Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 175

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 175
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 be issued under the
2025 Share Incentive Plan is initially 875,255, being 3% of the total number of Class A Ordinary Shares outstanding as of the Closing
Date.

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The following paragraphs
summarize the principal terms of the 2025 Share Incentive Plan.

Type of Awards.The
2025 Share Incentive Plan permits the awards of options, restricted shares, restricted share units or other equity incentive awards pursuant
to the authorizations of the administrator under the 2025 Share Incentive Plan.

Plan Administration.The
Generation Essentials Group’s board of directors or a committee of one or more members of the board (or such other administrator
to which such committee delegates all of its authority) administers the 2025 Share Incentive Plan. The administrator of 2025 Share Incentive
Plan determines, among other things, the eligibility of individuals to receive awards, the type and number of awards to be granted to
each eligible individual, and the terms and conditions of each award.

Award Agreement.Each
award granted under the 2025 Share Incentive Plan is evidenced by an award agreement.

Eligibility.We
may grant awards to employees, consultants and directors. The general scope of eligible individuals shall be determined by the Committee.

Vesting Schedule.In
general, the administrator determines the vesting schedule, if any, which is specified in the award agreement.

Exercise of Options.The
exercise price per share subject to an option shall be determined by the administrator and set forth in the award agreement which may
be a fixed price or a variable price related to the fair market value of the shares; provided, however, that no option may be granted
to an individual subject to taxation in the United States at less than the fair market value on the date of grant, without compliance
with Section 409A of the Code, or the holder’s consent.

Transfer Restrictions.Awards
may not be transferred in any manner by the holder other than in accordance with the exceptions provided in the 2025 Share Incentive
Plan, such as transfers to us or transfers upon the death of the holder, pursuant to such conditions and procedures as the administrator
may establish.

Termination and Amendment of the 2025 Share Incentive Plan.Unless terminated earlier, the 2025 Share Incentive Plan has a term of 10 years. The
Committee has the authority to terminate, amend or modify the plan.

Awards