Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 78

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 78
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     |   |     |                   |     |   |
| Earnout Shares(3)                                              |     |                   |     |   |     |                   |     |   |     |                   |     |   |
| TGE Incentive Award Plan(4)                                    |     |                   |     |   |     |                   |     |   |     |                   |     |   |
| Total Additional Dilution Sources(5)                           |     |                   |     |   |     |                   |     |   |     |                   |     |   |
| Total Shares Outstanding Excluding Additional Dilution Sources |     |                   |     | — |     |                   |     | — |     |                   |     | — |
| Total Shares Outstanding Including Additional Dilution Sources |     |                   |     | — |     |                   |     | — |     |                   |     | — |

____________ Notes: (6)Assumes that Black Spade II Public Shareholders holding the outstanding BSII Class A Ordinary Shares will not exercise their redemption rights with respect to the outstanding 15,300,000 BSII Class A Ordinary Shares under the assumed no redemptions scenario, assumes that Black Spade II Public Shareholders will exercise their redemption rights to redeem 7,650,000 of the 15,300,000 outstanding BSII Class A Ordinary Shares under the assumed 50% redemptions scenario and assumes that Black Spade II Public Shareholders will exercise their redemption rights to redeem 14,809,714 outstanding BSII Class A Ordinary Shares under the assumed maximum redemptions scenario. Actual BSII Class A Ordinary Shares redeemed in connection with the Business Combination may vary from the amounts presented above, accordingly the ownership percentages set forth above will also vary. (7)The calculation of the percentage of shares with respect to each Additional Dilution Source includes the full amount of shares issuable with respect to such Additional Dilution Source (but not the other Additional Dilution Sources) in both the numerator and denominator. For example, in the No Redemptions Scenario, the percentage of potential dilution to the Black Spade II Public Shareholders that would result from the issuance of the TGE Class A Ordinary Shares upon the exercise of TGE Warrants expected to be outstanding following the completion of the Business Combination is calculated as follows: (a)TGE Class A Ordinary Shares; divided by (b) the sum of (i)TGE Class A Ordinary Shares outstanding upon completion of the Business Combination under