Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 10

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 10
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 |     |          7.2 | % |
| Existing TGE Shareholders (excluding AMTD Digital Inc.)(5)(6) |     |     23,171,033 |     |         34.1 | % |     |     23,171,033 |     |         38.4 | % |     |       23,171,033 |     |         43.7 | % |
| AMTD Digital Inc.(5)(6)                                       |     |     25,628,967 |     |         37.7 | % |     |     25,628,967 |     |         42.5 | % |     |       25,628,967 |     |         48.2 | % |
| Total shares at Closing                                       |     |     67,925,000 |     |          100 | % |     |     60,275,000 |     |          100 | % |     |       53,115,286 |     |          100 | % |

____________ (1)Assumes that Black Spade II Public Shareholders holding the outstanding BSII Class A Ordinary Shares will not exercise their redemption rights with respect to the outstanding 15,300,000 BSII Class A Ordinary Shares under the assumed no redemptions scenario, assumes that Black Spade II Public Shareholders will exercise their redemption rights to redeem

7,650,000 of the 15,300,000 outstanding BSII Class A Ordinary Shares under the assumed 50% redemptions scenario and assumes that Black Spade II Public Shareholders will exercise their redemption rights to redeem all of the 14,809,714 outstanding BSII Class A Ordinary Shares under the assumed maximum redemptions scenario. Actual BSII Class A Ordinary Shares redeemed in connection with the Business Combination may vary from the amounts presented above, accordingly the ownership percentages set forth above will also vary. (2)Based on 23,171,033 TGE Class A Ordinary Shares, 19,285,911 TGE Class B Ordinary Shares and 6,343,056 TGE Preferred Shares outstanding immediately after the Recapitalization. Holders of TGE Class A Ordinary Shares and TGE Class B Ordinary Shares will at all times vote together as a single class on all resolutions submitted to a vote by the members of TGE (including ordinary resolutions and special resolutions). Holders of TGE Preferred Shares are entitled to vote only on transactions that may