UNITED STATES

SECURITIES AND EXCHANGE COMMISSION



Washington, D.C. 20549



FORM 10-K



|[X]                                                    |  | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|------------------------------------------------------ |  | ------------------------------------------------------------------------------------
|                                                       |  | For the year ended April 30, 2018                                                   
|[   ]                                                  |  | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  
|                                                       |  |                                                                                     
|For the transition period from             
        to

Commission file number: 333-221327



ARAZU INCORPORATED

(Exact name of registrant as specified in its
charter)



|Utah                                                                                  |  | XX-XXXXXX                          
|------------------------------------------------------------------------------------- |  | -----------------------------------
|(State or other jurisdiction ofincorporation or organization)                         |  | (I.R.S. EmployerIdentification No.)
|                                                                                      |  |                                    
|The Office, 23 Barton Road, Market Bosworth
        Warwickshire, England CV13 0LQ UK |  | 84020                              
|(Address of principal executive offices)                                              |  | (Zip Code)                         



01455-290363

(Registrant’s telephone number, including
area code)



Securities registered pursuant to Section 12(b) of
the Act:



|None                |  | N/A                                      
|------------------- |  | -----------------------------------------
|Title of each class |  | Name of each exchange on which registered



Securities registered pursuant to Section 12(b)
of the Act: None



Securities registered pursuant to Section 12(g) of
the Act: None



Indicate by check mark if the registrant is
a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes ☐  No ☒



Indicate by check mark if the registrant is
not required to file reports pursuant to Section 13 or Section 15(d) of the Act.  Yes ☐  No ☒



Indicate by check mark whether the issuer (1) filed
all reports required to be filed by Sections 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months
(or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes ☒  No ☐



Indicate by check mark whether the registrant
has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted
and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter
period that the registrant was required to submit and post such files).  Yes ☒  No ☐




Table of Contents






Indicate by checkmark if disclosure of delinquent
filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained,
to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III
of this Form 10-K or any amendment to this Form 10-K. ☒



Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions
of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2
of the Exchange Act.



|Large accelerated filer ☐ |  | Accelerated filer ☐        
|------------------------- |  | ---------------------------
|Non-accelerated filer  ☐  |  | Smaller reporting company ☒



Indicate by check mark whether the registrant
is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐  Yes    ☒  No



Our common stock has not yet been cleared for
trading by FINRA. Accordingly, the aggregate market value of the common stock of Arazu Incorporated held by non-affiliates as of
October 31, 2017 was not determinable.



As of August 27, 2018, we had 31,209,000 shares
of common stock issued and outstanding.



DOCUMENTS INCORPORATED BY REFERENCE: 
None.







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Table of Contents




|TABLE OF CONTENTS
|-----------------
|PART I           
|ITEM 1.          
|ITEM 1A.         
|ITEM 1B.         
|ITEM 2.          
|ITEM 3.          
|ITEM 4.          
|PART II          
|ITEM 5.          
|ITEM 6.          
|ITEM 7.          
|ITEM 7A.         
|ITEM 8.          
|ITEM 9.          
|ITEM 9A.         
|ITEM 9B.         
|PART III         
|ITEM 10.         
|ITEM 11.         
|ITEM 12.         
|ITEM 13.         
|ITEM 14.         
|PART IV          
|ITEM 15.         
|SIGNATURES       





SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

Please
see the note under “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operation,”
for a description of special factors potentially affecting forward-looking statements included in this report.



3


Table of Contents


PART I

ITEM 1. BUSINESS.



Company History



We were incorporated in
the state of Florida on March 3, 2014, to be a U.S. distributor of products for ExactRep Limited, a company located in the U.K
that designs and creates aftermarket motorcycle add on parts and accessories for motorcycle enthusiasts seeking to customize their
motorcycle. Our Chief Executive Officer has been the accountant for ExactRep for more than ten (10) years.



Our principal executive
office is located at 23 Barton Road, Market Bosworth, Warwickshire, England CV13 0LQ, and our telephone number is (407) 745-1751.
Our corporate website is located at www.Arazuinc.com and our retail website is located at www.replicamotorcycleparts.com. Information
contained in, or accessible through, our website does not constitute part of this prospectus.



We have not been involved
in a bankruptcy receivership or similar proceeding. Additionally, we have not been involved in a reclassification, merger, consolidation,
or purchase or sale of a significant amount of assets not in the ordinary course of business.



During the fiscal years
ending April 30, 2018 and 2017, we had limited operating activities. Also during the fiscal years ending April 30, 2018 and 2017,
we had revenues of $7,824 and $8,694, respectively. For the fiscal years ended April 30, 2018 and 2017, we had a net loss of $538,084
and $147,934, respectively.



Our independent registered
public accounting firm has issued an audit opinion for our Company which includes an explanatory paragraph expressing substantial
doubt as to our ability to continue as a going concern.



We have never declared
bankruptcy, have never been in receivership, and have never been involved in any legal action or proceedings. Since incorporation,
we have not made any significant purchase or sale of assets. We do not own physical properties.



We are not a blank check
registrant, as that term is defined in Rule 419(a)(2) of Regulation C of the Securities Act of 1933, since we have a specific business
plan or purpose. We have not had preliminary contact or discussions with, nor do we have any present plans, proposals, arrangements
or understandings with, any representatives of the owners of any business or company regarding the possibility of an acquisition
or merger.



We believe that our capital
resources are insufficient for ongoing operations, with minimal current cash reserves, particularly given the resources necessary
to expand our business. We will likely require considerable amounts of financing to make any significant advancement in our business
strategy. There is presently no agreement in place that will guarantee financing for our Company, and we cannot assure you that
we will be able to raise any additional funds, or that such funds will be available on acceptable terms. Funds raised through future
equity financing will likely be substantially dilutive to current shareholders. Lack of additional funds will materially affect
our Company and our business, and may cause us to substantially curtail or even cease operations. Consequently, you could incur
a loss of your entire investment in the Company. Since inception, our monthly burn rate has been approximately $8,500 per month.
As we further implement our business plan, we estimate our burn rate will significantly increase to approximately $35,000 per month.
The increase in our burn rate is expected to be due to increased regulatory compliance costs, and operations and marketing costs
associated with the further implementation of our business plan. We estimate that without related party loans or sales of the Company’s
securities to fund operations, existing cash and cash equivalents are insufficient to fund current operations beyond December 31,
2018.



Neither management nor
our shareholders have had preliminary contact or discussions with, nor do we have any present plans, proposals, arrangements or
understandings with, any representatives of the owners of any business or company regarding the possibility of an acquisition or
merger, change of control, or similar transaction.



4


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Emerging Growth Company



We are an emerging growth
company under the JOBS Act. We shall continue to be deemed an emerging growth company until the earliest of:



| | • | The last day of the fiscal year of the issuer during which it had total annual gross revenues of $1,000,000,000 (as such amount is indexed for inflation every 5 years by the Commission to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics, setting the threshold to the nearest 1,000,000) or more;
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | • | The last day of the fiscal year of the issuer following the fifth anniversary of the date of the first sale of common equity securities of the issuer pursuant to an effective IPO registration statement;
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | • | The date on which such issuer has, during the previous 3-year period, issued more than $1,000,000,000 in non-convertible debt; or
| | - | ---------------------------------------------------------------------------------------------------------------------------------



| | • | The date on which such issuer is deemed to be a ‘large accelerated filer’, as defined in section 240.12b-2 of title 17, Code of Federal Regulations, or any successor thereto.
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



As an emerging growth company
we are exempt from Section 404(b) of Sarbanes Oxley. Section 404(a) requires Issuers to publish information in their annual reports
concerning the scope and adequacy of the internal control structure and procedures for financial reporting. This statement shall
also assess the effectiveness of such internal controls and procedures. Section 404(b) requires that the registered accounting
firm shall, in the same report, attest to and report on the assessment and the effectiveness of the internal control structure
and procedures for financial reporting.



As an emerging growth company
we are also exempt from Section 14A (a) and (b) of the Securities Exchange Act of 1934 which require the shareholder approval of
executive compensation and golden parachutes. These exemptions are also available to us as a Smaller Reporting Company.



Business



We are the U.S. distributor
for ExactRep Limited, a U.K. company engaged in designing, developing, manufacturing and commercializing aftermarket motorcycle
parts, customized add-ons and accessories. ExactRep sells products directly to consumers in Europe, Thailand, Japan, Russia, South
America, and the U.S.



We intend to target sales
of our products to motorcycle enthusiasts seeking: (i) aftermarket customized add-on motorcycle parts, and accessories with innovative
styling and custom features, and (ii) other motorcycle related products such as clothing and backpacks. We intend to sell these
products through our retail website. To date, we have no generated revenues from the sale of our products.



Initially, the Company’s
sole executive officer Paul Clewlow who resides in the United Kingdom, will manage the Company’s day-to-day operations which
initially will be primarily online. In addition, the Company will utilize the services of (4) part-time employees and various contractors
who assist Mr. Clewlow in the United States and the United Kingdom.



