Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 503

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 503
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 US$’000 |     | US$’000 |
| Interest-free                                                                        |     |             19,268 |     |  24,322 |     |  63,019 |
| Interest bearing at Hong Kong Inter-bank Offered Rate (“HIBOR”) plus 1.15% per annum |     |             25,648 |     |  21,762 |     |       — |
| Interest bearing at 2 times of HIBOR plus 1.15% per annum                            |     |              7,695 |     |   7,643 |     |       — |
|                                                                                      |     |             52,611 |     |  53,727 |     |  63,019 |

Amounts due to subsidiaries’ non -controllingshareholders are unsecured. During the year ended December 31, 2024, interest bearing balances were settled through the current account of ultimate holding company and the non -controllingshareholder. 27.AMOUNT DUE TO ULTIMATE HOLDING COMPANY Amount due to ultimate holding company is unsecured, interest -freeand not expected to be repayable within 1 year after each of the reporting period. 28.SHARE CAPITAL Share capital as of December 31, 2022 represented the combined share capital of WME Assets Group, WME Direct Investment Limited, L’Officiel Inc SAS, L’Officiel Singapore Pte. Ltd. and L’Officiel Malaysia Sdn. Bhd. Share capital as of December 31, 2023 represented the combined share capital of the Company, WME Assets Group, and AMTD Group (Canada) Inc.

F-67

THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024 28.SHARE CAPITAL (cont.) Share capital of the Company Voting Ordinary shares

|                                                                      |     |   Number of 
      shares |   |     |   Share 
 capital |   |
|                                                                      |     |             |   |     | US$’000 |   |
| Ordinary shares of US$0.0001 each                                    |     |             |   |     |         |   |
| Authorized                                                           |     |             |   |     |         |   |
| As of February 7, 2023 (date of incorporation)