1. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Hitachi’s Contribution to Visaginas Nuclear Power Plant Project September 21, 2012 John Yoshinari Chief Operating Officer Hitachi-GE Nuclear Energy, Ltd. World Lithuanian Economic Forum Chicago

2. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. 1. Introduction to Hitachi Group and Hitachi-GE Nuclear Energy Contents 2. ABWR Overview 3. Contribution to Visaginas Nuclear Power Plant Project Hitachi’s Contribution to Visaginas Nuclear Power Plant Project 5. Conclusion 4. Expected Contribution to Energy Development in Lithuania

3. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. 1. Introduction to Hitachi Group and Hitachi-GE Nuclear Energy Contents 2. ABWR Overview 3. Contribution to Visaginas Nuclear Power Plant Project Hitachi’s Contribution to Visaginas Nuclear Power Plant Project 5. Conclusion 4. Expected Contribution to Energy Development in Lithuania

4. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Corporate Data 3 1-1. Total 9,315 billion yen [Revenues by Industry Segments] *Consolidated Basis [ ]:% ratio Revenues* (in FY2010) 9,315 billion yen (87 billion Euro, 107\/Euro**) Outside Japan Revenues* (in FY2010) 4,064 billion yen Number of employees *** 361,745 ***As of March 31, 2011 **As of Oct.28,2011 One of the largest electronics company in the world Covering wide range of business segments

5. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. ＋ Materials & Key Devices Information and Telecommunication Systems Information and Telecommunication Systems Industrial, Transportation and Urban Development Systems Power Systems Cloud computing Consulting Data centers Storage Energy Green mobility Eco-cities Construction machinery Elevators and escalators Smart grids Healthcare (Thermal, nuclear, renewable) Water treatment 9 Corporate Business Strategy 1-2.

6. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Thermal Power Business Proton beam therapy system Coal-fired thermal power plants Nuclear Power Business Boiling water reactor nuclear power plants (ABWR, ESBWR) Maintenance services, nuclear fuel cycle, etc. IGCC ABWR: Advanced Boiling Water ReactorESBWR: Economic and Simplified Boiling Water Reactor Solar power generation systems 5 FY2010 consolidated revenues ¥813.2 billion 20% 60% 20% Hydroelectric power generation systems, drive systems, smart grids, power semiconductors, etc. Wind power generation systems Power Distribution, Renewable Energy and Other Businesses Gas turbines 3 major business segments in Power Business… Thermal Power, Nuclear Power, and Others (Power Distribution, Renewable Energy, etc.) Power Business Overview 1-3. IGCC: Integrated Gasification Combined Cycle

7. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Global Nuclear Alliance 6 Hitachi-GE Nuclear Energy (Established on July 1, 2007) GE-Hitachi Nuclear Energy (Established on June 4, 2007) Hitachi Limited General Electric Company Hitachi equity share: 80.01% GE equity share: 19.99% Hitachi equity share: 40% GE equity share: 60% Hitachi GE nuclear business collaboration for more than 50 years First alliance for comprehensive BWR technology in 1967 Committed to develop and promote latest BWR technologies and services Design Manufacturing Construction Latest method Integrated CAE BWR Systems Design GE Brand Global supply chain US origin technology Sales Licensing GE StrengthHitachi Strength 1-4.

8. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. 1. Introduction to Hitachi Group and Hitachi-GE Nuclear Energy Contents 2. ABWR Overview 3. Contribution to Visaginas Nuclear Power Plant Project Hitachi’s Contribution to Visaginas Nuclear Power Plant Project 5. Conclusion 4. Expected Contribution to Energy Development in Lithuania

9. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. ABWR: Only Operating Gen III + Reactor 8 2-1. Source:NEA “Nuclear Energy Outlook 2008” Evolutionary BWR technology since late 60’s

10. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Recent ABWR Project Examples 9 Chubu Electric Power Co. Hamaoka-5 (2005) (BOP) J-Power Ohma Full MOX ABWR Chugoku Electric Power Co. Shimane-3 Tokyo Electric Power Co. Kashiwazaki-Kariwa-6/7 (1996/1997) (H/G/T Joint Construction) Hokuriku Electric Power Co. Shika-2 (2006) (NSSS and BOP) ABWRs in operation (Operating Gen III + Reactor) ABWRs under construction Taiwan Power Co. Lungmen units #1 & #2 2-2. NSSS: Nuclear Steam Supply System BOP: Balance of Plant MOX: Mixed-Oxide Fuel

11. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. ABWR Design Concept 10 Higher Safety and Reliability Operability and Maintainability Improvement Economic Improvement Exposure and Waste Reduction 2-3.

12. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Strategy for Safety Enhanced ABWR 11 Further Enhancements based on lessons learned from Fukushima SafetyEnhancedABWR for Visaginas SafetyEnhancedABWR Inherent ABWR Safety Features 2-4.

13. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. 1. Introduction to Hitachi Group and Hitachi-GE Nuclear Energy Contents 2. ABWR Overview 3. Contribution to Visaginas Nuclear Power Plant Project Hitachi’s Contribution to Visaginas Nuclear Power Plant Project 5. Conclusion 4. Expected Contribution to Energy Development in Lithuania

14. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. What We Can Offer for Visaginas Project 13 Licensing Design Engineering Major Components Supply Chain Construction  Licensing framework establishment support based on Japan and US experience  Safety enhanced ABWR design based on accumulated experience and Fukushima lessons learned  Proven components such as RPV, FMCRD and RIP  Hitachi and GE supply chains worldwide  Partnership with local companies  Optimum construction methods considering on- site condition  Partnership with constructors RPV: Reactor Pressure Vessel FMCRD: Fine Motion Control Rod Drive RIP: Reactor Internal Pump BTC: BWR Training Center  Fuel services provided by GNF  Operator training (BTC and/or ABWR plants)  Introduction of O&M support contractors O&M 3-1.

15. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Challenges for New build projects Cost overrun Delay in completion Integrated construction management Front-loaded construction engineering Full IT application Construction technology transfer to civil subcontractors Hitachi’s Approach On time & on budget construction On Time & On Budget Construction 3-2.

16. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Contribution to Visaginas Project 15 Innovative and competitive ABWR technology with a proven history of successful operations and lessons learned from Fukushima Latest ABWR Technology Effective and efficient construction management which enables on-time delivery of the Project On-time Delivery Introduction of our potential partners experienced in the operation of nuclear power plants in Europe, US or Japan Experienced O&M Partners Significant financial support by leveraging strong Japanese as well as US government support for the project Japan / US Government Support 3-3.

17. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. 1. Introduction to Hitachi Group and Hitachi-GE Nuclear Energy Contents 2. ABWR Overview 3. Contribution to Visaginas Nuclear Power Plant Project Hitachi’s Contribution to Visaginas Nuclear Power Plant Project 5. Conclusion 4. Expected Contribution to Energy Development in Lithuania

18. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Contribution to Regional Industries 17 4-1. Areas for collaboration and partnerships would include: Commitment to the long-term support for regional industries through an enhanced partnership with MoE/VAE and/or Regional Partners Smart grids / Smart cities Renewable energy and control systems Green mobility / Railway systems Green IT including eco-friendly data centers Energy conservation/saving solutions

19. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Expand sales of the Down Wind Turbine A. SeaB. Plains C. Hillsides and mountains To seas in future From plains to hillsides and mountains Area Upwind Turbines Downwind Turbines 1 st Commercial Unit (Completed Feb. 2008) （ Kashima Works, Hitachi Chemical ） Wind direction Increase output on mountains, hillsides and other areas where wind blows upward Promote solar power systems Advanced development of Smart Grid Systems and Solutions - Large-scale solar power systems - Control technologies with power grids Power conditioners for mega-solar systems to harmonize Grid control Distributed power source harmonization Facility & investment optimization Customer services Higher administrative efficiency Renewable Energy and Control Systems 4-2.

20. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. 1. Introduction to Hitachi Group and Hitachi-GE Nuclear Energy Contents 2. ABWR Overview 3. Contribution to Visaginas Nuclear Power Plant Project Hitachi’s Contribution to Visaginas Nuclear Power Plant Project 5. Conclusion 4. Expected Contribution to Energy Development in Lithuania

21. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Conclusion 20 Hitachi is one of the biggest global companies, with “Social Innovation Business” as its core ideology. Strong expertise in Power Systems based on rich/continuous project experience and R&D efforts. ABWRs, as the safe, high-performance & economical reactor that fully meets all safety requirements for today’s plants. Experiencing the extreme at Fukushima, the BWR operational safety is now being further enhanced. Our latest design, in which on-time, on-budget construction is already demonstrated, is to be provided to Visaginas. Sincerely hope a long-term, heartfelt relationship with the regional industries and people there, in every area that Hitachi can contribute to though its broader business portfolios, … not only in the Visaginas Nuclear Project. 11.

22. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Yasuo Yoshinari Chief Operating Officer Hitachi-GE Nuclear Energy, Ltd. Hitachi’s Contribution to Visaginas Nuclear Power Plant Project 2012/09/21 END

23. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. 22

24. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Backup Visaginas Nuclear Power Plant Project Safety Enhanced ABWR

25. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Strategy for Safety Enhanced ABWR 24 Further Enhancements based on lessons learned from Fukushima SafetyEnhancedABWRSafetyEnhancedABWR Inherent ABWR Safety Features Diversified water injection methods Large capacity heat sink (pool) Inactivated Primary Containment Vessel Flood-protected DC battery and EDG for SBO mitigation Aircraft crash countermeasures Additional diversification of power sources Enhance water injection systems and ultimate heat sink Prevent PCV damage Enhance spent fuel pool cooling Backup Building

26. © Hitachi-GE Nuclear Energy, Ltd. 2012. All rights reserved. Further Safety Enhancements 25 Alternative DC power source Diversify power source (Gas Turbine Generator, Air-cooled Diesel Generator) Sealed building structure and optimized layout for flood protection Diversify power source Diversified water injection capabilities Enhance mobility by portable pumps Diversify heat sink by portable heat removal and air-cooled heat removal Enhance water injection systems and ultimate heat sink Enhance PCV cooling system Prevent PCV damage Diversify pool water injection method Enhance accident management operability by external water injection Enhance spent fuel pool cooling Secure safety functions when huge external events occur Provide quick water injection, power sources and portable equipment from a separate building Backup Building Portable heat removal system