Operational Excellence and Growth in the Oil & Gas Industry

• Local empowerment: in action Brazil . 2,200 employees Subsea, TMS and M&C manufacturing and service • Pre-salt developments research center Angola and Nigeria 900 employees • Subsea and TMS service and manufacturing • Expanding subsea capacity Indonesia • 300 employees • Subsea and pressure control manufacturing localization. Expanding capacity PARA PRESSAO POÇO DE TESTES 22 MIL PS Industry spend -$40B Gε SCOUGH Ο Industry spend -$50B Industry spend $20B Investor Meeting | 10 September 2014 © 2014 General Electric Company - All rights reserved 17 Source: GE Oil & Gas; spend estimates GE Oil & Gas based on Wood Mackenzie, Rystad

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