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HITACHIlnspire the Next:May 27, 2022BSE LimitedP.J. TowersDalal StreetMumbai 400 001(Atten: DCS Listing )National Stock Exchange of India LimitedExchange Plaza, 5th FloorPlot No. C/1, G BlockBandra-Kurla Complex, Bandra (E)Mumbai 400 051(Atten: Manager Listing Department)Ref: BSE Scrip Code: 543187 , NSE Scrip Symbol: POWERINDIADear Sirs,Subject: Analysts/Investors' PresentationPursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of Presentation to be made during the conference call with Analysts/Investors as scheduledtoday i.e., May 27, 2022 for the information of the Stock Exchanges.The above information is also hosted on the website of the Company at onsKindly take the same on your records.Thanking you,Yours faithfully,For Hitachi Energy India Limited(fo : ;as ABB Powe, Pmd,ot, aad Sysrems lodia UmitedPoovannmmatandaGenera Counsel and Company SecretaryEncl: as aboveHitachi Energy India Limited(Formerly known as ABB Power Products and Systems India Limited)Registered and Corporate Office:8th Floor, Brigade Opus, 70/401 ,Kodigehalli Main Road, Bengaluru - 560 092,Phone: 080 68473700, 080 22041800CIN: L31904KA2019PLC1 21597www.hitachienergy.com/in@Hitachi Energy

HITACHIlnspire the NextAnalyst presentation - Q5 & full yearHitachi Energy India Ltd.January-March 2022 Hitachi Energy 2022. All rights reserved1@Hitachi Energy

Important noticesHITACHIlnspire the Next:This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. Thesestatements are based on current expectations, estimates and projections about the factors that may affect our future performance, including globaleconomic conditions, and the economic conditions of the regions and industries that are major markets for Hitachi Energy India Limited (formerlyknown as ABB Power Products and Systems India Ltd) (“Hitachi Energy India”). These expectations, estimates and projections are generallyidentifiable by statements containing words such as “expects,” “believes,” “estimates,” “targets,” “plans,” “outlook” or similar expressions.There are numerous risks and uncertainties, many of which are beyond our control, that could cause our actual results to differ materially from theforward-looking information and statements made in this presentation and which could affect our ability to achieve any or all of our stated targets.The important factors that could cause such differences include, among others:COVID-19 crisis associated disruption risksbusiness risks associated with the volatile global economic environment and political conditionscosts associated with compliance activitiesmarket acceptance of new products and serviceschanges in governmental regulations and currency exchange rates, andsuch other factors as may be discussed from time to time in Hitachi Energy India’s filings with the Stock Exchanges and Securities and ExchangeBoard of India (SEBI), including its Annual Report.Although Hitachi Energy India believes that its expectations reflected in any such forward-looking statement are based upon reasonableassumptions, it can give no assurance that those expectations will be achieved.2 Hitachi Energy 2022. All rights reserved@Hitachi Energy

Strong performance in uncertain marketsYoYOrdersINR 1,043.6 CrRevenueINR 1,142.1 CrPBT (afterexceptionalitems)INR 70.7 CrPATINR 51.7 Crtt22.9%tt31.7%11.6%31.2%QoQt 12.1%t 0.4%'HITACHIlnspire the Next:Key order wins Order of nine AIS substation from MadhyaPradesh Power Transmission 400kV GIS substation order for steel major State utility order of –765kV transformers &765kV/400kV reactors(15.2%) Trackside transformers order from unit of IndianRailways(16.2%) 66kV GIS substation order from datacenterRevenue slippage due to various issues; semi conductor shortagecontributed significantlyFreight & logistics increase add to higher input cost3 Hitachi Energy 2022. All rights reserved@Hitachi Energy

HITACHIFirst principle: Employee health and safetylnspire the Next 99% eligibleemployees vaccinatedwith both doses.Booster vaccinationdose camps startedMultiple trainingsconducted on wideranging topics – firstaid, electrical safety,fair practices, etc.Customer recognitionof safety culture,. .------, .,.--.,.·----------·---·-- -------- -. -·---.·----"'- ---,.,.,., . . ,,,,, ,1--. ,. .,. . . oi,fDL--. · - ;.2 i-'" . E: ::rr:. .,. . ,,. .,.ACKNO\\'LEDGE'.\IENT ANO APPRl :CIATIONPROUDLY PRISINTED TO., . . .,,.,. . ,. ,, .,.,.M/S Hitachi Energy., ,,.,, -,! .u-.- 4Public Hitachi Energy 2022. All rights reserved -.!! :::.-::-:.::::. . . . - -.·-- -· : ------@Hitachi Energy

