Investor Presentaiton

Uniquely positioned industry leader to support customers through the energy transition . Secular demand tailwinds Public policy, corporate frameworks means higher investment cycle Onshore Wind demand growth rising now, Offshore Wind longer term Electrification & decarbonization driving demand +. Lean driving productivity • More margin expansion opportunities at Gas Power... embedding lean deeper across GE Vernova Workhorse product strategy at Onshore Wind ... quality, cost better Better underwriting, inflation protection & cost structure at Offshore Wind + • • Existing & new products Near-term: more efficient HA + Aeroderivatives ... & HVDC, Grid Automation Grid SW = GridOS Long-term: SMR, H2, Offshore Wind, carbon capture & direct air capture II GE VERNOVA Higher profit & FCF* ... with a significant inflection in 2024-a) • Non-GAAP Financial Measure (a - GE Vernova refers to the sum of our Renewable Energy & Power segments, without giving effect to eliminations & Corporate adjustments. On a stand-alone basis, GE Vernova will include GE's portfolio of energy businesses and Digital 2023 GE INVESTOR CONFERENCE 83

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