Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 173

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 173
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 from time to time, we currently have a majority-independent compensation committee and nominating and corporate governance
committee. Subject to the foregoing, we rely on the exemptions listed above. As a result, you may not be provided with the benefits of
certain corporate governance requirements applicable to U.S. domestic public companies.

Code of Business Conduct
and Ethics

We have adopted a Code of
Business Conduct and Ethics applicable to our directors, officers and employees. We seek to conduct business ethically, honestly, and
in compliance with applicable laws and regulations. Our Code of Business Conduct and Ethics sets out the principles designed to guide
our business practices — compliance, integrity, respect and dedication. The code applies to all directors, officers,
employees and extended workforce. Relevant sections of the code also apply to members of The Generation Essentials Group board of directors.
We expect our suppliers, contractors, consultants, and other business partners to follow the principles set forth in our code when providing
goods and services to us or acting on our behalf.

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Compensation of Directors
and Executive Officers

For the year ended December 31,
2024, we paid an aggregate of US$0.3 million in cash and benefits to our executive officers as a group and we did not pay any compensation
to our non-executive directors. We have not set aside or accrued any amount to provide pension, retirement or other similar benefits
to our executive officers. Some of our subsidiaries are required by law to make contributions equal to certain percentages of each employee’s
salary for his or her pension insurance, medical insurance, unemployment insurance, work-related injury insurance and maternity insurance
and other statutory benefits, and a housing provident fund.

For information regarding
share awards granted to our directors and executive officers, see the section entitled “— Share Incentive Plan.”

Employment Agreements
and Indemnification Agreements

Each of our executive officers
is party to an employment agreement with us. Under these agreements, the employment of each of executive officers is for a specified
time period, and may be terminated for cause, at any time and without advance notice or compensation, for certain acts of the executive
officer, such as conviction or plea of guilty to a felony or any crime involving moral turpitude, negligent or dishonest acts to our
detriment, or misconduct or a failure to perform agreed duties. In such case of termination, we will provide severance payments to the
relevant executive officer as expressly required by