Imagination at work. REPICT – October 01, 2015

© 2015 General Electric Company - All rights reserved 2

3 GE: A tradition of innovation 1879 Carbon Filament Incandescent Lamp 1895 World’s Largest Electric Locomotive 1920 Portable X-Ray Machine 1921 The Magnetron 1941 Entering the Jet Age 1998 Lightspeed™ CT Scanner 2002 Wind Power 2003 Evolution® Locomotive 2009 Vscan™ 2010 WattStation™ 2012 Durathon™ Battery 47,000 GE patents issued Global Research  3

© 2015 General Electric Company - All rights reserved 4 World-class research talent … breadth and depth NISKAYUNA RIO DE JANEIRO MUNICH BANGALORE SHANGHAI SAN RAMON OKLAHOMA GE industrial research lab founded technologists 68 nationalities 2000 Patents filed per year 20 average years of experience Global Research  4 ISRAEL MICHIGAN

© 2015 General Electric Company - All rights reserved 5 History −95+ years in Brazil −Started with GE Lighting in Rio de Janeiro, 1919 Today −9500+ employees; 18 Facilities −Annual revenue $4B −Oil & Gas, Healthcare, Transportation, Aviation, and Energy segments BRAZIL TECHNOLOGY CENTER IN RIO DE JANEIRO GE in Brazil Global Research  5

© 2015 General Electric Company - All rights reserved 6 Our Purpose Solve the toughest technology challenges for GE’s Customers in Latin America; export solutions to the rest of the world Imagination at work.

© 2015 General Electric Company - All rights reserved guests 100+ companies 50 journalists GE senior leaders Brazil Technology Center Inauguration: November 13, 2014

© 2015 General Electric Company - All rights reserved 8 R&D portfolio Product portfolio GLOBAL LOCAL R&DProducts Customers/Partners Strong global network of R&D and product resources Direct linkages and co-development with customers and partners Localized product development and manufacturing Increased speed-to-market Developing a global R&D network Research globally, develop locally…

© 2015 General Electric Company - All rights reserved 9 Technology Centers–of-Excellence (CoE’s) SMART SYSTEMS BIOENERGY SYSTEMS SOFTWARE & ANALYTICS Digital Factory NextGen Field Services Asset Management Platforms Operations Optimization OFFSHORE & SUBSEA SYSTEMS Controls & Autonomous Operations Data Monitoring & Predictive Analytics Power Electronics & Electrical Systems Production Assurance Production Systems Drilling Systems Integrity & Reliability Separation Processes & Chemicals Application Bioenergy Generation & Systems Optimization Thermal Processes Optimization & Fuel Flexibility

© 2015 General Electric Company - All rights reserved IP Generation/Capture - Global Research Centers

© 2015 General Electric Company - All rights reserved IP Protection

© 2015 General Electric Company - All rights reserved 12 Portfolio de PI na GE GE Offices focusing global strategic management of patents and trademarks – GE GPO & CTO Global Technology Committees for Inventions Assessment – “Patent Evaluation Boards” Internal Tool for tracking of invention disclosures – “Inventor`s Center” Unified internal database GE IP Portfolio Protection

© 2015 General Electric Company - All rights reserved 13 Portfolio de PI na GE In Brazil we are constantly assessing the local IP environment in order to better protect developed technology with local focus; We are testing different ways of protection including green patent applications. GE IP Portfolio

© 2015 General Electric Company - All rights reserved IP Exploration - GE Businesses - Partners - Customers 14

© 2015 General Electric Company - All rights reserved 15 Innovation Steps GenerateCaptureProtectExplore Global Research Centers concentrating R&D activities worldwide Creation Acknowledgemen t and retention of ideas, creations, and inventions with innovative potential Indentify IP mechanisms – transforming ideas, creations into commercial assets worldwide Formation Usage of a number of potentialities of protected assets within GE Businesses, partners, and customers Management and use

© 2015 General Electric Company - All rights reserved 16 collaborative Equity GTM Partner- ships License Co-Dev Incubate transactions… Partnerships with Entrepreneurs & Co-Investors Partnerships with Entrepreneurs & Co-Investors IP… Not just networks … but partnerships & GE Ventures Open Innovatio n

© 2015 General Electric Company - All rights reserved 17 Drives GE growth by licensing IP to trusted partners Licensing

© 2015 General Electric Company - All rights reserved 18 Technology Transfer and Licensing : PFS Phosphor GE coating technology in consumer displays Source: GE Internal.

© 2015 General Electric Company - All rights reserved 19

© 2015 General Electric Company - All rights reserved 20

© 2015 General Electric Company - All rights reserved 21

© 2015 General Electric Company - All rights reserved 22

© 2015 General Electric Company - All rights reserved 23 INTERACTIONS WITH UNIVERSITIES AND THEIR KNOWLEDGE

© 2015 General Electric Company - All rights reserved 24 Collaborative Innovation Platform – Crowd Sourcing GE IP portfolio available for Quirky users in order to improve collaborative innovation

© 2015 General Electric Company - All rights reserved 25 GE Ventures – Incubations Incubations are internal & external startups, run by entrepreneurs and intrapreneurs to test and develop market- shaping business platforms. (Currently in North America and China)

© 2015 General Electric Company - All rights reserved What makes a good incubation candidate? At a high level:

© 2015 General Electric Company - All rights reserved 27 GE Ventures investing at a glance SOFTWARE & ANALYTICS HEALTHCARE ENERGY ADV MANUFACTURING Equity + PartnershipPortfolio CompaniesCheck Size Up to $200M/yr.50+$1-$15M StageOfficesCountries Invested Seed to GrowthSilicon Valley, Boston, Houston, Israel 12

GE GE Shareholder s Partner s Innovation Models for…