Foundation for Value Creation

Management System

030509070401

1106

Independent Outside Directors* As of June 30, 2018

0802

10Directors As of June 30, 201801 Katsumi Ihara

02 Cynthia Carroll

03 Joe Harlan

09 Kazuyuki Tanaka

10 Hiroaki Nakanishi

2005 Executive Deputy President, Representative Corporate ExecutiveOfficer, Member of the Board, Sony Corporation2009 Executive Deputy President, Corporate Executive,Sony Corporation
Executive Vice President, Representative Director,
Sony Financial Holdings Inc.
2010 President, Representative Director, Sony Financial Holdings Inc.
2011 President, Representative Director, Sony Life Insurance Co., Ltd.
2015 Chairman, Director, Sony Life Insurance Co., Ltd.
(Retired in June 2017)2016 Chairman, Director, Sony Financial Holdings Inc.
(Retired in June 2017)2018 Director, Hitachi, Ltd.

1991 General Manager, Foil Products, Alcan Inc.
1996 Managing Director, Aughinish Alumina Ltd.,Alcan Inc.
1998 President, Bauxite, Alumina and Speciality
Chemicals, Alcan Inc.
2002 President & CEO, Primary Metal Group, Alcan Inc.
2007 CEO, Anglo American plc. (Retired in April 2013)2013 Director, Hitachi, Ltd.

1999 Vice President and Chief Financial Officer, Lighting Business,
General Electric Company (USA)2001 Vice President, Corporate Financial Planning and Analysis,
3M Company (USA)2002 President and Chief Executive Officer, Sumitomo 3M Ltd.
2004 Executive Vice President, Electro and Communications Business,
3M Company (USA)2009 Executive Vice President, Consumer and Office Business,
3M Company (USA)2011 Executive Vice President, Performance Materials,
The Dow Chemical Company (USA)2012 Executive Vice President, Chemicals, Energy and Performance
Materials, The Dow Chemical Company (USA)2014 Chief Commercial Officer and Vice Chairman, Market Business,
The Dow Chemical Company (USA)2015 Vice Chairman and Chief Commercial Officer, The Dow Chemical
Company (USA) (Retired in August 2017)2018 Director, Hitachi, Ltd.

1977 Joined Hitachi Chemical Company, Ltd.
2005 Executive Officer, Hitachi Chemical Company, Ltd.
2006 Senior Executive Director, Hitachi Media Electronics Co., Ltd.
Representative Director and President,
Hitachi Media Electronics Co., Ltd.
2008 Vice President and Executive Officer,
Hitachi Chemical Company, Ltd.
2009 Representative Executive Officer, President & Chief Executive Officer,
Hitachi Chemical Company, Ltd.
Director, Representative Executive Officer, President & Chief
Executive Officer, Hitachi Chemical Company, Ltd.
2016 Chairman of the Board, Hitachi Chemical Company, Ltd.
(Currently in office)Director, Hitachi, Ltd.

1970 Joined Hitachi, Ltd.
2003 Vice President and Executive Officer
2004 Senior Vice President and Executive Officer
2005 Chairman and Chief Executive Officer,Hitachi Global Storage Technologies, Inc.
(Retired as CEO in March 2009)2006 Executive Vice President and Executive Officer, Hitachi, Ltd.
(Retired in December 2006)
2009 Executive Vice President and Executive Officer, Hitachi, Ltd.
Chairman of the Board, Hitachi Global Storage Technologies, Inc.
(Retired in March 2010)2010 President, Hitachi, Ltd., President and Director, Hitachi, Ltd.
2014 Chairman & CEO and Director, Hitachi, Ltd.
2016 Chairman of the Board and Representative Executive Officer,Hitachi, Ltd.
2018 Chairman of the Board and Executive Officer, Hitachi, Ltd.

04 George Buckley

05 Louise Pentland

06 Harufumi Mochizuki

11 Toyoaki Nakamura

12 Toshiaki Higashihara

1993 Chief Technology Officer, Motors, Drives and Appliances,
Emerson Electric Company
1994 President, US Electrical Motors, Emerson Electric Company
1997 President, Mercury Marine Division andCorporate Vice President, Brunswick Corporation
2000 President and Chief Operating Officer,Brunswick Corporation, Chairman andChief Executive Officer, Brunswick Corporation2005 Chairman of the Board, President andChief Executive Officer, 3M Company
2012 Executive Chairman of the Board,
3M Company (Retired in May 2012)
Chairman, Arle Capital Partners Limited(Retired in December 2015)
Director, Hitachi, Ltd.

1997 Admitted as a Solicitor (UK)2001 Senior Legal Counsel, Nokia Networks,
Nokia Corporation2007 Vice President, Acting Chief Legal Officer andHead of IP Legal, Nokia Corporation
2008 Senior Vice President and Chief Legal Officer,
Nokia Corporation2009 Admitted to New York State Bar Association2011 Executive Vice President and Chief Legal Officer,
Nokia Corporation (Retired in May 2014)2015 General Counsel, PayPal, eBay Inc.
Director, Hitachi, Ltd.
Senior Vice President and Chief Legal Officer,
PayPal Holdings, Inc.
2016 Executive Vice President,
Chief Business Affairs and Legal Officer,
PayPal Holdings, Inc. (currently in office)1975 Joined Hitachi, Ltd.
2006 General Manager, Finance Department
2007 Senior Vice President and Executive Officer
Senior Vice President, Executive Officer and Director
2009 Senior Vice President and Executive Officer
2012 Executive Vice President and Executive Officer(Retired in March 2016)2016 Director

1977 Joined Hitachi, Ltd.
2007 Vice President and Executive Officer (Retired in March 2008)
2008 President, Hitachi Power Europe GmbH2010 President and Chief Executive Officer,Hitachi Plant Technologies, Ltd.
President and Representative Director,Hitachi Plant Technologies, Ltd.
2011 Vice President and Executive Officer, Hitachi, Ltd.
2013 Senior Vice President and Executive Officer, Hitachi, Ltd.
2014 President & COO, Hitachi, Ltd.
President & COO and Director, Hitachi, Ltd.
2016 President & CEO and Director, Hitachi, Ltd.

