Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 170

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 170
---
 consists of Dr. Feridun Hamdullahpur and Joanne Shoveller. Dr. Feridun Hamdullahpur is the chairperson
of the nominating and corporate governance committee. Each of Dr. Feridun Hamdullahpur and Joanne Shoveller satisfies the requirements
for an “independent director” within the meaning of Section 303A of the Corporate Governance Rules of the NYSE.

The nominating and corporate
governance committee assists the board of directors in selecting individuals qualified to become directors of The Generation Essentials
Group and in determining the composition of the board and its committees. The nominating and corporate governance committee is responsible
for, among other things:

| ● | selecting                                                                                 
 and recommending to the board nominees for election by the shareholders or appointment by 
 the board;                                                                                |

| ● | reviewing                                                                                    
 annually with the board the current composition of the board with regards to characteristics 
 such as independence, knowledge, skills, experience and diversity;                           |

| ● | making                                                                                          
 recommendations on the frequency and structure of board meetings and monitoring the functioning 
 of the committees of the board; and                                                             |

| ● | advising                                                                                       
 the board periodically with regards to significant developments in the law and practice of     
 corporate governance as well as compliance with applicable laws and regulations, and making    
 recommendations to the board on all matters of corporate governance and on any remedial action 
 to be taken.                                                                                   |

Duties of Directors

Under Cayman Islands law,
directors owe fiduciary duties to the company, including a duty of loyalty, a duty to act honestly, and a duty to act in what they consider
in good faith to be in the company’s best interests. Directors must also exercise their powers only for a proper purpose, exercise
their powers fairly as between different sections of shareholders and exercise independent judgement. Directors should not improperly
fetter the exercise of future discretion nor put themselves in a position in which there is a conflict between their duty to the company
and their personal interests. Directors also have a duty to act with skill and care. It was previously considered that a director need
not exhibit in the performance of his or her duties a greater degree of skill than may reasonably be expected from a person of his or
her knowledge and experience. However, English and Commonwealth courts have moved towards an objective standard with regard to the required
skill and care and these authorities are likely to be followed in the Cayman Islands. In fulfilling their duty of care to The Generation