Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 187

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 187
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 of the United States or any state thereof or the District of Columbia,             |

| ● | an                                                                                  
 estate whose income is subject to U.S. federal income tax regardless of its source, 
 or                                                                                  |

<div align='center'>117</div>

| ● | a                                                                                              
 trust if (1) a U.S. court can exercise primary supervision over the administration             
 of such trust and one or more U.S. persons have the authority to control all substantial       
 decisions of the trust or (2) it has a valid election in place to be treated as a U.S. person. |

Taxation of Dividends
and Other Distributions on Class A Ordinary Shares

As stated under “Dividend
Policy”, we do not intend to pay any dividends or pay distributions in the near future. If we do make a distribution of cash or
other property to a U.S. Holder of the Class A Ordinary Shares, however, subject to the PFIC rules discussed below, such distributions
will generally be treated as a dividend for U.S. federal income tax purposes to the extent the distribution is paid out of our current
or accumulated earnings and profits (as determined under U.S. federal income tax principles). Such dividends will be taxable to
a corporate U.S. Holder at regular rates and will not be eligible for the dividends-received deduction generally allowed to domestic
corporations in respect of dividends received from other domestic corporations.

Distributions in excess of
such earnings and profits will generally be applied against and reduce the U.S. Holder’s basis in its Class A Ordinary
Shares (but not below zero) and, to the extent in excess of such basis, will be treated as gain from the sale or exchange of such Class A
Ordinary Shares. Because we does not expect to determine its earnings and profits on the basis of U.S. federal income tax principles,
it is expected that any distribution paid by us will generally be reported as a dividend.

With respect to non-corporate
U.S. Holders, dividends will generally be taxed at preferential long-term capital gains rates only if Class A Ordinary Shares
are readily tradable on an established securities market in the United States, provided that we are not a PFIC (or treated as a
PFIC with respect to a particular U.S. Holder) in the taxable year in which the dividend was paid or the preceding taxable year
and certain holding period and other requirements are met. U.S. Holders should consult their tax advisors regarding the availability