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We are GE Nordic Region

We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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Page 1: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

We are GE Nordic Region

Page 2: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

2 / GE Nordic region /

April 11, 2023

2

We are a high-tech infrastructure and services company with the benefit of a financial services engine.

We are GE

2 We Are GE

Feb 2011

Page 3: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

3

GE Today – 2010 Revenue

~$150B Revenue

$12.6B earnings

$14.7B cash flow

GE Energy Infra$37.5B

GE Capital $47.0B

Home & Business $25.5BSolutions, Media

Energy

Oil & Gas

Power & Water

Healthcare $16.9B

Aviation $17.6B

Transportation $3.4B

Page 4: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Our Strategy

Be Global

Connect locally, scale globally

Drive InnovationLead with technology and content innovation

Build RelationshipsGrow customer and partner relationships worldwide

Leverage Strengths

Use GE’s size, expertise, financial capability, and brand

Page 5: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

We invest in people and develop global leaders in

a high-integrity environment.

Our Culture

We perform with excellence focused

on organic growth, productivity, and risk management.

Page 6: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Global Trends …

… Create Big Challenges

Population Consumption Energy Security

Environment

Page 7: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

..for a better planet

..for a healthier population

Page 8: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Nordic Region

GE entered the Nordic market in 1963

6 500 employees

Hans Enocson, National Executive for the Nordic Region, is based at the Nordic headquarters in Stockholm

Revenues 2010: Global 150 billion USD Nordic 2 billion USD+ exports from Nordic of around 2.5 billion USD

Page 9: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Major Acquisitions:• Nordisk Re - 1988 • Pet Technology - 1988/92 • Finax, Sweden, Norway – 1993• Vendax/Nordic/Bilfinans, Sweden – 1994• Nevi Finans Denmark – 1994• Programma Electric, Sweden – 2000 (Sold 2007)• Kværner Thermal and Hydro Power – 2001 • Stenvalvet, Sweden - 2001• Accept Finans Denmark - 2002• ABB Structured Finance – 2002• Instrumentarium Finland – 2003• Amersham – 2004• Universal Pictures – 2004• Biacore – 2006• BTB Bank Latvia - 2006• Vetco Gray – 2007• PAS Technologies - 2008• BREAS Medical – 2008• Scanwind – 2009• Dresser - 2010

Page 10: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Technology InfrastructureGE Technology Infrastructure is transforming the world. In healthcare, we help our partners diagnose, treat, and monitor disease earlier than ever. In the air and on the ground, we keep the world running smoothly with imaginative solutions that improve lives.

Healthcare

Transportation

Aviation

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April 11, 2023

Energy InfrastructureGE Energy Infrastructure provides a broad range of solutions that power the industry worldwide. From gas and steam turbines to drilling equipment and water- processing systems—our technologies work together to improve performance and reduce costs.

Energy Services

Oil & Gas

Power & Water

Page 12: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

FinanceGE Capital offers an array of products and services that enable businesses to grow. We are a leading provider of credit services and financing options to consumers, retailers, aviation providers, and many commercial industries around the world.

GE Money

Page 13: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Home & Business SolutionsGE Home & Business solutions provides a broad range of products and services throughout the world, including appliances, lighting and automation solutions.

Appliances

Lighting

                          

 

Intelligent Platforms

Page 14: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

Our history

Page 15: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE – a global innovator since 1878

The history of GE begins in 1878 with founder Thomas Alva Edison.The first carbon filament light bulb was invented 1879. The General Electric Company was founded in 1892.

Page 16: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

Tradition of innovation

1941

– U

S fir

st je

t eng

ine

1927

– H

ome

tele

visi

on

rece

ptio

n

2009

– P

ocke

tsiz

ed

ultr

asou

nd

1917

- Hou

seho

ld

refrig

erat

ors

1913

- X

-ray

tube

1905

– E

lect

ric to

aste

r

1879

– C

arbo

n fil

amen

t inc

ande

scen

t

lam

p

1959

– H

alog

en la

mp

2002

– 4

D im

agin

g fo

r ul

tras

ound

1983

– M

agne

tic R

eson

ance

Imag

ing

Syst

emimagination at work

Page 17: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE’s Dr. Ivan Giaever received the 1973 Nobel Prize for physics for his 1960 discovery of superconductive tunneling.

GE scientist Irving Langmuir won the Nobel Prize 1932 for his pioneering research in the field of surface chemistry.

