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It is possible that GE may decide not to proceed with the exchange offer. The RSP Trustee will not exchange GE Stockįund Units for which it does not receive timely and complete instructions. Note that the deadline is earlier than the closing of the exchange offer window described in the attached Prospectus because of the time needed to collect, aggregate and process RSP participant information. Computershare must receive your election by the deadline described in this Notice. May direct the RSP Trustee to do so by making your election with Computershare, who will collect and tabulate RSP participant elections for the RSP Trustee. If you would like to exchange your GE Stock Fund Units, you If you do not wish to participate in the exchange offer, there is no action required on your part. If you elect to participate, your RSP account will be restricted during a blackout period, as described in this Notice. You should invest in the GE Stock Fund, participate in the exchange offer or make any other RSP investment decision. You are not required to participate in the exchange offer, and neither GE, Synchrony nor the RSP fiduciaries are making any recommendation as to whether or not Like all investments, you may gain or lose money. Investing and participating in the exchange involves various risks, as described in this As described further in this Notice, the new Synchrony Stock Fund will be an RSP investment option only for a relatively short period of time. The decision of whether to exchange GE Stock Fund Units for Synchrony Stock Fund Units isĮntirely yours. Synchrony Stock Fund Profile (the “Profile”). InĬonnection with the exchange offer, the RSP is providing participants invested in the GE Stock Fund with the ability to direct the RSP Trustee, Fidelity Management Trust Company, to exchange all or a portion of their GE Stock Fund Units for units ofĪ new Synchrony Stock Fund (by tendering the portion of such Units held as GE common stock and investing the remaining cash portion in the new Synchrony Stock Fund), subject to the terms and conditions described in this Notice and the attached

The exchange offer is designed to provide a discount, subject to certain limits, as described in the Prospectus. General Electric Company (“GE”) is offering to exchange (the “exchange offer”) shares of Synchrony Financial (“Synchrony”)Ĭommon stock for shares of GE’s common stock, on the terms and subject to the conditions described in the attached Prospectus. This Notice is to inform you of an option you have if you participate in the RSP and invest in the General Electric Common Stock Fund (“GE Stock Fund”). Our records show that you are eligible to participate in the GE Retirement Savings Plan In Connection With the Offer to Exchange Shares of Common Stock of Synchrony Financial Which are Beneficially Owned by General ElectricĬompany for Shares of Common Stock of General Electric CompanyĮxchange GE Stock Fund Units for Synchrony Stock Fund Units