Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 306

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 306
---
 18                          |     | Presentation and Disclosure in Financial Statements(4)                                   |

| (1) | Effective for annual periods beginning on or after a date     
 to be determined                                              |
| (2) | Effective for annual periods beginning on or after January 1, 
 2025                                                          |
| (3) | Effective for annual periods beginning on or after January 1, 
 2026                                                          |
| (4) | Effective for annual periods beginning on or after January 1, 
 2027                                                          |

Except for the new and amendments to IFRS mentioned below,
the directors of the Company anticipate that the application of the new and amendments to IFRSs will have no material impact on the consolidated
financial statements in the foreseeable future.

IFRS 18 “Presentation and Disclosure in Financial Statements”

IFRS 18 “Presentation and Disclosure in Financial Statements”,
which sets out requirements on presentation and disclosures in financial statements, will replace IAS 1 “Presentation of Financial
Statements”. This new IFRS Accounting Standard, while carrying forward many of the requirements in IAS 1, introduces new requirements
to present specified categories and defined subtotals in the statement of profit or loss; provide disclosures on management-defined performance
measures in the notes to the financial statements and improve aggregation and disaggregation of information to be disclosed in the financial
statements. In addition, some IAS 1 paragraphs have been moved to IAS 8 and IFRS 7. Minor amendments to IAS 7 “Statement of Cash
Flows” and IAS 33 “Earnings per Share” are also made. IFRS 18, and amendments to other standards, will be effective
for annual periods beginning on or after 1 January 2027, with early application permitted. The application of the new standard is
expected to affect the presentation of the statement of profit or loss and disclosures in the future financial statements. The Group is
in the process of assessing the detailed impact of IFRS 18 on the Group’s consolidated financial statements.

| 2.3 | MATERIAL ACCOUNTING POLICIES |

The consolidated financial statements incorporate the financial
statements of the Company and entities controlled by the Company and its subsidiaries. Control is achieved when the Company:

| ● | has power over the investee; |

| ● | is exposed, or has rights, to variable returns from its involvement 
 with the investee; and                                              |

| ● | has the ability to use its power to affect