Nobel Prize laureates

Page 18: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Global ResearchBegan in Schenectady, New York in 1900

Founded with the focus to improve businesses through technology

c. 1900Today: One of the world’s most diverse industrial labs and the cornerstone of GE’s commitment to technology

Niskayuna, New York Munich, Germany Bangalore, India Shanghai, China

2,800 research employees26,000 GE technologists worldwideGE technology spend: ~$6B

Page 19: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Our Innovation

From Thomas Edison’s first commercially viable light bulb to the first x-ray machines, we’ve continued to redefine what’s possible for the world. Our recent developments include: 

MAC 400 compact ECG

Evolution Series locomotive

Discovery CT750HD

GEnx jet engine

V-scan LEAP-X engine

2.5 MW turbine

Page 20: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Innovative solutions to environmental challenges

Page 21: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Ecomagination certification

environmental

performance

operating performance &

“green is green”

Page 22: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

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April 11, 2023

TrueCourse™ Flight management system enables green arrivals

Environmental BenefitReduced emissions and less noise

Operating BenefitReduced fuel consumption

SAS estimates that from a potential 36,000 TrueCourse™ descentsyearly into Stockholm alone, annual benefits could reach $6 million in fuel savings.

Page 24: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

Sustainable Cities&

Infrastructure

Page 25: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Sustainable solutions

Page 26: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

..for a better planet

..for a healthier population

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April 11, 2023

$6B investment to deploy innovative ideas and technology to sustain health

lowering costs

improving quality of care

reaching more people in all parts of the world

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April 11, 2023

Cost savings

Access improvement

Quality improvement

1) Greater efficiency•Asset optimization•Maximize throughput

•Reduce diagnosis & treatment variance

2) Therapy decision-support

3) Managing chronic diseases

1) Maternal & infant care

2) Water & sanitation

3) Screening for life-threatening conditions

4) Technology to extend reach (remote access and portability)

1) Reducing medical errors

2) Improving diagnostic capability

3) Remote medicine/monitoring

4) Early disease detection

3rd party validation by Oxford Analytica

15% 15% 15%

Page 29: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Olympic Games

• Lighting fixtures and systems

• Equipment and transportation management

• Healthcare: MRI and ultrasound equipment

• Security equipment and systems

As a Worldwide Olympic Partner, GE is the exclusive provider of a wide range of innovative products and services that are integral to staging a successful event.

• Rail transportation systems

• Aircraft engines

• Water treatment facilities and services

• Energy generation and distribution systems

Page 30: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

As an Elite Partner of the British Triahtlon Federation, our sponsorship will provide support and expertise to the British Triathlon teams as they prepare and compete at the highest levels in the run up to the London 2012 Olympic Games.

Page 31: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

Corporate Citizenship

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April 11, 2023

What is Corporate Citizenship?Shapes the values underpinning a company’s mission and the choices made each day by its executives, managers and employees as they engage with society.

Four core principlesMinimize harmMaximize benefitBe accountable and responsive to

stakeholdersSupport strong financial results

Page 33: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

The “Spirit”

The “Letter”

EthicsEthics•Doing the “Right Thing”•Values•Beliefs•Learning•Choices

ComplianceCompliance•Doing “Things Right”•Rules•Knowledge•Training•Discipline

The Spirit & The Letter

The foundation of a world-class compliance culture

Page 34: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

The Spirit & The Letter Policies

√ Improper Payments

√ Supplier Relationships

√ International Trade Controls

√ Money Laundering Prevention

√ Privacy

√ Working with Governments

√ Complying with Competition Laws

√ Fair Employment Practices

√ Environment, Health & Safety

√ Security & Crisis Management

√ Intellectual Property

√ Controllership

√ Conflicts of Interest

√ Insider Trading & Stock Tipping

Page 35: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE Citizenship Focus AreasGE’s commitment of resources – technology, process &

people – to solve some of the world’s toughest problems, making a difference for the world’s vulnerable populations

Improve standards and

achievement for primary & secondary education

Education

Improve health-care delivery in targeted

developing world

communities

Health

Improve access to

safe drinking water

for rural and peri-urban

groups

Environment

Provide humanitarian

relief support in times of extreme crisis and urgent

human need

Disaster Relief

Stakeholder Engagement / Reporting

Capacity Building and Volunteerism

Page 36: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

A leader in CitizenshipUS Chamber of CommerceFinalist, International Community Service, 2009

Maplecroft/Bloomberg Climate Innovation IndexRanked 1st Worldwide, 2010

Corporate Knights (Canada)World’s Most Sustainable Company, 2010

CERESBest Sustainability Report, 2009

Covalence Global Ethical RankingsTop in Sector, 2009

EthisphereWorld’s Most Ethical Company (Diversified Industries), 2010

CalvertTop 10 holding in Value Fund

InnovestHighest AAA rating, 2010

KLDGlobal Climate 100 IndexSelect Social Index, 2010

Dow Jones Sustainability IndexTop score in 2009 within the diversified industrials sector, including leaders in Corporate Governance, Codes of Conduct, Environmental Policy, Human Capital Development, Corporate Citizenship/Philanthropy and Social Reporting

Page 37: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

Our brand

Page 38: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

The GE monogram was created 1896

Page 39: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Our logo has changed little

1896 Today

Page 40: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Evolution of the Monogram

20041942 19921986 2003

19341930 1969195019001890s

Note: Timeline organized by official registration date and not the date it was first used.

