Item 2. PROPERTIES. GE Vernova is headquartered in Cambridge, Massachusetts and occupies approximately 600 sites in 458 cities
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Item 2. PROPERTIES. GE Vernova is headquartered in Cambridge, Massachusetts and occupies approximately 600 sites in 458 cities
and 97 countries. Approximately 80% of the sites are leased and 20% are owned. GE Vernova periodically reviews the portfolio of facilities
for opportunities to optimize and best align our footprint needs.
Within this portfolio of properties, GE Vernova's subsidiaries operate 91 manufacturing sites, 18 of which are located in the U.S. and 73 are
located internationally. The manufacturing facilities are used by GE Vernova's segments as follows:
| SEGMENT | Number of Facilities |
| Power | 41 |
| Wind | 17 |
| Electrification | 33 |
| Total | 91 |
The locations of GE Vernova's manufacturing locations by geographic region are as follows:
| GEOGRAPHIC REGION | Number of Facilities |
| Americas | 27 |
| Association of Southeast Asian Nations | 26 |
| Europe, the Middle East, and Africa | 38 |
| Total | 91 |
In addition to the manufacturing facilities described above, GE Vernova maintains many offices, warehouses, and distribution facilities
globally.
Many of our facilities serve several of our businesses and may be used for multiple purposes, such as for administration, sales, research,
laboratory matters, manufacturing, and service operations. We consider our facilities suitable and adequate for their respective purposes
and do not anticipate difficulty in renewing existing leases as they expire or finding alternative facilities if necessary.
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