Company: GE
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001308179-25-000114
Chunk: 4

Company: GENERAL ELECTRIC CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 4
---
                            
 and respect. Furthermore, he has demonstrated strong leadership skills, independent thinking and a                            
 deep understanding of our businesses and their industries.                                                                    
 The                                                                                                                           
 independent directors’ decision to select Mr. Horton as lead director took into account the tenures and capabilities          
 of each independent director, along with a potential candidate’s willingness and ability to serve as lead director,           
 understanding that the position entails significant responsibility and time commitment. The Board considered that Mr.         
 Horton also serves as lead independent director for Walmart. However, in reviewing Mr. Horton’s time commitment               
 at Walmart, the independent directors noted that Walmart has three separate positions for CEO, chairman, and lead independent 
 director, which mitigated concerns about Mr. Horton’s ability to dedicate sufficient time to the role as GE Aerospace’s       
 lead director under the circumstances.                                                                                        |

14 GE Aerospace 2025 Proxy Statement Board Operations

| Full                                                                                                                                    
 Board                                                                                                                                   
 10                                                                                                                                      
 meetings in 2024                                                                                                                        
 Independent                                                                                                                             
 Director Meetings                                                                                                                       
 The                                                                                                                                     
 independent directors meet periodically in executive sessions at scheduled Board meetings. They may have other special meetings         
 throughout the year. These executive sessions are designed to promote candor and discussion of matters in a setting that is independent 
 of the Chairman and CEO. The lead director chairs each of these executive sessions.                                                     | Chairman           
 H.                 
 Lawrence Culp, Jr. | Lead     
 Director 
 Thomas   
 Horton   |

2024 Areas of Focus

| • | Long-term                                                                            
 strategy, including oversight of our strategic transformation and capital allocation |

| • | Execution                  
 of the GE Vernova spin-off |

| • | Product            
 safety and quality |

| • | Business                                                                    
 strategy and operating reviews, including visits to GE Aerospace facilities |

| • | Delivery         
 and supply chain |

| • | Organizational                         
 talent reviews and succession planning |

| • | Enterprise      
 risk management |

A Typical GE Aerospace Board Meeting During 2024, the Board held seven regularly scheduled and three special meetings. Five regularly scheduled meetings were held in-person and the other meetings were held virtually, with the schedules adjusted to accommodate director participation from different time zones. The below describes a typical in-person Board meeting.

| 1 | BEFORE THE MEETING |

Board committee chairs:prep meetings with management and auditors Management:internal prep meetings

| 2 | THURSDAY (DAY 1) |

Daytime:Board committee meetings and Board meeting Evening:informal gathering with external guests or senior business managers and/or Board