Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 82

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 82
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 of business opportunities. Business opportunities may arise that both we and our                    
 Controlling Shareholder find attractive, and which would complement our respective businesses.      
 Although we entered into a master transaction agreement under which our Controlling Shareholder     
 agrees not to pursue investment opportunities without first presenting them to us, our Controlling  
 Shareholder may discourage, delay, or prevent a profitable investment opportunity before            
 our board of directors or shareholders and subsequently decide to pursue investment opportunities   
 or take business opportunities for itself, which would prevent us from taking advantage of          
 those opportunities. These actions may be taken even if they are opposed by our other shareholders. |

| ● | Developing                                                                                    
 business relationships with our Controlling Shareholder’s competitors. So                     
 long as our Controlling Shareholder remains as our controlling shareholder, we may be limited 
 in our ability to do business with its competitors. This may limit our ability to market      
 our services for the best interests of our company and our other shareholders.                |

As a company incorporated
in the Cayman Islands and a “controlled company” within the meaning of NYSE Listed Company Manual, we are permitted to adopt
certain home country practices in relation to corporate governance matters that differ significantly from corporate governance listing
standards applicable to domestic U.S. companies or rely on exemptions that are available to a “controlled company”;
these practices may afford less protection to shareholders than they would enjoy.

We are an exempted company
incorporated in the Cayman Islands and as a foreign private issuer. NYSE Listed Company Manual permits a foreign private issuer like
us to follow the corporate governance practices of its home country. Certain corporate governance practices in the Cayman Islands, which
is our home country, may differ significantly from corporate governance listing standards applicable to domestic U.S. companies.

The Generation Essentials
Group is a “controlled company” under NYSE Listed Company Manual because the Controlling owns more than 50% of our total
voting power. For so long as The Generation Essentials Group remains a controlled company under that definition, it is permitted to elect
to rely, and may rely, on certain exemptions from applicable corporate governance rules.

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As a foreign private issuer
and a “controlled company”, The Generation Essentials Group is permitted to elect to rely, and may rely, on certain exemptions
from corporate governance rules, including (i) an exemption from the rule that a majority of our board of directors must be
independent directors; (ii) an exemption