Hitachi Energy India Limited

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n: Manager Listing Department) Ref: BSE Scrip Code: 543187, NSE Scrip Symbol: POWERINDIA Dear Sirs, Subject: Analysts/Investors’ Presentation Pursuant to Regulation 30 of SEBI (Listing Obligations a

45%

4 Public © 2023 Hitachi Energy. All rights reserved. *Subject to availability @Hitachi Energy 45% reduction of CO2 emissions in our own operation Energy transition drives broad-based order momentu

6%

h YoY Orders (incl HVDC) 1,147.5 Revenue PBT PAT OBL 1,043 3.4 2.4 7,024 t t t t +6% (w/o HVDC) +5.2% +60.2% +79.9% Growth QoQ -9.1% -21.9% -94.8% -95.3% • Chips & electronic

5.2%

incl HVDC) 1,147.5 Revenue PBT PAT OBL 1,043 3.4 2.4 7,024 t t t t +6% (w/o HVDC) +5.2% +60.2% +79.9% Growth QoQ -9.1% -21.9% -94.8% -95.3% • Chips & electronics shortage, delays

60.2%

DC) 1,147.5 Revenue PBT PAT OBL 1,043 3.4 2.4 7,024 t t t t +6% (w/o HVDC) +5.2% +60.2% +79.9% Growth QoQ -9.1% -21.9% -94.8% -95.3% • Chips & electronics shortage, delays in conv

79.9%

47.5 Revenue PBT PAT OBL 1,043 3.4 2.4 7,024 t t t t +6% (w/o HVDC) +5.2% +60.2% +79.9% Growth QoQ -9.1% -21.9% -94.8% -95.3% • Chips & electronics shortage, delays in conversion i

9.1%

AT OBL 1,043 3.4 2.4 7,024 t t t t +6% (w/o HVDC) +5.2% +60.2% +79.9% Growth QoQ -9.1% -21.9% -94.8% -95.3% • Chips & electronics shortage, delays in conversion impact revenue • Fi

21.9%

1,043 3.4 2.4 7,024 t t t t +6% (w/o HVDC) +5.2% +60.2% +79.9% Growth QoQ -9.1% -21.9% -94.8% -95.3% • Chips & electronics shortage, delays in conversion impact revenue • Fixed cost

94.8%

3.4 2.4 7,024 t t t t +6% (w/o HVDC) +5.2% +60.2% +79.9% Growth QoQ -9.1% -21.9% -94.8% -95.3% • Chips & electronics shortage, delays in conversion impact revenue • Fixed costs on low

95.3%

.4 7,024 t t t t +6% (w/o HVDC) +5.2% +60.2% +79.9% Growth QoQ -9.1% -21.9% -94.8% -95.3% • Chips & electronics shortage, delays in conversion impact revenue • Fixed costs on low revenue

6.5%

-economic snapshot Growth drivers remain intact; tracking upwards India’s GDP expected to grow at 6.5% (RBI*) for FY23-24 Inflation dropped to a 2-year low in May’23 Manufacturing PMI hit a 31-month h

30 GW

2-year low in May’23 Manufacturing PMI hit a 31-month high in May’23 Sector Trend Renewables 30 GW annually to be added to reach 290 GW solar target by 2030 Module prices coming down, stalled proj

“1·,rlt<"la, R~ Chh:1111~rh (◄?6001) SI.lb: Warran1y 1uppor1 by Hicachl Energy OruSir, Reinforce through training Employees, trainees & contractors trained on: First Aid Operating machinery Working at height and fall protection Defensive driving Customer recognition For superlative OHS culture through and customer service through project lifecycle across plan-build- operate phases Wt would bkc IO nprus ow ....:cni apprttuuon for yow df10m1 len'ICCI dunng 1M WarnnlJ/llAM period 10 f:i.r.”

“@Hitachi Energy Sustainability 2030 – initiatives across employees, factories & projects HITACHI lnspire the Next Maneja: Advanced Energy Monitoring System The monitoring system integrates, 7 power substations, 63 energy, water and gas flow meters Green initiatives at HVDC project sites 22.”

“MWh Annual Clean Energy Generation Forecast 458 458 Tons of CO2 avoided Tons of CO2 avoided 'li ~ '" + e 0 " Iii, e - (i) '75,88,309.00 fl,48,45,640.00 f2,19,11,821.00 • usu.no,no.1s» e wUTATIONA('U70> e $Ull1'Anotrfl(O.OOIO • WIS'!ATlOJIU 07,12,e e 1t11STAnoND(l.21,o $/JISTAflONl(O.O(lq .”

“@Hitachi Energy India remains one of the fastest growing major economies in FY23-24 HITACHI lnspire the Next Macro-economic snapshot Growth drivers remain intact; tracking upwards India’s GDP expected to grow at 6.5% (RBI*) for FY23-24 Inflation dropped to a 2-year low in May’23 Manufacturing PMI hit a 31-month high in May’23 Sector Trend Renewables 30 GW annually to be added to reach 290 GW solar target by 2030 Module prices coming down, stalled projects getting started.”

Registered and Corporate Office

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Registered and Corporate Office

8th Floor, Brigade Opus, 70/401, Kodigehalli Main Road, Bengaluru – 560 092, Phone: 080 68473700 CIN: L31904KA2019PLC121597 www.hitachienergy.com/in @Hitachi Energy Q1FY24 Analyst Presentation N Venu, Managing Director & CEO Hitachi Energy India Limited 25.07.2023 © 2023 Hitachi Energy. All rights reserved. @Hitachi Energy Important notices HITACHI lnspire the Next 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 performance, including global economic conditions, and the economic conditions of the regions and industries that are major markets for Hitachi Energy India Limited (formerly known as ABB Power Products and Systems India Ltd) (“Hitachi Energy India”). These expectations, estimates and projections are generally identifiable by statements containing words such as “expects,”