Energy Transition Market Growth

GE Vernova financial outlook 2024 guidance $34-35B Revenue 2025 guidance MSD Organic revenue growth* High-end MSD Adj. EBITDA margin* Low-end HSD Adj. EBITDA margin* $0.7-1.1B FCF* $1.2-1.8B FCF* ↑ Strong multi-year financial trajectory © 2024 GE Vernova and/or its affiliates. All rights reserved. *Non-GAAP Financial Measure (a based on 2025 2028 CAGR (b - FCF* conversion: FCF* / adj. net income*; assumes mid-20s adj. effective tax rate* GE GE VERNOVA Outlook by 2028 MSD Organic revenue growth*-a) 10% Adj. EBITDA margin* 90-110% FCF* conversion-b) 23

View entire presentation