#None #Corporate Update #Generation Essentials #Media Group

The Generation Essentials Group Update

The Generation Essentials Group (TGE) has officially communicated important information regarding its corporate structure and voting rights to the market. This announcement, made in compliance with regulations, reveals significant details about TGE's share capital, which comprises a variety of classes of shares including Class A and Class B ordinary shares, as well as redeemable preferred shares.

Breakdown of Share Capital

The company’s issued share capital is structured as follows:

• - Class A Ordinary Shares: 44,175,159 shares, each carrying one voting right.
• - Class B Ordinary Shares: 4,285,911 shares, each with twenty votes.
• - Preferred Shares: 6,343,056 non-voting redeemable preferred shares.

In total, the voting rights attributed to Class A Ordinary Shares stand at 44,175,159, a figure of utmost importance for shareholders in evaluating their interest in the company. TGE does not hold any of its shares in treasury, further clarifying its capital structure.

Additionally, there are currently 16,220,000 warrants outstanding which can be exercised into an equal number of Class A Ordinary Shares. These warrants are actively traded on the NYSE American under the ticker symbol “TGE.WS.” This diverse portfolio allows for active engagement and participation in TGE’s ongoing development and future endeavors.

Regulatory Compliance

TGE has emphasized that any shareholder with a stake of 5% or more in the voting rights of Class A Ordinary Shares must report their interest, as stipulated by the Financial Conduct Authority (FCA). The key thresholds for reporting changes to voting rights at 5%, 10%, 15%, 20%, 25%, 30%, 50%, or 75% ensure compliance with the regulations set forth in the Disclosure Guidance and Transparency Rules (DTRs).

Shareholders must notify both TGE and the FCA promptly should their holdings reach these crucial thresholds, underscoring the company's commitment to transparency and regulatory adherence.

About The Generation Essentials Group

Founded by AMTD Group, AMTD IDEA Group, and AMTD Digital Inc., TGE operates from multiple key locations including Paris, New York, and London. TGE is dedicated to driving forward innovative strategies across the global stage, particularly in multimedia, entertainment, and cultural affairs. Its diverse portfolio also includes renowned platforms such as L'Officiel and The Art Newspaper, showcasing TGE's vast influence in the media landscape.

Moreover, TGE is not just a media conglomerate; it also serves as a sponsor manager in the Special Purpose Acquisition Company (SPAC) sector, focusing particularly on global media and entertainment investments. This positions TGE to not only manage but also efficiently allocate resources toward enhancing its entertainment offerings and expanding its market reach.

Safe Harbor Statement

TGE's announcement includes forward-looking statements that reflect the company’s expectations and plans, as defined under the U.S. Private Securities Litigation Reform Act. These statements involve known and unknown risks and uncertainties that could materially impact future outcomes. Investors and stakeholders are encouraged to observe TGE's official filings with the SEC for further information.

With a strategic vision and robust framework in place, TGE is poised to continue its growth trajectory, making significant contributions to the realms of media and entertainment while adhering to the highest standards of corporate governance and transparency.