Our operations to date
have been devoted primarily to start-up and development activities, which include: (i) formation of the Company; (ii) development
of our business plan; (iii) identifying the portfolio of aftermarket motorcycle related products we will sell; (iv) identifying
the methods of shipment and delivery methods for the products; (v) negotiating and entering into an agreement with ExactRep to
sell its products in the U.S.; (vi) creating the content and design for our corporate and retail websites; (vii) creating and developing
the branding campaign for the ExactRep products we will sell; and (viii) registering as a presenter at the American International
Motorcycle Expo in Orlando, Florida.



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Our Strategy



Our goal is to become a
recognized distributor of aftermarket motorcycle customized parts and accessories, in the U.S. In order to accomplish our business
objectives, we plan to execute the following strategies:



| | • | Commercialize the ExactRep Brand Name. We plan to develop recognition
of ExactRep Motorcycle Parts brand as a reliable source of aftermarket add on customized motorcycle parts and accessories in the
U.S. We introduced our first product catalogue in October 2014 which was available through our retail website;
| | - | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | • | Develop Sales and Marketing. We plan to focus our sales and marketing
efforts towards developing our retail products and website, building brand awareness and identifying strategic marketing opportunities,
such as our plans to partner with one of the East Coasts largest Motorcycle Retail spaces and to develop our own brand of motorcycle
parts through their store. We have also exhibited at the American International Motorcycles Expo in Orlando, Florida during October
2014 and intend to present there again in 2018. Furthermore, our intentions are to participate in leading consumer and dealer trade
shows and motorcycle rallies where our products can be displayed and engage in other advertising activities to develop our brand
name.
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | • | Become a Reliable Internet Distribution Source of Novelty Motorcycle
Parts and Accessories. We will develop a trusted, reliable and user friendly retail website where consumers can purchase their
motorcycle products and accessories online by browsing an aesthetically appealing product catalogue.
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



Our Agreement with ExactRep



On March 16, 2014 and as
amended on July 21. 2014, we entered into an agreement with ExactRep Limited, a company formed under the laws of the U.K., to become
the exclusive distributor of their products in the U.S. for a period of ten (10) years. ExactRep was obligated to pay us a monthly
fee of $15,000 for a period of six (6) months to develop the U.S. branding campaign, of which $45,000 was paid. In August 2014,
we moved to a model of greater revenue share in exchange for foregoing the final $45,000.



We completed development
of our corporate website at www.Arazuinc.com in May of 2015 and continue to update our shareholders through this corporate web
space. Our retail website, which can be found at www.motorcyclespecialistparts.com is a streamlined and informative site where
the motorcycle enthusiast and our consumers are able to find information about the motorcycle aftermarket parts industry, and review
product specs, details, and photos. This site essentially serves as a “nuts and bolts” information source about the
industry and our products.



We sell our retail products
at our website at www.motorcyclespecialistparts.com. We provide website visitors with information about the motorcycle industry
and trends, ExactRep brand, and our products. Our plan is to further organize and classify information about the motorcycle industry,
our products, and ExactRep brand by separating information between our corporate website and retail website, in order to pull in
more web traffic and widen our sales demographics. Both sites will send traffic to and from each other, increasing our overall
web traffic. This provides our customers with the opportunity to investigate our company and products to the extent and depth they
choose to, as opposed to presenting it all in a single large site. We will monitor visitors to our sites using Google Analytics.
These statistics will show traffic and visitor information. We will incorporate various popular social media pages and sharing
abilities to increase our awareness and market penetration. We intend to “like” and “share” social media
pages of other motorcycle personalities, enthusiast groups, and manufacturer pages for the products we sell.



Each product we sell on
our retail website will be selected by Paul Clewlow, with the assistance of ExactRep’s staff. Our products are and in the
future will continue to be identified by Mr. Clewlow based upon suggestions from ExactRep. The site will feature our logo and slogan
along with a product catalogue and shopping cart.



Our website currently offers
approximately 100 products which include aluminum, chrome and other aesthetic add on parts and accessories for Yamaha, Kawasaki,
Suzuki, Harley Davidson, and Triumph motorcycles.



| | • | Exhausts
| | - | --------



| | • | Headlights & Brakelights
| | - | ------------------------



| | • | Engine Covers
| | - | -------------

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| | • | Mirrors
| | - | -------



| | • | Hubcaps and wheel covers
| | - | ------------------------



| | • | Motorcycle Seats & Covers
| | - | -------------------------



| | • | Kickstands
| | - | ----------



| | • | Handlebars & Handlebar Covers
| | - | -----------------------------



| | • | Fuel tanks
| | - | ----------



| | • | Fog Lamps
| | - | ---------



| | • | Tuning Kits
| | - | -----------



| | • | Clutch Plates
| | - | -------------



| | • | Motorcycle Racks/Sissy bags
| | - | ---------------------------



| | • | Fork Springs
| | - | ------------



| | • | Exhaust & Exhaust Pipe Covers
| | - | -----------------------------



| | • | Radiator Covers
| | - | ---------------



Payment



All purchases through our
retail website will be processed through Paypal or Mastercard, Visa, or American Express.



Shipping



Customers placing orders
on our retail website, pay shipping costs of the item. Retail orders will be shipped within fifteen (15) days from ExactRep’s
facility in the United Kingdom to the customer using DHL, Federal Express (“FedEx”), or other established freight shipping
services.



Branding and Marketing



Our core marketing strategy
is to brand “ExactRep’s Replica Parts” brand for those seeking aftermarket add-on parts and to improve the "personalized
look" of their motorcycle. We believe that our marketing mix of internet, social media, print, and event promotions providing
coupons along with sample products is an optimal strategy to generate product sales and marketing.



Our online marketing efforts
are designed to attract visitors to our websites, convert visitors into purchasing customers and encourage repeat purchases among
our existing customer base. By populating our websites with compelling and interesting pictures and compelling content we encourage
our shoppers to share our brand among their social networks



We use a variety of online
marketing methods to attract visitors, including:



| | • | paid search advertising
| | - | -----------------------



| | • | search engine optimization
| | - | --------------------------



| | • | affiliate programs
| | - | ------------------

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| | • | e-mail marketing
| | - | ----------------



| | • | inclusion in online shopping engines
| | - | ------------------------------------



| | • | in-site promotions for discounted purchases of our products
| | - | -----------------------------------------------------------



| | • | cross-selling opportunities by displaying complementary and related
products available for sale throughout the purchasing process.
| | - | ----------------------------------------------------------------------------------------------------------------------------------



| | • | targeted e-mails about specific promotions, to increase customer
awareness of our products.
| | - | -------------------------------------------------------------------------------------------



| | • | Social media memberships and identifying with groups of general motorcycle
and motorcycle customization enthusiasts.
| | - | --------------------------------------------------------------------------------------------------------------------



The development of our
branding and marketing program is overseen by our sole officer and director, Paul Clewlow who has worked with ExactRep as their
accountant for the past ten (10) years. Mr. Clewlow developed the slogan “Bringing U.K. Markets Closer to America”
which will be used in the marketing of the products we sell.



Agreement with Ditto Media Solutions
& Jon Spruce



We entered into an agreement
dated July 14, 2014, with Ditto Media Solutions a company formed under the laws of the United Kingdom to develop our retail website
in exchange for 2,100,000 shares of our common stock.



The agreement covered the
design, development and operation of our website and online retail arm. The online shop was completed in 2015 and has been processing
orders and payments since then.



Jon Spruce, the director
of Ditto Media was subsequently contracted directly to handle the day to day operation of the online retail operation in May 2017.
This included updating the website with the stock levels of products, processing incoming orders, ensuring goods are dispatched
in a timely manner and ensuring that invoices from suppliers are correct.



Customers



We believe the customers
for our replica motorcycle parts will be males between the ages of 30 and 55 who earn between $25,000 and $85,000 and reside in
the United States based upon research performed by Paul Clewlow, our sole officer and director. Mr. Clewlow conducts research on
the internet, uses sales reviews, as well as other information of ExactRep, to determine which products we will sell.



Return and Refund Policy



We will exchange any product
found to be defective. A written exchange request must be submitted when a customer returns defective or damaged product. Purchasers
can apply for refund in full amount of purchased products within ten (10) days of purchase. If the purchasers are not satisfied
with our products for any reason, they can return products and request for an exchange. All shipping fees for product exchanges
or returns must be paid by purchaser.

.

Market



The U.S. motorcycle market
was approximately $21.5 billion in 2017. We operate in the aftermarket parts market, a subset of the U.S. motorcycle market. The
following are key industry highlights:



Large and Stable Market
Opportunity



According to Powersports
Business, demand for aftermarket motorcycle parts has increased steadily since 2002 and is driven by the dramatic increase in ridership
in the United States.



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Extended Life of Motorcycles



We believe that improvements
in technology and overall motorcycle quality have extended the useful life of motorcycles, which has further increased demand for
aftermarket products due to their attractive value proposition.



Increased Usage of Aftermarket
Products



Usage of aftermarket products
has experienced steady growth over the last decade. We believe there are several industry dynamics that have contributed to the
demand for aftermarket products, including increased ridership, favorable price points relative to OEM replacement products, shorter
part delivery time and higher profit margins for the repair shops that utilize aftermarket products.



