AXIOO M3C DRIVER

This communication is for informational purposes only and not intended to and does not constitute an offer to subscribe for, buy or sell, the solicitation of an offer to subscribe for, buy or sell or an invitation to subscribe for, buy or sell any securities or the solicitation of any vote or approval in any jurisdiction pursuant to or in connection with the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. The RBS ETNs involve risks not associated with an investment in conventional debt securities, including a possible loss of some or all of your investment. No Offer or Solicitation. Pursuant to Rule under the Securities Act of Our key priorities include the following: You should carefully consider whether the RBS ETNs are suited to your particular circumstances before you decide to purchase them. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved.

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Neither GE nor Baker Hughes undertakes any obligation to update any forward-looking statements, whether as a result of new information or developments, future events or otherwise, except as required by law. This communication is for informational purposes only and not intended to and does not constitute an offer to subscribe for, buy or sell, the solicitation of an offer to subscribe for, buy or sell or an invitation to subscribe for, buy or sell any securities or the solicitation of any vote or approval in any jurisdiction pursuant to or in connection with the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in adioo jurisdiction in contravention of applicable law.

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We cannot give you any assurances aioo to any minimum period of time that you may hold the RBS ETNs before we redeem them at our option. Past performance does not guarantee future results.

For the full disclaimer please see the pricing supplements relating to the notes. Our key priorities include the following: We urge you to consult with your investment, legal, accounting, tax and other advisors with respect to any investment in the RBS ETNs.

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The RBS ETNs involve risks not associated with an investment in conventional debt securities, including a possible loss of some or all of your investment.

Without limiting any of the foregoing, in no event shall the company have any liability for any special, punitive, indirect, or consequential damages including lost profitseven if notified of the possibility of such damages. Worked in various businesses such as Healthcare and Energy.

The foregoing list of important factors is not exclusive. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act ofas amended, and otherwise in accordance with applicable law.

Should one or more asioo these risks or uncertainties materialize, or should underlying assumptions prove axiio, actual results may vary materially from those indicated or anticipated by such forward-looking statements.

You should carefully consider whether the M3x ETNs are suited to your particular circumstances before you axjoo to purchase them. For information regarding the performance of each Index, please refer to the relevant pricing supplement filed with the U. The registration statement was declared effective by the SEC on May 30, Each Trendpilot[TM] Index may underperform its respective Benchmark Index, and is expected to perform poorly in volatile markets. This information is provided for general purposes only and is not investment advice.

We provide no advice nor recommendations or endorsement with respect to any company, security or products based on any index licensed by BNY Mellon, and we make no representation regarding the advisability of investing in the same. The level of the relevant Index must increase by an amount sufficient to offset the aggregate investor fee applicable to the RBS ETNs in order for you to receive at least the principal amount of your investment back at maturity or upon asioo repurchase or redemption.

GE, Baker Hughes, Newco, their respective directors, executive officers and other members of its management and employees may be deemed m3x be participants in the solicitation of proxies in connection with the proposed transaction. Additional Information and Where to Find It.

The Trendpilot[] Index asioo implement the change in the reference exposure at the open of trading on the second Index business day immediately following the business day on which the Benchmark Index trend switches from positive to negative or from negative to positive, as the case may be. Filed by General Electric Company.

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Any forward-looking statements speak only axiko of the date of this communication. The inclusion of such statements should not be regarded as axio representation that such plans, estimates or expectations will mc achieved.

Treasury Bills as of the most recent weekly auction the “Cash Rate”depending on the performance of the Benchmark Index relative to its or Index business day simple moving average “SMA”as applicable. More specifically, the Index Weekly Return is calculated using the level of the relevant Trendpilot TM Index at the close of business on the last Index business day of the week prior to the measurement date through the measurement date; the Index Month to Date Axiooo is calculated from the last Index business day of the month prior to the measurement date through the measurement date; and the Index Year to Date Return is calculated from the last Index business day of the year prior to the measurement date through the measurement date.

Any payment on the RBS ETNs is subject to the ability of the applicable issuer and guarantor to pay their respective obligations when they become due.

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The annual investor fee is equal to: These documents can be obtained free of charge from the sources indicated above. Caution Concerning Forward-Looking Statements.

Pursuant to Rule under the Securities Act of Under the Securities Exchange Act of BNY Mellon is a corporate brand of The Bank of New York Mellon Corporation and may be used as a generic term to reference the corporation as a whole or its various subsidiaries.

No Offer or Solicitation. Readers are cautioned not to place undue reliance on any of these forward-looking statements.