Company: TGE
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001213900-25-057225
Chunk: 261

Company: Generation Essentials Group
Filing Date: 2025-06-24
Form: F-1
Chunk 261
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 deducted from the Trust Account,
to the extent there remain any funds in the Trust Account after application of the funds in the Trust Account to satisfy any of the Company’s
shareholders redemption, and any shortfall will be paid by WME.

Interest Withdrawal

On January 21, 2025, the Company withdrew $117,249
interest earned on cash held in the Trust Account, for working capital purposes.

<div align='center'>F-22

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PCAOB ID NO. 6783)</div>

To the shareholders and the Board of Directors of The Generation Essentials
Group

Opinion on the Financial Statements

We have audited the accompanying consolidated statements of financial
position of The Generation Essentials Group and its subsidiaries (formerly known as World Media and Entertainment Universal Inc.) (collectively
known as the “Group”) as of December 31, 2022, 2023 and 2024, the related consolidated statements of profit or loss and
other comprehensive income, changes in equity and cash flows the years ended December 31, 2022, 2023 and 2024 and the related
notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements
present fairly, in all material respects, the financial position of the Group as of December 31, 2022, 2023 and 2024, and the results
of its operations and its cash flows for the years ended December 31, 2022, 2023 and 2024, in conformity with International
Financial Reporting Standards as issued by the International Accounting Standards Board.

Basis for Opinion

These financial statements are the responsibility of the Group’s
management. Our responsibility is to express an opinion on the Group’s financial statements based on our audits. We are a public
accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required
to be independent with respect to the Group in accordance with the U.S. federal securities laws and the applicable rules and regulations
of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those
standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of
material misstatement, whether due to error or fraud. The Group is not required to have, nor were we engaged to perform, an