Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 51

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 51
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for example, could subject us to liabilities imposed by these jurisdictions.

In Europe and the UK, we are
subject to the GDPR, which comprehensively regulates our use of personal data, including cross-border transfers of personal data out of
the EEA and the UK. In relation to such cross border transfers of personal data, we expect the existing legal complexity and uncertainty
regarding international personal data transfers to continue. As the regulatory guidance and enforcement landscape in relation to data
transfers continue to develop, we could suffer additional costs, complaints and/or regulatory investigations or fines; we may have to
stop using certain tools and vendors and make other operational changes; we may have to implement alternative data transfer mechanisms
under the GDPR and/or take additional compliance and operational measures; and/or it could otherwise affect the manner in which we provide
our services, and could adversely affect our business, operations and financial condition.

In addition, various laws
and regulations of the jurisdictions in which we operate our business, govern the manner in which we market our products, including with
respect to subscriptions, billing, automatic renewals and cancellation. These laws and regulations differ across jurisdictions and continue
to evolve. These laws, as well as any changes in these laws or how they are interpreted, could adversely affect our ability to attract
and retain customers.

<div align='center'>23</div>

There has been increased focus
on and regulatory scrutiny related to laws and regulations governing privacy, data protection, customer marketing and subscriptions practices.
These laws continue to evolve and are subject to potentially differing interpretations. Various legislative and regulatory bodies of the
jurisdictions in which we operate our business, may expand such current laws or enact new laws in these areas. Existing and newly adopted
laws and regulations with respect to the processing, privacy and security of personal data, and customer marketing practices or new interpretations
of existing laws and regulations, have imposed and may continue to impose obligations that affect our business, place increasing demands
on our technical infrastructure and resources, require us to incur increased compliance costs and cause us to further adjust our advertising,
marketing, security or other business practices. As we continue these projects over the next several years, we may experience disruptions
or difficulties that could adversely affect our business.

Any failure, or perceived
failure, by us or the third parties upon which we rely to comply with laws and regulations that govern our business operations and our
policies, could expose us to penalties or civil or criminal liability and result in claims against us by governmental entities, classes