Energy Transition Market Growth

Improving our cost structure Adjusted G&A expenses-a) $B 0.2 3.3 3.1 2.8 • 2023 Standalone Costs 2023 Pro Forma-b) By 2028 EGE VERNOVA • Key levers Using lean to simplify processes Leveraging support functions Outsourcing certain 'non-core' activities Optimizing IT systems • Reducing legal entities ~$500M in lower adj. G&A-a) through our multi-year cost out efforts © 2024 GE Vernova and/or its affiliates. All rights reserved. (a - non-GAAP Financial Measure, G&A component of selling, general & administrative expenses, excluding impact of non-GAAP items and depreciation & amortization (b - presented on a pro forma basis after management adjustments 55 65

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