Sustainability milestones: 2030 Carbon Neutral TargetsSMART Metering for offices andshopfloors5Public Hitachi Energy 2022. All rights reservedSF6 management planHITACHIlnspire the NextEnvironmental and WasteManagement standards@Hitachi Energy

HITACHISustainability milestones: Building capabilitiesNIT Warangal – Smart Electric Grid Lab Launchedlnspire the NextFirst Dry Bushing Factory in IndiaTransformercomponentsfor a reliable grid6Public Hitachi Energy 2022. All rights reserved@Hitachi Energy

HITACHITracking all facets of sustainable growthlnspire the Next i[ertifirate of %lppreciationIS FNe,pal EMCtrlclty Authority (NEA) 1 oelighled 10 present lhl ceMicate ol corrmendabOn IOWs Hitachi Energy India Limited (Formerly known as ABB Power Products and SystemIndia Limited), Indialot !he successfulcompletlonol - 132 kV New Modi Swttchlng SUbstatlon, 132/33/11 kVLahachowk Substation and 132 kV Bay expansion It LekhNllh Sub11111on ( lractNo. MLJSSI07417S.01)we 1ecognize rourwhOlehNrted eNOl'l lor t h e of 1h11 p«: ;ect.WehoptthiSassoc:iationwilac:centua1e tJOnwo ksinlhel)l'OC8SSolna110t1building.KIii ManGhis.iin9 OHCIOfHtl),alOe(tslCl,1yAuthonty7 DfflnclraKattiSecrm,y(MofWIU) Gutst,1,M1 1 '\.Hon«IWt Pa,nph,BhuwlMnstryolE.nefW, WattrRtsot.rctandlmg,atlOnChltl'GutslLarge orders from utilities and industriesOn time execution despite significant hurdlesMultiple Innovation Awards by MoP agencyDigital bay augmentation for miningConcluded digital transformer pilotDiversity hiring campaigns showing promisePublic Hitachi Energy 2022. All rights reserved@Hitachi Energy

RoadPak: Our newest innovative solution for all e-mobility applicationsHITACHIlnspire the Next:The first module for e-mobilityapplications in our provenportfolio of powersemiconductors that takesadvantage of silicon carbide(SiC) technology.The key benefit is a highcurrent rating in a smallpackage that is enabled by useof SiC, combined with verysmall stray inductance andhigh reliability.8 Hitachi Energy 2022. All rights reserved@Hitachi Energy

Launch of OceaniQ - Innovative solutions designed for offshore environmentHITACHIlnspire the Next:Products - Specificallydesigned and ruggedized forthe marine conditionsSolutions - deployed offshorein floating, subsea and fixedstructures applicationsServices - performed offshoreremotely and on-site9 Hitachi Energy 2022. All rights reserved@Hitachi Energy

Geopolitics and COVID-19 risks cast a shadow on India’s recoveryHigh Frequency Indicators *Macro-economic snapshot COVID-19 daily cases bottoming out. Local flare up of cases seen in certain regions Analyst estimate India GDP in FY22 to be 7%-8%; Interest rate hiked by RBI for firsttime since 2018E-way bills generated (Mn) – rose to a new high in Mar’2257 57Retail inflation remains high at 6% and rising fueled by oil price increase Local and global supply chain disruptions – due to COVID-19 outbreak India’s power demand touches all-time high of 201GW, government taking steps to ensureuninterrupted coal supply. Semiconductor shortage effects across industries – from auto to power; revenue impactespecially in automation businessIndustry growth (IIP2) – All sectors showrecovery compared to last year.%Change -11.1IIP -9.4Mining INR vs USD8.2-2.4 -12.5ManufacturingElectricityII-23.5Capital Goods86.881.7,74.3Mar-202010645864 63 6471595564 66 6874725666 667840259Daily Average Power Consumption Volume ( 000s Mus) – Powerconsumption increasing with extreme summer3.4 3.6 3.22.83.3 3.63.7 3.6 3.8 3.63.3 3.5 3.64.23.7 3.9 3.8 3.6 3.8 43.7 3.73.3 3.6 3.63.9 4.2INR vs EUR18.812.9 57Rupee depreciates 3% against the USD inin 1st 3 months of 2022 Apr'20-Feb'21 Apr'21 -Feb' 2213.24943 4841 12.5HITACHIlnspire the Next: Hitachi Energy 2022. All rights reserved--------Cement production (MMT) – remains above Feb’21 levels84.0- - -- 6.427 25.329.6 26.9Mar-2022* Source : BCG India Monitor, 1- RBI : Reserve Bank of India 2-IIP – Index of Industrial Production;@Hitachi Energy

