Core Viewpoint - AMTD Group has successfully registered "The Art Newspaper" in Hong Kong, marking a significant step in its global intellectual property protection efforts and the launch of its inaugural Hong Kong edition during Art Basel Hong Kong 2026 [1][5]. Group 1: Acquisition and Registration - AMTD Group acquired The Art Newspaper in 2023, leading to the expiration of the previous License Agreement with Modern Media Company Limited for China and Hong Kong SAR on October 1, 2023 [2]. - Since October 2023, there has been no monthly edition of The Art Newspaper distributed in China or Hong Kong until the acquisition and official government approval [3]. Group 2: Launch and Editions - The inaugural Hong Kong edition of The Art Newspaper was launched in March and April 2026, coinciding with Art Basel Hong Kong 2026, enhancing its presence in Asia [5]. - AMTD plans to launch The Art Newspaper China in October 2026, with both the China and Hong Kong editions produced under a direct owner-model without franchisee involvement [4]. Group 3: Industry Position - The Art Newspaper serves as the designated publication for major art exhibitions and fairs globally, having been the media partner of Art Basel for 22 years, which underscores its authoritative role in international art coverage [6].

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].