Green Bond Fact Sheet

Hitachi Capital Management China

Date: 18-Apr-2018

Issue date:15-Dec-2017 Maturity date: 15-Dec-2022 Tenor: 5Issuer Name

Hitachi CapitalManagement China

Amount Issued

USD100m

Country of riskJapan

CBI Database

Included

Issuer Type1

Non-Financial
Corporate

Bond Type

Senior Unsecured

Green Bond Framework

N/A

Second party opinion

DNV GL

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emissionvehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Water & wastewater☐ Water distribution☒ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☒ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☒ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

The issuer will establish a dedicated green bond section on its website where proceed
allocation and further information where available will be reported.

Hitachi Capital Management (China) is a Hong Kong based subsidiary of Hitachi
Capital Group that provides financial services in Hong Kong and mainland China.

Firsts, records andcertifications
Proceeds description

The second party opinion provided by DNV GL reflects proposed allocations towater treatment and water use efficiency upgrades, solar PV, construction andupgrades of BEAM certified green buildings, and circular economy adapted
production technologies and processes.

Climate Bonds view

The bond had been excluded from our database in January due to lack of clarity on
circular economy related projects. Information provided by Mizuho, Green
Structuring Agent and sole underwriter of the deal, confirms that the issuer has
already invested over USD100m in projects under the water, renewables and green
buildings categories of the green bond framework. Based on this information we
have reassessed the bond and are satisfied that the proceed allocation is alignedwith the Climate Bonds Taxonomy.

Underwriters

MizuhoDeal comments
Credit Rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign