Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 349

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 3
Chunk 349
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-K is beyond our limited financial resources and the financial skills of such an expert are simply not required or necessary
for us to maintain effective internal controls and procedures for financial reporting in light of the limited scope and simplicity of
accounting issues raised in our financial statements at this stage of our development.

We
have not formed a Compensation Committee or Nominating and Corporate Governance Committee as of the filing of this Annual Report.

Certain
Legal Proceedings

None
of our officers or directors has filed a personal bankruptcy petition, had a bankruptcy petition filed against any business of which
they were a general partner or officer at the time of bankruptcy or within two years prior to that time, or has been convicted of or
been the subject of any criminal proceedings or the subject of any order, judgment or decree involving the violation of any state or
federal securities laws within the past ten (10) years.

Compliance
with Section 16(a) Of the Exchange Act

We
have filed a Form 8-A registration statement under Section 12 of the Securities Exchange Act of 1934, as amended. Section 16(a) of that
act requires our executive officers and directors, and persons who beneficially own more than 10% of a registered class of our equity
securities to file with the Securities and Exchange Commission initial statements of beneficial ownership, reports of changes in ownership
and annual reports concerning their ownership of our common shares and other equity securities, on Forms 3, 4 and 5 respectively. Executive
officers, directors and greater than 10% shareholders are required by the Securities and Exchange Commission regulations to furnish us
with copies of all Section 16(a) reports they file.

Potential
Conflicts of Interest

Since
we do not have an audit or compensation committee comprised of independent directors, the functions that would have been performed by
such committees are performed by our directors. Thus, there is a potential conflict of interest in that our directors and officers have
the authority to determine issues concerning management compensation and audit issues that may affect management decisions. We are not
aware of any other conflicts of interest with any of our executives or directors.

Code
of Ethics

We
intend to adopt a code of ethics that applies to our officers, directors and employees, including our principal executive officer and
principal accounting officer, but have not done so to date due to our relatively small size. We intend to adopt a written code of ethics
in the near future.

46

ITEM
11.  EXEC