Due to the extreme growth
in the aftermarket motorcycle parts industry, a significant number of start-ups are getting into the business. However, most lack
the relationships, experience and resources to be successful. One of the most daunting challenges any company faces is being able
to manufacture, produce and effectively market their products for their product sales initiatives.



Competition



The aftermarket motorcycle
parts industry is highly competitive and rapidly changing. Our ability to compete depends upon many factors within and outside
our control, including the timely development and introduction of our products and their enhancements, their functionality, performance,
reliability, customer service and support and marketing efforts. Due to the relatively low barriers to entry in the aftermarket
motorcycle parts market, we expect additional competition from other emerging companies. Many of our existing and potential competitors
are substantially larger than us and have significantly greater financial, technical and marketing resources. As a result, they
may be able to respond more quickly to fashion changes and have greater resources for the development and promotion of their products.
There can be no assurance that we will be able to compete successfully against current or future competitors or that competitive
pressure will not have a material adverse effect on our business, operating results and financial condition.



Employees



We have (1) full-time employee,
our sole officer and director, Paul Clewlow, who oversees our day to day operations, and (4) part-time employees who assist us
on an as needed basis.



None of our employees are
employed under a collective bargaining agreement. We believe we have an excellent relationship with our employees and independent
contractors.



We intend to hire additional
employees and independent contractors on an as needed basis.



Available Information



Arazu is subject to the
information requirements of the Securities Exchange Act of 1934, as amended, and in accordance therewith files quarterly and annual
reports, as well as other information with the Securities and Exchange Commission (“Commission”) under File No. 333-221327.
Such reports and other information filed with the Commission can be inspected and copied at the public reference facilities maintained
by the Commission at 450 Fifth Street, N.W., Washington, D.C. 20549 at prescribed rates, and at various regional and district offices
maintained by the Commission throughout the United States. Information about the operation of the Commission’s public reference
facilities may be obtained by calling the Commission at 1-800-SEC-0330. The Commission also maintains a website at http://www.sec.gov
that contains reports and other information regarding the Company and other registrants that file electronic reports and information
with the Commission.



ITEM 1A. RISK FACTORS.



Since we are a smaller
reporting company, we are not required to supply the information required by this Item 1A.



ITEM 1B. UNRESOLVED STAFF COMMENTS.



None.

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ITEM 2. PROPERTIES.



Our principal executive
offices are made available by Paul Clewlow, our Chief Executive Officer. To date, we have not paid any rent to Mr. Clewlow for
our 500 square foot office located at The Office, 23 Barton Road, Market Bosworth, Warwickshire, England CV13 0LQ U.K. Additionally,
Mr. Clewlow provides all office related equipment and communication lines. If we obtain sufficient financing, we intend to find
an alternative office facility and enter a long-term office lease at prevailing market rates.



ITEM 3. LEGAL PROCEEDINGS.



We are not currently a
party to any legal proceedings, and we are not aware of any pending or potential legal actions.



From time to time, we may
also become a party to certain legal proceedings incidental to the normal course of our business including the enforcement of our
rights under contracts with purchasers and suppliers. While the outcome of these legal proceedings cannot at this time be predicted
with certainty, we do not expect that these proceedings will have a material effect upon our financial condition or results of
operations.



ITEM 4. MINE SAFETY DISCLOSURES



Not Applicable.

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PART II

ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.



Market Information



We have filed an application
for a new symbol with FINRA and are awaiting our symbol. We had approximately 39 registered holders of our common stock as of April
30, 2018. Registered holders do not include those stockholders whose stock has been issued in street name. Our stock is not yet
quoted on an exchange but the last price per share offered to investors was $0.05 per share.



Dividends and Distributions



We have not paid any cash
dividends on our common stock since inception and do not anticipate paying cash dividends in the foreseeable future. We expect
that that any future earnings will be retained for use in developing and/or expanding our business.



Sales of Unregistered Securities



On May 10, 2017, we sold
an aggregate of 120,000 shares of our common stock to 3 investors for the price of $0.05 per share or an aggregate of $6,000.



On May 16, 2017, we sold
an aggregate of 45,000 shares of our common stock to 4 investors for the price of $0.05 per share or an aggregate of $2,250.



On June 7, 2017, we sold
an aggregate of 40,000 shares of our common stock to 4 investors for the price of $0.05 per share or an aggregate of $2,000.



On June 15, 2017, we issued 10,000,000 shares
of our common stock to the Company’s Chief Executive Officer in exchange for services provided to the Company. We valued
the shares at $0.01 per share or $100,000.



With respect to the transactions
noted above. Each of the recipients of securities of the Company was an accredited investor, or is considered by the Company to
be a “sophisticated person”, inasmuch as each of them has such knowledge and experience in financial and business matters
that they are capable of evaluating the merits and risks of receiving securities of the Company. No solicitation was made and no
underwriting discounts were given or paid in connection with these transactions. The Company believes that the issuance of its
securities as described above was exempt from registration with the Securities and Exchange Commission pursuant to Section 4(2)
of the Securities Act of 1933.



Penny Stock Rules



The SEC has also adopted
rules that regulate broker-dealer practices in connection with transactions in “penny stocks” as such term is defined
by Rule 15g-9. Penny stocks are generally equity securities with a price of less than $5.00 (other than securities registered on
certain national securities exchanges or quoted on the Nasdaq system provided that current price and volume information with respect
to transactions in such securities is provided by the exchange or system).



Our shares constitute penny
stocks under the Exchange Act. The shares may remain penny stocks for the foreseeable future. The classification of our shares
as penny stocks makes it more difficult for a broker-dealer to sell the stock into a secondary market, which makes it more difficult
for a purchaser to liquidate his or her investment. Any broker-dealer engaged by the purchaser for the purpose of selling his or
her shares in Arazu will be subject to the penny stock rules.



The penny stock rules require
a broker-dealer, prior to a transaction in a penny stock not otherwise exempt from those rules, deliver a standardized risk disclosure
document approved by the SEC, which: (i) contains a description of the nature and level of risk in the market for penny stocks
in both public offerings and secondary trading; (ii) contains a description of the broker’s or dealer’s duties to the
customer and of the rights and remedies available to the customer with respect to a violation to such duties or other requirements
of the Securities Act; (iii) contains a brief, clear, narrative description of a dealer market, including bid and ask prices for
penny stocks and significance of the spread between the bid

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and ask price; (iv) contains a toll-free telephone
number for inquiries on disciplinary actions; (v) defines significant terms in the disclosure document or in the conduct of trading
in penny stocks; and (vi) contains such other information and is in such form as the SEC shall require by rule or regulation. The
broker-dealer also must provide to the customer, prior to effecting any transaction in a penny stock, (i) bid and offer quotations
for the penny stock; (ii) the compensation of the broker-dealer and its salesperson in the transaction; (iii) the number of shares
to which such bid and ask prices apply, or other comparable information relating to the depth and liquidity of the market for such
stock; and (iv) monthly account statements showing the market value of each penny stock held in the customer’s account.



In addition, the penny
stock rules require that, prior to a transaction in a penny stock not otherwise exempt from those rules, the broker-dealer must
make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser’s
written acknowledgment of the receipt of a risk disclosure statement, a written agreement to transactions involving penny stocks,
and a signed and dated copy of a written suitability statement. These disclosure requirements will have the effect of reducing
the trading activity in the secondary market for our stock because it will be subject to these penny stock rules. Therefore, stockholders
may have difficulty selling those securities.



ITEM 6. SELECTED FINANCIAL DATA.



Not required.



ITEM 7. MANAGEMENT’S DISCUSSION AND
ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS



Forward-Looking Statements



This report contains forward-looking
statements that involve risks and uncertainties. We use words such as anticipate, believe, plan, expect, future, intend and similar
expressions to identify such forward-looking statements. You should not place too much reliance on these forward-looking statements.
Our actual results are likely to differ materially from those anticipated in these forward-looking statements for many reasons.



Overview



We are an emerging
growth aftermarket motorcycle parts seller and distributor and the U.S. distributor of products for ExactRep Limited, a company
located in the U.K that designs and creates aftermarket motorcycle add-on parts and accessories for motorcycle enthusiasts seeking
to customize their motorcycle. Our principal sources of revenue are expected to be from the sales and distribution of motorcycle
parts. General and administrative expenses have been comprised of administrative wages and benefits; occupancy and office expenses;
outside legal, accounting and other professional fees; travel and other miscellaneous office and administrative expenses. Selling
and marketing expenses include selling/marketing wages and benefits, advertising and promotional expenses, as well as travel and
other miscellaneous related expenses.

Because we have incurred
losses, income tax expenses are immaterial. No tax benefits have been booked related to operating loss carryforwards, given our
uncertainty of being able to utilize such loss carryforwards in future years. We anticipate incurring additional losses during
the coming year.



Results of Operations



Following is management’s
discussion of the relevant items affecting results of operations for the years ended April 30, 2018 and 2017.



Revenues. Net revenues
for the fiscal years ended April 30, 2018 and 2017 were $7,824 and $8,694, respectively.



Cost of Sales. Cost
of sales for the fiscal years ended April 30, 2018 and 2017 were $7,807 and $2,612, respectively.



Officer compensation.Officer compensation for the fiscal years ended April 30, 2018 and 2017 were $220,000 and $120,000, respectively. On June 15,
2017, the Company issued 10,000,000 shares of its common stock to the Company’s chief executive officer for prior services
rendered to the Company. The $100,000 agreed value ($0.01 per share) of the 10,000,000 shares of common stock was expensed on the
statement of operations.

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Consulting fees.Consulting
fees for the fiscal years ended April 30, 2018 and 2017 were $224,000 and $6,500, respectively. During the year ended April 30,
2018, the Company entered into several consulting contracts which increased the consulting fees expense.



Professional fees.
Professional fees for the fiscal years ended April 30, 2018 and 2017 were $45,850 and $17,600, respectively. The Company expects
professional and accounting fees to increase in the future due to the fees associated with the Company filings with the Securities
and Exchange Commission.



Other general and administrative
expenses.Total other general and administrative expenses for the fiscal years ended April 30, 2018 and 2017 were $1,900 and
$4,113, respectively.



Other income (expenses).Total other expenses for the fiscal years ended April 30, 2018 and 2017 were $46,351 and $5,803, respectively. These expenses
consist mainly of interest expenses on notes payable and the amortization of debt discounts.



Net Income (Loss).Net
loss for the fiscal year ended April 30, 2018 was $538,084 compared to net loss of $147,934 for the fiscal year ended April 30,
2017.



Liquidity and Capital Resources



As of April 30, 2018, our
working capital deficit of $836,346 was comprised of total current assets of $137 and total current liabilities of $836,483. We
continued to consume working capital in the pursuit of our business plan utilizing proceeds from advances from related parties.



We do not believe that
the Company’s current capital resources will be sufficient to fund its operating activity and other capital resource demands
during the next year. Our ability to continue as a going concern is contingent upon our ability to obtain capital through the sale
of equity or issuance of debt, and ultimately attaining profitable operations. We expect that any financing we receive will be
similar to what we have heretofore received over the previous two years to enable us to operate. We cannot assure you that we will
be able to successfully complete any of these activities.



The independent registered
public accounting firm’s report on our financial statements as of April 30, 2018, includes a “going concern”
explanatory paragraph that describes substantial doubt about the Company’s ability to continue as a going concern. Management’s
plans in regard to the factors prompting the explanatory paragraph are discussed below and also in Note 1b. to the financial statements.



We are presently seeking
additional debt and equity financing to provide sufficient funds for payment of obligations incurred and to fund our ongoing business
plan.



We expect to generate revenue
pursuant to our new business plan and expect to rely on equity and debt financings to fund our capital resources requirements.
We will be dependent on additional debt and equity financing to develop our new business but we cannot assure you that any such
financings will be available or will otherwise be made on terms acceptable to us, or that our present shareholders might suffer
substantial dilution as a result.



Net cash used in operating
activities was $67,905 during the fiscal year ended April 30, 2018, with a net loss of $538,084, stock based compensation of $100,000,
amortization of debt discounts of $37,923, an increase in accounts payable and accrued liabilities of $214,256 and an increase
in accrued officer compensation of $118,000.



During the fiscal year ended April 30, 2018,
the Company had no net cash flows from investing activities.



Net cash provided by financing
activities was $67,885 during the fiscal year ended April 30, 2018, which consisted of the proceeds from the sale of common stock
of $10,250 and proceeds from notes payable of $57,635.



Off-Balance Sheet Arrangements



We do not have any off-balance
sheet arrangements.



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Critical Accounting Policies



Financial Reporting Release
No. 60, published by the SEC, recommends that all companies include a discussion of critical accounting policies used in the preparation
of their financial statements. While all these significant accounting policies impact our financial condition and results of operations,
we view certain of these policies as critical. Policies determined to be critical are those policies that have the most significant
impact on our financial statements and require management to use a greater degree of judgment and estimates. Actual results may
differ from those estimates.



We believe that given current
facts and circumstances, it is unlikely that applying any other reasonable judgments or estimate methodologies would cause a material
effect on our results of operations, financial position or liquidity for the periods presented in this report.



We believe the following
more critical accounting policies are used in the preparation of our financial statements:



Cash and Cash Equivalents

Cash Equivalents include
short-term, highly liquid investments with maturities of three months or less at the time of acquisition.



Revenue Recognition

Revenue is recognized upon
delivery of goods where the sales price is fixed or determinable and collectibility is reasonably assured. Revenue is not recognized
until persuasive evidence of an arrangement exists. Product sales were solely derived from the resale of motorcycle parts. Product
sales are not warranted by the Company and may be subject only to warranties that may be provided by the product manufacturer.
For the periods presented, all sales were from online stores.



Use of Estimates

The preparation of financial
statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those
estimates.



Advertising

Advertising costs, which
were not material for the periods presented, are expensed as incurred.



Basic and Fully Diluted
Net Loss Per Share

Basic net loss per common
share is based on the weighted average number of shares outstanding during the periods presented. Diluted earnings per share is
computed using the weighted average number of common shares plus dilutive common share equivalents outstanding during the period.



Research and Development

Research and development costs, which were $-0-
and $2,521 for the years ended April 30, 2018 and 2017, respectively, are expensed as incurred.



Recent Accounting Pronouncements

The Company has evaluated
recent accounting pronouncements and believes that none of them will have a material effect on the Company’s financial statements.



Stock Based Compensation

The Company accounts for
its stock based compensation under ASC 718 “Compensation – Stock Compensation” using the fair value based method.
Under this method, compensation cost is measured at the grant date based on the value of the award and is recognized over the service
period, which is usually the vesting period. This guidance establishes standards for the accounting for transactions in which an
entity exchanges its equity instruments for goods or services. It also addresses transactions in which an entity incurs liabilities
in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled
by the issuance of those equity instruments.

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MANAGEMENT’S PLAN TO CONTINUE AS A
GOING CONCERN



In order to continue as
a going concern, the Company will need, among other things, additional capital resources. Management’s plans to obtain such
resources for the Company include (1) obtaining capital from the sale of its securities, and (2) short-term borrowings from shareholders
or related parties when needed. However, management cannot provide any assurance that the Company will be successful in accomplishing
any of its plans.



The ability of the Company
to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph
and eventually secure other sources of financing and attain profitable operations.



Our independent registered
public accounting firm’s report contains an explanatory paragraph which has expressed substantial doubt about our ability
to continue as a going concern, which may hinder our ability to obtain future financing.



Forward-Looking Statements



This report contains or
incorporates by reference forward-looking statements within the meaning of the United States Private Securities Litigation Reform
Act of 1995 concerning our future business plans and strategies, the receipt of working capital, future revenues and other statements
that are not historical in nature. In this report, forward-looking statements are often identified by the words “anticipate,”
“plan,” “believe,” “expect,” “estimate,” and the like. These forward-looking statements
reflect our current beliefs, expectations and opinions with respect to future events, and involve future risks and uncertainties
which could cause actual results to differ materially from those expressed or implied.



Other uncertainties that
could affect the accuracy of forward-looking statements include:



| | • | the worldwide economic situation;
| | - | ---------------------------------

| | • | any changes in interest rates or inflation;
| | - | -------------------------------------------

| | • | the willingness and ability of third parties to honor their contractual
commitments;
| | - | ------------------------------------------------------------------------------------

| | • | our ability to raise additional capital, as it may be affected by
current conditions in the  stock market and competition for risk capital;
| | - | -------------------------------------------------------------------------------------------------------------------------------------------

| | • | our capital expenditures, as they may be affected by delays or cost
overruns;
| | - | -----------------------------------------------------------------------------

| | • | environmental and other regulations, as the same presently exist
or may later be amended;
| | - | -----------------------------------------------------------------------------------------

| | • | our ability to identify, finance and integrate any future acquisitions;
and
| | - | ---------------------------------------------------------------------------

| | • | the volatility of our common stock price.
| | - | -----------------------------------------



This list is not exhaustive
of the factors that may affect any of our forward-looking statements. You should read this report completely and with the understanding
that our actual future results may be materially different from what we expect. These forward-looking statements represent our
beliefs, expectations and opinions only as of the date of this report. We do not intend to update these forward looking statements
except as required by law. We qualify all of our forward-looking statements by these cautionary statements.



ITEM 7A. QUANTITATIVE AND
QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not Applicable.

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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.



|CONTENTS                                               
|-------------------------------------------------------
|                                                       
|Report of Independent Registered Public Accounting Firm
|                                                       
|Balance Sheets                                         
|                                                       
|Statements of Operations                               
|                                                       
|Statements of Stockholders’ Deficit                    
|                                                       
|Statements of Cash Flows                               
|                                                       
|Notes to the Financial Statements                      





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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM





To the Board of Directors and Stockholders of

Arazu Incorporated



Opinion on the Financial Statements



I have audited the accompanying balance sheets of Arazu Incorporated
(the “Company”) as of April 30, 2018 and 2017 and the related statements of operations, stockholders’ equity
(deficit), and cash flows for the years then ended, and the related notes (collectively referred to as the “financial statements”).
In my opinion, the financial statements present fairly, in all material respects, the financial position of Arazu Incorporated
as of April 30, 2018 and 2017 and the results of its operations and cash flows for the years then ended in conformity with accounting
principles generally accepted in the United States.



