Imagination at work.

GE Shareowners Meeting April 23, 2014

Progress

Forward-Looking Statements: This document contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; potential market disruptions or other impacts arising in the United States or Europe from developments in sovereign debt situations; the impact of conditions in the financial and credit markets on the availability and cost of General Electric Capital Corporation’s (GECC) funding and on our ability to reduce GECC’s asset levels as planned; the impact of conditions in the housing market and unemployment rates on the level of commercial and consumer credit defaults; pending and future mortgage securitization claims and litigation in connection with WMC, which may affect our estimates of liability, including possible loss estimates; our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so; the adequacy of our cash flows and earnings and other conditions which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; GECC’s ability to pay dividends to GE at the planned level; our ability to convert pre-order commitments/wins into orders; the price we realize on orders since commitments/wins are stated at list prices; the level of demand and financial performance of the major industries we serve, including, without limitation, air and rail transportation, energy generation, real estate and healthcare; the impact of regulation and regulatory, investigative and legal proceedings and legal compliance risks, including the impact of financial services regulation; our capital allocation plans, as such plans may change including with respect to the timing and size of share repurchases, acquisitions, joint ventures, dispositions and other strategic actions; our success in completing announced transactions and integrating acquired businesses; our ability to complete the staged exit from our North American Retail Finance business as planned; the impact of potential information technology or data security breaches; and numerous other matters of national, regional and global scale, including those of a political, economic, business and competitive nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements. “This document may also contain non-GAAP financial information. Management uses this information in its internal analysis of results and believes that this information may be informative to investors in gauging the quality of our financial performance, identifying trends in our results and providing meaningful period-to-period comparisons. For a reconciliation of non-GAAP measures presented in this document, see the accompanying supplemental information posted to the investor relations section of our website at www.ge.com.” “In this document, “GE” refers to the Industrial businesses of the Company including GECC on an equity basis. “GE (ex-GECC)” and/or “Industrial” refer to GE excluding Financial Services.” GE’s Investor Relations website at www.ge.com/investor and our corporate blog at www.gereports.com, as well as GE’s Facebook page and Twitter accounts, contain a significant amount of information about GE, including financial and other information for investors. GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.

2

Environment

U.S. economy strengthening

G

G Y

Geopolitical instability

Y

G Y

Growth + volatility

Low inflation

Supportive monetary policy

Emerging markets are mixed

Europe stable/slow growth

G Y

R Y

3

Financial strength: year-end 2013

$89B 16%

58%

$244B

Operating EPS growth

9%

International

5% 15.7%

R&D spend Margins

Backlog Cash Dividend increase

43%

Services

4

Investor-friendly capital allocation

2010-2013 capital allocation

Returning significant capital to investors and investing for growth

Dividends Buyback M&A

Strategy

Dividend remains #1 priority … ~3.3%

yield and high payout ratio

Steady progress on share count … plan

for Retail Finance exchange in ‘15

Acquisitions … bolt-on and

opportunistic transactions

Organic investment in innovation,

productivity, global growth

Safe & secure

$26B

$19B

$23B

5

Earnings dynamics

+ Focused on organic growth & margin enhancement

+ Big backlog of high-margin products & services

Consistent Industrial performance Focused GE Capital

'11 '12 '13 '14E

$14.1

Margins 14.8% 15.1% 15.7% +

Portfolio executing for investors

$15.5 $16.2

++

Segment profit ($B)

'11 '12 '13 '14E

$6.5

ENI ($B)-a) $445 $419 $380 –

$7.3

$8.3

~$7

Earnings ($B)

+ Exiting Retail Finance … beginning in 2014

+ Returning cash to the parent … ‘13 dividend of $6B

(a- Reported basis, excluding cash and equivalents.

6

First quarter results

1Q execution Industrial segment organic revenue

+8% ... operating profit +12%

Industrial margins up 50 bps. vs. 1Q13

driven by value gap & cost execution

GE Capital earnings $1.9B, flat on

lower assets

CFOA of $1.7B, $0.5B GECC dividend

$3.4B cash returned to shareowners

$0.33

$34.2B

Revenue Operating EPS

Off to a strong start

Revenue Operating EPS

7

Performance drives returns

2011 EPS excludes the effects of the preferred stock redemption

Operating EPS

$1.13

$1.37 $1.51

+

’10 ’11 ’12 ’13

Total shareowner return

2010-today 101% 85%

2013 38% 32%

2014 YTD (4)% 2%

GE S&P 500

’14E

$1.64

Driving long-term growth & competitive advantage

9

GE strategy Premier infrastructure company

+ Technical leadership & scale

+ Growth market capabilities … breadth & depth

+ Services driving customer outcomes through analytics

+ Culture of simplification … low cost + speed Valuable specialty finance

30%

70%

Enterprise advantages

Organic growth

'12 '13 '14F

8%

~4-7%

0%

’12 ’13 ’14E

Strategic execution

Margins

'12 '13 '14F

15.1% +

15.7%

’12 ’13 ’14E

Capital allocation

'11-'13 '14F-'16F

$87 ~$90

’11-’13 ’14E-’16F

10

Big trends where we win

+ Leadership in infrastructure

+ Growth markets expansion

+ Energy: efficiency + age of gas

+ Global transportation build-out

+ Distributed delivery in Healthcare & Power

+ Merger of physical world with big data

+ Advances in materials & manufacturing

+ Solutions: clean energy/affordable healthcare

11

Technical leadership

Investment ($B)

