Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 90

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 90
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 the year/period |     |         |                   1,268 |   |     |         |   1,208 |   |     |         |   6,121 |   |     |         |                     6,121 |   |     |         |  19,978 |   |
| Effect of foreign exchange rate                               
 change, net                                                   |     |         |                      50 |   |     |         |    (447 | ) |     |         |    (254 | ) |     |         |                       522 |   |     |         |    (917 | ) |
| CASH AND CASH EQUIVALENTS AT THE                              
 END OF THE YEAR/PERIOD                                        |     |         |                   1,208 |   |     |         |   6,121 |   |     |         |  19,978 |   |     |         |                    47,956 |   |     |         |  12,559 |   |
| ANALYSIS OF BALANCES OF CASH AND CASH EQUIVALENTS             |     |         |                         |   |     |         |         |   |     |         |         |   |     |         |                           |   |     |         |         |   |
| Cash and bank balances                                        |     |         |                   1,208 |   |     |         |   6,121 |   |     |         |  19,978 |   |     |         |                    47,956 |   |     |         |  12,559 |   |

<div align='center'>48</div>

Non-GAAP Financial Measure

We use adjusted net income, which is a non-GAAP financial
measure, in evaluating our operating results and for financial and operational decision-making purposes. Adjusted net income represents
profit for the period excluding one-off share-based payment expense arising from the completion of the business combination in accordance
with IFRS 2. We define adjusted net income as profit for the period adjusted for non-recurring or extraordinary items.

We believe adjusted net
income helps identify underlying trends in our business that could otherwise be distorted by the effect of one-off share-based payment
expenses that we include in our profit for the period. We believe adjusted net income provides useful information about our results of
operations, enhances the overall understanding of our past performance and future prospects and allows for greater visibility with respect
to key metrics used