Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 649

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 649
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. 15.Any conversion of Class B Ordinary Shares into Class A Ordinary Shares pursuant to these Articles shall be effected in any manner available under applicable law, including by means of the re -designationand re -classificationof each relevant Class B Ordinary Share as a Class A Ordinary Share. Such conversion shall become effective forthwith upon entries being made in the Register to record the re -designationand re -classificationof the relevant Class B Ordinary Shares as Class A Ordinary Shares. 16.Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances. 17.Save and except for voting rights and conversion rights as set out in Articles 12 to 16 (inclusive), the Class A Ordinary Shares and the Class B Ordinary Shares shall rank pari passu with one another and shall have the same rights, preferences, privileges and restrictions. NON -VOTING PREFERRED SHARES 17A.Holders of Non -VotingPreferred Shares shall: (a)only on any transaction that may result in a Change of Control, be entitled to cast one (1) vote per Non -VotingPreferred Share and shall vote at a separate general meeting of the holders of the Non -VotingPreferred Shares at which meeting the necessary quorum shall be one or more Persons holding or representing by proxy at least one -third(1/3) of the issued Non -VotingPreferred Shares or by a written resolution signed by all holders of Non -VotingPreferred Shares (or of the sole holder, in the event that there is only one holder thereof), and no transaction that may result in a Change of Control may proceed unless and until so approved with the sanction of an Ordinary Resolution passed by the holders of the Non -Voting Preferred Shares or by written resolutions of the holders of the non -Voting Preferred Shares passed in accordance with the above. Save for the above and except as provided the Memorandum of Association or other provisions of these Articles, each Non -Voting Preferred Share shall not be entitled to vote on any other matters subject to a vote at general meetings of the Company; (b)not be entitled to any dividends for a period of twelve (12) months following the date of effectiveness of these Articles; (c)in the event of a liquidation, winding -upor dissolution of the Company, be entitled, prior and in preference to holders of the Voting Ordinary Shares, to the distribution of the assets of the Company available for distribution in the amount of the Preferred Shares Liquidation Preference (ratably based on the Non -V