Explanatory Paragraph – Going Concern



The accompanying financial statements referred to above have been
prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the Company’s
present financial situation raises substantial doubt about its ability to continue as a going concern. Management’s plans
in regard to this matter are also described in Note 1. The financial statements do not include any adjustments that might result
from the outcome of this uncertainty.



Basis for Opinion



These financial statements are the responsibility of the Company’s
management. My responsibility is to express an opinion on the Company’s financial statements based on my audit. We are a
public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and
are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable
rules and regulations of the Securities and Exchange Commission and the PCAOB.



I conducted my audit in accordance with the standards of the PCAOB.
Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements
are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor was I engaged to perform,
an audit of its internal control over financial reporting. As part of my audit I am required to obtain an understanding of internal
control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal
control over financial reporting. Accordingly, I express no such opinion.



My audit included performing procedures to assess the risks of material
misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks.
Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
My audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. I believe that my audit provides a reasonable basis for my opinion.







/s/ Michael T. Studer CPA P.C.

Michael T. Studer CPA P.C.





Freeport, New York

September _, 2018



I have served as the Company’s auditor since 2017

17


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|ARAZU INCORPORATED                                                        
|--------------------------------------------------------------------------
|BALANCE SHEETS                                                            
|                                                                          
|ASSETS                                                                    
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|CURRENT ASSETS                                                            
|                                                                          
|Cash and cash equivalents                                                 
|                                                                          
|Total Current Assets                                                      
|                                                                          
|TOTAL ASSETS                                                              
|                                                                          
|                                                                          
|LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                            
|                                                                          
|CURRENT LIABILITIES                                                       
|                                                                          
|Accounts payable and accrued liabilities                                  
|Accrued officer compensation                                              
|Notes payable                                                             
|Derivative liability                                                      
|                                                                          
|Total Current Liabilities                                                 
|                                                                          
|TOTAL LIABILITIES                                                         
|                                                                          
|STOCKHOLDERS' EQUITY (DEFICIT)                                            
|                                                                          
|Preferred stock, $0.0001 par value; 10,000,000, shares authorized,        
|1,000,000 and 1,000,000 shares of Series A                                
|Preferred Stock issued and outstanding, respectively                      
|Common stock, $0.0001 par value; 340,000,000 shares authorized,           
|31,209,000 and 21,004,000 shares issued                                   
|and outstanding, respectively                                             
|Additional paid-in capital                                                
|Accumulated deficit                                                       
|                                                                          
|Total Stockholders' Equity (Deficit)                                      
|                                                                          
|TOTAL LIABILITIES AND STOCKHOLDERS'  EQUITY (DEFICIT)                     
|                                                                          
|The accompanying notes are an integral part of these financial statements.







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|ARAZU INCORPORATED                                                        
|--------------------------------------------------------------------------
|STATEMENTS OF OPERATIONS                                                  
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|NET SALES                                                                 
|                                                                          
|COST OF SALES                                                             
|                                                                          
|GROSS MARGIN                                                              
|                                                                          
|OPERATING EXPENSES                                                        
|                                                                          
|Officer compensation (including stock-based compensation                  
|of $100,000 and $-0-, respectively)                                       
|Consulting fees (including stock-based compensation of                    
|$-0- and $6,500, respectively)                                            
|Professional fees (including stock-based compensation                     
|of $-0- and $16,000, respectively)                                        
|Other general and administrative expenses                                 
|                                                                          
|Total Operating Expenses                                                  
|                                                                          
|LOSS FROM OPERATIONS                                                      
|                                                                          
|OTHER INCOME (EXPENSES)                                                   
|                                                                          
|Income from derivative liability                                          
|Interest expense (including amortization of debt discount                 
|of $37,923 and $-0-, respectively)                                        
|                                                                          
|Total Other Income (Expenses)                                             
|                                                                          
|NET LOSS                                                                  
|                                                                          
|Net loss per common share - basic and diluted                             
|                                                                          
|Weighted average common shares                                            
|outstanding - basic and diluted                                           
|                                                                          
|The accompanying notes are an integral part of these financial statements.





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|ARAZU INCORPORATED                                                        
|--------------------------------------------------------------------------
|STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)                              
|For the Period from May 1, 2016 through April 30, 2018                    
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|Balance, May 1, 2016                                                      
|                                                                          
|Common stock issued for services                                          
|                                                                          
|Net loss for the year ended                                               
|April 30, 2017                                                            
|                                                                          
|Balance, April 30, 2017                                                   
|                                                                          
|Common stock issued for cash                                              
|                                                                          
|Common stock issued to Company Chief                                      
|Execuitve Officer for services                                            
|                                                                          
|Net loss for the year ended                                               
|April 30, 2018                                                            
|                                                                          
|Balance, April 30, 2018                                                   
|                                                                          
|The accompanying notes are an integral part of these financial statements.





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|ARAZU INCORPORATED                                                        
|--------------------------------------------------------------------------
|STATEMENTS OF CASH FLOWS                                                  
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|CASH FLOWS FROM OPERATING ACTIVITIES                                      
|                                                                          
|Net loss                                                                  
|Adjustments to reconcile net loss to net cash                             
|used by operating activities:                                             
|Stock based compensation and fees                                         
|Amortization of debt discount                                             
|Changes in operating assets and liabilities:                              
|Accounts payable and accrued liabilities                                  
|Accrued officer compensation                                              
|                                                                          
|Net Cash Used by Operating Activities                                     
|                                                                          
|CASH FLOWS FROM INVESTING ACTIVITIES                                      
|                                                                          
|CASH FLOWS FROM FINANCING ACTIVITIES                                      
|                                                                          
|Proceeds from sales of common stock                                       
|Proceeds from notes payable                                               
|                                                                          
|Net Cash Provided by Financing Activities                                 
|                                                                          
|INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                          
|                                                                          
|CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD                          
|                                                                          
|CASH AND CASH EQUIVALENTS AT END OF PERIOD                                
|                                                                          
|SUPPLEMENTAL DISCLOSURES:                                                 
|                                                                          
|Cash paid for interest                                                    
|Cash paid for income taxes                                                
|                                                                          
|The accompanying notes are an integral part of these financial statements.







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ARAZU INCORPORATED

Notes to the Financial Statements

For the Years ended April 30, 2018 and 2017



NOTE 1 - ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES



a. Organization and Description
of Business



Arazu
Incorporated (the "Company") was incorporated on March 3, 2014 under the laws of the State of Florida and established
a fiscal year end of April 30. The Company is engaged in the brand development, marketing, distribution and sale of motorcycle
parts in North America, including United States of America and Canada.



b. Going Concern Uncertainty



These
financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates, among other
things, the realization of assets and the satisfaction of liabilities in the normal course of business.



At
April 30, 2018, the Company had cash of $137 and negative working capital of $836,346. For the years ended April 30, 2018 and 2017,
the Company incurred net losses of $538,084 and $147,934, respectively. These factors raise substantial doubt about the Company’s
ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s
ability to raise additional capital, implement its business plan, and generate significant revenues. The financial statements do
not include any adjustments that might be necessary if the Company is unable to continue as a going concern. The Company plans
on raising capital through the sale of equity or debt instruments to implement its business plan.



c. Accounting Method



The Company’s financial
statements are prepared using the accrual method of accounting. The Company has elected an April 30 year end.



d. Financial Statements



The financial statements for the
years ended April 30, 2018 and 2017 are audited and have been prepared by the Company pursuant to the rules and regulations of
the Securities and Exchange Commission. These statements reflect all normal and recurring adjustments that, in the opinion of management,
are necessary for a fair presentation of the information contained herein.



e. Cash and Cash Equivalents



Cash and cash equivalents include
short-term, highly liquid investments with maturities of three months or less at the time of acquisition. There were no cash equivalents
for the periods presented.



f. Estimates



The preparation of financial statements
in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions
that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the
financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ
from those estimates.



g. Revenue Recognition



Revenue is recognized upon delivery
of goods where the sales price is fixed or determinable and collectibility is reasonably assured. Revenue is not recognized until
persuasive evidence of an arrangement exists. Product sales were solely derived from the resale of motorcycle parts. Product sales
are not warranted by the Company and may be subject only to warranties that may be provided by the product manufacturer.



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ARAZU INCORPORATED

Notes to the Financial Statements

For the Years ended April 30, 2018 and 2017



h. Stock-based Compensation



Stock-based compensation is accounted
for based on the requirements of the Share-Based Payment Accounting Standards Codification (“ASC”) Topic 718 which
requires recognition in the financial statements of the cost of employee and director services received in exchange for an award
of equity instruments over the period the employee or director is required to perform the services in exchange for the award (presumptively,
the vesting period). The ASC also requires measurement of the cost of employee and director services received in exchange for an
award based on the grant-date fair value of the award.



