Company: PGEN
Filing Date: 2025-08-19
Form Type: S-3
Source: 0000950103-25-010472
Chunk: 41

Company: PRECIGEN, INC.
Filing Date: 2025-08-19
Form: S-3
Chunk 41
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’s conduct was in good faith and otherwise met the required standards of conduct and belief.

In a proceeding by or in the right of the corporation,
no indemnification shall be made in respect of any matter as to which a director or officer is adjudged to be liable to the corporation,
except for expenses incurred in connection with the proceeding if it is determined that the individual has met the relevant standard of
conduct and belief. In any other proceeding, no indemnification shall be made if the director or officer is adjudged liable to the corporation
on the basis that the individual improperly received a personal benefit. Corporations are given the power to make any other or further
indemnity, including advance of expenses, to any director or officer that may be authorized by the articles of incorporation or any bylaw
made by the shareholders, or any resolution adopted, before or after the event, by the shareholders, except an indemnity against the individual’s
willful misconduct or a knowing violation of criminal law. Unless limited by its articles of incorporation, indemnification against the
reasonable expenses incurred by a director or officer is mandatory who is wholly successful, on the merits or otherwise, in the defense
of any proceeding to which the individual is a party because the individual is or was a director or officer. In addition, the VSCA limits
the personal liability of an officer or director in any proceeding brought by or in the name of the corporation or its shareholders except
if the individual engaged in willful misconduct or a knowing violation of the criminal law or any federal or state securities law, including
without limitation any claim of unlawful insider trading or market manipulation.

We are a Virginia corporation. Our Articles of
Incorporation contain provisions limiting the liability of and indemnifying its directors and officers to the extent not prohibited by
Virginia law.

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Item 16. Exhibits

| Exhibit 
 Number  | Description                                                                      |
| 3.1*    | Amended and Restated Articles of Incorporation.                                  
 (1)                                                                              |
| 3.2*    | Articles of Amendment to the Amended and Restated                                
 Articles of Incorporation, dated December 27, 2024. (2)                          |
| 3.3*    | Articles of Amendment to the Amended and Restated                                
 Articles of Incorporation, dated July 24, 2025. (3)                              |
| 3.4*    | Amended and Restated By