Company Overview - The Generation Essentials Group (TGE) is a diversified portfolio focused on global strategies in multi-media, entertainment, cultural affairs, hospitality, and VIP services [4] - TGE was jointly established by AMTD Group, AMTD IDEA Group, and AMTD Digital Inc. and is headquartered in France [4] Share Capital Structure - TGE's issued share capital includes 44,175,159 Class A ordinary shares (one vote each), 4,285,911 Class B ordinary shares (twenty votes each), and 6,343,056 non-voting redeemable preferred shares [1] - The total number of voting rights attributable to Class A Ordinary Shares is 44,175,159 [2] Voting Rights and Disclosure - Shareholders must use the total voting rights figure (44,175,159) to determine if they need to notify changes in their interest in Class A Ordinary Shares under FCA's Disclosure Guidance and Transparency Rules [3] - Any person holding 5% or more of the voting rights must notify both the Company and the Financial Conduct Authority without delay [3]

Core Viewpoint - The Generation Essentials Group (TGE) has authorized a share repurchase program to buy back up to US$5 million of its ordinary shares until January 31, 2026, aiming to enhance long-term share price stability and intrinsic value focus [1][4]. Group 1: Share Repurchase Program - The share repurchase may be executed through various methods including open market purchases, privately negotiated transactions, and block trades, depending on market conditions [2]. - The timing and amount of repurchases will comply with SEC rules, and a special task force will periodically review and adjust the program as necessary [3]. Group 2: Financial Position - As of June 30, 2025, TGE's net asset value per share is US$17.3, and total asset value per share is US$25.7, indicating that the Class A ordinary shares are perceived as undervalued [4]. - There is significant short interest in TGE's Class A ordinary shares, which the company aims to address through the buyback program [4]. Group 3: Company Overview - TGE, established by AMTD Group, AMTD IDEA Group, and AMTD Digital Inc., focuses on global strategies in multimedia, entertainment, and hospitality, with a diversified portfolio including L'Officiel and The Art Newspaper [5].