Consider the following statements regarding Gestational Diabetes Mellitus (GDM):

1. GDM is defined as any degree of glucose intolerance with onset or first recognition during pregnancy.

2. Immediate maternal outcomes of GDM include preeclampsia, stillbirths, macrosomia, and need for cesarean section.

3. GDM increases the risk of future Type 2 diabetes in both the mother and the baby.

Which of the statements given above is/are correct?