Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 360

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 360
---
) | The financial assets at amortized costs have a low risk of                                                                                      
 default as the counterparties do not have default history and there is no information indicating that these financial assets have a significant 
 increase in credit risk since initial recognition.                                                                                              |

<div align='center'>F-95

THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024</div>

| 33. | FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES 
 (cont.)                                           |

The Group aims to maintain cash and credit lines to meet its
liquidity requirements. The Group finances its working capital requirements through a combination of funds generated from operations,
loans and equity financing.

The following tables detail the Group’s remaining contractual
maturity for its financial liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based
on the earliest date on which the Group can be required to pay. Variable rate instruments are subject to change if change in variable
rates differ from the estimated interest rate determined at the end of the reporting period.

|                                                           |     | As of December 31, 2022 |      |     |              |        |     |           |        |     |         |         |     |              |         |     |          |         |
|:----------------------------------------------------------|:----|:------------------------|-----:|:----|:-------------|-------:|:----|:----------|-------:|:----|:--------|--------:|:----|:-------------|--------:|:----|:---------|--------:|
|                                                           |     | Weighted                
 Average                 
 interest rate           |      |     | On demand    
 or less than 
 3 months     |        |     | 3 months  
 to 1 year |        |     | 1 to 5  
 years   |         |     | Total        
 undiscounted 
 cash flows   |         |     | Carrying 
 amount   |         |
|                                                           |     | %                       |      |     | US$’000      |        |     | US$’000   |        |     | US$’000 |         |     | US$’000      |         |     | US$’000  |         |
| Accounts payable                                          |     |                         |    — |     |              |