PR Newswire·Nov 9, 2026, 4:05 PM ET

The Generation Essentials Group to Hold Extraordinary General Meeting on December 7, 2026

The Generation Essentials Group (TGE) will hold an extraordinary general meeting on December 7, 2026, at 9:00 a.m. Eastern Standard Time.
The meeting will be hybrid, held physically at 66 Rue Jean-Jacques Rousseau in Paris, France, with virtual participation available via the internet.
Shareholders will vote on a proposal to consolidate shares at a ratio of 15-to-1 for Class A ordinary shares, Class B ordinary shares, non-voting redeemable preferred shares, resulting in a new par value of approximately US$0.000000397.
The consolidation aims to help the company regain compliance with the New York Stock Exchange's minimum average closing share price listing standard.
The board of directors may authorize the capitalization of reserves to settle fractional share entitlements arising from the consolidation.
The record date for determining shareholder eligibility to attend or vote at the meeting is November 9, 2026.
TGE is a media \& entertainment portfolio founded by AMTD Group, AMTD IDEA Group, and AMTD Digital Inc., including assets such as L'Officiel \& The Art Newspaper.
The company operates as a SPAC sponsor manager, having successfully priced its first SPAC on December 18, 2025.