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Investor Presentaiton

GE Vernova • • · Industry leader uniquely positioned to support customers through the energy transition Power delivering strong, long-term FCF* generation from vast services installed base Renewable Energy transforming now secular 3.0-3.4 MW Sierra onshore wind turbine 9F gas turbine tailwinds to drive long-term profitable growth Long-term outlook-a) Revenue growth*-b) + MSD Profit margin FCF conversion*-c) HSD 90%-110% * Non-GAAP Financial Measure; reported on current GE basis, not standalone basis (a For the purposes of long-term outlook, GE Vernova refers to the sum of our Renewable Energy & Power segments, without giving effect to eliminations & Corporate adjustments. On a stand-alone basis, GE Vernova will include GE's portfolio of energy businesses and Digital (b organic basis (c-FCF conversion*: segment FCF* / segment net income, as further adjusted to include restructuring expenses that are adjusted out of our non-GAAP financial measures. 2023 GE INVESTOR CONFERENCE 106
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