of this current report on Form 8-K including HEI Exhibit 99 shall not be deemed “ filed ” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this…

Entry into a Material Definitive Agreement. On July 27, 2026, Hawaiian Electric Company, Inc. (Hawaiian Electric) and Kalaeloa Partners L.P. (Kalaeloa), entered into a Power Purchase Agreement for Firm Capacity Renewable Dispatchable Generation (New PPA). The New PPA will govern the purchase and sale of electric energy between Kalaeloa and Hawaiian Electric following the termination of the Amended and Restated Power Purchase Agreement for Firm Renewable Dispatchable Capacity and Energy dated…

of this current report on Form 8-K including HEI Exhibit 99 shall not be deemed “ filed ” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this…

Executive Vice President & Chief Financial Officer — Scott T. DeGhetto: Mr. DeGhetto's term as CFO ended, but he will continue to provide consulting services.

Other Events. On April 10, 2026, the final condition to payment occurred under settlement agreements dated November 1, 2024, that were designed to settle all tort-related claims in the litigation arising out of the 2023 Maui windstorm and wildfires (the “Settlement Agreements”). The final condition was that the judgment that Hawaiian Electric Industries, Inc. (“HEI”) and Hawaiian Electric Company, Inc. (“Hawaiian Electric”) obtained on December 30, 2025, on the subrogation claims brought by o…

Other Events. On December 31, 2025, Hawaiian Electric Industries, Inc. (the “Company”) and Hawaiian Electric Company, Inc. (“Hawaiian Electric”) entered into a Stipulation of Settlement (the “Derivative Settlement Agreement”) to resolve previously disclosed stockholder derivative actions brought nominally on their behalf against certain individual defendants. The Derivative Settlement Agreement resolves: (i) the action pending in the United States District Court for the District of Hawaii und…

Other Events. As previously disclosed, on September 19, 2024, Hawaiian Electric Industries, Inc. (the “Company”) entered into an equity distribution agreement pursuant to which it may offer and sell, from time to time at its sole discretion, its common stock, without par value (the “Common Stock”), having an aggregate offering price of up to $250,000,000 through sales agents (the “ATM Offering”). Such Common Stock is offered pursuant to the prospectus supplement filed with the Securities and…

of this current report on Form 8-K including HEI Exhibit 99 shall not be deemed “ filed ” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this…

of this current report on Form 8-K including HEI Exhibit 99 shall not be deemed “ filed ” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this…

Entry into a Material Definitive Agreement. On September 18, 2025, Hawaiian Electric Industries, Inc. (“HEI”) (NYSE – HEI), the parent company of Hawaiian Electric Company, Inc. (“Hawaiian Electric”), announced that Hawaiian Electric issued $500 million aggregate principal amount of 6.000% Senior Notes due 2033 (the “Notes”). The Notes were issued pursuant to an indenture (the “Indenture”), dated as of September 18, 2025, by and between Hawaiian Electric and U.S. Bank Trust Company, National…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth above under

Other Events. On September 11, 2025, Hawaiian Electric Industries, Inc. (“HEI”) (NYSE – HEI), the parent company of Hawaiian Electric Company, Inc. (“Hawaiian Electric”), announced the pricing of Hawaiian Electric’s $500 million aggregate principal amount of 6.000% Senior Notes due 2033 (the “Notes”). A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference. This Current Report on Form 8-K does not constitute an offer to sell or the solicitation o…

Other Events. On September 8, 2025, Hawaiian Electric Industries, Inc. (“HEI”) and Hawaiian Electric Company, Inc. (“HECO”), a wholly-owned subsidiary of HEI, announced commencement of a series of fixed income investor calls. Subject to market conditions, a $400 million 8-year senior unsecured notes private offering pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and Regulation S by HECO may follow. The net proceeds of any such potential offering woul…

Entry into a Material Definitive Agreement. On September 5, 2025 (the “Closing Date”), each of Hawaiian Electric Industries, Inc. (“HEI”) and Hawaiian Electric Company, Inc. (“Hawaiian Electric” and, together with HEI, the “Companies”) entered into a fourth amended and restated senior unsecured revolving credit facility (each, an “Amended Facility”) with a syndicate of financial institutions, Wells Fargo Bank, National Association, as an issuing bank, and JPMorgan Chase Bank, N.A. (“JPM”), as…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The disclosure required by this

of this current report on Form 8-K including HEI Exhibit 99 shall not be deemed “ filed ” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this…

of this current report on Form 8-K including HEI Exhibit 99 shall not be deemed “ filed ” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this…

of this current report on Form 8-K including HEI Exhibit 99 shall not be deemed “ filed ” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this…

Regulation FD Disclosure. On February 11, 2025, Hawaiian Electric Industries, Inc. issued the “Statement of Hawaiian Electric Industries, Inc. (HEI) on Hawaii Supreme Court Decision Relating to Insurance Subrogation Claims in Maui Wildfire Tort Litigation,” attached as Exhibit 99 to this Form 8-K.

Entry into a Material Definitive Agreement On December 30, 2024, Hawaiian Electric Industries, Inc. (“HEI”) became a party to separate investment agreements (each, an “Investment Agreement” and, together, the “Investment Agreements”) each by and among itself, ASB Hawaii, Inc., a wholly owned subsidiary of HEI (“Seller”) and American Savings Bank, F.S.B., a wholly owned subsidiary of Seller (“ASB”), on the one hand, and each investor named in the Investment Agreement (each, an “Investor” and,…

The ASB Common Stock is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) as a security issued by a “bank” in reliance upon Section 3(a)(2) of the Securities Act, and the transactions are exempt from registration under the securities offering regulations of the Office of the Comptroller of the Currency at 12 C.F.R. Part 16 (“Part 16”) as transactions that satisfy Rule 144A under the Securities Act or as transactions that are exempt from registration…

Completion of Acquisition or Disposition of Assets The information set forth in

of this current report on Form 8-K including HEI Exhibit 99 shall not be deemed “ filed ” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Settlement Agreements . The disclosure under

Entry into a Material Definitive Agreement. Effective November 1, 2024, Hawaiian Electric Industries, Inc. (“HEI”) and Hawaiian Electric Company, Inc. (“Hawaiian Electric”) entered into two definitive settlement agreements (collectively, the “Settlement Agreements”) to settle the tort litigation (expressly excluding securities and derivative actions) arising out of the 2023 Maui windstorm and wildfires, including the fires in Lahaina, Kula, and Olinda (the “Maui Windstorm and Wildfires”), on…