Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 420

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 420
---
ade Sponsor LLC II, Black Spade II’s sponsor, is the record holder of the shares reported herein. The Sponsor is managed by three managers, each of whom has one vote, and the approval of two of the three managers is required to approve an action of the Sponsor. No individual manager exercises voting or dispositive control over any of the securities

271 held by the Sponsor. Under the so -called“rule of three,” if voting and dispositive decisions regarding an entity’s securities are made by two or more individuals, and a voting and dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity’s securities. This is the situation with regard to the Sponsor. Based upon the foregoing analysis, no individual manager of the Sponsor exercises voting or dispositive control over any of the securities held by the Sponsor, even those in which he directly holds a pecuniary interest. Accordingly, none of them are deemed to have or share beneficial ownership of such shares. (4)Represents shares that may be deemed to be beneficially owned by AQR Capital Management, LLC, AQR Capital Management Holdings, LLC and AQR Arbitrage, LLC. The address of the principal business office of each of these entities/persons is One Greenwich Plaza, Greenwich, CT 06830. Information derived from a Schedule 13G/A filed with the SEC on February 13, 2025. (5)Represents directly held by Fort Baker Capital Management LP. Steven Patrick Pigott acts as Limited Partner/Chief Investment Officer for Fort Baker Capital Management LP. Fort Baker Capital, LLC acts as General Partner for Fort Baker Capital Management LP. The address of the principal business office of each of these entities/persons is 700 Larkspur Landing Circle, Suite 275 Larkspur, CA 94939. Information derived from a Schedule 13G/A filed with the SEC on February 14, 2025. (6)Represents shares that may be deemed to be beneficially owned by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. The address of the principal business office of each of these entities/persons is 200 West Street New York, NY 10282. Information derived from a Schedule 13G filed with the SEC on January 28, 2025. (7)The address of the principal business office of this entity is 1 Churchill Place, London, E14 5HP. Information derived from a Schedule