Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 216

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 216
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 to put any proposal before a general meeting. However,
these rights may be provided in a company’s articles of association. The Amended Articles allow our shareholders holding shares
which carry in aggregate not less than one-third of all votes attaching to the issued and outstanding shares of our company entitled to
vote at general meetings to requisition an extraordinary general meeting of our shareholders, in which case our board is obliged to convene
an extraordinary general meeting and to put the resolutions so requisitioned to a vote at such meeting. Other than this right to requisition
a shareholders’ meeting, the Amended Articles do not provide our shareholders with any other right to put proposals before annual
general meetings or extraordinary general meetings. As an exempted Cayman Islands company, we are not obliged by law to call shareholders’
annual general meetings.

Cumulative Voting.Under
the Delaware General Corporation Law, cumulative voting for elections of directors is not permitted unless the corporation’s certificate
of incorporation specifically provides for it. Cumulative voting potentially facilitates the representation of minority shareholders on
a board of directors since it permits the minority shareholder to cast all the votes to which the shareholder is entitled on a single
director, which increases the shareholder’s voting power with respect to electing such director. There are no prohibitions in relation
to cumulative voting under the laws of the Cayman Islands but the Amended Articles do not provide for cumulative voting. As a result,
our shareholders are not afforded any less protections or rights on this issue than shareholders of a Delaware corporation.

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Removal of Directors.Under
the Delaware General Corporation Law, a director of a corporation with a classified board may be removed only for cause with the approval
of a majority of the outstanding shares entitled to vote, unless the certificate of incorporation provides otherwise. Under the Amended
Articles, subject to certain restrictions as contained therein, directors may be removed with or without cause, by an ordinary resolution
of our shareholders. An appointment of a director may be on terms that the director shall automatically retire from office (unless he
has sooner vacated office) at the next or a subsequent annual general meeting or upon any specified event or after any specified period
in a written agreement between the company and the director, if any; but no such term shall be implied in the absence of express provision.
Under the Amended Articles, a director’s office shall be vacated if the director (i) becomes bankrupt or makes any arrangement
or composition with his creditors;