Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 400

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 400
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 -VotingPreferred Shares shall only on any transaction that may result in a Change of Control (as defined in the Amended TGE Articles), be entitled to cast one (1) vote per Non -VotingPreferred Share and shall vote at a separate general meeting of the holders of the Non -VotingPreferred Shares. Save for the above and except as provided in the Amended TGE Articles, each Non -VotingPreferred Share shall not be entitled to vote on any other matters subject to a vote at general meetings of TGE. Optional and Mandatory Conversion Each TGE Class B Ordinary Share will be convertible into one TGE Class A Ordinary Share at any time at the option of the holder thereof. TGE Class A Ordinary Shares will not be convertible into TGE Class B Ordinary Shares under any circumstances. Upon any transfer of TGE Class B Ordinary Shares by a holder thereof to any person other than an Exempt Person (as defined in in the Amended TGE Articles), each such TGE Class B Ordinary Share will automatically and immediately convert into one TGE Class A Ordinary Share. Holders of Non -VotingPreferred Shares are not entitled to any conversion rights under the Amended TGE Articles. Transfer of Shares Subject to applicable laws, including securities laws, and the restrictions contained in the Amended TGE Articles and to any lock -upagreements to which an TGE shareholder may be a party, any TGE shareholders may transfer all or any of their TGE Class A Ordinary Shares, TGE Class B Ordinary Shares or Non -VotingPreferred Shares by an instrument of transfer in the usual or common form or any other form approved by the board of directors of TGE. TGE Class B Ordinary Shares may be transferred only to Dr. Calvin Choi and any other person designated by Dr. Calvin Choi and any TGE Class B Ordinary Shares transferred otherwise will be converted into TGE Class A Ordinary Shares as described above. See “— Optional and Mandatory Conversion.” The board of directors of TGE may decline to register any transfer of any share unless: •the instrument of transfer is lodged with TGE accompanied by the certificate for the shares to which it relates (if any) and such other evidence as the board of directors of TGE may reasonably require to show the right of the transferor to make the transfer; •the instrument of transfer is in respect of only one class or series of shares; •the instrument of transfer is properly stamped, if required; 257 •in the case of a transfer to joint holders,