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Investor Presentaiton

Lean continues to drive value Services 7F Live Outage Cycle Transformation Shifts to complete 49 Shifts 000000000000 Supply chain EGE VERNOVA Moving manufacturing hours onto 'lean lines' 33% 38 Shifts X- 36 Shifts 2021 2022 Outages 10 106 2023E 152 . Opportunity to reduce outages for customers by ~6 days (24.5 to 18 days), increasing asset availability ... & reduce costs by double digits given fewer shifts ... creates capacity to execute more outages in the year . ↓ 6x Injuries 3x Quality escapes 50% Lead time 30% Cost >2 M hours of capacity saved Moved 33% of total manufacturing hours to lean lines ... fewer injuries, better quality, lower lead time & cost Still material cost & cash flow improvement ahead as we use more “lean lines" on the remaining 60%+ of hours - Delivering higher quality products & services – safer, faster & at lower costs 2023 GE INVESTOR CONFERENCE 86
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