Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 46

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 46
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 its Subsidiaries have established and
maintained, and maintain, systems of internal controls over financial reporting. Such systems are designed to provide, in all material
respects, reasonable assurance that (i) all transactions are executed in accordance with management’s general or specific authorization,
(ii) all transactions are recorded as necessary to permit preparation of proper and accurate financial statements in accordance with
IFRS and to maintain accountability for the Company’s and its Subsidiaries’ assets and (iii) access to assets is permitted
only in accordance with management’s general or specific authorization, (iv) the recorded accountability for assets is compared
with the existing assets at reasonable intervals and appropriate action is taken with respect to any material differences, and (v) material
information is communicated to management as appropriate. Other than as set forth on Section 5.07(c) of the Company Disclosure
Schedule none of the Company, its Subsidiaries, or, to the knowledge of the Company, an independent auditor of the Company or its Subsidiaries,
has identified or been made aware of (i) any significant deficiency or material weakness in the system of internal accounting controls
utilized or maintained by the Company or its Subsidiaries, (ii) any fraud, whether or not material, that involves the Company’s
or its Subsidiaries’ management or other employees who have a significant role in the preparation of financial statements or the
internal accounting controls utilized or maintained by the Company or its Subsidiaries, or (iii) any claim or allegation regarding
any of the foregoing.

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(d) Neither
the Company nor any of its Subsidiaries is a party to, or is subject to any commitment to become a party to, any joint venture, off-balance
sheet partnership or any similar Contract (including any Contract or arrangement relating to any transaction or relationship between or
among the Company and any of its Subsidiaries, on the one hand, and any unconsolidated Affiliate, on the other hand), including any structured
finance, special purpose or limited purpose entity or Person, or any “off-balance sheet arrangements” (as defined in Item
303(a) of Regulation S-K under the Securities Act), in each case, where the result, purpose or effect of such Contract is to avoid
disclosure of any material transaction involving, or material liabilities of, the Company or any of its Subsidiaries in the Financial
Statements.