Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 54

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 54
---
, including cross-border transfers of personal data
out of the EEA and the UK. In relation to such cross border transfers of personal data, we expect the existing legal complexity
and uncertainty regarding international personal data transfers to continue. As the regulatory guidance and enforcement landscape in
relation to data transfers continue to develop, we could suffer additional costs, complaints and/or regulatory investigations or fines;
we may have to stop using certain tools and vendors and make other operational changes; we may have to implement alternative data transfer
mechanisms under the GDPR and/or take additional compliance and operational measures; and/or it could otherwise affect the manner in
which we provide our services, and could adversely affect our business, operations and financial condition.

In addition, various laws
and regulations of the jurisdictions in which we operate our business, govern the manner in which we market our products, including with
respect to subscriptions, billing, automatic renewals and cancellation. These laws and regulations differ across jurisdictions and continue
to evolve. These laws, as well as any changes in these laws or how they are interpreted, could adversely affect our ability to attract
and retain customers.

<div align='center'>25</div>

There has been increased
focus on and regulatory scrutiny related to laws and regulations governing privacy, data protection, customer marketing and subscriptions
practices. These laws continue to evolve and are subject to potentially differing interpretations. Various legislative and regulatory
bodies of the jurisdictions in which we operate our business, may expand such current laws or enact new laws in these areas. Existing
and newly adopted laws and regulations with respect to the processing, privacy and security of personal data, and customer marketing
practices or new interpretations of existing laws and regulations, have imposed and may continue to impose obligations that affect our
business, place increasing demands on our technical infrastructure and resources, require us to incur increased compliance costs and
cause us to further adjust our advertising, marketing, security or other business practices. As we continue these projects over the next
several years, we may experience disruptions or difficulties that could adversely affect our business.

Any failure, or perceived
failure, by us or the third parties upon which we rely to comply with laws and regulations that govern our business operations and our
policies, could expose us to penalties or civil or criminal liability and result in claims against us by governmental entities, classes
of litigants or others, regulatory inquiries, negative publicity and a loss of confidence in us by our users and advertisers. Each of
these consequences could adversely affect