General Electric Investor Presentation — March 2017

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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 ex pressed 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 quar terly reports on Form

10-Q. We do not undertake to update our forward -looking statements. This document also includes certain forward -looking projecte d financial information that is based on

current estimates and forecasts. Actual results could differ materially.GE Power & Renewable Energy

March 8, 2017GE update

Acquisition integration: Alstom, Baker Hughes

2017 -2018 cost program

2Acquisition integration update

Delivered $1.5B synergies in 2016 vs. $1.1B target …

offset with higher restructuring cost

Original ~$1.9B synergy investment estimate now

Making GE more competitive: broader gas offerings,

steam, power extended scope, grid

Incremental growth opportunities: Steam, HRSGs '16 '17E '18FAlstom

$.05 ex FX$.18 -.20Learnings from Alstom integration

1|Integration: Co-locate the teams to drive shared vision

around day 1 business continuity

2|Operations: Provide clarity on synergy baseline & targets …