Hitachi : Announces Changes of Top Managements

FOR IMMEDIATE RELEASE

Hitachi Announces Changes of Top Managements

Tokyo, May 12, 2021 - Hitachi, Ltd. (TSE: 6501) today announced the change of Executive Chairman and President in accordance with a resolution passed by the meeting of the Board of Directors held today.

1. Change of Executive Chairman Effective May 12, 2021

Toshiaki Higashihara

Position Effective May 12:

Director, Representative Executive Officer, Executive Chairman, President & CEO

Previous Position:

Director, Representative Executive Officer, President & CEO

2. Resignation of Executive Officer Effective May 12, 2021

Hiroaki Nakanishi

Position Effective May 12:

Chairman Emeritus

Previous Position:

Executive Chairman and Executive Officer

3. Change of President Effective June 23, 2021

Toshiaki Higashihara

Position Effective after the conclusion of Hitachi's Ordinary General Meeting of Shareholders scheduled for June 23, 2021:

Director(1), Representative Executive Officer, Executive Chairman & CEO

Position as of Hitachi's Ordinary General Meeting of Shareholders scheduled for June 23, 2021:

Director, Representative Executive Officer, Executive Chairman, President & CEO

- more -

- 2 -

Keiji Kojima

Position Effective after the conclusion of Hitachi's Ordinary General Meeting of Shareholders scheduled for June 23, 2021:

Director(1), Representative Executive Officer, President & COO, General Manager of Smart Life Business Management Division, and General Manager of Healthcare Business Growth Strategy Division

Position as of Hitachi's Ordinary General Meeting of Shareholders scheduled for June 23, 2021:

Representative Executive Officer and Executive Vice President, Assistant to the President [Smart Life & Ecofriendly Systems Business and Healthcare Strategy], CISO, General Manager of Smart Life Business Management Division, and General Manager of Healthcare Business Growth Strategy Division

1. Subject to appointment as director at Hitachi's Ordinary General Meeting of Shareholders scheduled for June 23.

CEO: Chief Executive Officer

CISO: Chief Information Security Officer

COO: Chief Operating Officer

- more -

- 3 -

Biography of Keiji Kojima

1. Date of Birth

October 9, 1956

2. Education

March, 1982 Master of Mathematical Science, Kyoto University March, 2005 Ph.D. (Information Science), Osaka University

1. Share Ownership 52,400 shares (as of May 12, 2021)
2. Professional Experience

April, 2021 Representative Executive Officer, Executive Vice President and Executive Officer,

Assistant to the President [Smart Life & Ecofriendly Systems Business and Healthcare Strategy], CISO, General Manager of Smart Life Business Management Division, and General Manager of Healthcare Business Growth Strategy Division

April, 2020 Representative Executive Officer, Executive Vice President and Executive Officer, Assistant to the President [Smart Life & Ecofriendly Systems Business, Automotive Systems Business, and Healthcare Business], General Manager of Smart Life Business Management Division

April, 2019 Representative Executive Officer, Executive Vice President and Executive Officer, Assistant to the President [Smart Life & Ecofriendly Systems Business, Automotive Systems Business, and Healthcare Business], General Manager of Smart Life Business Management Division, and General Manager of Smart Life & Ecofriendly Systems Division

April, 2018 Representative Executive Officer,

Executive Vice President and Executive Officer, Assistant to the President [Building Systems, Railway Systems, Smart Life & Ecofriendly Systems, Automotive Systems], CISO

April, 2017 Senior Vice President and Executive Officer, CEO of Services & Platforms Business Unit, Hitachi, Ltd., Chairman and CEO, Hitachi Information & Telecommunication Systems Global Holding Corporation

(2), and Chairman of the Board, Hitachi Data Systems Corporation(3)

August, 2016 Senior Vice President and Executive Officer,

CEO of Services & Platforms Business Unit, Hitachi, Ltd., Chairman and CEO, Hitachi Information & Telecommunication Systems Global Holding Corporation

April, 2016 Senior Vice President and Executive Officer, CEO of Services & Platforms Business Unit

- 4 -

April, 2014 Vice President and Executive Officer, CTO, and General Manager of Research & Development Group

April, 2012 Vice President and Executive Officer,

General Manager of Hitachi Research Laboratory, Research & Development Group

April, 2011 General Manager of Hitachi Research Laboratory, Research & Development Group

April, 2008 General Manager of Central Research Laboratory, Research & Development Group

April, 2004 Deputy General Manager, Internet Platform Division, Ubiquitous Platform Group

June, 1996 Researcher, Department 6, Systems Development Laboratory (Worked at Hitachi Computer Products (America), Inc. until March 1999)

April, 1989 Researcher, Department 8, Central Research Laboratory (Worked at Carnegie Mellon University for joint research until March 1990)

April, 1982 Joined Hitachi, Ltd. (Central Research Laboratory)

1. In April 2018, Hitachi Information & Telecommunication Systems Global Holding Corporation was renamed Hitachi Global Digital Holdings Corporation.
2. In September 2017, Hitachi Data Systems Corporation was renamed Hitachi Vantara Corporation.

CEO	: Chief Executive Officer
CISO	: Chief Information Security Officer
COO	: Chief Operating Officer
CTO	: Chief Technology Office

- more -

- 5 -

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focused on its Social Innovation Business that combines information technology (IT), operational technology (OT) and products. The company's consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. Hitachi is working to increase social, environmental and economic value for its customers across six domains; IT, Energy, Industry, Mobility, Smart Life and Automotive Systems through Lumada, Hitachi's advanced digital solutions, services, and technologies for turning data into insights to drive digital innovation.

Hitachi is a Principal Partner of COP26, playing a leading role in the efforts to achieve a decarbonized society and become a climate change innovator. Hitachi strives to achieve carbon neutrality at all its business sites by 2030 and to achieve an 80% reduction in CO2 emissions across the company's value chain by 2050.

For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

# # #