Company: TGE
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001213900-25-057225
Chunk: 172

Company: Generation Essentials Group
Filing Date: 2025-06-24
Form: F-1
Chunk 172
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Compensation of Directors
and Executive Officers

For the year ended December 31,
2024, we paid an aggregate of US$0.3 million in cash and benefits to our executive officers as a group and we did not pay any compensation
to our non-executive directors. We have not set aside or accrued any amount to provide pension, retirement or other similar benefits to
our executive officers. Some of our subsidiaries are required by law to make contributions equal to certain percentages of each employee’s
salary for his or her pension insurance, medical insurance, unemployment insurance, work-related injury insurance and maternity insurance
and other statutory benefits, and a housing provident fund.

For information regarding
share awards granted to our directors and executive officers, see the section entitled “— Share Incentive Plan.”

Employment Agreements and
Indemnification Agreements

Each of our executive officers
is party to an employment agreement with us. Under these agreements, the employment of each of executive officers is for a specified time
period, and may be terminated for cause, at any time and without advance notice or compensation, for certain acts of the executive officer,
such as conviction or plea of guilty to a felony or any crime involving moral turpitude, negligent or dishonest acts to our detriment,
or misconduct or a failure to perform agreed duties. In such case of termination, we will provide severance payments to the relevant executive
officer as expressly required by applicable law of the jurisdiction where the executive officer is based. The employment may also be terminated
without cause upon three-month advance written notice. The executive officer may resign at any time with three-month advance written notice.

Each of our executive officers
has agreed to hold, both during and after the termination or expiry of his or her employment agreement, in strict confidence and not to
use, except as required in the performance of his or her duties in connection with the employment or pursuant to applicable law, any confidential
information of ours or trade secrets, any confidential information or trade secrets of our customers or prospective customers, or the
confidential or proprietary information of any third party received by us and for which we have confidential obligations. The executive
officers have also agreed to disclose in confidence to us all inventions, designs, and trade secrets which they conceive, develop, or
reduce to practice during the executive officer’s employment with us and to assign all right, title, and interest in them to us,
and assist us in obtaining and enforcing