Item 4. CONTROLS AND PROCEDURES.

Evaluation of Disclosure Controls and Procedures**.** Under the supervision and with the participation of the Company's management,

including the Chief Executive Officer and Chief Financial Officer, the Company evaluated its disclosure controls and procedures as defined

in Rules 13a-15(e) and 15d-15(e) under the Exchange Act. Based on this evaluation, the Chief Executive Officer and Chief Financial Officer

concluded that the Company's disclosure controls and procedures were effective as of March 31, 2026, and that the information required to

be disclosed by the Company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized, and

reported, within the time periods specified in the SEC's rules and forms, and that such information is accumulated and communicated to

management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required

disclosure.

Changes in Internal Control Over Financial Reporting**.** During the quarter ended March 31, 2026, the Company continued to exit from

various transition service agreements with GE Aerospace primarily related to information technology systems that impact financial

reporting. Consequently, responsibility for execution of related internal controls transferred to the Company, including certain general

information technology controls in connection with information technology environment changes.

On February 2, 2026, the Company completed the acquisition of the remaining 50% stake of Prolec GE. See Note 8 in the Notes to the

consolidated financial statements for further information. The Company is in the process of analyzing and evaluating the internal control

environment as it relates to the integration of Prolec GE, which may result in additions or changes to our internal control over financial

reporting. The Company will exclude Prolec GE’s operations from the scope of our annual assessment of the effectiveness of internal

control over financial reporting for the year ending December 31, 2026 in accordance with Securities and Exchange Commission guidance.

Such guidance permits management to omit an assessment of an acquired business’ internal control over financial reporting from

management’s assessment of internal control over financial reporting for a period not to exceed one year from the date of acquisition.

Other than those discussed in the preceding sentences, no change in the Company’s internal control over financial reporting occurred

during the quarter ended March 31, 2026, that materially affected, or is reasonably likely to materially affect, the Company's internal control

over financial reporting.

*Non-GAAP Financial Measure

2026 1Q FORM 10-Q 33

PART II

ITEM 1. LEGAL PROCEEDINGS**.** See Note 22 in the Notes to the consolidated financial statements for information relating to legal

matters.