Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 120

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 120
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The hospitality industry is
subject to fluctuations in revenues due to seasonality. The periods during which our properties experience higher revenues vary from property
to property, depending principally upon their location, type of property and competitive mix within the specific location. Generally,
the third quarter, in which the summer holidays fall, accounts for a higher percentage of our annual revenues in the hotel operation,
hospitality and VIP services segment than the other quarters of the year. In addition, certain special events, such as large-scale exhibition,
concerts or sports events, may increase the demand for our hotels significantly as such special events may attract travelers into and
within the regions where we operate hotels. We do not observe any material seasonality with respect to the other business segments.

Intellectual Property

We own or have the right to
use to valuable intellectual property which include:

| ● | trademarks,                                                                    
 including our magazines’ key brands and trade names, such as “L’Officiel”, “,” 
 “,” “L’Officiel Hommes,” “L’Officiel Art,” “L’Officiel                         
 Voyage,” “L’Officiel Art,” “L’Officiel Watches,” “,”                           
 “La Revue des Montres,” “The Art Newspaper,” “.”                               |

| ● | copyrights in certain printed and digital publication materials (current and archived), images, photographs,      
 videos, media clips, written materials, articles and commentary in the L’Officiel and The Art Newspaper magazines 
 and stored in the digital libraries.                                                                              |

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| ● | domain names; and |

| ● | licenses of intellectual property rights, including rights to many of the photos appearing in our print              
 and digital publications, third-party content appearing in the L’Officiel and The Art Newspaper magazines and stored 
 in the digital libraries.                                                                                            |

Our intellectual property
assets are, collectively, among our most valuable assets and are critical to our continued success and our competitive position. To protect
our intellectual property assets, we rely on a combination of intellectual property rights, such as trademarks, copyrights and trade secrets
(including know-how), in addition to internal policies, employee and third-party nondisclosure agreements, intellectual property licenses
and other contractual rights. Specifically, we enter into confidentiality and non-disclosure agreements with our employees to protect
our proprietary rights. The foregoing notwithstanding, there can be no assurance that our efforts will be successful. Even if our efforts
are successful, we may incur significant costs in defending our