Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 396

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 396
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 making changes to our post -offeringmemorandum and articles of association. Holders of Non -VotingPreferred Shares shall only on any transaction that may result in a Change of Control (as defined in the Amended aWME Articles), be entitled to cast one (1) vote per Non -VotingPreferred Share and shall vote at a separate general meeting of the holders of the Non -VotingPreferred Shares. Save for the above and except as provided in the Amended aWME Articles, each Non -VotingPreferred Share shall not be entitled to vote on any other matters subject to a vote at general meetings of aWME. Optional and Mandatory Conversion Each aWME Class B Ordinary Share will be convertible into one aWME Class A Ordinary Share at any time at the option of the holder thereof. aWME Class A Ordinary Shares will not be convertible into aWME Class B Ordinary Shares under any circumstances. Upon any transfer of aWME Class B Ordinary Shares by a holder thereof to any person other than an Exempt Person (as defined in in the Amended aWME Articles), each such aWME Class B Ordinary Share will automatically and immediately convert into one aWME Class A Ordinary Share. Holders of Non -VotingPreferred Shares are not entitled to any conversion rights under the Amended aWME Articles. Transfer of Shares Subject to applicable laws, including securities laws, and the restrictions contained in the Amended aWME Articles and to any lock -upagreements to which an aWME shareholder may be a party, any aWME shareholders may transfer all or any of their aWME Class A Ordinary Shares, aWME Class B Ordinary Shares or Non -VotingPreferred Shares by an instrument of transfer in the usual or common form or any other form approved by the board of directors of aWME. aWME Class B Ordinary Shares may be transferred only to Dr. Calvin Choi and any other person designated by Dr. Calvin Choi and any aWME Class B Ordinary Shares transferred otherwise will be converted into aWME Class A Ordinary Shares as described above. See “— Optional and Mandatory Conversion.” The board of directors of aWME may decline to register any transfer of any share unless: •the instrument of transfer is lodged with aWME accompanied by the certificate for the shares to which it relates (if any) and such other evidence as the board of directors of aWME may reasonably require to show the right of the transferor to make the