Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 355

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 355
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 share dividend or distribution, or any change in aWME’s share capital by reason of any recapitalization, reclassification, exchange of shares. The unaudited pro forma condensed combined financial information has been prepared using the assumptions below: •Assuming No Redemptions: This presentation assumes that no Public Shareholders elect to have their Public Shares redeemed for cash in connection with the Transactions and there are no dissenting Shareholders. •Assuming 50% of the Maximum Redemptions: This presentation assumes a scenario where Public Shareholders exercise rights to redeem 7,650,000 Public Shares, which represents the medium level of redemptions. •Assuming Maximum Redemptions: This presentation assumes a scenario where Public Shareholders exercise rights to redeem Public Shares, which represents the maximum level of redemption that could occur without a failure to satisfy the condition to the obligation to consummate the Business Combination, that Black Spade II has net tangible assets of at least $5,000,001 upon the consummation of Business Combination. Under the three scenarios of no redemptions, 50% of the maximum redemptions and maximum redemptions, the Business Combination will be accounted for as a recapitalization, with no goodwill or other intangible assets recorded, in accordance with IFRS. Consideration The following represents the aggregate merger consideration under the no redemptions, 50% of the maximum redemptions and maximum redemptions scenarios, assuming no aWME warrants issued to Black Spade II warrant holders in accordance with the Business Combination Agreement have been exercised:

|                                       |     | Assuming No 
  Redemption |     |             |     | Assuming 50% of the 
             Maximum 
         Redemptions |     |             |     | Assuming Maximum 
      Redemptions |     |             |
|                                       |     |    Purchase 
       price |     | Share issue |     |            Purchase 
               price |     | Share issue |     |         Purchase 
            price |     | Share issue |
|                                       |     |     US$’000 |     |             |     |             US$’000 |     |             |     |          US$’000 |     |             |
| Share Consideration to Black Spade II |     |     191,250 |     |  19,125,000 |     |             114,750 |     |  11,475,000 |     |           43,153 |     |   4