Company: TGE
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001213900-25-057225
Chunk: 184

Company: Generation Essentials Group
Filing Date: 2025-06-24
Form: F-1
Chunk 184
---
 by the Government of the Cayman Islands
except for stamp duties which may be applicable on instruments executed in, or after execution brought within, the jurisdiction of the
Cayman Islands. The Cayman Islands are a party to a double tax treaty entered into with the United Kingdom in 2010 but otherwise is not
party to any double tax treaties. There are no exchange control regulations or currency restrictions in the Cayman Islands.

Payments of dividends and
capital in respect of Ordinary Shares will not be subject to taxation in the Cayman Islands and no withholding will be required on the
payment of a dividend or capital to any holder of Ordinary Shares, nor will gains derived from the disposal of Ordinary Shares be subject
to Cayman Islands income or corporation tax.

Under the laws of the Cayman
Islands, no stamp duty is payable in the Cayman Islands on transfers of shares of Cayman Islands companies except those which hold interests
in land in the Cayman Islands or if the transfer documents are executed in or brought into the Cayman Islands.

U.S. Federal Income Tax Considerations

General

The following is a discussion
of U.S. federal income tax considerations generally applicable to U.S. Holders (as defined below) of the ownership and disposition
Class A Ordinary Shares and Warrants (collectively, the “Securities”). This summary addresses only U.S. Holders that
hold Securities as “capital assets” within the meaning of section 1221 of the Internal Revenue Code of 1986, as amended (the
“Code”) (generally, property held for investment) and assumes that any distributions made (or deemed made) by us on the Securities
and any consideration received (or deemed received) by us on the sale or other taxable disposition of Securities will be in U.S. dollars.
This discussion does not discuss all aspects of U.S. federal income taxation that may be relevant to holders in light of their particular
circumstances or status including:

| ● | our officers or directors; |

| ● | financial institutions or financial services entities; |

| ● | broker-dealers; |

| ● | taxpayers that are subject to the mark-to-market accounting 
 rules;                                                      |

| ● | tax-exempt entities; |

| ● | governments or agencies or instrumentalities thereof; |

| ● | insurance companies; |

| ● | regulated investment companies or real estate investment trusts; |

| ● | expatriates or former long-term residents of the United States; |

<div align='center'>