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Investor Presentaiton

Onshore Wind strategic priorities Lead with quality Reduce product variants Workhorse products Best project economics EGE VERNOVA Simplify Focus & lean 2021 2025F Better delivered cost in 80% of U.S. zip codes Scalable by 2x with limited investment vs 2021 ✓ Rotors 15 4 Countries bid 50% ✓ Nacelles 9 4 Design hubs from 20 to 4 Towers 40 9 Spend $500M Larger fleets of same units • Best running fleet / availability ● Better cross-functional alignment • Faster closed-loop learning . Learning curve / service advantage ● Faster problem solving More robust innovation introduction . Partnerships reinforcement . Less complexity, lower fixed cost Approaching significant volume increase with clear priorities & stronger fundamentals 2023 GE INVESTOR CONFERENCE 95
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