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Ambition 2024

Positive development driven by market and proactive actions Orders, BUSD Order backlog, BUSD Revenue, BUSD Adj. EBITA %, Standalone1 ~30% p.a. ~40% p.a. ~15% p.a. +3.1 p.p. 3 ~40% p.a. 35-40% 15-18% 15-20% 4 ~9.2% 10 12 17 10 7.1% 20 6.1% 14 HITACHI Inspire the Next ROIC2% Standalone1 +5.0 p.p. -15% 12% 10% FY 2021 FY FY 2023 2022 Estimate FY FY FY 2023 FY 2021 2022 Estimate 2021 FY FY 2023 2022 Estimate FY FY 2021 2022 FY 2023 Estimate FY FY 2021 2022 FY 2023 Estimate Significant revenue growth, driven by market tailwinds and growing order backlog Improved margins & ROIC² driven by volume growth, operational excellence, leverage and capital efficiency 1 Excluding related cost and Hitachi internal fees, 2 Return on Invested Capital, Public © 2023 Hitachi Energy. All rights reserved. 3 Adjusted EBITA CAGR 4 On a comparable basis, equivalent to 8.2%, as reported in Hitachi's Web Conference on Q2 FY 2023 Earnings Hitachi Energy

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