07 Takatoshi Yamamoto

08 Hiroaki Yoshihara

1995 Managing Director, Morgan Stanley Japan Limited
1999 Managing Director and Vice Chairman,
Tokyo Branch, Morgan Stanley Japan Limited
2005 Managing Director and Vice Chairman,
UBS Securities Japan Co., Ltd.
2009 Managing Director, CASIO COMPUTER CO., LTD.
2011 Advisor, CASIO COMPUTER CO., LTD. (Retired in June 2012)2016 Director, Hitachi, Ltd.

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12Chair of the Nominating Committee
Chair of the Compensation Committee
2002 Director-General for Commerce and Distribution Policy,
Minister’s Secretariat,
Ministry of Economy, Trade and Industry of Japan (“METI”)
2003 Director-General, Small and Medium Enterprise Agency, METI
2006 Director-General, Agency for Natural Resources and Energy, METI
2008 Vice-Minister of Economy, Trade and Industry of Japan
2010 Special Advisor to the Cabinet of Japan(Retired in September 2011)
Senior Advisor to the Board, Nippon Life Insurance Company(Retired in April 2013)2012 Director, Hitachi, Ltd.
2013 President and Representative Director,
Tokyo Small and Medium Business Investment &Consultation Co., Ltd. (Currently in office)Nominating Committee
Audit Committee
Compensation Committee
Representative Executive Officer

Each Committee is composed of the following
members (chair names underlined)
Nominating Committee:
Harufumi Mochizuki, Cynthia Carroll, Hiroaki Yoshihara,
Hiroaki Nakanishi
Audit Committee:
Hiroaki Yoshihara, Katsumi Ihara, Harufumi Mochizuki,
Takatoshi Yamamoto, Kazuyuki Tanaka,
Toyoaki Nakamura
Compensation Committee:
Harufumi Mochizuki, Katsumi Ihara,
Takatoshi Yamamoto, Toshiaki Higashihara

Chair of the Audit Committee
1978 Joined Peat Marwick Mitchell & Co.
1996 National Managing Partner, the Pacific Rim Practice,
KPMG LLP
1997 Board Member, KPMG LLP
2003 Vice Chairman and Global Managing Partner,
KPMG International (Retired in April 2007)2014 Director, Hitachi, Ltd.

* As all of the outside directors meet the independence
criteria defined by the Company and those provided byJapanese stock exchanges where the Company islisted, they are referred to as independent outside
directors in this report.

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Executive Officers
As of June 30, 2018

President & CEO

Executive Vice Presidents and Executive Officers

Toshiaki Higashihara*

Masakazu Aoki*

Keiji Kojima*

Keiichi Shiotsuka*

Hideaki Takahashi*

Overall management

Assistant to the President (businessfor industry and distribution sectors,
water business and industrial
products business)

Assistant to the President (building
systems business, railway systems
business, smart life & ecofriendly
systems business and automotive
systems business) and information
security management

Assistant to the President (systems& services business, healthcare
business and defense systemsbusiness), systems & services
business and social innovation
business promotion

Assistant to the President (coststructure reform and supply chain
management), cost structurereform and supply chain
management (MONOZUKURI andquality assurance)

Senior Vice Presidents and Executive Officers

Toshikazu Nishino*

Shinichiro Omori

Yoshihiko Kawamura

Kenichi Kokubo

Setsuo Shibahara

Assistant to the President(nuclear energy business andpower business)

Cost structure reform andinformation technology strategies

Management strategies, investment
strategies, and strategies fornext-generation business

Regional strategies (China)

Services & platforms business

Hideaki Seki

Yoshitaka Tsuda*

Alistair Dormer

Hidenobu Nakahata*

Mitsuaki Nishiyama*

Building systems business

Marketing & sales, regional
strategies, and social innovation
business promotion

Railway systems businessCorporate communications,
legal matters, risk management,
corporate auditing, andhuman capital

Finance and corporate
pension system

Vice Presidents and Executive Officers
Keiichi Akino

Jun AbeHitoshi Ito

Kenji Urase

Ryuichi Otsuki

Marketing & sales(business for financial institutions,
government, public corporationand social infrastructure systems,
healthcare business, and defense
systems business)

Business for industry &distribution sectors

Governments & external relations

Water business

Regional strategies

Atsushi Oda

Kohei Kodama

Keizo Kobayashi

Norihiro Suzuki

Hidetoshi Takehara

Power business

Legal matters, risk management,
and corporate auditing

Industrial products businessResearch & development

Nuclear energy business

Osamu Naito

Katsuya Nagano

Isao Narukawa

Kentaro Masai

Yasushi Manabe

Governments & external relations,
CSR & environmental strategy, andexecutive supportBusiness for government,
public corporation, and social
infrastructure systems

Marketing & sales (nuclear energy
business and power business)

Supply chain management(MONOZUKURI and quality
assurance)

Marketing & sales(business for industry & distributionsectors, water business, building
systems business, and railway
systems business)

Shinya Mitsudomi

Mamoru Morita

Tsugio Yamamoto

Masaya Watanabe

Railway systems business

Management strategies

Business for financial institutions

Healthcare business

Executive Officer
Hiroaki NakanishiGeneral

Note: Executive officers are listed by position and in Japanese alphabetical order within each grouping.
* Denotes executive officers who are representative executive officers.

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