Company: TGE
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001213900-25-057225
Chunk: 168

Company: Generation Essentials Group
Filing Date: 2025-06-24
Form: F-1
Chunk 168
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| ● | reviewing and approving all proposed related party transactions; |

| ● | meeting separately and periodically with management and the independent auditors; and |

| ● | monitoring compliance with our code of business conduct and ethics, including reviewing the adequacy and 
 effectiveness of our procedures to ensure proper compliance.                                             |

Compensation Committee

The compensation committee
consists of Dr. Feridun Hamdullahpur and Joanne Shoveller. Joanne Shoveller is 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 Section 303A of the Corporate Governance Rules of the NYSE.

The compensation committee
assists the board in reviewing and approving the compensation structure, including all forms of compensation, relating to The Generation
Essentials Group directors and executive officers. The Generation Essentials Group chief executive officer may not be present at any committee
meeting during which his or her compensation is deliberated. The compensation committee is responsible for, among other things:

| ● | reviewing and approving, or recommending to the board for its approval, the compensation for The Generation 
 Essentials Group chief executive officer and other executive officers;                                      |

| ● | reviewing and recommending to the board for determination with respect to the compensation of The Generation 
 Essentials Group non-employee directors;                                                                     |

| ● | 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.                                    |

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Nominating and Corporate Governance Committee

The nominating and corporate
governance committee consists of Dr. Feridun Hamdullahpur and Joanne Shoveller. Dr. Feridun Hamdullahpur is 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 Section 303A of the Corporate Governance Rules of the NYSE.

The nominating and corporate
governance committee assists the board of directors in selecting individuals qualified to become directors of The Generation Essentials
Group and in determining the composition of the board and its committees. The nominating and corporate governance committee is responsible
for, among other things:

|