Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 56

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 56
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 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 and retain key personnel and employees, and we plan to continue
to grant share-based compensation to our employees. As a result, our expenses associated with share-based compensation may increase, which
may have a material and adverse effect on our financial condition and results of operations.

Furthermore, perspective candidates
and existing employees often consider the value of the equity awards they receive in connection with their employment. Thus, our ability
to attract or retain highly skilled employees may be adversely affected by declines in the perceived value of our equity or equity awards.
Furthermore, there are no assurances that the number of shares reserved for issuance under our share incentive plans will be sufficient
to grant equity awards adequate to recruit new employees and to compensate existing employees.

Risks Relating to Our Media
Business

The media industry
is highly competitive, and we may be unable to compete successfully with our current or future competitors.

Our ability to compete with
our competitors in the media sector effectively depends on many factors both within and beyond our control, including among other things:

| ● | our ability to continue delivering a breadth of high-quality content that is timely, interesting and inspiring 
 to our audience;                                                                                               |

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| ● | the popularity, usefulness, ease of use, format, performance, reliability and value of our digital media 
 services, compared with those of our competitors;                                                        |

| ● | the sustained engagement of our audience directly with our content, products and services; |

| ● | our ability to develop, maintain and monetize our content, products and services; |

| ● | our ability to provide advertisers with a compelling return on their investments; |

| ● | our reputation