Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 703

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 703
---
, including liabilities arising under the Securities Act. In compliance with the guidelines of the Financial Industry Regulatory Authority (“FINRA”), the aggregate maximum discount, commission, fees or other items constituting underwriting compensation to be received by any FINRA member or independent broker -dealerwill not exceed 8% of the gross proceeds of any offering pursuant to this prospectus and any applicable prospectus supplement. Alt-8 PART II INFORMATION NOT REQUIRED IN PROSPECTUS Item 20.Indemnification of Directors and Officers The laws of the Cayman Islands do not limit the extent to which a company’s memorandum and articles of association may provide for indemnification of officers and directors, except to the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification against willful default, willful neglect, civil fraud or the consequences of committing a crime. [The Amended aWME Articles provides that every director (including alternate director), secretary, assistant secretary, or other officer for the time being and from time to time of World Media and Entertainment Universal Inc. (but not including its auditors) and the personal representatives of the same (each an “Indemnified Person”) shall be indemnified and secured harmless against all actions, proceedings, costs, charges, expenses, losses, damages or liabilities incurred or sustained by such Indemnified Person, other than by reason of such Indemnified Person’s own dishonesty, willful default or fraud, in or about the conduct of World Media and Entertainment Universal Inc.’s business or affairs (including as a result of any mistake of judgment) or in the execution or discharge of his duties, powers, authorities or discretions, including without prejudice to the generality of the foregoing, any costs, expenses, losses or liabilities incurred by such Indemnified Person in defending (whether successfully or otherwise) any civil proceedings concerning World Media and Entertainment Universal Inc. or its affairs in any court whether in the Cayman Islands or elsewhere.] [World Media and Entertainment Universal Inc. will also be entering into indemnification agreements with its directors and executive officers, pursuant to which World Media and Entertainment Universal Inc. will agree to indemnify each such person and hold him harmless against expenses, judgments, fines and amounts payable under settlement agreements in connection with any threatened, pending or completed action, suit or proceeding to which he has been made a party or in which he became involved by reason of the fact that he is or was World Media and Entertainment