Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 80

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 80
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 provided us with the services of a number of its executives and employees. We expect
our Controlling Shareholder to continue to provide us with certain support services, but we cannot assure you we will continue to receive
the same level of support from our Controlling Shareholder. To the extent our Controlling Shareholder does not continue to provide us
with such support, we will need to create our own support system. We may encounter operational, administrative and strategic difficulties
as we adjust to operating as a stand-alone public company. This may cause us to react more slowly than our competitors to industry changes
and may divert our management’s attention from running our business or otherwise harm our operations.

In addition, as a public
company, our management team will need to develop the expertise necessary to comply with the numerous regulatory and other requirements
applicable to public companies, including requirements relating to corporate governance, listing standards and securities and investor
relationships issues. As a stand-alone public company, our management will have to evaluate our internal controls system with new thresholds
of materiality, and to implement necessary changes to our internal controls system. We cannot guarantee that we will be able to do so
in a timely and effective manner.

We may have conflicts
of interest with our Controlling Shareholder and its affiliates and, because of our Controlling Shareholder’s controlling ownership
interest in our company, we may not be able to resolve such conflicts on terms favorable to us.

Our Controlling Shareholder
has significant influence in determining the outcome of any corporate actions or other matters that require shareholder approval, such
as mergers, consolidations, change of our name, and amendments of our memorandum and articles of association.

The concentration of ownership
and voting power may cause transactions to occur in a way that may not be beneficial to our securityholders and may prevent us from pursuing
transactions that would be beneficial to our securityholders. Conflicts of interest may arise between our Controlling Shareholder or
its affiliates and us in a number of areas relating to our past and ongoing relationships. Potential conflicts of interest that we have
identified include the following:

| ● | Our                                                                                                  
 board members or executive officers may have conflicts of interest. Our chief executive              
 officer, Giampietro Baudo, is the chief executive officer of AMTD Digital Inc. and AMTD IDEA         
 Group. Our chief financial officer, Samuel Chau, is the chief financial reporting officer            
 of our Controlling Shareholder. Our independent director, Dr. Feridun Hamd