Data centers, those serried racks of servers, storage devices, and network hardware that keep the internet humming, are dominating the conversation about future energy demand.

CAMBRIDGE, Mass. (September 25, 2025) – GE Vernova (NYSE: GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend. The quarterly dividend will be payable on November 17, 2025, to shareholders of record as of October 20, 2025.

Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova’s earnings, financial condition, cash requirements, prospects, and other factors.

Additional Information

GE Vernova’s website at www.gevernova.com/investors contains a significant amount of information about GE Vernova, including financial and other information for investors. GE Vernova encourages investors to visit this website from time to time, as information is updated, and new information is posted. Investors are also encouraged to visit GE Vernova’s LinkedIn and other social media accounts, which are platforms on which the Company posts information from time to time.

Additional Financial Information

Additional financial information can be found on the Company’s website at: www.gevernova.com/investors under Reports and Filings.

Forward Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain, such as statements about possible future dividend declarations and payments. Forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from current expectations. These risks, uncertainties, and factors include those discussed in our most recent Annual Report on Form 10-K and in our subsequently filed Quarterly Reports on Form 10-Q, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operation" sections included therein, as may be updated from time to time in our filings with the U.S. Securities and Exchange Commission and as posted on our website at www.gevernova.com/investors/fls. GE Vernova does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

NEW YORK CITY (September 24, 2025) – GE Vernova and Deep Sky, the world’s first technology-agnostic carbon removal project developer, announced an agreement to deploy GE Vernova's Direct Air Capture (DAC) technology at Deep Sky Alpha in Alberta, Canada. GE Vernova's technology will be capable of capturing up to 1,500 tons of carbon per year. With operations scheduled to begin by late 2026, Alpha will deploy GE Vernova’s proprietary solid sorbent technology, developed and rigorously tested at the company’s Advanced Research Centers.

Located in Innisfail, Alberta, Deep Sky Alpha is the world’s first cross-technology carbon removal hub which became operational in August 2025.

“We are excited about this first-of-its-kind collaboration, which marks an important step in advancing GE Vernova’s scalable, energy-efficient DAC solutions,” said Brian Moran, Executive Director of GE Vernova’s DAC program. “While the technology and industry are still emerging, collaborations like this, built on shared ambition and complementary strengths, have the potential to transform the future of carbon removal.”

GE Vernova DAC solutions couple innovative technology with resilient global supply chains that enable rapid deployment, as well as integrated systems engineering that improves energy use, harnesses waste heat, and ensures reliable operations at scale.

To further support the success of the Deep Sky Alpha project and future deployments, GE Vernova recently commissioned a 10-ton per year DAC test facility at their Advance Research Center in Niskayuna, New York. This system will play a pivotal role in demonstrating the capabilities of both the sorbent materials and the overall DAC technology, building confidence in its reliability and performance at the pilot stage and laying the groundwork for successful commercial-scale deployment.

“Deep Sky is the only place in the world offering end-to-end deployment, operations, renewable power and CO2 storage for DAC technologies, all in real world conditions,” said Alex Petre, CEO of Deep Sky. “GE Vernova entering this space underscores the growing momentum and urgency for DAC as a climate solution. We’re proud to welcome their unit to Deep Sky Alpha and to serve as the proving ground that sets the pace for the industry’s growth.”

The collaboration between Deep Sky and GE Vernova represents an important first step in deploying this innovative technology at speed and scale. It sets the foundation for future commercial-scale DAC projects in Canada, and internationally, as both organizations focus on the scale-up and industrialization of these solutions.

Together, GE Vernova and Deep Sky are committed to developing and deploying cutting-edge carbon dioxide removal (CDR) technologies. High-quality CDR is essential for achieving emissions goals. DAC removes carbon dioxide (CO₂) directly from the atmosphere using chemical processes. Unlike capturing emissions at their source (like power plants or industrial facilities), DAC removes CO₂ from ambient air, which makes it useful for addressing residual emissions and emissions from sources that are hard-to-abate, such as aviation, shipping, or heavy industry.

