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Investor Presentaiton

Free cash flows (FCF) by quarter Excludes GE Health Care results FREE CASH FLOWS (FCF) (NON-GAAP) (Dollars in millions) CFOA (GAAP) 1Q'22 2Q'22 3Q'22 4Q'22 2022 $ (924) $ 490 $ 813 $ 3,644 $ 4,023 Less: CFOA from insurance (15) 70 (7) 88 136 CFOA excluding Insurance (Non-GAAP) $ (909) $ 420 $ 820 $ 3,556 $ 3,887 Add: gross additions to property, plant and equipment(a) (239) (262) (223) (337) (1,061) Add: gross additions to internal-use software(a) (22) (26) (30) (35) (113) Less: separation cash expenditures Less: Corporate restructuring cash expenditures Less: taxes related to business sales Free cash flows (Non-GAAP) (10) (60) (106) (178) (38) (38) (50) (69) (10) (129) $ (1,169) $ 192 $ 697 $ 3,338 $ 3,059 Gε * Non-GAAP Financial Measure (a) Included in Gross CAPEX We believe investors may find it useful to compare free cash flows* performance without the effects of CFOA related to our run-off Insurance business, separation cash expenditures, Corporate restructuring cash expenditures (associated with the separation-related program announced in October, 2022), taxes related to business sales & eliminations related to our receivables factoring & supply chain finance programs. We believe this measure will better allow management & investors to evaluate the capacity of our operations to generate free cash flows. 2023 GE INVESTOR CONFERENCE 119
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