Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 371

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 371
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 audit committee will oversee The Generation Essentials Group accounting and financial reporting processes. The audit committee will be responsible for, among other things: •appointing the independent auditors and pre -approvingall auditing and non -auditingservices permitted to be performed by the independent auditors; •reviewing with the independent auditors any audit problems or difficulties and management’s response; •discussing the annual audited financial statements with management and the independent auditors; •reviewing the adequacy and effectiveness of TGE’s accounting and internal control policies and procedures and any steps taken to monitor and control major financial risk exposures; •reviewing and approving all proposed related party transactions; •meeting separately and periodically with management and the independent auditors; and •monitoring compliance with TGE’s code of business conduct and ethics, including reviewing the adequacy and effectiveness of TGE’s procedures to ensure proper compliance. Compensation Committee The compensation committee will consist of Dr. Feridun Hamdullahpur and Joanne Shoveller. 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 applicable stock exchange rules. The compensation committee will assist 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 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 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 -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