Company: GE
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001308179-25-000114
Chunk: 9

Company: GENERAL ELECTRIC CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 9
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 or greater shareholders participate if the amount involved exceeds $120,000. The purpose of this review is to determine whether they have a material interest in the transaction, including an indirect interest. The company’s legal staff is primarily responsible for making these determinations based on the relevant facts and circumstances, and for developing and implementing processes and controls for obtaining information about these transactions from directors and executive officers. In addition, the Governance Committee reviews and approves any such related person transaction. As described in the Governance Principles, which are available on GE Aerospace’s website (see Helpful Resourceson page 66), in the course of reviewing and approving a disclosable related person transaction, the Governance Committee considers the factors described below. As SEC rules require, we disclose in our proxy statement all such transactions that are determined to be directly or indirectly material to a related person. Since January 1, 2024, there have been no related person transactions that met the requirements for disclosure in this proxy statement, except that Fidelity (a five percent or greater shareholder) or its affiliates served as the recordkeeper or directed trustee for certain retirement plans sponsored by the Company or affiliates. Fidelity received approximately $2.6 million for these services in 2024. GE Aerospace 2025 Proxy Statement 21

| FACTORS USED IN ASSESSING RELATED PERSON TRANSACTIONS |

| • | Nature                                      
 of related person’s interest in transaction |

| • | Material                                                             
 transaction terms, including amount involved and type of transaction |

| • | Importance                                        
 of transaction to related person and GE Aerospace |

| • | Whether                                                                          
 transaction would impair a director or executive officer’s judgment to act in GE 
 Aerospace’s best interest                                                        |

| • | Any                                                                                        
 other matters the committee deems appropriate, including any third-party fairness opinions 
 or other expert reviews obtained in connection with the transaction                        |

For a description of shareholder derivative lawsuits involving certain current and former GE Aerospace executives and members of the Board, refer to Note 24. Commitments, Guarantees, Product Warranties and Other Loss Contingencies in GE Aerospace’s financial statements in our Annual Report on Form 10-K for the year ended December 31, 2024. Director Compensation for 2024 The compensation program for independent directors was designed to achieve the following goals:

| • | Fairly                                                                      
 pay directors for the work required at a company of GE Aerospace’s size and 
 scope, as benchmarked against our peer group;                               |

| • | Align                                                                           
 directors’ interests