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About Deep Sky
Montreal-based Deep Sky is the world's first tech-agnostic carbon removal project developer aiming to remove gigatons of carbon from the atmosphere and permanently store it underground. As a project developer, Deep Sky brings together the most promising direct air and ocean carbon capture companies under one roof to bring the largest supply of high quality carbon credits to the market, commercializing and catalyzing carbon removal and storage solutions like never before. With $130M in funding, Deep Sky is backed by world class investors including Investissement Québec, Brightspark Ventures, Whitecap Venture Partners, OMERS Ventures, BDC Climate Fund, Breakthrough Energy Catalyst, BMO, National Bank of Canada, and more. For more information, visit deepskyclimate.com.

As the heat of summer wanes and the Northern Hemisphere turns its gaze toward autumn, a different kind of anticipation grips the electric utility sector in the southeastern United States. The end of summer doesn’t mean a respite from volatile weather for the region. This change in seasons ushers in the peak of Atlantic storm season, and with each passing year the stakes are getting higher.

“The meaning of life is the next generation,” wrote author Grace Paley. For GE Vernova, a company dedicated to building the energy technologies of the future, that next generation of inventors is inseparable from today’s mission. Cultivating tomorrow’s energy leaders is as critical as the work of electrifying to help communities thrive and decarbonize the world. 

SALZBERGEN, Germany (September 17, 2025) - GE Vernova Inc. (NYSE: GEV) announced today that it has signed an agreement with Enertrag to provide seven 6MW-164m turbines produced at its factory in Salzbergen, Germany. The deal was booked in the second quarter of 2025. The workhorse turbines will be installed at the Bonacker wind farm in Nordrhein-Westfalen in western Germany.

The deal is the second new order in Germany that the company announced at the Husum Wind Fair, following an order for Prokon made public yesterday.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, said, “We are pleased to have the opportunity to once again support Enertrag as they work to bring online more wind power in support of their efforts to advance the energy transition. The latest project builds on our long-standing relationship and reflects the value they see in our workhorse product strategy. Drawing on our industrial footprint in Salzbergen, we are well positioned to execute that strategy as we work to meet Enertrag’s needs and those of other customers in Germany.”

Bastian Altrichter, Senior Vice President Procurement ENERTRAG SE, said, “The Bonacker project marks an important milestone for ENERTRAG in North Rhine-Westphalia and demonstrates the value of investing beyond our traditional regions. We are pleased to continue our long-standing partnership with GE Vernova to further advance the energy transition. Building on our shared experience, we look forward to a smooth project execution and are confident that the new turbines will contribute significantly to a reliable and sustainable energy supply.”

GE Vernova’s Wind segment has a strong manufacturing presence in Germany with a 70,000 square meter facility in Salzbergen that manufactures machine heads, drive trains, and hubs for the workhorse turbines it provides to customers in Germany and elsewhere in Europe and Asia.

Germany installed approximately 3.2 GW of onshore wind in 2024 and is expected to accelerate the development of onshore wind as part of its plan to get up to 80 percent of its power from renewable energy resources by 2030.

GE Vernova has a total installed base of approximately 57,000 turbines and nearly 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers the next-generation high-powered turbines at scale that drives decarbonization through high-quality, affordable, and sustainable renewable energy.

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*Note to Editors: GE Vernova’s 6 MW turbine with a 164-meter rotor is what we refer to as the 6MW-164m.

SALZBERGEN, Germany (September 16, 2025) - GE Vernova Inc. (NYSE: GEV) announced today that it has signed an agreement with Prokon Regenerative Energien eG to repower a wind farm with eight 6MW-164m turbines produced at its factory in Salzbergen, Germany. The deal was booked in the second quarter of 2025. The workhorse turbines will be installed in the Fleetmark community in Sachsen-Anhalt, Germany.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, said, “We are pleased to once again work with Prokon to support their strategy to grow the profitable generation of renewable power and advance Germany’s broader renewable energy goals. Repowering existing sites produces more power from current wind farms, strengthening their ability to meet local energy needs in a sustainable manner. With our industrial footprint in Salzbergen, we are well positioned to serve our customer´s needs to grow Germany’s onshore wind power production.”

Katharina Beyer, Board Member for Project Development at Prokon, added: “As an energy cooperative, our ambition is to implement projects that are ecologically sound, economically viable, and transparent for the local communities. Our experiences in Friedersdorf and Langenbach have shown that GE Vernova’s turbines operate reliably and deliver stable yields. On this basis, we have again chosen this turbine type for our Fleetmark project. For us, what matters is not only the technology itself but also a professional and constructive collaboration throughout the entire planning and construction process. Together, we are laying the foundation to reliably supply our members and customers with clean electricity and therefore make a tangible contribution to the German energy transition.”

GE Vernova’s Wind segment has a strong manufacturing presence in Germany with a 70,000 square meter facility in Salzbergen that manufactures machine heads, drive trains, and hubs for the workhorse turbines it provides to customers in Germany and elsewhere in Europe and Asia.

Germany installed approximately 3.2 GW of onshore wind in 2024 and is expected to accelerate the development of onshore wind as part of its plan to get up to 80 percent of its power from renewable energy resources by 2030.

GE Vernova has a total installed base of approximately 57,000 turbines and nearly 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers the next-generation high-powered turbines at scale that drives decarbonization through high-quality, affordable, and sustainable renewable energy.

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*Note to Editors: GE Vernova’s 6 MW turbine with a 164-meter rotor is what we refer to as the 6MW-164m.

About Prokon
Prokon Regenerative Energien eG, with more than 40,000 members, is one of the largest energy cooperatives in Europe and has been contributing to the energy transition for nearly 30 years. Founded in 1995 and owned by its members since 2015, Prokon focuses on citizen-oriented renewable power generation and supply. The cooperative’s core expertise lies in the development, planning, and operation of onshore wind farms, complemented by the nationwide supply of households with green electricity. In addition, Prokon is expanding into photovoltaics, battery storage, and biomethane. With 77 wind farms and a total capacity of more than 1,000 MW in Germany, Poland, and Finland (as of April 2025), Prokon combines technical know-how with cooperative values to deliver sustainable, community-based energy solutions.

CAMBRIDGE, MA (September 15, 2025) – MIT and GE Vernova today formally kicked off their unique Energy and Climate Alliance with multiple research and fellowship announcements, career discussions, science displays and more. Bringing GE Vernova’s advanced technology and innovation together with MIT’s world class researchers, the MIT-GE Vernova Energy and Climate Alliance is committed to accelerating cutting-edge technologies and fostering the next generation of power industry leaders.

As part of the Alliance, GE Vernova will provide $50 million over five years to fund MIT research initiatives, student fellowships, and internships, philanthropic causes, as well as educational and professional development programs for GE Vernova leaders. The first 13 of these research initiatives were announced today, which will focus on the areas of Electrification, Decarbonization, Renewables Acceleration and Digital Solutions. The Alliance also announced eight GE Vernova Fellows, who will continue their research at MIT with tuition support from GE Vernova, funding for three master’s students per year through MIT’s Technology Policy Program, and philanthropic partnerships. More details on these three announcements are below.

Leaders and researchers from both organizations celebrated the milestone with a campus event that included MIT alumnae now working at GE Vernova, aiming to attract students considering a career in the energy and climate industries. Scheduled to give remarks at the kickoff events are Anantha P. Chandrakasan, Provost of the Massachusetts Institute of Technology and Vannevar Bush Professor of Electrical Engineering and Computer Science, Dr. Betar Gallant, Kendall Rohsenow Associate Professor of Mechanical Engineering, Faculty Director for the MIT-GE Vernova Energy and Climate Alliance, Massachusetts Secretary of Energy and Environmental Affairs Rebecca Tepper, Massachusetts Secretary of Economic Development Secretary Eric Paley, and GE Vernova CEO Scott Strazik and Chief Corporate Officer Roger Martella.

"The mission of this alliance is ambitious — advancing research, education, and career opportunities that can help shape a more sustainable, energy-efficient future. Through this exciting Alliance, we are already seeing exciting results: new research projects, new graduate fellowships, and new opportunities for our students to lead," said Anantha P. Chandrakasan, MIT Provost, and Vannevar Bush Professor of Electrical Engineering and Computer Science.

