GE fourth quarter & full year 2022 performance

GE Aerospace: Margin: 18.8%, (150)bps* … volume & price offsetting
negative engine mix, investment & other costs.

Power: Margin: 13.8%, +710bps* … higher volume, better
price/cost & productivity.

FY 2023 Outlook: Profit: volume, price + productivity > mix + inflation.

Renewable Energy: Onshore better… price & cost
actions, large 2H down payments; Offshore growth.

Power: Gas outage volume higher; Gas equipment
growth; profit: volume, productivity + price > inflation.