Operational Excellence and Growth in the Oil & Gas Industry

Financial performance ($ in billions) Orders $20 $17 $2.2 +/++ ++ ++ Revenue Op Revenue Op Profit 2013 Profit 2014E Current environment • IOC focus on returns driving volatility in offshore award timing Onshore and LNG strong, M&C improving Delivering for our shareholders • Growing ahead of industry - Investing in technology and lifecycle services... FastWorks - Building local capabilities • Improving margins and returns - Driving operational excellence -working capital needs Great long-term growth platform... improving returns (GE) Investor Meeting | 10 September 2014 © 2014 General Electric Company - All rights reserved 19

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