Generation Essentials Group (TGE) AI Dilution Summary

Cash was $9,989,000 at the 2026-06-30 balance-sheet date. After that date, $4,996,000 of deferred cash consideration for the Dao by Dorsett Hornsey, London acquisition was due on 2026-07-17. Dilution here is driven primarily by the 11,120,000 Sponsor Warrants.