Item 1A. RISK FACTORS. We are subject to a number of risks that could materially and adversely affect our business, results of

operations, cash flows, financial condition, and/or future prospects, including those identified in Item 1A. "Risk Factors" in our Annual

Report on Form 10-K for the fiscal year ended on December 31, 2024.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**.** On December 10, 2024, we

announced that the Board of Directors had authorized up to $6 billion of common stock repurchases, which commenced in December 2024

and does not have an expiration date. We repurchased 1.2 million shares for $379 million during the three months ended June 30, 2025

under this authorization.

The following table summarizes the share repurchase activity for the three months ended June 30, 2025:


	Total number of shares purchased (in thousands)	Average price paid per share	Total number of shares purchased as part of our share repurchase authorization (in thousands)	Approximate dollar value of shares that may yet be purchased under our share repurchase authorization (in millions)
April	989	$287.62	989	$4,509
May	105	432.39	105	4,463
June	100	492.35	100	4,414
Total	1,194	$317.49	1,194

Between May 1, 2025 and June 30, 2025, participants in the Company’s Retirement Savings Plan (RSP) purchased approximately 3.0

million stock fund units in the GE Vernova Common Stock Fund (the equivalent of approximately 210,000 shares of Company common

stock) for an aggregate purchase price of approximately $96 million. During this period and through July 22, 2025, the offers and sales of

these securities were not deemed registered under the Securities Act, because the prospectus contained in the original Registration

Statement on Form S-1 relating to such securities had not been timely updated. The Company has filed a post-effective amendment to the

Form S-1 on Form S-8, which updated the prospectus in the as-amended registration statement, thereby ensuring that all offers and sales

from July 23, 2025 are registered under the Securities Act.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES**.** None.

ITEM 4. MINE SAFETY DISCLOSURES**.** Not applicable.