Company: GE
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001308179-25-000114
Chunk: 71

Company: GENERAL ELECTRIC CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 71
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 addition, participants in the GE Aerospace RSP may request copies of our annual report by calling the GE Aerospace Retirement                                       
 Service Center Service Center at 1-877-554-3777.                                                                                                                    |

64 GE Aerospace 2025 Proxy Statement Explanation of Non-GAAP Financial Measures and Performance Metrics As noted throughout, in this proxy statement we reference certain non-GAAP financial measures. Information on why GE Aerospace uses these non-GAAP financial measures and how these measures are calculated is presented either in the Management’s Discussion and Analysis within our Annual Report on Form 10-K for the year ended December 31, 2024 on the pages of the 10-K indicated after each measure (see Helpful Resourceson page 66), or as noted below.

| • | Adjusted          
 revenue (page 22) |

| • | Operating                                    
 profit and operating profit margin (page 22) |

| • | Free                
 cash flow (page 24) |

| • | Adjusted                     
 earnings per share (page 23) |

For adjusted earnings per share and free cash flow for 2021, which are included in this proxy statement as financial metrics for the 2021 PSU awards, the calculations of these amounts were based on past financial reporting before GE transitioned from three-column to one-column financial statement presentation after we stopped reporting our financial services business (GE Capital) as a separate reporting segment in 2022. Adjusted earnings per share and free cash flow for 2021, on a three-column basis, are calculated from the company’s unaudited financial statements and reflect further adjustments for other items that are considered not representative of underlying trends of GE Aerospace’s business. For free cash flow for 2020, which is included in this proxy statement as a company-selected performance measure for the Pay versus Performance disclosure, this amount is presented on a one-column reporting basis and is calculated from the company’s audited financial statements included in the Annual Report on Form 10-K for the year ended December 31, 2021 and reflects further adjustments for other items that are considered not representative of underlying trends of GE Aerospace’s business. On January 4, 2023, we completed the spin-off GE HealthCare, and as a result we recast our audited financial statements for 2021 and