Hitachi : The 153rd Notice of Annual General Meeting of Shareholders

(Securities Identification Code : 6501)

[Translation]

THE 153 rd

Notice of Annual

General Meeting

of Shareholders

Date and Time	：Wednesday, June 22, 2022
	at 10:00 a.m.
Location	：Tokyo Dome City Hall
	(East side of Tokyo Dome Hotel)
	3-61, Koraku 1-chome,Bunkyo-ku, Tokyo
Matters to Be	：Item 1
R e s o l v e d	Partial Amendment to the Articles of
	Incorporation (i)
	Item 2
	Partial Amendment to the Articles of
	Incorporation (ii)
	Item 3
	Election of 12 Directors due to expiration
	of the term of office of all Directors

Note: This English translation incorporates, from page 52 to page 83, the materials that are provided to the shareholders for their review by posting on the Company's website pursuant to the provisions of the Articles of Incorporation of the Company and the relevant laws and regulations.

From the standpoint of preventing the spread of COVID-19, safeguarding and securing the shareholders, we request the exercise of voting rights in advance in writing or via the internet as much as possible and refraining from visiting the Annual General Meeting of Shareholders on the day.

Dear Shareholders:

June 1, 2022

6-6, Marunouchi 1-chomeChiyoda-ku, Tokyo

Hitachi, Ltd.

P r e s i d e n t & C E O	K e i j i K o j i m a
a n d D i r e c t o r

Notice of the 153rd Annual General Meeting of Shareholders

The 153rd Annual General Meeting of Shareholders of Hitachi, Ltd. is to be held as follows:

Date and Time Wednesday, June 22, 2022 at 10:00 a.m. (Reception Start: 9:00 a.m.)

3-61, Koraku 1-chome,Bunkyo-ku, Tokyo

L o c a t i o n	Tokyo Dome City Hall (East side of Tokyo Dome Hotel)
		Report on the Business Report, Financial Statements, and Consolidated Financial
	Reporting	Statements for the 153rd Business Term (from April 1, 2021 to March 31, 2022),
	Matter	and the results of the audit on the Consolidated Financial Statements by the
A g e n d a		Accounting Auditors and the Audit Committee
	Matters to Be	Item 1	Partial Amendment to the Articles of Incorporation (i)
	Item 2	Partial Amendment to the Articles of Incorporation (ii)
	Resolved	Item 3	Election of 12 Directors due to expiration of the term of office of all Directors

• The following materials or items are provided to the shareholders for their review by posting on the Company's website pursuant to the provisions of the Articles of Incorporation of the Company and the relevant laws and regulations:
• 1. "Structures and Other Things to Ensure Adequacy of Business Operations (Internal Control System) and Operation of the Internal Control System", "Fundamental Policy on the Conduct of Persons Influencing Decision on the Company's Financial and Business Policies" and "Information on the stock acquisition rights, etc." in the Business Report, (b) "Consolidated Statements of Changes in Equity" and "Notes to Consolidated Financial Statements" of the

Consolidated Financial Statements, (c) "Unconsolidated Statement of Changes in Net Assets" and "Notes to Unconsolidated Financial Statements" of the Unconsolidated Financial Statements, and (d) Transcript of Accounting Auditors' Audit Report on Consolidated Financial Statements.

The Audit Committee and the accounting auditor have audited the materials to be audited including the above.

In addition, the Company website also posts Consolidated Statements of Comprehensive Income and Consolidated Statements of Cash Flows as supplementary information.

• This notice is also posted on the Company's website.
• In the event the Business Report, Financial Statements, Consolidated Financial Statements or Reference Documentation for the Annual General Meeting of Shareholders need to be modified in the period from the dispatch of this notice to the preceding day of the Annual General Meeting, the Company will post such modification on its website as below.

https://www.hitachi.com/smeet-e/index.html

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Live Streaming of the General Meeting of Shareholders

We will live-stream the General Meeting of Shareholders (the "Meeting")to make it viewable on the internet as detailed below.

To protect the privacy of the shareholders present at the meeting, the webcast will only show the areas of the venue around the chairperson and executives; however, the camera may capture some shareholders in cases where it cannot be avoided. Thank you in advance for your understanding.

1	Time and date of streaming
From 10:00 a.m. to the end of the Meeting on Wednesday, June 22, 2022

*The live stream web page will be accessible starting around 9:50 a.m., 10 minutes before the start of the meeting. *The live stream may be cancelled due to unavoidable circumstances. Thank you in advance for your understanding.

Viewing Information

To access the webcast, please have your shareholder number ready, which will be required for shareholder authorization (login) (Please be sure to keep your shareholder number with you when mailing your voting slip).

1. Viewing site: https://www.icue-gmos.com/soukai/hitachi/153/

• 2. ID: Hitachi6501 (half-width characters)
• 1. Password: shareholder number (indicated on your voting slip (voting-right exercising form), or dividend-related documents, etc.)
  2. For inquiries about ID and/or password, please contact
     Shareholder registry administrator: Tokyo Securities Transfer Agent Co., Ltd.
     TEL: [phone](toll-free)(Japanese Only)

(Business hours: From Monday to Friday, between 9:00 a.m. and 5:00 p.m.)

Please limit the viewers of the live streaming to shareholders and do not allow others, such as representatives, to watch the live stream.

Precautions regarding the live stream

Viewing the live stream is not considered attendance at the Meeting prescribed in the Companies Act, and you will not be able to ask questions or exercise your voting rights on the meeting day. Please send us your voting slip or exercise your voting rights on the internet in advance.

Note that any problem with the device used to watch the Meeting, internet connection, or other conditions may prevent you from viewing or cause audio or visual problems.

The viewer will bear any expense for viewing such as internet services.

Questions regarding the Meeting are accepted on the website.

We accept your questions regarding the Meeting on our website below. We will answer some questions in which shareholders are supposed to be interested at the Meeting. Please note that the questions which are not answered at the Meeting will not be answered after that.

Accepted period: to Wednesday, June 15, 2022

U R L: https://krs.bz/hi6501/m?f=1

Please access the website with your shareholder number, which is required to register your question.

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Reference Documentation

The first item

Partial Amendment to the Articles of Incorporation (i)

1. Reasons for proposal

The Company proposes to make following amendments to its Articles of Incorporation, due to the amendment provision of "Act for Partial Amendment of the Companies Act" (Act No.70 of 2019) are to be enforced on September 1, 2022, in preparation for the introduction of the system for providing reference documents for the General Meeting of Shareholders, etc. in electronic format (See the next page for the detailed information.)

（1） The current Article 13 (Website disclosure of reference documents for the General Meeting of Shareholders, etc.) shall be deleted since it will become unnecessary.

（2） The new Article 13 (Electronic provision, etc.) which provides following provisions shall be established:

1. The Company will provide reference documents for the General Meeting of Shareholders, etc. in electronic format;
2. As provided in the applicable laws, the Company may limit the scope of the matters to be stated in the paper-based documents to be delivered to shareholders who request it.

（3） Due to the deletion and establishment as above, supplementary provisions regarding the effective date, etc. shall be established.

2. Details of amendments

						(Underlineindicates the amendments.)
	Current Articles of Incorporation			Amendments to the Articles of Incorporation
Article 13. (Website disclosure of reference
documents for the General Meeting of
Shareholders, etc.)
	As provided in the applicable laws, it is
deemed that the Company provided reference
documents for the General Meeting of
Shareholders,	financial	statements	and		(deleted)
consolidated financial statements (including audit
report and Accounting Auditor's report for those
	consolidated financial statements), as well as
other information required to be included or
presented in the business report of the Company
to its shareholders by posting them on its website
on the Internet.
						Article 13. (Electronic provision, etc.)
						In convening the General Meetings of Shareholders, the
						Company shall take measures for electronic provision of
						information that constitutes the contents of reference documents
						for the General Meeting of Shareholders, etc. as provided in
						Article 325-2 of the Companies Act.
		(newly established)			Among the matters to be provided electronically, the
						Company may not include all or part of those matters as provided
						in the Ordinance of the Ministry of Justice in paper-based
						documents to be delivered to shareholders who requested the
						delivery of materials in paper-based format by the record date for
						the purpose of the General Meeting of Shareholders as provided
						in Article 325-5 of the Companies Act.
						Supplementary Provisions
						Article 3. (Transitional measure regarding electronic provision of
						reference documents for the General Meeting of Shareholders,
						etc.)
						The deletion of Article 13 (Website disclosure of reference
						documents for the General Meeting of Shareholders, etc.) and
						the establishment of Article 13 (Electronic provision, etc.) shall
						come into effect on September 1, 2022, the date of enforcement
						as provided in the proviso of Article 1 of supplemental provision
		(newly established)			of the "Act for Partial Amendment of the Companies Act" (Act
				No.70 of 2019) (hereinafter the "Date of Enforcement").
						Notwithstanding the provision of the preceding paragraph,
						Article 13 (Website disclosure of reference documents for the
						General Meeting of Shareholders, etc.) shall remain effective
						regarding any General Meeting of Shareholders held on a date
						within six months from the Date of Enforcement.
						This Article shall be deleted on the later date of the two dates: the
						day when six months passed since the Date of Enforcement or
						the day when three months passed since the date of General
						Meeting of Shareholders mentioned in the preceding paragraph.

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[Reference] System for Providing General Meeting of Shareholders Materials in Electronic Format

• From March 2023, shareholders are to confirm the materials for General Meeting of Shareholders (Reference Documentation, Business Report, Audit Reports, Financial Statements and Consolidated Financial Statements (collectively called "Reference Documents, etc.") on the Company's website.

General

Meeting of

Shareholders

so far

From General

Meeting of

Shareholders held in March 2023

Image Diagram (As of June 2022)

Shareholders

Convocation

Hitachi, Ltd.

Notice

Reference

Voting Form

Documents, etc.

Confirm on paper

Mail

Shareholders

Hitachi, Ltd.

			Convocation
			Notice
	Reference
	Documents, etc.		URL of the					Voting Form
			Company's
Confirm on the website	website
							Mail

Shareholders who want to receive paper-based materials, such as in case of having difficulty in using the internet, can request it from September 1, 2022.

Contact

Information

(Japanese Only)

Tokyo Securities Transfer Agent Co., Ltd.

0120-79-9001 Weekdays from 9 a.m. to 5 p.m.

Please refer to the following Q&A website. https://www.tosyodai.co.jp/company_law/question/index.html#qa

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