Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 375

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 375
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 Generation Essentials Group business practices — compliance, integrity, respect and dedication. The code applies to all directors, officers, employees and extended workforce, including Chairperson and Chief Executive Officer and Chief Financial Officer. Relevant sections of the code also apply to members of The Generation Essentials Group board of directors. The Generation Essentials Group expects its suppliers, contractors, consultants, and other business partners to follow the principles set forth in its code when providing goods and services to The Generation Essentials Group or acting on The Generation Essentials Group’s behalf. Compensation of Directors and Executive Officers For the year ended December 31, 2024, The Generation Essentials Group paid an aggregate of US$0.3 million in cash and benefits to its executive officers as a group and we did not pay any compensation to our non -executivedirectors. The Generation Essentials Group has not set aside or accrued any amount to provide pension, retirement or other similar benefits to its executive officers. The Generation Essentials Group PRC subsidiaries are required by law to make contributions equal to certain percentages of each employee’s salary for his or her pension insurance, medical insurance, unemployment insurance, work -relatedinjury insurance and maternity insurance and other statutory benefits, and a housing provident fund. For information regarding share awards granted to The Generation Essentials Group directors and executive officers, see the section entitled “— Share Incentive Plan.” Employment Agreements and Indemnification Agreements Each of the executive officers is party to an employment agreement with The Generation Essentials Group. Under these agreements, the employment of each of executive officers is for a specified time period, and may be terminated for cause, at any time and without advance notice or compensation, for certain acts of the executive officer, such as conviction or plea of guilty to a felony or any crime involving moral turpitude, negligent or dishonest acts to our detriment, or misconduct or a failure to perform agreed duties. In such case of termination, The Generation Essentials Group will provide severance payments to the relevant executive officer as expressly required by applicable law of the jurisdiction where the executive officer is based. The employment may also be terminated without cause upon three -monthadvance written notice. The executive officer may resign at any time with three -monthadvance written notice. Each executive officer of The Generation Essentials Group has agreed to hold, both during and after the termination or expiry of his or her employment agreement, in strict confidence and not to use, except as required in the performance of his or her duties in connection with the employment or pursuant to applicable law, any confidential information of T