Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 395

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 395
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 and (b) no Black Spade II shareholder exercises its dissenters’ rights, and excluding shares underlying the BSII Public Warrants and BSII Private Warrants. Although AMTD Digital Inc. will control the voting power of all of the issued and outstanding aWME Class B Ordinary Shares immediately following the consummation of the Business Combination, their controls over those shares are not permanent and are subject to reduction or elimination. As further described below, upon any transfer of aWME Class B Ordinary Shares by a holder thereof to any person which is not Dr. Calvin Choi and any other person designated by Dr. Calvin Choi, those shares will automatically and immediately convert into aWME Class A Ordinary Shares.] Dividends The holders of aWME Ordinary Shares will be entitled to such dividends as the board of directors may in its discretion lawfully declare from time to time, or as aWME shareholders may declare by ordinary resolution. aWME Class A Ordinary and aWME Class B Ordinary Shares rank equally as to dividends and other distributions. Dividends may be paid either in cash or in specie. Holders of Non -VotingPreferred Shares shall not be entitled to any dividends for a period of twelve (12) months following the date of effectiveness of the Amended aWME Articles. 257 Voting Rights In respect of all matters upon which holders of aWME Ordinary Shares are entitled to vote, each aWME Class A Ordinary Share will be entitled to one vote and each aWME Class B Ordinary Share will be entitled to 20 votes. Voting at any meeting of shareholders will be decided by way of a poll and not by way of a show of hands. A poll shall be taken in such manner as the chairperson of the meeting directs and the result of a poll shall be deemed to be the resolution of the meeting. aWME Class A Ordinary Shares and aWME Class B Ordinary Shares will vote together on all matters as a single class except as otherwise required by law. An ordinary resolution to be passed by the shareholders will require a simple majority of votes cast, while a special resolution will require not less than two -thirdsof votes cast, in each case by such shareholders entitled to vote and present in person or by proxy or (in the case of corporations) by their duly authorized representatives. Both ordinary resolutions and special resolutions may also be passed by a unanimous written resolution signed by all members entitled to vote. A special resolution will be required for important matters such as a change of name or