$16 ~$17

’10-’12 ’13-’15F

% revenue 5-6 ~5

GRC pushes capabilities rapidly across the Company

Execution on big and complex systems … technical scale

Foundation of materials, modeling, and manufacturing science

Strong linkage with customers and partners

Product management tools to integrate gaps and simplification

1

2

3

4

5

Why we win

Value creation

• Broad and deep technical reach

• Deep technical foundation

• Global footprint

12

GE wins in Aviation

GEnx CFM LEAP

& Passport

GE9X

2011 2015-2016 2020 Composite fan

Compressor

Lean combustion

Ceramic-matrix composites (CMCs)

Composite fan blade

Most advanced compressor

Lowest NOx and carbon emissions

Most advanced materials

Fuel

burn

Competitive

advantage

Backlog

IB growth

+10%+

+

$125B ~46k

~13k

’20 ’00

-c)

Generational leadership

Lead in this cycle Built on exclusive

GE technology

(a- CFM is a 50/50 JV (GE & Safran) (b- Includes GE, CFM, and EA engines (c- Includes technologies developed with/by partners

-a)

-b)

13

Services growth

'12 '13 '14E

Revenue ($B)

$43

+

$45

Why we win

Margin

Value creation

+

• Large installed base

• Positioned on the same side as the customer

• Investing in analytics to achieve customer outcomes

Backlog + $180 $157 Deep domain expertise

Repair technology and field productivity

Asset and operations optimization through analytics

Focus on mature fleets

Big CSA backlog

30% 29% 1

2

3

4

5

+

Physical Analytical

14

Analytics impact: Oil & Gas Plant & Platform Subsea Pipeline

Vision: Delivering asset & production optimization for plant facilities

Ho

w w

e d

eli

ve

r th

em

T

op

ou

tco

me

s

Field

Productivity opportunity

$90B+ Average cost of downtime per day

$.5-10MM

Equipment Availability

Equipment Reliability

Operational Efficiency

Production Optimization

Are

as

of

focu

s

Service vision … no unplanned downtime + asset optimization

15

Winning in growth regions

Growth market orders ($B)

$41

+/++ $46

Querétaro

engineering center

Sell in 170 countries

First mover in localization

Best customers and partners

Lower cost through breadth & scale

Offer new market solutions

1

2

3

4

5

Value creation

• Consistent investment in growth regions … through the cycles

• We have the broadest, most integrated market footprint … lead competition

• Results … 17% AAGR since 2010

+

Why we win

Dubai Air Show

CFM56 is a CFMI (a 50/50 JV with GE and Snecma) engine

‘12 ‘13 ’14E

16

'12 '13 '14E '16F

Simplification: low cost and speed

'12 '13 '14E '16F

15.1% 15.7%

+

Product & service productivity

Advanced manufacturing

Cycle time reduction (FastWorks)

Lower structural costs

~17%

Drivers

17.5%

~14% ~12%

15.9%

Segment margins SG&A % of sales

’13 ’12 ’14E ’16F ’13 ’12 ’14E ’16F

Deliver on annual margin improvement

Lean organization & structure

60% shared services

IT capability & strength

Smaller headquarters

Drivers

17

Leading the way in Advanced Manufacturing

Additive Manufacturing

Rapid Prototyping & Micro-Mfg.

Advanced

Robotics

Ceramic-Matrix Composites

Fuel nozzle - combines 20 1

300+ 3D printers used across GE

Substantial content by 2020

Partnership with Local Motors &

University of Louisville

Rapid products + hypothesis testing

Small lots with lean production

Progress so far Partners

New R&D center

Advanced SW to drive productivity

New facility in Asheville, NC

Production by year end ’14

Technology

18

FastWorks

Aviation Commercial Ops

See next page

Empower teams… delegate to regions

Pre-approve common T&Cs

Move measurements to activity lanes

Large block gas turbine NPI (“H”)

61% + efficient

~400MW + output

Cycle time 50%

Lower cost

Customer value

Higher transaction volume Larger deal size

Regional R-table

Pre-approved Fast track HQ approval

Driving speed & outcomes for our customers

Increase speed to market

Improve chance of success

Reduce time to implement

Iterative approach

Engage customers early

Solve problems &

drive business

impact through

experimentation

and iteration

Winning with speed

19

Valuable portfolio

Sustainable organic growth

Ind’l. 70%

+

’15F

Industrial ++

Cash from Capital

EPS every year

4-7%

’14E

Technology

Services

Growth markets

Simpler way to run the company

Significant cash Expanding returns

14.3%

‘13 ’16F

~17%

Steady progress

~$90B

’14E-16F

Dividend

Buyback

Acquisitions

15.9%

’13 ’16F

~12%

Faster, commercial

intensity, digital

(Industrial)

Expanding margins

15.7%

’13 ’16F

~17%

Steady progress Balanced &

disciplined allocation

Sustainable performance

(Industrial SG&A % of sales)