Third Quarter 2025 Highlights:• Orders of $14.6B, +55% organically, led by equipment at Power and Electrification• Backlog1 growth of $6.6B sequentially from equipment and services• Gas Power equipment backlog and slot reservation agreements grew from 55 to 62 GW• Revenue of $10.0B, +12%, +10% organically*, with growth in both equipment and services• Net income of $0.5B; net income margin of 4.5%• Adjusted EBITDA* of $0.8B and adjusted EBITDA margin* of 8.1%• Cash from operating activities of $1.0B; free cash flow* of $0.7B• $7.9B cash balance; $2.4B in capital returned to shareholders year-to-date