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Demand is strong in attractive, growing sectors Commercial air travel demand Revenue passenger kilometers-a) % of 2019 levels Global defense spending -b) ($ in trillions) (a (b 120 5-year CAGR: 25% 1.8 GE Aerospace 3-year CAGR: LSD 1.7 1.6 اللبس اللسا 1.5 1.4 1.3 2019 2020 2021 2022 2023E 2024F 2025F 2019 2020 2021 2022 2023E 2024F 2025F 100 80 60 60 60 40 40 20 20 Global recovery driving accelerated mid-term growth long-term aligned to 1.5x to 2x GDP ... - Source: Oxford Economics Source: US Dept of Defense, Aviation Week forecast, internal GE estimate; addressable market for GE U.S. & international spending up driven by heightened global instability 2023 GE INVESTOR CONFERENCE 20

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