Apr 12, 2019

Hitachi Zosen Corporation, in partnership with Eco Power Co., Ltd. (Shinagawa-ku, Tokyo; President Toshiyuki Mizui), has established Aomori-Seihoku-Oki (Northwest) offshore wind Godo Kaisha, a limited liability company dedicated to the installation and operation of and wholesale electricity supply from the offshore Wind Farm at Seihoku-Oki in Aomori prefecture. The new company will undertake activities toward commissioning in or after 2025.

Outline of offshore wind farm business

1. 1Commissioning: In or after 2025 (scheduled)
2. 2Power output: 500 MW (4,000-9,500 kW per turbine)
3. 3Number of units: Max. 125 (in case of power output 4,000 kW)
4. 4Installation area: Coastal and offshore waters of Nakadomari-machi, Kitatsugaru-gun; Goshogawara-shi; Tsugaru-shi; and
   Ajigasawa-machi, Nishitsugaru-gun

• *Details above are as of the planning stage and subject to change.

Outline of limited liability company

1. 1Company name: Aomori-Seihoku-Oki offshore wind G.K.
2. 2Established: April 5, 2019
3. 3Address: 1-7-89 Nanko Kita, Suminoe-ku, Osaka-shi, Osaka
4. 4Operation executing employees: Hitachi Zosen, Eco Power
5. 5Representative employees: Hitachi Zosen
6. 6Execution of duties: Takashi Fujita, Yoshito Takano, Shuichi Manabe, Ryuta Okubo
7. 7President & CEO: Takashi Fujita
8. 8Capital: 10,000,000 yen
9. 9Investment ratio: Hitachi Zosen 50%, Eco Power 50%
10. 10Description of operations: Installation and operation of and wholesale electricity supply from the offshore Wind Farm at
    Seihoku-Oki in Aomori prefecture

The offshore Wind Farm business at Seihoku-Oki in Aomori prefecture seeks to reduce greenhouse gas emissions by generating electricity with a clean energy source that is an alternative to fossil fuel. The local production, local consumption model also hopes to contribute to the regional economy by creating jobs in the construction and operation phases, and by creating business that will revitalize the economy after commissioning.