“Decarbonizing our energy systems demands new ideas, new tools, and new talent. As of today’s launch, MIT teams are already pursuing bold projects that span disciplines and open new frontiers — and crucially, give our students a chance to learn, contribute, and lead,” said Betar Gallant, Faculty Director of the MIT–GE Vernova Energy and Climate Alliance and Kendall Rohsenow Associate Professor of Mechanical Engineering at MIT.

“The Energy and Climate Alliance represents Massachusetts at its best – putting pioneering companies in the same space as brilliant students and watching innovation take off,” said Massachusetts Energy and Environment Secretary Rebecca Tepper. “We’ve seen time and again, ideas born out of our colleges and universities grow into thriving businesses that employ thousands and solve some of the world’s toughest challenges. Years from now, I look forward to seeing what innovation was started here at MIT today.”

“We’re proud to collaborate with the world’s leading research institution and combine forces to bring tomorrow’s technologies to life faster and solve some of the world’s most pressing challenges,” said GE Vernova CEO Scott Strazik. “Building on our sense of relentless optimism, I’m inspired by MIT’s amazing students and researchers and excited to develop career paths and opportunities for their futures.”

The MIT-GE Vernova Energy and Climate Alliance also include commitments to support philanthropic initiatives, including the MIT Human Insight Collaborative initiative (MITHIC). For 2025-26, GE Vernova’s MITHIC contribution will tackle the shared priority of addressing global energy poverty by supporting the MIT Abdul Latif Jameel Poverty Action Lab (J-PAL), which among other areas is working on an initiative to improve the growth of affordable electricity in South Africa.

Another focus area of the Alliance is the development of future energy leaders, including through donations to the New Engineering Education Transformation program and commitment to supporting MIT interns. GE Vernova has also provided funding and become an official member of critical sustainability, automation/robotics and AI focused programs at MIT, including the Initiative for New Manufacturing, MIT Energy Initiative, MIT Climate and Sustainability Consortium, and Center for Transportation and Logistics. The Alliance will also support critical cross-institution engagements for energy and climate policy development, including funding three Technology and Policy Program research projects annually, and hosting an Annual Symposia.

The slate of 13 new MIT-lead research initiatives will include the following projects:

• Electrification – Focused on building the grid of the future with resilient cutting-edge hardware and software.
  • Professors Samantha Coday and David Perrault’s labs will be addressing the expected power surge demands from datacenters through innovative converter and transformer designs.
  • Professors Priya Donti and Deep Deka’s labs will tackle the ever-changing needs of the electric grid’s constraints and limits in a unified and adaptable approach using AI-based solvers.
  • Professor Marija Illic’s lab will be developing a scalable control and protection framework for stable and optimal grid forming operation.
• Digital - Accelerating design of complex industrial tools and products through AI, multi-robot intelligence and Cyber security infrastructure.
  • Professor Chuchu Fan’s lab will develop autonomous manufacturing and field inspection robots to perform complex/unsafe tasks in place of humans.
  • Professor Faez Ahmed’s lab will seek to develop a physics-aware foundation model to reduce turnaround time of high-fidelity simulations, including a Large-Language Model (LLM) agent to demo on selected component redesigns.
  • Professor Rahul Mazumder’s lab will seek to develop a functional chatbot capable of processing multimodal data and engaging users in interactive dialogue.
  • Professor Pulkit Agrawal’s lab will develop a foundation model for robotic assembly that can support human tasks in manufacturing.
• Decarbonization - Meeting the world’s growing needs for electricity while accelerating breakthroughs in carbon-free energy solutions.
  • Professor Asegun Henry's lab will be exploring the limits of their methane-to-hydrogen process, which uses a unique molten-metal reactor and carbon separator. This process may offer a more economical route to hydrogen production.
  • Professors Ericmoore Jossou and Koroush Shirvan’s labs will be developing a new alloy for next-gen nuclear fuel cladding to withstand extreme heat and radiation. The result would be stronger, longer-lasting fuel components that reduce downtime, lower maintenance costs, and help deliver more affordable, reliable nuclear energy.
  • Professor Ju Li’s lab will be exploring a novel system to convert CO2-derived syngas from solid oxide electrolysis (SOEC) to Ethanol using alternating current electrolyzers, with the goal to reduce CO2 waste.
  • Professors Yogesh Surendranath and Rohit Karnik’s labs seek to develop high-conversion, cost-and energy efficient ammonia cracking through a novel, scalable electrochemical membrane reactor design demo.
• Renewables acceleration - Driving innovation in energy storage, wind power and operational optimization to improve efficiency, reliability, scalability and affordability.
  • Professor Mike Howland’s lab will identify conditions that trigger damaging vibration events for wind blades, with validation from Prof Marcus Hultmark’s experimental work at Princeton University.
  • Professor Cohen Tal’s lab, partnering with Professor John Pojman at Louisiana State University, proposes a more sustainable alternative blade manufacturing process.

