Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 176

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 176
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 the 2025 Share Incentive Plan has a term of 10 years. The
Committee has the authority to terminate, amend or modify the plan.

Awards Granted

No awards were granted under the 2025 Share Incentive
Plan as of the date of this prospectus.

<div align='center'>109

PRINCIPAL
SHAREHOLDERS</div>

The following table sets
forth information regarding the beneficial ownership of our Ordinary Shares as of the date of this prospectus:

| ● | each                                                                 
 person who beneficially owns 5.0% or more of the outstanding Shares; |

| ● | each                                                
 person who is an executive officer or director; and |

| ● | all                                          
 executive officers and directors as a group. |

Beneficial ownership is determined
in accordance with the rules of the SEC and includes voting or investment power with respect to, or the power to receive the economic
benefit of ownership of, the securities. In computing the number of shares beneficially owned by a person and the percentage ownership
of that person, shares that the person has the right to acquire within 60 days are included, including through the exercise of Warrants
or any option or other right or the conversion of any other security. However, these shares are not included in the computation of the
percentage ownership of any other person.

The total number of Shares
issued and outstanding as of the date of this prospectus is 54,804,126 (comprising 29,175,159 Class A Ordinary Shares, 19,285,911 Class
B Ordinary Shares and 6,343,056 Preferred Shares). As of the date of this prospectus, 16,220,000 Warrants exercisable into 16,220,000
Class A Ordinary Shares are outstanding.

|                                      |     | Ordinary Shares Beneficially 
 Owned                        |            |     |          |            |     |           |           |     |          |      |     |        |      |
|                                      |     | Class A                      
 ordinary                     
 shares                       |            |     | Class B  
 ordinary 
 shares   |            |     | Preferred 
 shares    |           |     | % of     
 total    
 ordinary 
 shares   |      |     | % of   
 voting 
 power  |      |
| Directors and Executive Officers(1): |     |                              |            |     |          |            |     |           |           |     |          |      |     |        |