Operational Excellence and Growth in the Oil & Gas Industry

Driving innovation for customers Investing in technology ... Delivering at scale New enabling technologies Physics based models Imaging and sensing Next-gen compression • • ~$5B annual GE R&D spend 50,000 engineers 7 Global Research Centers, including the O&G-focused GTC • 1 Advanced Manufacturing Center • 13 O&G Technology Solutions Centers FastWorks approach New product introductions Validate technologies Aviation rigor Co-develop w/customers Large-scale customer projects Systems-level thinking Rigorous design process Integrating the GE Store GE Investor Meeting | 10 September 2014 © 2014 General Electric Company - All rights reserved 41

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