EXHIBIT 1

JOINT FILING AGREEMENT

This will confirm the agreement by and among all the undersigned that the Schedule 13G filed on or about this date and any amendments thereto with respect to the beneficial ownership by the undersigned of shares of common stock, no par value, of Synchrony Financial is being filed on behalf of each of the undersigned in accordance with Rule 13d-1(k)(1). This agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

Dated: February 10, 2016

 
GENERAL ELECTRIC COMPANY
 
      
 
By:
/s/ Jonas Svedlund  
 
 
Name:    Jonas Svedlund
 
 
Title:      Attorney-in-fact
 

 
POWER HOLDING LLC*
 
      
 
By:
/s/ Mark Mellana  
 
 
Name:    Mark Mellana
 
 
 
Title:      Manager
 
      
 
* formerly GE Consumer Finance, Inc.