The 8 GE Vernova Fellows are as follows:

• Gage Coon, Department of Earth, Atmospheric, and Planetary Sciences
  • Research focus: Designing microbial and geochemical systems that are scalable, cost-effective, and compatible with existing waste streams or geologic formations.
• Kevin Hsu, Department of Urban Studies and Planning
  • Research focus: Understanding systemic barriers that slow, stall, or stop outright the delivery of clean energy projects and finding ways of surmounting these challenges.
• Nicolas Tricard, Department of Mechanical Engineering
  • Research focus: Physics-informed and data-driven inverse modeling of gas-phase reacting systems.
• Owen Mylotte, Department of Nuclear Science and Engineering
  • Research focus: Developing an open source, high performance neutron transport software targeted at improving the ease and efficiency with which new reactors can be designed and deployed to market.
• Julia Estrin, Department of Electrical Engineering and Computer Science
  • Research focus: Developing high-voltage, high-efficiency, and high-frequency power electronics that will help form the foundation of an electrified grid.
• Aaron Langham, Department of Electrical Engineering and Computer Science
  • Research focus: Applying advanced signal processing, physical modeling, and computer systems to create new physically trustworthy power monitoring capabilities that provide actionable information for operating electric grids
• Hannah Grauer, Center for Computational Science and Engineering
  • Research focus: Advancing deep learning and physics-informed methods for more accurate and interpretable satellite-based emissions quantification.
• Jack Morris, Institute for Data, Systems, and Society
  • Research focus: Developing energy system optimization models to identify pathways to more affordable, reliable and clean electric power systems.

Technology Policy Program awardees are:

• Michelena O’Rourke, Department of Electrical Engineering and Computer Science
  • Research focus: Developing a Digital Twin to model and analyze electricity markets.
• Jason Frost, Institute for Data, Systems, and Society
  • Research focus: Modeling the generation interconnection process to rapidly evaluate and develop interconnection reforms that accelerate deployment of clean energy resources.
• Martin Staadecker, Institute for Data, Systems, and Society
  • Research focus: Understanding how companies report their greenhouse gas emissions, especially supply chain emissions.

The selected projects were reviewed and approved through a joint process led by MIT faculty and GE Vernova's Advanced Research Center lead researchers.

The MIT-GE Vernova Energy and Climate Alliance is managed through MIT’s Office of Innovation and Strategy, bringing together faculty, researchers, and students to address some of the most pressing challenges in energy and climate technology. Beyond research, the collaboration will play a vital role in developing the energy sector’s future workforce. Through fellowships, research support, and internships, MIT students will gain hands-on experience at GE Vernova’s global facilities tackling real-world energy challenges. A dedicated career exploration program will further connect MIT students and faculty with opportunities across GE Vernova’s global teams.

To foster interdisciplinary dialogue, MIT and GE Vernova will host an annual symposium in February 2026 on the MIT campus, bringing together thought leaders, students, and industry experts to present research results and explore cross-cutting solutions in energy, climate, and technology policy.

The scene: northwest Germany. A quiet farm. Enter a university student with a question that would shape her future. “Hey, when are you getting a wind turbine?”

It was a casual moment, but for Julia Vey, then an apprentice at GE Vernova in nearby Salzbergen, it planted a seed. Back in the early 2000s, wind power was still small-scale, and large turbines were rare. But Julia was fascinated — and determined to be part of what she sensed was coming.