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Investor Presentaiton

New engine demand driven by airframer build rates, underpinned by long-term industry health Aircraft production-a) Total engine shipments-a) 2,000 1,500 1,000 • 500 2022 Mid-teens CAGR 4,000 3,000 2023E 2024F 2,000 1,000 Mid-20s CAGR GE Aerospace 0 2025F 2022 2023E 2024F 2025F ■CFM56 ■LEAP ■CF34 & Other ■GE90, GEnx, CF6 & Other ■Total ■ Airbus ■Boeing Embraer Bombardier Total Robust production driven by cyclical recovery, fleet renewal & long-term global demand Broad-based demand increases across all customers / products • Hard capacity largely in place, hiring on track to meet demand... partnering with suppliers to secure material inputs • Building spare engines to support customer fleet stability, typically ~10% to install ratio but varies (a - Excludes aircraft families not powered by GE, CFM, or EA engines; source: GE internal estimates CFM is a 50/50 Joint Venture between GE & Safran Aircraft Engines; Engine Alliance is a 50/50 JV between GE & Pratt & Whitney 2023 GE INVESTOR CONFERENCE 30
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