Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 270

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 270
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 Inc.), an exempted company incorporated with limited liability under
the laws of the Cayman Islands, (“TGE”) and WME Merger Sub Limited, an exempted company incorporated with limited liability
under the laws of the Cayman Islands and a direct wholly-owned subsidiary of TGE (“Merger Sub”), pursuant to which, among
other transactions, on the terms and subject to the conditions set forth therein, Merger Sub will merge with and into the Company (“Merger”),
with the Company surviving the Merger as a wholly-owned subsidiary of TGE.

Pursuant to the Business
Combination Agreement, among other things, prior to the effective time of the Merger (the “Merger Effective Time”), TGE will
re-designate:

| ● | Each                                                                                                                 
 ordinary share of TGE (other than non-voting ordinary shares) that is not held by AMTD Digital Inc. (“AMTD Digital”) 
 into one Class A ordinary share of TGE (“TGE Class A Ordinary Share”);                                               |

| ● | Each                                                                                                                       
 ordinary share of TGE (other than non-voting ordinary shares) that is held by AMTD Digital into one Class B ordinary share 
 of TGE (“TGE Class B Ordinary Share”); and                                                                                 |

| ● | Each                                                                                                 
 non-voting ordinary share of TGE into one non-voting preferred share of TGE (“TGE Preferred Share”). |

Pursuant to the Business
Combination Agreement, immediately after the completion of the re-designation of shares and immediately prior to the Merger Effective
Time, TGE will effect a share consolidation or subdivision such that:

| ● | Each                                                                                                                                   
 TGE Class A Ordinary Share will be consolidated or divided into a number of TGE Class A Ordinary Shares equal to the Adjustment Factor 
 (as defined below);                                                                                                                    |

<div align='center'>F-29</div>

| ● | Each                                                                                                                                    
 TGE Class B Ordinary Share will be consolidated or divided into a number of TGE Class B Ordinary Shares equal to the Adjustment Factor; 
 and                                                                                                                                     |

| ● | Each                                                                                                                                 
 TGE Preferred Share will be consolidated or divided into a number of TGE Preferred Shares equal to the Adjustment Factor (as defined 
 below)                                                                                                                               |

(such actions, collectively,
the “Recapitalization”).

The “Adjustment
Factor” will be the number resulting from dividing the Per Share TGE Equity Value by $10.00. The “Per Share