Company: GE
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001308179-25-000114
Chunk: 56

Company: GENERAL ELECTRIC CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 56
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 CEO and employees from certain countries representing in aggregate less than 5% of our employee base*, to arrive at the initial median employee. We then used annualized salary data converted to U.S. dollars, including target bonus award payments to identify the 20 employees with salaries directly above and below the initial median employee. Once we identified this narrowed pool, we re-ranked the consideration pool of employees to find the median employee. We then calculated the median employee’s total compensation in accordance with SEC rules to use as the basis for the pay ratio. Foreign exchange rates were translated to the U.S. dollar equivalent based on rates as of December 31, 2024. RATIO OF CEO PAY TO MEDIAN EMPLOYEE PAY . Our median employee earned $69,553 in total compensation for 2024. The total 2024 compensation reported for Mr. Culp as reported under SEC Totalin the Summary Compensation Tableon page 38 was $88,954,586. Based upon total compensation for 2024, we calculated that our ratio of CEO to median employee pay was 1,279 to 1. Our median employee is employed in United States.

| * | These                                                                                       
 34 countries and their headcounts as of the calculation date were: Argentina (2), Australia 
 (112), Belgium (6), Chile (5), Colombia (4), Czech Republic (519), Denmark (2), France      
 (43), Germany (476), Hong Kong (6), Indonesia (5), Ireland (25), Israel (5), Japan (52),    
 Luxembourg (3), Morocco (2), Netherlands (19), Norway (1), Panama (1), Philippines (1),     
 Portugal (2), Qatar (52), Republic of Korea (103), Romania (152), Saudi Arabia (11),        
 South Africa (2), Spain (16), Sweden (83), Switzerland (4), Taiwan (122), Thailand (2),     
 Türkiye (524), United Arab Emirates (201), and Vietnam (4), for a total of 2,567            
 employees. As of December 31, 2024, using the methodology required by the rule governing    
 this disclosure, GE Aerospace had approximately 28,000 U.S. employees and approximately     
 25,000 employees in other countries, for a total of approximately 53,000 employees globally 
 factored into the sample before the country exclusions listed above.                        |

Pay Versus Performance

In accordance with Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer