Hitachi Energy India Limited · NSE:POWERINDIA

Hitachi Energy India — Q4 2021 Earnings Presentation

12 slides from Hitachi Energy India's earnings presentation, Mar 22, 2022

1. Slide 1: Cover letter to stock exchanges

   HITACHI lnspiTe the Nexl March 22 , 2022 BSE Limited National Stock Exchange of India Limited P.J. Towers Exchan9e Plaza, 5th Floor Dalal Street Plot No. C/1, G Block Mumbai 400 001 Bandra-Kurla Complex , Sandra (E) (Atten: DCS Listing) Mumbai 400 051 (Atten : Manager Listing Department) Dear Sirs S

2. Slide 2: Hitachi Energy India Ltd.

   / PUBLIC HITACHI lnspiTe the Ne1Ct ,. Hitachi Energy India Ltd. © 2022 Hitachi Energy. All rights reserved. @Hitachi Energy

3. Slide 3: Important notices

   Important notices HITACHI lnspire the Nex1: This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future

4. Slide 4: Hitachi Energy India went live on November 18, 2021

   Hitachi Energy India went live on November 18, 2021 HITACHI lnspire the Nex1: Hitachi Energy India was launched by Claudio Facchin, N Venu & Amitabh Kant Legal name change effective November 12, 2021 Public 3 © 2022 Hitachi Energy. All rights reserved. @Hitachi Energy

5. Slide 5: Recent milestones in our journey to carbon neutral operations by 2030

   Recent milestones in our journey to carbon neutral operations by HITACHI 2030 lnspire the Nex1: 2030 Carbon Neutral Targets: India Actions Reducing our carbon footprint at our project site Switched to 100% green electricity in our own operations Rooftop solar for the electrification of a project sit

6. Slide 6: Expanding value through digitalization

   Expanding value through digitalization HITACHI lnspire the Nex1: Decision • 0 0 Plan .. Postpone 0 C nc I C!'J I!) Pl n 0 Cane I .. Postpone .... - 150+ RFATs conducted RelCare for industrial houses Remote Operations and Nerve Centre Public 5 © 2022 Hitachi Energy. All rights reserved. @Hitachi Ener

7. Slide 7: Q4: Hitachi Energy demonstrates leadership on all fronts

   Q4: Hitachi Energy demonstrates leadership on all fronts HITACHI lnspire the Nex1: Hitachi Energy power technology will advance India's -,_,,.---•-Md- mission to bring reliable and clean power for all .J a....s~Onwlg-- ~ --- c. _____~~ ~=i "Rectuc.ur-pectld,..._#ld ::::..=-= =---=-= --~-·-__~=-~ _·-

8. Slide 8: Q4 Order distribution: Utilities contribute to ~50% of orders

   Q4 Order distribution: Utilities contribute to ~50% of orders HITACHI lnspire the Nex1: Q4-2021 Performance in Vision 2025 focus areas SEGMENTS Q4-2020 Renewable (Solar + Wind) Transmission ~1.8 GW of cumulative solar/wind Green Energy Corridors orders catered for in Q4-21 with HVDC 0% 20% 40% 60% 8

9. Slide 9: Q4 Financial performance – Profit & Loss Statement

   Q4 Financial performance – Profit & Loss Statement HITACHI lnspire the Nex1: (INR crore) Q4 2021 Q4 2020 yoy% Q3 2021 qoq% 12M 2021 12M 2020 Orders 931 826 12.7 979 -4.9 3,504.5 3,217.7 Revenue 1,137.6 1,043.7 9.0 850.6 33.7 3,808.8 3,438.9 PBT (before exceptional item) 47.5 46.1 3.0 47.2 0.6 170 17

10. Slide 10: Priorities for 2022-23

    Priorities for 2022-23 HITACHI lnspire the Nex1: Pandemic High Growth Segments Investing in ourselves Protect our people: Ensure continued Rail: In line with Indian Railways’ 2030 Net Carbon neutral operations healthcare infrastructure for employees and Zero ambitions Strengthen diversity and inclus

11. Slide 11: ~Hitachi Energy

    ~Hitachi Energy

12. Slide 12: HITACHI

    HITACHI lnspire the Nexl:

Hitachi Energy India — Q4 2021 Earnings Presentation on 6ix