Operational Excellence and Growth in the Oil & Gas Industry

Improving margin and returns Op Profit % 13% 1H'14 +60 bps. ++ ✓ Further integrating acquisitions • • Well Performance Services ... Artificial Lift + Lufkin Reciprocating compressors ✓ Driving product standardization ✓ Costs out program: Product, project, SG&A ✓ Simplifying IT systems ... ERP 25% + shared services 1.5x ✓ Improving capital efficiency '13 '14E Project management • • Supply chain capacity & localization Supplier partnerships Expect improvements to lead GE portfolio... focused on delivering for shareholders (GE) Investor Meeting | 10 September 2014 © 2014 General Electric Company - All rights reserved 20

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