Pursuant to ASC Topic 505-50,
for share-based payments to consultants and other third-parties, compensation expense is determined at the “measurement date”.
The expense is recognized over the service period of the award. The Company records compensation expense based on the fair value
of the award.



i. Advertising



The Company follows the policy
of charging the costs of advertising to expense as incurred. For the years ended April 30, 2018 and 2017, advertising expense was
$-0- and $-0-, respectively.



j. Basic and Diluted Net Loss
Per Share



The Company follows ASC Topic
260 to account for earnings per share. Basic earnings (loss) per common share (“EPS”) calculations are determined by
dividing net income (loss) by the weighted average number of shares of common stock issued and outstanding during the period. Diluted
earnings (loss) per common share calculations are determined by dividing net income (loss) by the weighted average number of common
shares and dilutive common share equivalents outstanding.



For the periods presented, the common
shares underlying the following dilutive securities were excluded from the calculation of diluted shares outstanding as the effect
of their inclusion would be anti-dilutive:



|                                       |  | For the Years Ended April 30,
|-------------------------------------- |  | -----------------------------
|                                       |  | 2018                         
|                                       |  |                              
|Convertible notes payable (see Note 3) |  |                              
|                                       |  |                              
|Total common shares issuable           |  |                              



k. Income Taxes



The Company utilizes the liability
method of accounting for income taxes. Under the liability method, deferred tax assets and liabilities are determined based on
the differences between financial reporting and the tax bases of the assets and liabilities and are measured using the enacted
tax rates and laws that are expected to be in effect when the differences are expected to be reversed. An allowance against deferred
tax assets is recorded when it is more likely than not that such tax benefits will not be realized.



l. Recent Accounting Pronouncements



Certain accounting pronouncements
have been issued by the FASB and other standard setting organizations which are not yet effective and have not yet been adopted
by the Company. The impact on the Company’s financial position and results of operations from adoption of these standards
is not expected to be material.

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ARAZU INCORPORATED

Notes to the Financial Statements

For the Years ended April 30, 2018 and 2017



m. Financial Instruments



The Company follows ASC 820-10-50,
“Fair Value Measurements.” This guidance defines fair value, establishes a three-level valuation hierarchy for
disclosures of fair value measurement and enhances disclosure requirements for fair value measures.  The three levels are
defined as follows:



- Level 1 inputs to the valuation
methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.



- Level 2 inputs to the valuation
methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the
asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.



- Level 3 inputs to valuation methodology
are unobservable and significant to the fair value measurement.



The carrying amounts reported in the
balance sheets for cash and current liabilities qualify as financial instruments and are a reasonable estimate of fair value because
of the short period of time between the origination of such instruments and their expected realization and their current market
rate of interest.



NOTE 2 - ACCOUNTS PAYABLE AND
ACCRUED LIABILITIES



|Accounts payable and accrued liabilities consist of the following: |  |           |         |     
|------------------------------------------------------------------ |  | --------- | ------- | ----
|                                                                   |  | April 30,
|                                                                   |  | 2018      |         | 2017
|                                                                   |  |           |         |     
|Accrued consulting fees                                            |  | $         | 247,762 |     
|Accrued interest payable on notes payable                          |  |           | 18,791  |     
|Advances payable – non-interest bearing, due on demand             |  |           | 4,253   |     
|Accounts payable                                                   |  |           | 12,429  |     
|Total                                                              |  | $         | 283,235 |     



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ARAZU INCORPORATED

Notes to the Financial Statements

For the Years ended April 30, 2018 and 2017



NOTE 3 - NOTES PAYABLE



|Notes payable consist of the following:                                                                                                                                                     |  |           |        |     
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | --------- | ------ | ----
|                                                                                                                                                                                            |  | April 30,
|                                                                                                                                                                                            |  | 2018      |        | 2017
|                                                                                                                                                                                            |  |           |        |     
|Convertible note payable dated October 4, 2014 to David Lovatt (consultant to Company), interest at 8%, due on demand ($20,000 of the note was sold to a third party on May 5, 2017) (A)    |  | $         | 5,040  |     
|Note payable dated September 10, 2015 to David Lovatt (consultant to Company), interest at 8%, due on demand (the note was sold to a third party on August 10, 2017)                        |  |           | —      |     
|Convertible note payable dated August 10, 2017 to Essex Global Investment Corp. (purchaser of convertible note payable dated September 10, 2015), interest at 8%, due on demand (B)         |  |           | 27,500 |     
|Convertible note payable dated May 5, 2017 to Essex Global Investment Corp. (purchaser of $20,000 of the convertible note payable dated October 4, 2014), interest at 8%, due on demand (A) |  |           | 20,000 |     
|Note payable dated April 29, 2016 to David Lovatt (consultant to Company), interest at 8%, due on demand                                                                                    |  |           | 20,000 |     
|Note payable dated May 16, 2017 to David Lovatt (consultant to Company), interest at 8%, due on demand                                                                                      |  |           | 6,500  |     
|Note payable dated June 13, 2017 to David Lovatt (consultant to Company), interest at 8%, due on demand                                                                                     |  |           | 15,000 |     
|Note payable dated August 28, 2017 to Green Light Developments, LLC (consultant to Company), interest at 8%, due on demand                                                                  |  |           | 13,000 |     
|Convertible note payable dated February 1, 2018 to Green Light Developments, LLC (consultant to Company), interest at 8%, due on demand (C)                                                 |  |           | 1,200  |     
|Convertible note payable dated February 28, 2018 to Green Light Developments, LLC (consultant to Company), interest at 8%, due on demand (C)                                                |  |           | 2,500  |     
|Convertible note payable dated April 10, 2018 to Green Light Developments, LLC (consultant to Company), interest at 8%, due on demand (C)                                                   |  |           | 5,000  |     
|Convertible note payable dated February 1, 2018 to Leah Grant, interest at 8%, due on demand (C)                                                                                            |  |           | 1,751  |     
|Convertible note payable dated February 1, 2018 to Elliott Polatoff, interest at 8%, due on demand (C)                                                                                      |  |           | 5,000  |     
|                                                                                                                                                                                           

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ARAZU INCORPORATED

Notes to the Financial Statements

For the Years ended April 30, 2018 and 2017





|Convertible note payable dated February 1, 2018 to John Thomas PC, interest at 8%, due on demand (C)                       |  |   | 5,000   |  |  |   | —      | 
|-------------------------------------------------------------------------------------------------------------------------- |  | - | ------- |  |  | - | ------ | 
|Convertible note payable dated February 1, 2018 to David Lovatt (consultant to Company), interest at 8%, due on demand (C) |  |   | 2,684   |  |  |   | 27,500 | 
|Total                                                                                                                      |  | $ | 130,175 |  |  | $ | 72,540 | 



| | (A) | At the option of the holders of the $25,040 convertible note payable
dated October 4, 2014, the holder may convert all or any lesser portion of the Outstanding Principal Amount and accrued but unpaid
interest into Company common stock at a conversion price equal to 58% of the lowest closing price of the previous 10 trading day’s
closing prices. See Note 4, Derivative Liability.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (B) | At the option of the holder of the $27,500 convertible note payable
dated August 10, 2017, the holder may convert all or any lesser portion of the outstanding principal amount and accrued but unpaid
interest into Company common stock at a conversion price equal to 55% of the lowest trading price of the previous 10 trading day’s
prices. See Note 4, Derivative Liability.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (C) | The holder of the note may convert all or any lesser portion of the
outstanding principal amount and accrued but unpaid interest into Company common stock at a conversion price equal to 60% of the
lowest closing stock price of the previous 10 trading day’s closing prices. See Note 4, Derivative Liability.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



NOTE 4 - DERIVATIVE LIABILITY



The derivative liability consists
of:



|                                                                 |  | April 30, 2018 |        | April 30, 2017      
|---------------------------------------------------------------- |  | -------------- | ------ | --------------------
|                                                                 |  | Face Value     |        | Derivative Liability
|Convertible notes payable issued October 4, 2014, due on demand  |  | $              | 25,040 |                     
|Convertible note payable issued August 10, 2017, due on demand   |  |                | 27,500 |                     
|Convertible notes payable issued February 1, 2018, due on demand |  |                | 15,635 |                     
|Convertible note payable issued February 28, 2018, due on demand |  |                | 2,500  |                     
|Convertible note payable issued April 10, 2018, due on demand    |  |                | 5,000  |                     
|Totals                                                           |  | $              | 75,675 |                     



The above convertible notes contain
a variable conversion feature based on the future trading price of the Company common stock. Therefore, the number of shares of
common stock issuable upon conversion of the note is indeterminate. Accordingly, we recorded the fair value of the embedded conversion
features as a derivative liability at the issuance date of the notes. The increase (decrease) in the fair value of the derivative
liability from the issuance

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ARAZU INCORPORATED

Notes to the Financial Statements

For the Years ended April 30, 2018 and 2017



date of the notes to the measurement
dates (none for the periods presented) is charged (credited) to other expense (income). The fair value of the derivative liability
of the notes were measured at the issuance dates and quarterly thereafter using the Black Scholes option pricing model.



