Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 81

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 81
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 Shoveller is an independent director of AMTD Digital          
 Inc. and Raymond Yung is an independent director of AMTD IDEA Group. As a result, they may           
 not have sufficient capacity to perform their duties in our company. These overlapping relationships 
 could create, or appear to create, conflicts of interest when these persons are faced with           
 decisions with potentially different implications for our Controlling Shareholder and us.            |

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| ● | Intellectual                                                                                   
 Property License Agreement. We license L’Officiel and The Art Newspaper trademarks             
 and domain names and other intellectual properties we use in our business from AMTD Group      
 Inc. under a license agreement with AMTD Group Inc. The license agreement has an initial       
 term of 20 years and will automatically renew for terms of five years each unless              
 either us or AMTD Group Inc. notifies the other party no later than six months prior           
 to the expiration of the then-current term. The license agreement is also terminable by either 
 part if there is a material breach on the part of the other party that is not cured within     
 the prescribed period. AMTD Group Inc. may refuse to renew this license agreement or elect     
 to terminate it upon our default. AMTD Group Inc. may not perform its obligations under this   
 agreement in our best interest, or at all, and may act in a way that is detriment to our       
 business interest.                                                                             |

| ● | Sale                                                                                                
 of shares or assets in our company. Our Controlling Shareholder may decide to sell                  
 all or a portion of our shares that it holds to a third party, including to one of our competitors, 
 thereby giving that third party substantial influence over our business and our affairs.            
 In addition, our Controlling Shareholder may decide, or be obligated under any of its applicable    
 debt covenant, to sell all or a portion of our shares or our assets in the event of default         
 of our Controlling Shareholder or any of its affiliates under any applicable debt or other          
 obligations or otherwise becomes insolvent. Such a sale of our shares or our assets could           
 be contrary to the interests of our employees or our other shareholders. In addition, our           
 Controlling Shareholder may also discourage, delay, or prevent a change in control of our           
 company, which could deprive our shareholders of an opportunity to receive a premium for            
 their shares as part of a sale of our company and might reduce the price of our securities.         |

| ● | Allocation