How is the cost basis of my GE shares affected by this distribution, and what is the cost
basis of my GE Vernova shares? GE shareholders are required to allocate the aggregate tax basis
in their GE common stock held immediately before the spin-off between their GE common stock held
immediately after the spin-off and the GE Vernova common stock received in the spin-off (including
any fractional share of GE Vernova common stock for which cash was received) in proportion to
their relative fair market values on the date of the spin-off. GE shareholders are urged to consult
their tax advisors regarding the allocation of their aggregate adjusted tax basis among shares of GE
and GE Vernova common stock.