Assumptions used for the calculations
of the derivative liability of the notes at April 30 2018 and April 30, 2017 include (1) stock price of $0.05 per share, (2) exercise
prices ranging from $0.0275 to $0.03 per share, (3) term of 0 days, and (4) expected volatility of 290%.



NOTE 5 - STOCKHOLDERS’ DEFICIT



Series A Preferred Stock



In July 2014, the Company issued
1,000,000 shares of its Series A Preferred Stock to the Company’s chief executive officer. Each share of Series A Preferred
Stock has voting rights equal to 200 shares of common stock. The Series A Preferred Stock has no liquidation, dividend, or conversion
rights.



Common Stock



On March 1, 2017, the Company
issued a total of 450,000 shares of common stock to 7 service providers for legal and consulting services rendered to the Company.
The $22,500 fair value ($0.05 per share) of the 450,000 shares of common stock was expensed on the statement of operations in the
three months ended April 30, 2017.



On June 15, 2017, the Company
issued 10,000,000 shares of its common stock to the Company’s chief executive officer for prior services rendered to the
Company. The $100,000 agreed value ($0.01 per share) of the 10,000,000 shares of common stock was expensed on the statement of
operations in the three months ended July 31, 2017.



During the three months ended
July 31, 2017, the Company issued an aggregate of 205,000 shares of common stock for cash in the aggregate amount of $10,250.



NOTE 6 - INCOME TAXES



The Financial Accounting Standards
Board (FASB) has issued FASB ASC 740-10.  FASB ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized
in an enterprise's financial statements.  This standard requires a company to determine whether it is more likely than not
that a tax position will be sustained will be sustained upon examination based upon the technical merits of the position.  If
the more-likely-than-not threshold is met, a company must measure the tax position to determine the amount to recognize in the
financial statements.  For the periods presented, the Company had no material tax positions.



Deferred taxes are provided on
a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit
carryforwards and deferred tax liabilities are recognized for taxable temporary differences.  Temporary differences are the
differences between the reported amounts of assets and liabilities and their tax bases.  Deferred tax assets are reduced by
a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax
assets will not be realized.  Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and
rates on the date of enactment.



At April 30, 2018 the Company
had net operating loss carryforwards of approximately $866,026 that may be offset against future taxable income through 2038. No
tax benefits have been reported in the financial statements, because the potential tax benefits of the net operating loss carry
forwards are offset by a valuation allowance of the same amount.



Due to the change in ownership provisions of the Tax Reform
Act of 1986, net operating loss carryforwards for Federal income tax reporting purposes are subject to annual limitations. Should
a significant change in ownership occur, net operating loss carryforwards may be limited as to use in the future.



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ARAZU INCORPORATED

Notes to the Financial Statements

For the Years ended April 30, 2018 and 2017



Net deferred tax assets consist
of the following components:



|                       |  | April 30,
|---------------------- |  | ---------
|                       |  | 2018     
|                       |  |          
|Deferred tax assets:   |  |          
|NOL Carryover          |  | $        
|Valuation allowance    |  |          
|Net deferred tax asset |  | $        



The income tax provision (benefit) differs from the amount
of income tax determined by applying the U.S. federal income tax rate of 34% to pretax income due to the following:



|                                                                |  | Year Ended April 30,
|--------------------------------------------------------------- |  | --------------------
|                                                                |  | 2018                
|                                                                |  |                     
|Expected tax at 34%                                             |  | $                   
|Non-deductible stock-based compensation                         |  |                     
|Non- deductible amortization of debt discounts                  |  |                     
|Remeasurement of deferred income tax assets from 34% to 21% (a) |  |                     
|Change in valuation allowance                                   |  |                     
|Provision for (benefit from) income taxes                       |  | $                   



| | (a) | As a result of the Tax Cuts and Jobs Act enacted on December 22, 2017, the United States corporate
income tax rate is 21% effective January 1, 2018. Accordingly, we have reduced our deferred income tax asset relating to our net
operating loss carryforward (and the valuation allowance thereon) by $112,584 from $294,449 to $181,865 as of April 30, 2018.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



For all periods presented, the
Company had no unrecognized tax benefits that, if recognized, would affect the effective tax rate.



The Company did not have any tax
positions for which it is reasonably possible that the total amount of unrecognized tax benefits will significantly increase or
decrease within the next 12 months.



The Company includes interest
and penalties arising from the underpayment of income taxes in the statements of operations in the provision for income taxes.
 For all periods presented, the Company had no accrued interest or penalties.



All tax years remain subject to
examination by major taxing jurisdictions.



NOTE 7 - COMMITMENTS AND CONTINGENCIES



Net sales and cost of sales



All revenue included in the accompanying
statements of operations is from the sale of motorcycle parts supplied by a single third party located in the United Kingdom.



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ARAZU INCORPORATED

Notes to the Financial Statements

For the Years ended April 30, 2018 and 2017



Commitments



Executive Employment Agreements



On March 1, 2014, the Company entered
into an employment agreement with Paul Clewlow, the chief executive officer of the Company. The agreement was for a term of three
years and provided for a base salary of $10,000 per month, plus applicable bonuses as are awarded by the Board of Directors from
time to time based on performance, which were payable in stock or cash at the discretion of the Board. On March 1, 2017, the Company
entered into another three year employment agreement with the chief executive officer of the Company with the same terms as the
March 1, 2014 Executive Employment Agreement. The Company, by a vote of a majority of the Board of Directors, may terminate the
agreement at any time by providing at least 90 days written notice to the chief executive officer.



For the years ended April 30, 2018
and 2017, officer compensation expense pursuant to the Executive Employment Agreement was $120,000 and $120,000, respectively.
At April 30, 2018 and April 30, 2017, accrued officer compensation due the Company’s chief executive officer pursuant to
the Executive Employment Agreements was $369,017 and $249,018, respectively.



Service Contracts



On May 1, 2017, the Company entered
into a Consulting Agreement with Green Light Developments, LLC, an entity controlled by David Lovatt (see Note 3). The agreement
was originally for a term of twelve months, was extended for an additional 24 months in May 2018, and provides for monthly compensation
of $12,000. The Company may terminate the agreement at any time by sending 90 days written notice of termination to Green Light
Developments, LLC. For the year ended April 30, 2018, consulting fees expense pursuant to this Consulting Agreement was $144,000.



On May 1, 2017, the Company entered
into a service agreement with Jon Spruce, a service provider of the Company. The agreement was originally for a term of twelve
months, was extended for an additional 24 months in May 2018, and provides for monthly compensation of $5,000. For the year ended
April 30, 2018, consulting fees expense pursuant to this service agreement was $60,000.



NOTE 8 - SUBSEQUENT EVENTS



On May 14, 2018, the Company received
$7,500 cash in connection with the issuance of a $7,500 Convertible Promissory Note payable to Green Light Developments, LLC (consultant
to Company). The note bears interest at 8%, is due on demand, and is convertible into Company common stock at a conversion price
equal to 60% of the lowest closing stock price of the previous 10 trading day’s closing prices.



On June 12, 2018, the Company received
$10,000 cash in connection with the issuance of a $15,000 Convertible Promissory Note payable to Fidelis Capital, LLC. The note
bears interest at 10%, is due on June 5, 2019, and is convertible into Company common stock at a conversion price equal to 50%
of the lowest trading price during the 20 day trading period prior to the Conversion Date.



On August 7, 2018, the Company received
$12,000 cash in connection with the issuance of a $15,000 Convertible Promissory Note payable to Fidelis Capital, LLC. The note
bears interest at 10%, is due on August 1, 2019, and is convertible into Company common stock at a conversion price equal to 50%
of the lowest trading price during the 25 day trading period prior to the Conversion Date.







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ITEM 9. CHANGES IN AND DISAGREEMENTS WITH
ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.



On August 8, 2017, we engaged
Michael T. Studer CPA P.C. (“Studer”), independent registered public accounting firm, as our independent accountant.
Prior to the engagement of Studer, the Company has not consulted with Studer regarding either:



| | a) | the application of accounting principles to a specified
    transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company's financial
    statements, and neither a written report was provided to the Company nor oral advice was provided that Studer concluded was
    an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting
    issue; or
| | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | b) | any matter that was either the subject of a disagreement (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K), or a "reportable event" (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



We have not had any disagreements
with any of our existing accountants during the past two fiscal years.



ITEM 9A. CONTROLS AND PROCEDURES



(a)   We
maintain a system of controls and procedures designed to ensure that information required to be disclosed by us in reports that
we file or submit under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within
time periods specified in the SEC’s rules and forms and to ensure that information required to be disclosed by us in the
reports that we file or submit under the Securities Exchange Act of 1934, as amended, is accumulated and communicated to our management,
including our Chief Executive Officer and Principal Financial Officer, or persons performing similar functions, as appropriate
to allow timely decisions regarding required disclosure. As of April 30, 2018, under the supervision and with the participation
of our Chief Executive Officer and Principal Financial Officer, management has evaluated the effectiveness of the design and operation
of our disclosure controls and procedures. Based on that evaluation, the Chief Executive Officer and Principal Financial Officer
concluded that our disclosure controls and procedures were effective.