Key SegmentsTransmission orders drive growthTransmissionGreen Energy Corridors II notified bygovernment.GrowthHITACHIlnspire the Next:DatacentersRenewable (Solar Wind)Market: Large investments by majorplayers like Adani, Jio, Amazon,Microsoft, NTT etc. Capacity todouble in 3-4 years to 1GWMajor projects to come up fordecision in Q1FY23 138%Order Mix-14% 1111Industries.34% Hitachi Energy 2022. All rights reservedMarket data from various news sources40%13%Transport & Infra Jan-Mar 2022 Jan- Mar 20211181%. 37%6%Direct EndUserEPC9%21%OEM4% 3%Distributor@Hitachi Energy

HITACHIGrowing orders in a disruption filled yearExports: Constitute 24% of order book Order for 220/33kV GIS for Bhutan Power AIS Switchgear (CB, IT, DS) order from El-Sewedy Egyptlnspire the NextService: Orders grow 70% YoY First ever order for GIS inspection and overhauling at Singaporepower executed successfully Successful HVDC SCADA HMI integration for additional GIS baysat PGCIL Pugalur COMBIFLEX relays order from Argentinian transmission utility Order for poles of dead tank breakers and live tank breakers fromHitachi Energy in Europe & US Order for System Study of Grid Connected Battery Energy StorageSystem First service order in Bangladesh for replacement of bushings,IGBTs and PS905E cards for SVC project Dry type Transformer order form M/s Procter and Gamble enabledwith Txpert solution12Public Hitachi Energy 2022. All rights reserved@Hitachi Energy

Financial performance – Profit & Loss StatementHITACHIlnspire the Next:(INR crore)Jan - Mar2022Oct - Dec2021qoq%Jan - Mar2021yoy%Jan 2021 Mar 2022Jan - Revenue1142.11137.60.401023.8011.64950.93438.9PBT (before exceptional item)70.747.548.8453.7031.7240.7171.8PBT (after exceptional item)70.783.4-15.2353.7031.7276.6136.28PBT % before exceptional item6.2%4.2%5.20%4.9%5.0%PBT % after exceptional item6.2%7.3%5.20%5.6%4.0%PAT51.761.7203.3499.8PAT %4.5%5.4%4.1%2.9%Op EBITA77.189.5344.1194.5Op EBITA %6.8%7.9%7.0%5.7%Op. EBITDA97.0111.7442.9265.9Op. EBITDA 67.40%-13.294.62.5%9.2%Current financial year is of five quarters – from 1 Jan 2021 to 31 Mar 2022 Hitachi Energy 2022. All rights reservedSlide 13@Hitachi Energy

Board outcome highlightsHITACHIlnspire the Next:Reappointment of Managing Director and Independent Directors for five-year tenure*Dividendrecommendationof INR 3 per share(150 percent)*14 Hitachi Energy 2022. All rights reservedAchim BraunVenu Nugurilsmo HakaChairman , NonExecutive DirectorHead of HumanResources at Hitachi ABBPowe r GridsManaging Director &CEONon-Executive DirectorCFO of Hitachi ABBPower GridsMukesh ButaniAkila KrishnakumarNishi VasudevaIndependent DirectorFounder of BMR LegalAdvocates, a tax law firmin IndiaIndependent DirectorFormer President - GlobalTechnology and CountryHead of SunGard (nowFiserv) in IndiaIndependent DirectorForm er Chairman andManaging Director ofHindustan PetroleumCorporation Limited*subject to the approval of members at the third Annual General MeetingAnd Head of Power Gridsbusiness in South Asiaregion@Hitachi Energy