Page 41: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE is the fourth most valuable brand in the world.

Source: Interbrand / Businessweek. Values stated in US$ billion.

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April 11, 2023

Page 43: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

Appendix

Page 44: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE water technologies purify enough water to satisfy the daily needs of 39 million people around the world.

Page 45: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Every 2 seconds, a GE-powered aircraft takes off.

Page 46: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

Each day, GE entertains and informs more than a hundred million people.

Page 47: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE Healthcare technology helps doctors save nearly 3,000 lives each day.

Page 48: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE power generation equipment creates a quarter of the world’s electricity every day.

Page 49: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE Capital provide credit to help companies grow and people reach their dreams.

Page 50: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE in Sweden ~ 2700 employees

Stockholm

Malmö

Umeå

Göteborg•

Uppsala•

Helsingborg•

GE Corporate: GE Corporate – NX office, StockholmGE International – Employee & Financial Services,

StockholmTechnology Infrastructure: GE HC Life Sciences, Uppsala, Umeå, Staffanstorp

GE HC Systems, StockholmGEMS PET, UppsalaBREAS Medical, GothenburgGE Intelligent Platforms, MalmöGE Inspection Technologies, Kista GE Transportation Rail Global Sales, Stockholm

Energy Infrastructure: GE Hitachi Nuclear Energy, StockholmGE Energy Optimization & Control, StockholmGE Water & Process Technologies, GothenburgDresser, Malmö

GE Capital: GE Money Bank, StockholmGE Capital - StockholmGE Real Estate, StockholmTIP Trailer, Helsingborg GECAS Aircraft Leasing – Stockholm

NBC Universal: Universal Pictures Nordic, StockholmConsumer & Industrial: GE Lighting, Stockholm

Power Protection, StockholmGE Appliances, Stockholm

Page 51: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE in Norway ~ 2 200 employees

TechnologyInfrastructure: GE Healthcare Medical Diagnostics - Oslo, Lindesnes, Kjeller GE Vingmed Ultrasound AS- Horten, Oslo, Bergen, Trondheim GE Healthcare Technologies Norway- Oslo GE Healthcare Clinical Systems - Oslo Datex Ohmeda AS – Oslo Energy Infrastructure: GE Aero Energy - Oslo GE Energy Oil & Gas - Oslo GE Energy Services-Bently Nevada -Bergen GE Energy Services Norway, Ågotnes VetcoGray, Asker, Stavanger, Bergen, Stjørdal GE Capital: GE Money Bank - Stavanger/Oslo GE Capital Solutions - Oslo GE Transportation Finance - Oslo GE Commercial Distribution Finance - Oslo GE Equipment Services-Tip Trailer Services, Vestby

NBC Universal: Universal Pictures, Oslo

Consumer & Industrial: GE Consumer & Industrial Lighting, Oslo

Page 52: We are GE Nordic Region. 2 / GE Nordic region / 10 October 2014 2 We are a high-tech infrastructure and services company with the benefit of a financial

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April 11, 2023

GE in Finland ~ 750 employees

Technology Infrastructure: GE Healthcare, Helsinki

GE Healthcare IT, Helsinki, KuopioGE Healthcare Life Scinces, Helsinki

GE Healthcare IMANET, TurkuGE Medical Systems, Helsinki

GE Healthcare Bio-Sciences, HelsinkiGE Security, Helsinki

GE Capital: GE Capital, Helsinki TIP Trailer Services, Helsinki

GE Distribution Finance, Helsinki

NBC Universal: Universal Pictures, Helsinki

Consumer & Industrial: GE Lighting, Helsinki

Power Protection, Helsinki

Helsinki

Turku••

•Tampere

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April 11, 2023

GE in Denmark ~ 430 employees

TechnologyInfrastructure: GE Healthcare Medical Systems, Brøndby GE Healthcare Life Sciences, Hillerød GE Healthcare Clinical Systems, Brøndby GE Power Controls, TilstEnergyInfrastructure: GE Jenbacher, Thorsø GE Wind, Sundby GE Water, Copenhagen PAS Technologies

GE Capital: GE Money Bank, Brøndby GE Capital, Brøndby

Consumer & Industrial: GE Lighting, Brøndby

Copenhagen

Odense

Esbjerg

Århus

•••

• Brøndby

•Hillerød

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April 11, 2023

GE in Latvia ~ 580 employees

GE Capital: GE Money Bank