Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 115

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 115
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261,644 |   |     | 1,077,764 |     |        333 |   |     |               155,421 |   |     |    155,754 |   |     |                   (28,942 | ) |     | 1,204,576 |     |                   (95,880 | ) |     | 1,137,639 |     |                  (158,527 | ) |     | 1,074,991 |

71

COMPARATIVE PER SHARE DATA The following table sets forth the per share data of each of Black Spade II and aWME on a stand -alonebasis and the unaudited pro forma condensed combined per share data for the period ended June 30, 2024 and after giving effect to the Business Combination, prepare using the assumptions below: •Scenario 1 — Assuming No Redemptions: This presentation assumes that no BSII Public Shares are redeemed by the Black Spade II Public Shareholders. •Scenario 2 — Assuming 50% Redemptions: This presentation assumes 7,650,000 BSII Public Shares are redeemed by the Black Spade II Public Shareholders. •Scenario 3 — Assuming Maximum Redemptions: This presentation assumes 14,809,714 BSII Public Shares are redeemed by the Black Spade II Public Shareholders. The maximum redemption scenario refers to a scenario where Black Spade II Public Shareholders exercise rights to redeem 14,809,714 BSII Class A Ordinary Shares, which represents the maximum level of redemptions that could occur without a failure to satisfy the condition set forth in the Business Combination Agreement that Black Spade II has net tangible assets of at least $5,000,001 upon consummation of the Business Combination. In this case, the per share data assumes that the Recapitalization (as defined herein) is effective on, 2025. You should read the information in the following table in conjunction with the selected historical financial information summary included elsewhere in this proxy statement/prospectus, and the historical financial statements of Black Spade II and aWME and related notes that are included elsewhere in this proxy statement/prospectus. The unaudited Black Spade II and aWME pro forma combined per share information is derived from, and should be read in conjunction with, the unaudited pro forma condensed combined financial statements and related notes included elsewhere in this proxy statement/prospectus. See “Unaudited Pro forma Condensed Combined Financial