsfromgeneration,totransmissionanddistribution*FAT=FactoryAcceptanceTests;**AI=ArtificialIntelligenceExternalrecognitionforoursustainabilityandHSEapproachesOursustainabilityperformancehasbeenrecognizedbyaplatinumawardbyEcoVadis,aleadingsustainabilityassessmentspecialist.ThisplacesHitachiEnergyinthetop1%ofthe125,000companiesfromaroundtheglobeassessedbyEcoVadis.In2023and2024HitachiEnergyreceived

goldawards.HitachiEnergyholdsaSilverAwardfromRoSPA(RoyalSocietyforthePreventionofAccidents).Theseannualachievementawardsareaninternationallyrecognized,non-competitiveassessmentofanorganization'sindividualhealthandsafetyperformance,policies,andeffectiveimplementationofprocedures.CDP(previouslyknownastheCarbonDisclosureProject)awardedHitachiEnergyasecondsuccessive‘A-’foreffortsonclimatechangeandotherenvironmentalchallengesin2024.ThiskeepsHitachiEnergyinCDP’s‘leadershipband’oforganizationsimplementingcurrentbestpractices.Ourtargetstodrasticallyreduce

greenhousegasemissions(GHGs)and

achievenet-zeroby2050wereapprovedin

February2024byleadingindependent

expertsSBTi(ScienceBasedTargets

initiative).Hitachiwasawardedthe2023TerraCartaSealfor

itscommitmenttosustainability,particularlyforHitachiEnergy’scontributiontotheenergytransitionwithitshigh-voltagedirectcurrent(HVDC)technologywhichallowsthetransmissionofbulkrenewablesoverlongdistanceswithlimitedlosses.

TheSealrecognizesglobalcompanieswhichareactivelyleadingthecharge

tocreateaclimateand

nature-positivefuture.Externalvalidationandtransparencyarecentraltoourapproachonsustainability13HitachiEnergy|CompanyPresentation14OursustainabilitystrategyfromFY2024hasthreekeystrandsOurPurposeisadvancing

a

sustainableenergyfutureforall.Thisrequiresustodelivermeasurableprogressonsustainabilitythroughout

thevaluechainbymaximizingour

positiveimpactthrough

co-creationofenvironmental,social,and

economicvalue.Acceleratingthecleanenergytransitionwhileboostingcircularityandbiodiversity:ClimateCirculareconomyBiodiversityandecosystemsTakingresponsibilityforourcompany

governanceandemployeebehaviors,aswellasourvaluechain:EthicsandintegritySustainablesupplychainBehaviorsandvaluesSupporting

asafe,inclusive,equitable,andjustenergy

transitionfortoday’sgenerationsandthoseto

come:HealthandsafetyDiversity,equity,andinclusion(DEI)HumanrightsandsocialcontributionsOurrefreshedstrategyreflectsourprogress,updatedunderstandingofstakeholderrequirements,

strongeralignmentwithHitachi,andemergingexternalrequirements

PlanetPeoplePrinciplesHitachiEnergy|CompanyPresentation15OurapproachmapstotheleadingglobalframeworkPlanetPeoplePrinciplesOurhigh-impactcommitmentsOurtoptargetsEachstrandofactivityhasstrongalignmentwiththeUN’sSustainableDevelopmentGoals(SDGs)HitachiEnergy|CompanypresentationItaly16HitachiEnergyinItalyCompanyPresentationHitachiEnergy|CompanyPresentationItaly17HitachiEnergyinItalyataglanceBusinessUnitsGridAutomationGridIntegrationHighVoltageProductsTransformersServiceMilanoHQ/GridIntegration/GridAutomation/ServicesGenovaGridAutomation-R&Dcentreandservices.

GridEdge;BatteryEnergyStorageSystems;Microgrids;DistributedGenerationSolutions.MonseliceTransformers.

SmallPowerTransformersupto63MVA171kV;MediumPowerTransformersupto120MVA220kV.ServicesSantaPalombaGridAutomation-Automation&Communicationsandservices.

SAS,Protection&Control,SCADASystemsRomaSalesOfficeLodiHighVoltageProducts.HybridswitchgearPASS,MultiFunctionModules,GIS,InstrumentTransformersServicesSanDonatoM.seCOETS.r.l.1100+

employees(23%female)6

locations(+COET)~100years’heritage

(backto1905)~500employeesinfactoriesandR&DISO900114001–2700137001–45001Maincustomers:Terna,Enel,ENI,A2A,ACEA,MaireTecnimont,TechnipFMC,Edison,AnsaldoEnergia,Fincantieri,Danieli,RFI,...HitachiEnergyinItaly–RevenuesMix18Customers*Service*Offering*IncludingServiceFYApr-

March20202021202220232024Revenues(MEUR)289290368397495Incl.COET295296368401514Workforce74074987810141130Incl.COET74074987811101238*ExclCOETHitachiEnergy|CompanyPresentation19ManagingDirectorFlavioVillaHitachiEnergyItalySpA–CountryItalyOrganization–1stJuly2025(*)LocalBusinessUnitDirectorandEmployer(accordingtoLegislativeDecree81/2008andsubsequentmodifications).FinanceStefanoValgimigliLocalSales&MarketingFlavioVillaSafety&SustainabilityDaniloCavaliereRealEstateMarcoLaRoccaHumanResourcesVivianaTiepoLegalDomenicoCannizzaroCommunicationCristianaPolloniGridAutomationIvoBacchini(*)GridIntegrationFilippoPassante(*)ServiceDiegoFabrizioGaggero(*)HighVoltagePieralviseFedrigo(*)TransformersMatteoScattolin(*)IntegrityLillyMinasyan20HitachiEnergyItalySpA|OurpeopleGenderDiversityAverageageAverageseniorityNationalitiesGenerationsEducationFemale:24%

Male:

76%

421041(vs26FY23)Italia,Albania,India,Marocco,Romania,Brasile,Polonia,Argentina,Ucraina,Iran,Perù,Colombia,Egitto,Russia,Bosnia,-Erzegovina,Ecuador,Germania,Pakistan,Venezuela,Armenia,Australia,Belgio,Bulgaria,Canada,Ciad,CostaD’avorio,Etiopia,Francia,Grecia,Honduras,HongKong,exIugoslavia,Mauritius,Moldavia,Portogallo,Spagna,Sudan,Svezia,Thailandia,UngheriaBabyBoomers(1946-1964):4%Generation–X(1965-1980):40%Generation–YMillennials(1981–1996):48%Generation–Z(1997–2012):8%Technicalhighschooldiploma:

19%Otherhighschooldiploma:14%Engineeringdegree:34%Otherdegree:23%Other:10%Togetherwithourcustomersandpartners,weareco-creatingglobalandlocalsolutionstobenefitsociety.Thesecustomersuccessstoriesandannouncementsshowcasehowweareadvancingasustainableenergyfutureforall.21RecentNews&StoriesHitachiEnergyimprovesERG’soperationalefficiencywithdigitalsolutionsHitachiEnergyinauguratesnewofficesinGenoaReadmoreReadmoreHitachiprovidesVicenzawithultrafastrechargingfore-busesReadmore22RecentNews&StoriesHitachiEnergyjoinsFondazioneITSMeccatronicadelLazioFirstultrafastcharginge-mobilitysolutioninItalytobedeliveredinGenoaReadmoreReadmoreHitachiEnergyItaly