Company: TGE
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001213900-25-057225
Chunk: 56

Company: Generation Essentials Group
Filing Date: 2025-06-24
Form: F-1
Chunk 56
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 a disaster or other disruption were to occur in the future that affects the regions where we operate, our operations
could be materially and adversely affected.

In addition, our business
could be affected by public health epidemics, such as the outbreak of avian influenza, severe acute respiratory syndrome or SARS, Zika
virus, Ebola virus, coronavirus or other disease. In recent years, outbreaks of COVID-19 resulted in quarantines, travel restrictions
and the temporary closure of businesses and facilities worldwide. These events are beyond our control, and we cannot assure you that similar
events will not happen in the future and our business and results of operations may not be adversely affected.

Exchange rate fluctuations
could result in significant foreign currency gains and losses and affect our business results.

We earn revenues and incur
expenses in foreign currencies in connection with our operations outside of the U.S. Accordingly, fluctuations in currency exchange
rates may significantly increase the amount of U.S. dollars required for foreign currency expenses or significantly decrease the
U.S. dollars we receive from foreign currency revenues. We are also exposed to currency translation risk because the results of our
non-U.S. business are generally reported in local currency, which we then translate to U.S. dollars for inclusion in our Financial
Statements. As a result, exchange rate changes between foreign currencies and the U.S. dollar affect the amounts we record for our
foreign assets, liabilities, revenues and expenses, and could have a material negative effect on our financial results. To the extent
that our international operations continue to grow, our exposure to foreign currency exchange rate fluctuations will grow.

We have adopted
a share incentive plan and plan to grant options and other types of awards under our share incentive plan, which may result in increased
share-based compensation expenses.

We adopted a share incentive
plan, or the 2025 Share Incentive Plan, at the Closing, for the purpose of granting share-based compensation awards to employees, directors
and consultants to incentivize their performance and align their interests with ours. Under this plan, we will be authorized to grant
options and other types of awards. The maximum number of ordinary shares that may be issued pursuant to all awards under the 2025 Share
Incentive Plan is initially 875,255, being 3% of the total number of Class A Ordinary Shares outstanding as of the Closing Date. See “Management — Share
Incentive Plan.”

We believe the granting of
share-based awards is of significant importance to our ability to attract