Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 367

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 367
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eller. Joanne Shoveller will be the chairperson of the compensation committee. Each of Dr. Feridun Hamdullahpur and Joanne Shoveller satisfies the requirements for an “independent director” within the meaning of thelisting rules. The compensation committee will assist the board in reviewing and approving the compensation structure, including all forms of compensation, relating to World Media and Entertainment Universal Inc. directors and executive officers. World Media and Entertainment Universal Inc. chief executive officer may not be present at any committee meeting during which his compensation is deliberated. The compensation committee will be responsible for, among other things: •reviewing and approving, or recommending to the board for its approval, the compensation for World Media and Entertainment Universal Inc. chief executive officer and other executive officers; •reviewing and recommending to the board for determination with respect to the compensation of World Media and Entertainment Universal Inc. non -employeedirectors; •reviewing periodically and approving any incentive compensation or equity plans, programs similar arrangements; and •selecting compensation consultant, legal counsel or other adviser only after taking into consideration all factors relevant to that person’s independence from management. 241 Nominating and Corporate Governance Committee The nominating and corporate governance committee will consist of Dr. Feridun Hamdullahpur and Joanne Shoveller. Dr. Feridun Hamdullahpur will be the chairperson of the nominating and corporate governance committee. Each of Dr. Feridun Hamdullahpur and Joanne Shoveller satisfies the requirements for an “independent director” within the meaning of thelisting rules. The nominating and corporate governance committee will assist the board of directors in selecting individuals qualified to become directors of World Media and Entertainment Universal Inc. and in determining the composition of the board and its committees. The nominating and corporate governance committee will be responsible for, among other things: •selecting and recommending to the board nominees for election by the shareholders or appointment by the board; •reviewing annually with the board the current composition of the board with regards to characteristics such as independence, knowledge, skills, experience and diversity; •making recommendations on the frequency and structure of board meetings and monitoring the functioning of the committees of the board; and •advising the board periodically with regards to significant developments in the law and practice of corporate governance as well as compliance with applicable laws and regulations, and making recommendations to the board on all matters of corporate governance and on any remedial action to be taken. Duties of Directors Under Cay