Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 80

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 80
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 of NYSE Listed Company Manual, we are permitted to adopt
certain home country practices in relation to corporate governance matters that differ significantly from corporate governance listing
standards applicable to domestic U.S. companies or rely on exemptions that are available to a “controlled company”; these
practices may afford less protection to shareholders than they would enjoy.

We are an exempted company
incorporated in the Cayman Islands and as a foreign private issuer. NYSE Listed Company Manual permits a foreign private issuer like us
to follow the corporate governance practices of its home country. Certain corporate governance practices in the Cayman Islands, which
is our home country, may differ significantly from corporate governance listing standards applicable to domestic U.S. companies.

The Generation Essentials
Group is a “controlled company” under NYSE Listed Company Manual because the Controlling owns more than 50% of our total voting
power. For so long as The Generation Essentials Group remains a controlled company under that definition, it is permitted to elect to
rely, and may rely, on certain exemptions from applicable corporate governance rules.

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As a foreign private issuer
and a “controlled company”, The Generation Essentials Group is permitted to elect to rely, and may rely, on certain exemptions
from corporate governance rules, including (i) an exemption from the rule that a majority of our board of directors must be
independent directors; (ii) an exemption from the rule that director nominees must be selected or recommended solely by independent
directors; (iii) an exemption from the rule that the compensation committee must be comprised solely of independent directors and
(iv) an exemption from the requirement that an audit committee be comprised of at least three members under NYSE Listed Company Manual.
We are currently relying on the exemptions under (i) and (iv) and we may rely on additional exemptions available to foreign private issuers
and as a “controlled company.”

As a result, you may not be
provided with the benefits of certain corporate governance requirements of applicable to companies that are subject to these corporate
governance requirements.

You may face difficulties
in protecting your interests, and your ability to protect your rights through U.S. courts may be limited, because we are incorporated
under the laws of the Cayman Islands, and we conduct substantially all of our operations, and a majority of our directors and executive
officers reside, outside of the United States.

We are an exempted company
limited by shares incorporated under the laws of