Hitachi Energy India Shareholders Approve Related Party Transactions

Key Resolutions and Voting Results

The postal ballot contained three ordinary resolutions seeking shareholder approval for material related party transactions:

1. Approval of Material Related Party Transactions with Hitachi Energy Sweden AB

2. Approval of Material Related Party Transactions with Hitachi Energy USA Inc

3. Approval of Material Related Party Transactions with Hitachi Energy Ltd., Switzerland

Voting Participation Details

• Total shareholders on record date: 112,649
• Total outstanding shares: 4,45,72,363
• Total votes polled: 67,67,325 shares (15.1828% of outstanding shares)
• Cut-off date: September 4, 2026
• Voting period: September 13, 2026 (9:00 AM) to October 12, 2026 (5:00 PM)

Resolution-wise Voting Results

Resolution 1 (Hitachi Energy Sweden AB)

• Total votes polled: 67,67,325 shares
• Votes in favor: 67,65,940 shares (99.9795%)
• Votes against: 1,385 shares (0.0205%)
• Result: Approved

Resolution 2 (Hitachi Energy USA Inc)

• Total votes polled: 67,67,326 shares
• Votes in favor: 67,65,931 shares (99.9794%)
• Votes against: 1,395 shares (0.0206%)
• Result: Approved

Resolution 3 (Hitachi Energy Ltd., Switzerland)

• Total votes polled: 67,67,326 shares
• Votes in favor: 67,65,941 shares (99.9795%)
• Votes against: 1,385 shares (0.0205%)
• Result: Approved

Shareholder Category Breakdown

Promoter and Promoter Group

• Shares held: 3,17,86,256
• Votes polled: 0 shares (0.0000% participation)
• Did not participate in voting as they were interested parties in the resolutions

Public Institutions

• Shares held: 83,33,629
• Votes polled: 64,49,796 shares (77.3948% participation)
• Unanimous approval: 100.0000% votes in favor for all three resolutions

Public Non-Institutions

• Shares held: 44,52,478
• Votes polled: Approximately 3,17,530 shares (7.1315% participation)
• Approval rate: 99.56-99.56% in favor across resolutions

Additional Voting Statistics

• Abstained votes: 2,833-2,834 shares across different resolutions
• Less voted shares: 6,740 shares (6 shareholders voted fewer shares than their holdings)
• Invalid votes: 0 across all resolutions

Scrutinizer Appointment and Report

• Scrutinizer: Pramod SM (FCS No.: 7834, CP No.: 13784), Designated Partner of BMP & Co. LLP
• Appointment date: August 28, 2026 by Board of Directors
• Report date: October 12, 2026
• The scrutinizer certified the voting process as fair and transparent

Public Disclosure

• Newspaper advertisements published on September 12, 2026 in The Hindu Business Line (English) and Vijaya Karnataka (Kannada)
• Voting results and scrutinizer report available on company website (https://www.hitachienergy.com/in/en/investor-relations/general-meetings#postal-ballot) and KFin Technologies website (https://evoting.kfintech.com/)

Effective Date

The resolutions are deemed passed on October 12, 2026, being the last date of the remote e-voting process.