Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 113

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 113
---
 |             48,800,000 |     |  81.0 |     |             48,800,000 |     |  91.9 |
|                                                            |     |        67,925,000 |     | 100.0 |     |             60,275,000 |     | 100.0 |     |             53,115,286 |     | 100.0 |

____________ Notes: (1)The share amounts and ownership percentages set forth above are not indicative of voting percentages. Excludes the potential dilutive effect of any TGE warrants outstanding, earnout shares issued after the Closing or equity awards that may be granted under the TGE Award Plan. If the actual facts are different than the assumptions set forth above, the share amounts and percentage ownership numbers set forth above will be different. (2)Represents the issuance of TGE ordinary shares to Public Shareholders, in the cases of no redemptions, 50% of the maximum redemptions, and maximum redemptions. (3)Represents the issuance of TGE ordinary shares to the Sponsor and the other Initial Shareholders of Black Spade II, in the cases of no redemptions, 50% of the maximum redemptions, and maximum redemptions. (4)Historical issued and outstanding shares of Black Spade II are 15,300,000 Class A Ordinary Shares held by Black Spade II Public Shareholders and 3,825,000 Class B Ordinary Shares held by Sponsor and other Initial Shareholders of Black Spade II. (5)Historical issued and outstanding shares of TGE are 5,108, 4,880, 857, 388 and 12 voting ordinary shares held by AMTD Digital, AMTD IDEA, South Horizon, Radisson Everton an AMTD Group, respectively, and 1,680 non -votingredeemable ordinary shares held by AMTD Digital.

65

UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED DECEMBER 31, 2024

|                                                                                                                      |     |     TGE |           |     |    Black 
 Spade II |             |     | IFRS         
 Conversion   
 and          
 Presentation 
 Alignment    |           | Transactions – Scenario 1 
 No redemptions            |   |             |         |   |           |