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Item 9.01
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Financial Statements and Exhibits
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This document contains a number of forward-looking
statements. Words, and variations of words, such as “expect,” “anticipate,” “intend,” “plan,”
“believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,”
“target,” “preliminary,” or “range,” and similar expressions are intended to identify these forward-looking
statements, including but not limited to statements about: the expected timing, size or other terms of each Tender Offer; our ability
to complete each Tender Offer; impacts of the COVID-19 pandemic on our business operations, financial results and financial position and
on the world economy; our expected financial performance, including cash flows, revenues, organic growth, margins, earnings and earnings
per share; macroeconomic and market conditions and volatility; planned and potential business or asset dispositions, including our plan
to combine our GE Capital Aviation Services (“GECAS”) business with AerCap Holdings N.V. (“AerCap”); our de-leveraging plans, including leverage
ratios and targets, the timing and nature of specific actions to reduce indebtedness and our credit ratings and outlooks; GE Capital Global
Holdings, LLC (“GE Capital Global Holdings”)’s and our funding and liquidity; our businesses’ cost structures
and plans to reduce costs; restructuring, goodwill impairment or other financial charges; or tax rates.
For us, particular uncertainties that could cause
our actual results to be materially different than those expressed in our forward-looking statements include, but are not limited to:
the continuing severity, magnitude and duration of the COVID-19 pandemic, including impacts of the pandemic, of businesses’ and
governments’ responses to the pandemic and of individual factors such as aviation passenger confidence on our operations and personnel,
and on commercial activity and demand across our and our customers’ businesses, and on global supply chains; the extent to which
the COVID-19 pandemic and related impacts will continue to adversely impact our business operations, financial performance, results of
operations, financial position, the prices of our securities and the achievement of our strategic objectives; our success in executing
and completing asset dispositions or other transactions, including our plan to combine our GECAS business with AerCap and our plan to
exit our equity ownership position in Baker Hughes, the timing of closing for such transactions, the ability to secure regulatory approvals
and satisfy other closing conditions (as applicable), and the expected proceeds, consideration and benefits to GE; changes in macroeconomic
and market conditions and market volatility (including developments and volatility arising from the COVID-19 pandemic), including interest
rates, the value of securities and other financial assets (including our equity ownership position in Baker Hughes and the equity ownership
position that we will hold in AerCap after completing our announced plan to combine GECAS with AerCap), oil, natural gas and other commodity
prices and exchange rates, and the impact of such changes and volatility on our financial position and businesses; our de-leveraging and
capital allocation plans, including with respect to actions to reduce our indebtedness, the timing and amount of our dividends, organic
investments, and other priorities; further downgrades of our current short- and long-term credit ratings or ratings outlooks, or changes
in rating application or methodology, and the related impact on our liquidity, funding profile, costs and competitive position; GE’s
liquidity and the amount and timing of our GE industrial cash flows and earnings, which may be impacted by customer, supplier, competitive,
contractual and other dynamics and conditions; GE Capital Global Holdings’ capital and liquidity needs, including in connection
with GE Capital Global Holdings’ run-off insurance operations and discontinued operations such as Bank BPH, the amount and timing
of any required capital contributions and any strategic actions that we may pursue; the impact of conditions in the financial and credit
markets on GE Capital Global Holdings’ ability to sell financial assets; the availability and cost of funding; and GE Capital Global
Holdings’ exposure to particular counterparties and markets,
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including through GECAS to the aviation sector and adverse impacts
related to COVID-19; global economic trends, competition and geopolitical risks, including changes in the rates of investment or economic
growth in key markets we serve, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and China or other countries,
and related impacts on our businesses’ global supply chains and strategies; market developments or customer actions that may affect
levels of demand and the financial performance of the major industries and customers we serve, such as secular, cyclical and competitive
pressures in our Power business, pricing and other pressures in the renewable energy market, levels of demand for air travel and other
dynamics related to the COVID-19 pandemic, conditions in key geographic markets and other shifts in the competitive landscape for our
products and services; operational execution by our businesses, including the operations and execution of our Power and Renewable Energy
businesses, and the performance of our Aviation business; changes in law, regulation or policy that may affect our businesses, such as
trade policy and tariffs, regulation related to climate change, and the effects of tax law changes; our decisions about investments in
new products, services and platforms, and our ability to launch new products in a cost-effective manner; our ability to increase margins
through implementation of operational changes, restructuring and other cost reduction measures; the impact of regulation and regulatory,
investigative and legal proceedings and legal compliance risks, including the impact of Alstom and other investigative and legal proceedings;
the impact of actual or potential failures of our products or third-party products with which our products are integrated, and related
reputational effects; the impact of potential information technology, cybersecurity or data security breaches at GE or third parties;
and the other factors that are described in “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended March
31, 2021, filed with the SEC on April 27, 2021, and our Annual Report on Form 10-K for the year ended December 31, 2020, filed with the
SEC on February 12, 2021, as such descriptions may be updated or amended in any future reports we file with the SEC.
There may be other factors not presently known to us or which we
currently consider to be immaterial that could cause our actual results to differ materially from those projected in any forward-looking
statements we make. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this document
except as required by applicable law or regulation.
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