Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 213

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 213
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 or his duty to a third party and a duty to exercise
powers for the purpose for which such powers were intended. A director of a Cayman Islands company owes to the company a duty to act with
skill and care. It was previously considered that a director need not exhibit in the performance of his duties a greater degree of skill
than may reasonably be expected from a person of his knowledge and experience. However, English and Commonwealth courts have moved towards
an objective standard with regard to the required skill and care and these authorities are likely to be followed in the Cayman Islands.

Shareholder Action by Written Consent.Under the Delaware General Corporation Law, a corporation may eliminate the right of shareholders to act by written
consent by amendment to its certificate of incorporation. Cayman Islands law permits us to eliminate the right of shareholders to act
by written consent and the Amended Articles provide that a resolution in writing signed by all the shareholders for the time being entitled
to receive notice of and to attend and vote at general meetings of The Generation Essentials Group (or being corporations by their duly
authorised representatives) shall be as valid and effective as if the same had been passed at a general meeting of The Generation Essentials
Group duly convened and held.

Shareholder Proposals.Under
the Delaware General Corporation Law, a shareholder has the right to put any proposal before the annual meeting of shareholders, provided
it complies with the notice provisions in the governing documents. A special meeting may be called by the board of directors or any other
person authorized to do so in the governing documents, but shareholders may be precluded from calling special meetings.

The Cayman Islands Companies
Act does not provide shareholders with any right to requisition a general meeting or to put any proposal before a general meeting. However,
these rights may be provided in a company’s articles of association. The Amended Articles allow our shareholders holding shares
which carry in aggregate not less than one-third of all votes attaching to the issued and outstanding shares of our company entitled to
vote at general meetings to requisition an extraordinary general meeting of our shareholders, in which case our board is obliged to convene
an extraordinary general meeting and to put the resolutions so requisitioned to a vote at such meeting. Other than this right to requisition
a shareholders’ meeting, the Amended Articles do not provide our shareholders with any other right to put proposals before annual
general meetings or extraordinary general meetings. As an exempted Cayman Islands company, we are not obliged by law to call