Investor Presentaiton

Significant FCF* growth continues into 2023 $3.1B $3.4-4.2B • . 2022 FCF* Adj. EBITDA* Working capital AD&A CapEx, tax, interest & other 2023E FCF* • Gε 2022 to 2023 dynamics Earnings significant FCF* driver Slight tailwind from working capital DSO & inventory improvement, progress flow smaller in '23 Increased AD&A outflows on aircraft deliveries Interest reduction offset by higher taxes, CapEx investments 100%+ FCF conversion*-a) includes D&A > CapEx driven by amortization FCF* growth from higher earnings & focused working capital improvements * Non-GAAP Financial Measure (a - FCF conversion*: FCF*/ net income, as further adjusted to include restructuring expenses that are adjusted out of our non-GAAP financial measures. 2023 GE INVESTOR CONFERENCE 12

View entire presentation