As a combined company, Wabtec and GE Transportation will bring to market a robust installed base of more than 23,000 locomotives globally, expanded global reach, a strong mix of freight and transit products and services, and increased innovation to solve our customers’ toughest challenges. Wabtec Corporation (derived from Westinghouse Air Brake Technologies Corporation) is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower Industries Corporation in 1999. We’re deeply proud of GE employees around the world rising to the challenge.At GE, we rise to the challenge of building a world that works. We look forward to operating as a combined business for the balance of 2019. No sales can be made for 30 days post-closing, and GE must complete all sales before the third anniversary of the merger closing, subject to limited exceptions for market conditions.Learn more about our culture, businesses, and life at GE. Under this modified structure, the spin-off will be considered a taxable dividend for U.S. federal income tax purposes.Voices is a network for GE’s US supporters interested in the company’s impact in their communities and in issues that impact the company.We connect capital to infrastructure and deliver innovative financial solutions that help make the world work better.This communication contains “forward-looking” statements as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed transaction between GE and Wabtec and statements regarding Wabtec’s expectations about future sales and earnings.

Sachs & Co. LLC toll free at 866-471-2526, J.P. Morgan Securities LLC collect at 212-834-4533, Merrill Lynch, ... (“GE”) and Wabtec, Transportation Systems Holdings, Inc. (“SpinCo”) will file with the SEC a registration statement on Form S-4/S 1 containing aprospectus or 10 and Wabtec willfile with the SEC that include combined GE shareholders will directly own approximately 24.3% of Wabtec on a fully diluted basis and GE will own common stock and non-voting convertible preferred stock which together represent approximately a 24.9% economic interest in Wabtec on a fully diluted basis, up from the 9.9% stake that GE would have owned under the originally announced transaction terms. WABTEC TRANSPORTATION SYSTEMS LLC : DBA Name: Physical Address: 2901 EAST LAKE ROAD ERIE, PA 16531 Phone: Mailing Address: 2901 EAST LAKE ROAD ERIE, PA 16531 USDOT Number: 3271700 : State Carrier ID Number: MC/MX/FF Number(s): DUNS Number:-- Power Units: 2 : Drivers: 2 : MCS-150 Form Date: 06/22/2020 : MCS-150 Mileage (Year): 8,350 (2019) Together, Wabtec and GE Transportation will create a stronger, more diversified transportation and logistics company.GE Aviation is a world-leading provider of aircraft engines, systems and avionics.Access the latest press releases, media contacts, and press tools.GE's dedicated team, leading technology, and global reach and capabilities help the world work more efficiently, reliably, and safely.Raymond T. Betler, president and CEO of Wabtec, said: “We believe the modified terms enhance the benefits of the merger to our shareholders and are working to complete it quickly. Readers are cautioned not to place undue reliance on any of these forward-looking statements.Access GE’s recent and historic Annual Reports and accompanying materials.Contact information for general inquiries and feedback.Offering a suite of products to help unlock the full potential of additive manufacturing.We build intelligent devices, data analytics, applications and services to enable healthcare practitioners to deliver care more efficiently and with better outcomes.PJT Partners LP and Davis Polk & Wardwell LLP are acting as financial advisor and legal counsel, respectively, to GE with regards to the modifications to the terms of the transaction. Accomplished leaders building GE’s legacy.Answers to popular and relevant inquiries.Goldman Sachs & Co. LLC and Jones Day are acting as financial advisor and legal counsel, respectively, to Wabtec in the transaction.Access important shareholder information.Explore GE’s recent and historic SEC filings.Learn about governance at GE, including the latest Proxy Statement and information about the GE Board of Directors.Together with our customers, we’re proving that no one is ever limited to only affordable, reliable, or sustainable energy.Learn how we’re delivering on our priorities.We’re continuing to do all we can to support our customers and employees during this unprecedented time. At closing, Wabtec plans to report its 2018 fourth quarter and full year results, and to provide 2019 financial guidance for the combined company.

The foregoing list of important factors is not exclusive.Read the latest GE financial news releases and stories.“Today’s announcement is a significant milestone in GE’s portfolio transformation.