X0306 4 2023-02-10 0000354707 HAWAIIAN ELECTRIC INDUSTRIES INC HE 0001360543 Ito Paul K C/O P.O. BOX 730 HONOLULU HI 96808-0730 0 1 0 0 EVP, CFO & Treasurer Common Stock 2023-02-10 4 A 0 11200 0 A 24038 D Common Stock 2023-02-10 4 A 0 1876 0 A 25914 D Grant of 11,200 restricted stock units on February 10, 2023. Each restricted stock unit represents a contingent right to receive one share of HEI common stock. The restricted stock units will vest in annual installments over three years. Includes shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan and shares previously acquired by the reinvestment of dividends. Includes accrued dividend equivalents (as denominated in shares of HE common stock) from February 14, 2019 (first RSU grants in 2019) to date. Dividend equivalents accrue in HE common stock with respect to outstanding RSUs when and as dividends are paid. Accrued dividend equivalents are denominated in HE common stock and paid upon vesting in shares of HE common stock. Shares awarded under the Company's Long-Term Incentive Plan for 2020-2022 performance period. Sean K. Clark, Atty-in-Fact for Paul K. Ito 2023-02-14