Investor Presentaiton

Strong cash generation in 2023 FCF* bridge $4.4B-a) $4.9B Up 2019 2022 Earnings Working capital AD&A CapEx & other 2023E GE Aerospace 2023 dynamics Earnings & working capital driving free cash flow* growth Working capital improvement from higher Services billings & reduced days sales outstanding AD&A $(0.5)B; aligns to airframer delivery schedules FCF conversion*-b) 100%+ * Non-GAAP Financial Measure (a - Not adjusted for the impact of factoring programs discontinued in 2021 (b - FCF conversion*: segment FCF* / segment net income, as further adjusted to include restructuring expenses that are adjusted out of our non-GAAP financial measures. 2023 GE INVESTOR CONFERENCE 62

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