Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 371

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 371
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2024 as follows: (aa)Reflects the exclusion of income earned on investments held in Trust Account which will not be incurred after the Transactions under the three scenarios. (bb) Represents the transaction costs of The Transactions charged to profit or loss. (cc)Represents US$35.9million, US$37.1million and US$39.2million of expense recognized assuming no redemptions, 50% of the Maximum Redemption and Maximum Redemption, respectively, in accordance with IFRS2, for the difference between the fair value of equity instruments issued of US$191.2million, US$114.8million and US$43.2million, respectively, and the fair value of Black Spade II’s identifiable assets of US$155.3million, US$77.7million and US$4.0million, respectively. These costs are a non -recurringitem. The Transactions adjustments included in the unaudited pro forma condensed combined statement of financial position as of December 31, 2024, are as follows: (c)Reflects the reclassification of US$155.3 million of investments held in the Trust Account that becomes available following the Transactions in the case of no redemptions, 50% of the maximum redemptions, or maximum redemptions. (d)Represents pro forma adjustments to cash and bank balances to reflect in the case of no redemptions the following:

|                                                           |     | US$’000 |   |
| Reclassification of Investments held in the Trust Account |     | 155,345 |   |
| Transaction bonus paid to Black Spade II                  |     |  (5,560 | ) |
|                                                           |     | 149,785 |   |

Represents pro forma adjustments to cash and bank balances to reflect in the case of 50% of the maximum redemptions the following:

|                                                                 |     | US$’000 |   |
| Reclassification of Investments held in the Trust Account       |     | 155,345 |   |
| The payment to redeem Public Shares held by Public Shareholders |     | (77,672 | ) |
| Transaction bonus paid to Black Spade II                        |     |  (5,560 | ) |
|                                                                 |     |  72,113 |   |

Represents pro forma adjustments to cash and bank balances to reflect in the case of maximum redemptions the following:

|                                                                 |     |  US$’