GE board approves spin-off of GE Vernova; distribution set for April 2, 2024

GENERAL ELECTRIC CO

Record date March 19, 2024; shareholders receive 1 GE Vernova share for every 4 GE shares held.
GE Vernova to list on NYSE as 'GEV' on April 2; when-issued trading begins March 27 under 'GEV WI'.
Post-spin-off, GE will operate as GE Aerospace under existing ticker 'GE'.
Spin-off intended to be tax-efficient for U.S. shareholders; subject to conditions described in Form 10.

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