Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 501

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 501
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      9,367 |   |     |         130 |   |     |         1,115 |   |     |        — |   |     |  10,612 |   |
| Acquisition of subsidiaries      |     |    159,722 |   |     |           — |   |     |        23,107 |   |     |        — |   |     | 182,829 |   |
| Disposal of subsidiaries         |     |       (392 | ) |     |        (127 | ) |     |             — |   |     |   (7,828 | ) |     |  (8,347 | ) |
| Non-cash transactions            |     |       (643 | ) |     |         544 |   |     |         2,066 |   |     |    4,138 |   |     |   6,105 |   |
| Cash flows                       |     |    (10,481 | ) |     |        (410 | ) |     |       (17,741 | ) |     |   34,864 |   |     |   6,232 |   |
| Exchange realignment             |     |       (268 | ) |     |           — |   |     |           745 |   |     |    1,252 |   |     |   1,729 |   |
| As of December 31, 2024          |     |    219,609 |   |     |         520 |   |     |        63,019 |   |     |  102,622 |   |     | 385,770 |   |

30.RELATED PARTY TRANSACTIONS In addition to the transactions disclosed elsewhere in these consolidated financial statements, the Group had the following transactions with related parties during the year:

|                           |     | Year ended December 31, 
                    2022 |     |    2023 |     |    2024 |
|:--------------------------|:----|------------------------:|:----|--------:|:----|--------:|
|                           |     |                 US$’000 |     | US$’000 |     | US$’000 |
| Marketing services income |     |                   2,888 |     |   2,726 |     |   2,737 |

F-69

THE GENERATION ESSENTIALS GROUP
NOTES