Energy Transition Market Growth

Wind: a generational build-out to electrify and decarbonize 6x growth needed in wind output Wind TWhrs-a) % of Total Generation 16,800 Net Zero EGE VERNOVA ~50 ~2,100 ~7% <1% 2000 2022 12,700 Announced Pledges ~25% 9,300 Stated policies THE WORLD NEEDS WIND required to achieve net zero; 1 out of 4 electrons by 2040 HIGH-TECH INFRASTRUCTURE premium for reliability at scale FIRST PRINCIPLES TO WIN Workhorse Products 2040 • • • Lead with Quality Focused & Lean - $2T investment-b) - - $5T investment-b) © 2024 GE Vernova and/or its affiliates. All rights reserved. (a - IEA WEO 2023 Announced Pledges (b - BNEF Renewable Energy investment tracker 1H 2024 Wind is core to delivering the energy transition 35 55

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