Company: TGE
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001213900-25-057225
Chunk: 244

Company: Generation Essentials Group
Filing Date: 2025-06-24
Form: F-1
Chunk 244
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 the 5,100,000 Public Warrants underlying the Units sold in the Initial Public Offering (including the consummation
of the over-allotment) and the 11,120,000 Private Placement Warrants to purchase an aggregate of 16,220,000 shares of Class A Ordinary
Shares in the calculation of diluted income per ordinary share, because their exercise is contingent upon future events. Accretion associated
with the redeemable Class A Ordinary Shares is excluded from earnings per share as the redemption value approximates fair value.

The following table reflects the calculation of
basic and diluted net income per Ordinary Share (in dollars, except per share amounts):

|                                                      |     | For                
 the Year           
 Ended December 31, 
 2024               |           |     |         |           |
|:-----------------------------------------------------|:----|:-------------------|----------:|:----|:--------|----------:|
|                                                      |     | Class A            |           |     | Class B |           |
| Basic net income per ordinary share:                 |     |                    |           |     |         |           |
| Numerator:                                           |     |                    |           |     |         |           |
| Allocation of net income                             |     | $                  |   851,063 |     | $       |   381,033 |
| Denominator:                                         |     |                    |           |     |         |           |
| Basic weighted average ordinary shares outstanding   |     |                    | 8,038,983 |     |         | 3,599,168 |
| Basic net income per ordinary share                  |     | $                  |      0.11 |     | $       |      0.11 |
| Diluted net income per ordinary share:               |     |                    |           |     |         |           |
| Numerator:                                           |     |                    |           |     |         |           |
| Allocation of net income                             |     | $                  |   849,695 |     | $       |   382,401 |
| Denominator:                                         |     |                    |           |     |         |           |
| Diluted weighted average ordinary shares outstanding |     |                    | 8,038,983 |     |         | 3,617,902 |
| Diluted net income per ordinary share                |     | $                  |      0.11 |     | $       |      0.11 |

Recent Accounting Standards

In November