Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 193

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 193
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 the U.S. Holder, may have to file an IRS Form 8621 (whether
or not a market-to-market election is made) with such U.S. Holder’s U.S. federal income tax return and provide such
other information as may be required by the U.S. Treasury Department. The rules dealing with PFICs and the elections described
above are very complex and are affected by various factors in addition to those described above. Accordingly, U.S. Holders should
consult their own tax advisors concerning the application of the PFIC rules under their particular circumstances.

THE RULES DEALING WITH PFICS ARE COMPLEX AND ARE IMPACTED BY VARIOUS FACTORS IN ADDITION TO THOSE DESCRIBED ABOVE. ALL U.S. HOLDERS SHOULD CONSULT THEIR TAX ADVISORS REGARDING THE CONSEQUENCES TO THEM OF THE PFIC RULES, INCLUDING, WITHOUT LIMITATION, WHETHER A MARK-TO-MARKET ELECTION OR ANY OTHER ELECTION IS AVAILABLE AND THE CONSEQUENCES TO THEM OF ANY SUCH ELECTION, AND THE IMPACT OF ANY PROPOSED OR FINAL PFIC TREASURY REGULATIONS.

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DESCRIPTION
OF SHARE CAPITAL</div>

The following description
of the material terms of our securities includes a summary of specified provisions of the Amended Articles. This description is qualified
by reference to the Amended Articles. All capitalized terms used in this section are as defined in the Amended Articles, unless elsewhere
defined herein.

The Generation Essentials
Group is a Cayman Islands exempted company with limited liability and its affairs are governed by the Amended Articles, the Cayman Islands
Companies Act, and the common law of the Cayman Islands.

The authorized share capital
of The Generation Essentials Group consists of 1,887,814,313,346.23 shares of a par value of US$0.0000000264856557377049 each, consisting
of 1,791,048,851,868.47 Class A Ordinary Shares, 72,816,437,663.4429 Class B Ordinary Shares, and 23,949,023,814.3133 non-voting
redeemable preferred shares (the “Preferred Shares”). All Ordinary Shares issued and outstanding at the consummation of the
Business Combination will be fully paid and non-assessable.

The following are summaries
of material provisions of the Amended Articles and the Cayman Islands Companies Act insofar as they relate to