Company: AGGI
Filing Date: 2025-10-31
Form Type: 10-12G
Source: 0001683168-25-007875
Chunk: 54

Company: Allied Energy, Inc.
Filing Date: 2025-10-31
Form: 10-12G
Chunk 54
---
 is convertible at a ratio of 1:150; |

| (v) | Series B Preferred Stock votes at a ratio of 1:150; and, |

| (vi) | Series B Preferred Stock is Non-Redeemable and Non-Callable. |

ITEM 12. INDEMNIFICATION OF DIRECTORS AND OFFICERS.

Our Bylaws both provide for the indemnification
of our officers and directors to the fullest extent permitted by the Florida Business Corporation Act (the “FBCA”). The Company
must indemnify to the maximum extent permitted by Florida law its officers and directors who is wholly successful, on the merits or otherwise,
in the defense of any civil, criminal, administrative or investigative proceeding except an action by or in the right of the Company,
including attorneys’ fees, judgments, fines and amounts paid in settlement provide he or she acted in good faith and in a manner
that he or she reasonably believed to be in, and not opposed to, the Company’s best interests. No indemnification is required if
it is proven that the officer or director breached his or her fiduciary duties and that breach involved intentional misconduct, fraud,
or a knowing violation of law. Additionally, the Company may indemnify officers and directors who are party or are threatened to be made
a party to any action or lawsuit by or in the right of the Company to the maximum extent permitted by the FBCA, including attorneys’
fees, unless it is proven his or her act, or failure to act, was a breach of fiduciary duty involving intentional misconduct, fraud, or
a knowing violation of law rendering him or her liable. The Company may advance the costs of defense to persons involved in legal proceedings
at the discretion of the Board of Directors upon receipt of an undertaking by or on behalf of such person to repay such amount unless
it is determined that he or she is entitled to indemnification by the Company the FBCA.

| 34 |

ITEM
13. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

The financial statements required to be included in this registration statement appear immediately following the signature page to this registration statement beginning on page F-1.

ITEM
14. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.

There are
not and have not been any disagreements between the Company and its independent accountants on any matter of accounting principles, practices
or financial statement disclosure.

ITEM
15. FIN