Vic Abate, Chief Technology Officer & SVP, GEMarch 21, 2017

GE Global Research … A Cornerstone of the GE Store

Caution Concerning Forward-Looking Statements:This document contains "forward-looking statements" – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. For details on the uncertainties that may cause our actual future results to be materially different than those expressed in our forward-looking statements, see http://www.ge.com/investor-relations/disclaimer-caution-concerning-forward-looking-statements as well as our annual reports on Form 10-K and quarterly reports on Form 10-Q. We do not undertake to update our forward-looking statements. This document also includes certain forward-looking projected financial information that is based on current estimates and forecasts. Actual results could differ materially.

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GE Global Research Centers

Access to best global talent - regional connections - horizontal technical community

Core research centers Focused incubation centers

United StatesNiskayuna

India Bangalore

BrazilRio de Janeiro

ChinaShanghai

GermanyMunich

DetroitAdvanced

manufacturing

San RamonDigital

PittsburghAdditive

Oklahoma CityShale gas

IsraelCyber

SaudiHot & harsh

At a glance

~3,000 patentsper year across GE

~100,000 visitorsglobally per year

2,000+ PhDs, Scientists & Engineers

Confidential. Not to be copied, distributed, or reproduced without prior approval.

2014RECORDBREAKINGHA GAS TURBINE

1998

1879CARBONFILAMENT INCANDESCENT LAMP

1895 WORLD’S LARGESTELECTRIC -LOCOMOTIVES 1896 FIRST X-RAY

MACHINE

1941 FIRST US JET ENGINE

Strong track record of innovation & invention

2006FIRSTMULTIPLEIMAGE CTSCANNER

WORLD’SMOSTEFFICIENTWINDTURBINE

“I find out what the world needs, then I proceed to invent it” – Thomas Edison

Confidential. Not to be copied, distributed, or reproduced without prior approval. A forward leaning Global Research & Disruption Center

Transforming GE Global Research … focusing on outcomes & speed

SEE the future

MOVE the future

CREATE the future

TOFROM

Research Technology +

Technical silos One technical alphabet

Scientific support Research + Disruption

Everything to everyone Critical Break Outs

Redundant capability Regional Growth& Productivity

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EFFICIENT capital deployment

Product Managementas a Science

DRIVE sustained differentiation

BreakoutMoves

UTILIZE exponentialtechnologies

EdgeLab

EXPAND product margins

Variable Cost Productivity

Driving Better GE Businesses, Better GE Store & Better GRC

Launched four new interdisciplinary labs … Technology+

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ENERGY TRANSPORTATION HEALTHCARE

Intersection of physics & markets … modeling the future & disruption

Industrial ecosystem models … basis for Product Management strategy

Collection to Consumption

Origin to Destination

Quality of

Life

Mass moved

Tons x kmPassenger x km

Speed

Patient needs

Yearsof quality life

BTUs harvested

Electrons delivered

$5T $4T $8T

Digital & Advanced Manufacturing

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INNOVATING faster than “Moore’s Law” of our industries

Product Breakouts

Applying world’s FASTEST moving technologies

ExponentialBreakouts

Science based DIFFERENTIATIONfor the GE Store

Horizontal Breakouts

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Forward leaning breakout moves

Driving speed of adoption as a GE differentiator

Confidential. Not to be copied, distributed, or reproduced without prior approval. Jkl;jlkj;lk 8

Product Breakouts … redefining industry competitiveness

Doubling the production of

traditionaloil & gas wells

Best-in-class system architecture &

products to reduce costs by 20%+

World’s most efficient aircraft propulsion

system

World’s lowest cost of energy, highest

output, land-based wind turbine

Extending world-record efficiency

leadership

Industry-leading speed to diagnosis …

10 minute exam

Accelerating technology infusion into next-gen products

2X Well Cost Leading Storage & Solar

Turbo-Electric Propulsion

3 Cent Wind 65% CC GT Plug & Play MRI

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Power

Aviation

Transportation

Healthcare

Current

Energy Connections

Renewables

O&G

Technology adoption at GE

Efficiently deploying R&D capital

Horizontal Breakouts … the power of the GE Store

Innovators &early adopters Fast follower SiC CMC Controls

/ Edge Robotics Invest.Castings

DigitalTwin AI

HotterFaster Smarter Productive Precognitive Strategic “No laws”

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Confidential. Not to be copied, distributed, or reproduced without prior approval. Jkl;jlkj;lk

Exponential Breakouts … platforms for future GE businesses

Seeing around corners … right play at the right time

Additive

Inspection as a Service

Dispatchable Renewables

LasersMaterialsSystemsSoftware

RenewablesBatteries

Electric vehiclesGrid

RoboticsDronesSensors

Artificial intelligence

Cost

Performance

Degrees of freedom

Future technology trends

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GE Research weekly op rhythmSee, Move, Create the Future

Operationalizing the GE Store … focused on business impact

© 2017, General Electric Company. All Rights Reserved.

Ideas, expertise, speed, scale … our unique advantage

Strategic moves ...Interdisciplinary labs

Accelerated technical infusion …Product Breakouts

Advanced technology for the GE Store ...Horizontal Breakouts

Creating GE’s future ...Exponential Breakouts

Business CEO Reviews …Debate, strategy, accountability

HEALTHCARE

TRANSPORTATION

AVIATION

POWER

RENEWABLE ENERGY

OIL & GASCURRENT

GLOBALRESEARCH

Global Growth Organization

Digital

GE Ventures

ENERGYCONNECTIONS

& LIGHTING