GE HealthCare Technologies Inc. Prices Upsized Secondary Offering of 14,000,000 Shares

GE HealthCare Technologies Inc.

Prices Upsized Secondary Offering of 14,000,000 Shares

CHICAGO GE HealthCare Technologies

Inc. (Nasdaq: GEHC) (the Company or GE HealthCare ) announced today the pricing of the previously announced secondary underwritten public offering (the Offering ) of 14,000,000 shares of its common stock (the

GEHC Shares ). The Offering was upsized from the previously announced offering size of 13,000,000 GEHC Shares. GE HealthCare is not selling any shares of common stock and will not receive any proceeds from the sale of the GEHC Shares in

the Offering or from the debt-for-equity exchange (as described below).

Prior to the closing of the Offering, General Electric Company ( GE ) is expected to exchange the GEHC Shares for indebtedness of GE held by Morgan

Stanley Bank, N.A. (the MS Lender ), an affiliate of Morgan Stanley & Co. LLC, the selling stockholder in the Offering by designation of the MS Lender. Following the

debt-for-equity exchange, if consummated, Morgan Stanley & Co. LLC, as the selling stockholder in the Offering, intends to sell the GEHC Shares to the

underwriter in the Offering. The selling stockholder in the Offering has granted the underwriter an option to purchase additional shares of GE HealthCare common stock for settlement on or before March 28, 2024.

Morgan Stanley is acting as the sole book-running manager for the Offering. The Offering is expected to close on March 15, 2024, subject to customary

The GEHC Shares will be offered from time to time in one or more transactions on The Nasdaq Stock Market LLC, in the over-the-counter market or through negotiated transactions or otherwise at prices prevailing at the time of sale, at prices related to prevailing prices or at negotiated

The Offering is being made pursuant to an automatically effective shelf registration statement (including a prospectus) on Form S-3 with the U.S. Securities and Exchange Commission (the SEC ) for the Offering to which this communication relates. A final prospectus supplement and accompanying prospectus describing the terms of the

Offering will be filed with the SEC. You may obtain these documents for free by visiting EDGAR on the SEC s website at www.sec.gov. Alternatively, copies of the final prospectus supplement and accompanying prospectus relating to the Offering

may be obtained, when available, from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.

This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state

or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About GE HealthCare Technologies Inc.

leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, dedicated to providing integrated solutions, services, and data analytics to make hospitals more efficient, clinicians more effective, therapies more

precise, and patients healthier and

happier. Serving patients and providers for more than 100 years, GE HealthCare is advancing personalized, connected, and compassionate care, while simplifying the patient s journey across

the care pathway. Together our Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics businesses help improve patient care from diagnosis, to therapy, to monitoring. We are a $19.6 billion business with 51,000 colleagues

working to create a world where healthcare has no limits.

Forward-Looking Statements

This release contains forward-looking statements. These forward-looking statements might be identified by words, and variations of words, such as

will, expect, may, would, could, plan, and similar expressions. These forward-looking statements may include, but are not limited to, statements about the size, timing or

results of the Offering and the selling stockholders intent to offer shares of common stock, and reflect management s current plans, estimates and expectations and are inherently uncertain. The inclusion of any forward-looking information

in this release should not be regarded as a representation that the future plans, estimates or expectations contemplated will be achieved. These forward-looking statements involve risks and uncertainties, many of which are beyond the Company s

control. Factors that could cause actual results to differ materially from those described in the Company s forward-looking statements include, but are not limited to, operating in highly competitive markets; our ability to control increases in

healthcare costs and any subsequent effect on demand for the Company s products, services, or solutions; the Company s ability to operate effectively as an independent, publicly-traded company; and the other factors detailed in the

Company s Registration Statement on Form S-3 filed on February 15, 2024, as well as other risks discussed in the Company s filings with the U.S. Securities and Exchange Commission. Please also

see the Risk Factors section of the Company s Form 10-K filed with the U.S. Securities and Exchange Commission and any updates or amendments it makes in future filings. There may be other

factors not presently known to the Company or which it currently considers to be immaterial that could cause the Company s actual results to differ materially from those projected in any forward-looking statements the Company makes. The Company

does not undertake any obligation to update or revise its forward-looking statements except as required by applicable law or regulation.