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Tokyo, Japan, Published date 30 March, 2020

Hitachi Selects Director for Global Expansion of Digital Business

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Hitachi Announces Selection of Director Candidates Aimed at Strengthening Global Expansion of Digital Business

Tokyo, March 30, 2020 – Hitachi, Ltd. (TSE: 6501) today announced that director candidates to be proposed at its annual general meeting of shareholders in 2020, in accordance with a resolution at a meeting of Nominating Committee that convened today.

Under the 2021 Mid-Term Management Plan, Hitachi is strengthening global expansion of Lumada digital solutions, aiming to become a global leader in the Social Innovation Business. With respect to director candidates for this year, we have selected three new candidates in addition to 10 re-nominated candidates with an eye on achieving management that contributes to raising social, environmental and economic values, business expansion in the important Indian market and strengthening of the Digital Solution Business. Working with the United Nations Children’s Fund, Ravi Venkatesan is currently dedicated to helping young people gain access to education. He was the Chairman of Microsoft Corporation (India) Private Limited and led its initiatives for business expansion in India. Helmuth Ludwig was the CIO of Siemens AG and strongly promoted digital transformation at the company by leveraging his extensive experience in software and industrial areas. Hideaki Seki has been involved in manufacturing at Hitachi for many years and has promoted the global expansion of the Elevator & Escalator Business and Automotive Systems Business.

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