Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 295

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 295
---
 | ) |     |         |      (9 | ) |
| Exchange realignment                  |     |          |  (1 | ) |     |         |    (106 | ) |     |         |    (107 | ) |
| As of December 31, 2023               |     |          | 499 |   |     |         | 118,179 |   |     |         | 118,678 |   |
| Amortization for the year             |     |          |   — |   |     |         |      (9 | ) |     |         |      (9 | ) |
| Exchange realignment                  |     |          |   3 |   |     |         |     709 |   |     |         |     712 |   |
| As of December 31, 2024               |     |          | 502 |   |     |         | 118,879 |   |     |         | 119,381 |   |

The above carrying amounts of brand
names of approximately US$92,379,000, US$118,025,000 and US$118,733,000 and archived images of approximately US$500,000, US$499,000 and
US$502,000, respectively, as of December 31, 2022, 2023 and 2024 are considered by the directors of the Company as having an indefinite
useful life because it is expected to contribute to net cash inflows indefinitely. The brand names and archived images will not be amortized
until its useful life is determined to be finite. Instead they will be tested for impairment annually and whenever there is an indication
that it may be impaired.

The remaining brand name of approximately
US$163,000, US$154,000 and US$146,000, respectively, as of December 31, 2022, 2023 and 2024 are amortized on a straight-line basis
of 20 years.

As of December 31, 2022, 2023
and 2024, carrying amount of brand name of approximately US$92,379,000, US$92,216,000 and US$92,769,000, respectively, and archived images
of US$500,000, US$499,000 and US$502,000, respectively, are allocated to cash-generating unit of the business unit under “L’Officiel”.
For