Grant of Stock Options as Stock-based Compensation

Tokyo, March 29, 2017 --- Hitachi, Ltd. resolved to grant stock options as stock-based compensation (stock acquisition rights), with stock price conditions, to Executive Officers at the meeting of the compensation committee held today. Furthermore, Hitachi will grant similar stock options as stock-based compensation (stock acquisition rights) to Corporate Officers, the executive positions next to Executive Officers. The issuance of stock acquisition rights based on this resolution is subject to decisions by President as to the subscription requirement and allotment of stock acquisition rights to each Executive Officer and Corporate Officer pursuant to authority delegated on delegation by a resolution of the Board of Directors.