Energy Transition Market Growth

Nuclear SMR is a meaningful growth opportunity Our launch project EGE VERNOVA Priority regions for SMR growth (GW) Planned BWRX-300 by Ontario Power Generation at Darlington 1ST North American commercial contract for an SMR with framework agreement for three more SMR units THE ONLY DESIGN that leverages an existing licensed reactor design and fuel that is currently manufactured 2035: ~5 2050:~18 2035: ~12 2035: ~20 2050: ~200 2050: ~41 2035:~20 2050: ~86 Scaling SMR business to generate $2B+ in annual revenue by the mid-2030s © 2024 GE Vernova and/or its affiliates. All rights reserved. Sources: U.S. DOE, NNL, IESO, Carbon Free Europe 32 32

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