Conflict Minerals Report - For Year Ended December 31, 2025
Introduction
This Conflict Minerals Report (the "Report") for the year January 1, 2025 through December 31, 2025 (the "Reporting Period") is presented by GE Vernova Inc. ("GE Vernova," "the Company," "our," "we," and "us") in accordance with Rule 13p-1 under the Securities Exchange Act of 1934 and Form SD adopted by the U.S. Securities and Exchange Commission (SEC) (collectively, the "Rule").
In accordance with the Rule, this Report details how GE Vernova conducted a Reasonable Country of Origin Inquiry ("RCOI") to determine whether the conflict minerals defined by the Rule-defined as tantalum, tin, tungsten, or gold which may have originated in the Democratic Republic of the Congo ("DRC") or an adjoining country (collectively, the "Covered Countries") (referred to as "3TGs")-were used in products produced by the Company, and whether such 3TGs may have financed or benefited armed groups in the Covered Countries. The RCOI process involved surveying relevant suppliers using the Responsible Minerals Initiative's ("RMI") Conflict Minerals Reporting Template ("CMRT"), evaluating supplier responses for completeness and consistency, and reviewing information about smelters or refiners ("SORs") to assess the country of origin of the 3TGs. Based on the results of this inquiry, the Company conducted due diligence regarding its suppliers according to its Responsible Minerals Sourcing Principles and Human Rights Principles, conforming in all materials respects with the framework in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas and related supplements (collectively, the "OECD Guidance").
As described in greater detail in this Report, based on our RCOI and supplier due diligence efforts, we determined that one or more 3TGs were necessary to the functionality or production of many of our products. GE Vernova sources materials from a broad and complex global supply chain and the origin of any 3TG used in our products is typically several tiers removed from our direct suppliers, making full traceability inherently challenging. This Report details our RCOI and due diligence efforts, and policies, practices, and governance for the Reporting Period to work to eliminate 3TGs from Covered Countries from our products.
Company Overview
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, orchestrate, convert, and store electricity.
On April 2, 2024, we became an independent, publicly traded company. Our corporate headquarters is located in Cambridge, Massachusetts, United States.
We have three business segments: Power, Electrification, and Wind.
•Our Power segment serves power generation, industrial, government, and other customers worldwide with products and services related to energy production. Our products and technologies harness resources such as natural gas, oil, diesel, water, and nuclear to produce electric power and include gas and steam turbines, full balance of plant, upgrade, and service solutions.
•Our Electrification segment includes grid solutions, power conversion and storage solutions, which we collectively refer to as Electrification Systems, and Electrification Software, that provide products and services required for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. Some of the key offerings in this segment, for example, include our high-voltage direct current transmission (HVDC) products, power transformers, switchgear, and our grid automation related products and services.
•Our Wind segment includes our wind generation technologies, inclusive of onshore and offshore wind turbines and blades. In our Wind segment, we engineer, manufacture, and commercialize wind turbines.
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