Corporate access Alstom GE/Alstom EC phase 2 analysis and perspectives Date: 23 July Group lunch Meeting, Mayfair london Browns hotel @12.30 UK time Topic: GE /Alstom EC approval? Guest: Alstom 13 year veteran with particular knowledge of Gas Turbine markets. Our guest career in the power industry spans twenty years, in particular in the field of gas-fired turbines. Among several positions at Alstom over 13 years he worked in Alstom’s gas turbine R&D division, he was Head of the product management and marketing team focusing on the entire Alstom Gas Turbine portfolio. During his career, he has acquired unique Gas Turbines comprehensive knowledge, ranging from the operational issues, development history, costs, market shares, competition and customers issues. Background to the presentation: The European commission opened an in-depth investigation into the GE acquisition of Alstom in February, warning it could lead to higher prices for heavy- duty gas turbines. The merger would reduce the number of suppliers of such turbines in Europe from four to two. Higher Prices , less choice and less inovation is the key worry if the EC allows the merger. The EC sent GE a statement of objections last month. GE has requested a hearing with the EC for this next Thursday. The EC has a provisional deadline to respond by 21 August. We want to understand why and how GE/Alston could resolve the worries customers and the EC have. The EC review is only about the heavy-duty gas turbines market. This is a very specific topic to analyse . Our guest has the necessary combination of engineering expertise and commercial knowledge to navigate us trough the issues and potential solutions RSVP There will be a dial-in facility for non UK clients 20 phone lines only 5 | P a g e Event-Driven Research Europe Alex Olvera [email protected]