Company: AGGI
Filing Date: 2025-10-31
Form Type: 10-12G
Source: 0001683168-25-007875
Chunk: 49

Company: Allied Energy, Inc.
Filing Date: 2025-10-31
Form: 10-12G
Chunk 49
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 does not have a standing compensation committee or a committee performing similar functions, since the Board of
Directors has determined not to compensate the officer and director until such time that the Company completes a reverse merger or business
combination.

ITEM
7. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.

Our Company does not have any formal written policies or procedures for related party transactions, however in practice, our Board of Directors reviews and approves all related party transactions and other matters pertaining to the integrity of management, including potential conflicts of interest and adherence to standards of business conduct. Wedo not have any independent directors on our Board of Directors.

Based on
all the relevant facts and circumstances, our Board of Directors will decide whether the related party transaction is appropriate and
will approve only those transactions that are in the best interests of the Company.

Set forth
below are certain transactions and relationships between us and our directors, executive officers and Shareholders that have occurred
during the last three years.

As of December
31, 2024 and 2023, Chiching Hung, a director and shareholder of the Company, was owed $30,500 and $23,000, respectively, for payments
of legal, accounting and OTC Market fees on behalf of the Company. These advances are non-interest bearing, due on demand, and
have no specified repayment schedule.

As of December
31, 2024 and 2023, shareholders of BILI Inc. (“BILI”) were owed $360,640 and nil, respectively, for advances to cover operating
expenses. The balance also included $6,948 received as a subscription for future issuance of shares. These amounts are non-interest bearing,
due on demand, and have no specified repayment schedule.

As of December 31, 2024 and 2023, shareholders of BILI Inc. (“BILI”) paid operating expenses of $16,289 and $58,314, respectively,
on behalf of the Company. These amounts are unsecured, non-interest bearing, due on demand, and were repaid in the subsequent period.

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Employment Agreements

Adrian Capobianco
executed an employment agreement with BILI, Inc. with a start date of January 1, 2022. Mr. Capobianco was hired as BILI’s chief
executive officer, receiving an annual salary of CAD$200,000 ($144,380) starting on November 1, 202