Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 370

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 370
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 shareholders will receive less or different information about World Media and Entertainment Universal Inc. than a shareholder of a U.S. domestic public company would receive. World Media and Entertainment Universal Inc. is a non -U.S. company with foreign private issuer status, and, after the consummation of the Business Combination, will be listed on . listing rules permit a foreign private issuer like World Media and Entertainment Universal Inc. to follow the corporate governance practices of its home country. Certain corporate governance practices in the Cayman Islands, which is World Media and Entertainment Universal Inc. home country, may differ significantly from corporate governance listing standards. Among other things, World Media and Entertainment Universal Inc. is not required to have: •a majority of the board of directors consist of independent directors; •a compensation committee consisting of independent directors; •a nominating committee consisting of independent directors; or •regularly scheduled executive sessions with only independent directors each year. Although not required and as may be changed from time to time, World Media and Entertainment Universal Inc. intends to have, as of the consummation of the Business Combination, a majority -independentcompensation committee and nominating and corporate governance committee. Subject to the foregoing, World Media and 243 Entertainment Universal Inc. intends to rely on the exemptions listed above. As a result, you may not be provided with the benefits of certain corporate governance requirements ofapplicable to U.S. domestic public companies. [Code of Business Conduct and Ethics World Media and Entertainment Universal Inc. has adopted a Code of Business Conduct and Ethics applicable to its directors, officers and employees. World Media and Entertainment Universal Inc. seeks to conduct business ethically, honestly, and in compliance with applicable laws and regulations. World Media and Entertainment Universal Inc. Code of Business Conduct and Ethics sets out the principles designed to guide World Media and Entertainment Universal Inc. business practices — compliance, integrity, respect and dedication. The code applies to all directors, officers, employees and extended workforce, including Chairperson and Chief Executive Officer and Chief Financial Officer. Relevant sections of the code also apply to members of the World Media and Entertainment Universal Inc. board of directors. World Media and Entertainment Universal Inc. expects its suppliers, contractors, consultants, and other business partners to follow the principles set forth in its code when providing goods and services to World Media and Entertainment Universal Inc. or acting on World Media and Entertainment Universal Inc. behalf.] Compensation of Directors and Executive Officers For the year ended December 31, 2023, World Media and Entertainment Universal Inc. paid an