As permitted by applicable
SEC rules, this report does not include an attestation report of our independent registered public accounting firm regarding internal
control over financial reporting. Management’s report, which is included below, was not subject to attestation by our registered
public accounting firm pursuant to temporary rules of the SEC that permit us to provide only management’s report in this
annual report.



(b)    There
were no changes in our internal control over financial reporting during the year ended April 30, 2018 that materially affected,
or is reasonably likely to materially affect, our internal controls over financial reporting.



MANAGEMENT’S REPORT ON INTERNAL CONTROLS
OVER FINANCIAL REPORTING



Our management is responsible
for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Rules 13a-15(f)
under the Exchange Act.



Our internal control over
financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and
the preparation of financial statements for external purposes in accordance with generally accepted accounting principles and includes
those policies and procedures that:



| | • | Pertain to the maintenance of records that in reasonable detail accurately
and fairly reflect the transactions and disposition of assets;
| | - | -----------------------------------------------------------------------------------------------------------------------------------------



| | • | Provide reasonable assurance that transactions are recorded as necessary
to permit preparation of financial statements in accordance with generally accepted accounting principles, and that our receipts
and expenditures are being made only in accordance with authorizations of management and our directors; and
| | - | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| | • | Provide reasonable assurance regarding prevention and timely detection
of unauthorized acquisition, use or disposition of our assets that could have a material effect on our financial statements.
| | - | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



Internal control systems,
no matter how well designed, have inherent limitations. Therefore, even those systems that are determined to be effective provide
only reasonable assurance with respect to financial statement preparation and presentation. Also, projections of any evaluation
of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions,
or that the degree of compliance with the policies or procedures may deteriorate.



Management assessed the
effectiveness of our internal control over financial reporting based on criteria for effective internal control over financial
reporting described in Internal Control – Integrated Framework issued by the Committee of Sponsoring Organizations of the
Treadway Commission as determined to apply to a company our size.



Based on its assessment,
management concluded that we maintained effective internal control over financial reporting as of April 30, 2018.



ITEM 9B. OTHER INFORMATION.



None.

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PART III



ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND
CORPORATE GOVERNANCE.



Board of Directors



Our board of directors consists
of the following individual:



|Name and Year First Appointed as Executive Officer |  | Age |  | Background Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|-------------------------------------------------- |  | --- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Paul Clewlow
        (2014)                        |  | 65  |  | Paul Clewlow has served as the Chief Executive Office and Chairman of Arazu Inc. since its inception in March 2014. From January 2005 to present, Mr. Clewlow has served as a principal accountant at Clewlow & Co., Accountants and Certified Bookkeepers. As our sole director, Mr. Clewlow’s experience in finance and familiarity with ExactRep’s products and business qualifies him to be our sole director. Mr. Clewlow’s responsibilities for us include overseeing all aspects of our operations and financial matters. Mr. Clewlow is a resident of the United Kingdom and not of the U.S., and is located outside the U.S. Mr. Clewlow has a General and Two Advance Certification of Education from Binky Park School Coventry in England.



Director Independence



Our sole board member is
not an “independent director” in accordance with the published listing requirements of the NYSE Euronext Stock Exchange.
The independence definition of the NYSE includes a series of objective tests, such as that the director is not, and has not been
for at least three years, one of our employees and that neither the director, nor any of his family members has engaged in various
types of business dealings with us. In addition, we are required to consider “all relevant facts and circumstances”
in making our determination as to the independence of our directors.



Compensation of Directors



Although we anticipate
compensating the members of our board of directors in the future at industry levels, current members are not paid cash compensation
for their service as directors. Directors may be reimbursed for certain expenses incurred in attending board of directors and committee
meetings.



Board of Directors Meetings and Committees



Although various items
were reviewed and approved by the Board of Directors via unanimous written consent during 2016, the Board held no in-person meetings
during the fiscal year ended April 30, 2018.



We do not have Audit or
Compensation Committees of our board of directors. Because of the lack of financial resources available to us, we also do not have
an “audit committee financial expert” as such term is described in Item 401 of Regulation S-K promulgated by the SEC.



Changes in Procedures by which Security
Holders May Recommend Nominees to the Board



Any
security holder who wishes to recommend a prospective director nominee should do so in writing by sending a letter to the Board
of Directors. The letter should be signed, dated and include the name and address of the security holder making the recommendation,
information to enable the Board to verify that the security holder was the holder of record or beneficial owner of the company’s
securities as of the date of the letter, and the name, address and resumé of the potential nominee. Specific minimum qualifications
for directors and director nominees which the Board believes must be met in order to be so considered include, but are not limited
to, management experience, exemplary personal integrity and reputation, sound judgment, and sufficient time to devote to the discharge
of his or her duties. There have been no changes to the procedures by which a security holder may recommend a nominee to the Board
during our most recently ended fiscal year.

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Executive Officers



Paul Clewlow is the Company’s
Chief Executive Officer as well as our principal accounting and financial officer. The business background of Mr. Clewlow is detailed
above.



Section 16(a) Beneficial Ownership Reporting
Compliance



We are required to identify
each person who was an officer, director or beneficial owner of more than 10% of our registered equity securities during our most
recent fiscal year and who failed to file on a timely basis reports required by Section 16(a) of the Securities Exchange Act of
1934.



During the fiscal year
ended April 30, 2018, based solely upon a review of such materials as are required by the Securities and Exchange Commission, no
officer, director or beneficial holder of more than ten percent of our issued and outstanding shares of Common Stock failed to
timely file with the Securities and Exchange Commission any form or report required to be so filed pursuant to Section 16(a) of
the Exchange Act of 1934.



Code of Ethics



The Company expects
that its Officers and Directors will maintain appropriate standards of honesty and ethical conduct in connection with the
performance of their duties on behalf of the Company. In recognition of this expectation, the Company has adopted a Code of
Ethics. The purpose of this Code of Ethics is to codify standards the Company believes are reasonably necessary to deter
wrongdoing and to promote honest and ethical conduct, including the ethical handling of actual or apparent conflicts of
interest between personal and professional relationships and full, fair, accurate, timely and understandable disclosure in
reports and documents that the Company files with, or submits to, the Securities and Exchange Commission (the
“SEC”), or other regulatory bodies and in other public communications made by the Company.



ITEM 11. EXECUTIVE COMPENSATION.



The following table summarizes
the total compensation for the two fiscal years ended April 30, 2018 of each person who served as our principal executive officer
or principal financial and accounting officer collectively, (the “Named Executive Officers”) including any other executive
officer who received more than $100,000 in annual compensation from the Company. We did not award any stock options or non-equity
incentive plan compensation to any Named Executive Officer during the two years ended April 30, 2018, thus these items are omitted
from the table below:



|Name         |  | Position                |      | Year |      | Salary |         | Bonus |         | Stock
        Awards |   | Option |   | Non-equity
        incentive plan
        compensation |          | Non- qualified
        deferred
        compensation |   | All other
        Compensation |   | Total
|------------ |  | ----------------------- | ---- | ---- | ---- | ------ | ------- | ----- | ------- | -------------------- | - | ------ | - | ------------------------------------------------------ | -------- | ---------------------------------------------------- | - | ------------------------------ | - | -----
|Paul Clewlow |  | Chief Executive Officer |      |      | 2017 |        |         | $     | 120,000 | (1)                  |   |        | 0 |                                                        |          |                                                      | 0 |                                |   |      
|             |  |                         | 2018 |      |      | $      | 120,000 | (1)   |         |                      | 0 |        |   |                                                        | $100,000 | (2)                                                  |   |                                | 0 |      
|             |  |                         |      |      |      |        |         |       |         |                      |   |        |   |                                                        |          |                                                      |   |                                |   |      
|             |  |                         |      |      |      |        |         |       |         |                      |   |        |   |                                                        |          |                                                      |   |                                |   |      



| | (1) | $10,000 per month salary accrued, of which $2,000 was paid in 2018
and $5,300 was paid in 2017.
| | --- | -----------------------------------------------------------------------------------------------

| | (2) | On June 15, 2017, the Company issued 10,000,000 common shares of
the Company to Paul Clewlow, the Company’s Chief Executive Officer in exchange for services provided to the Company. We valued
the shares at $0.01 per share or $100,000.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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Summary Equity Awards Table



The following table sets
forth certain information for our executive officers concerning unexercised options, stock that has not vested, and equity incentive
plan awards as of April 30, 2018.



OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END
APRIL 30, 2018



|             |  | Number ofSecuritiesUnderlyingUnexercisedOptions(#)Exercisable |   | Number ofSecuritiesUnderlyingUnexercisedOptions(#)Unexercisable |  | EquityIncentivePlanAwards:Number ofSecuritiesUnderlyingUnexercisedUnearnedOptions(#) |   | OptionExercisePrice($) |  | OptionExpirationDate |   | NumberofSharesor Unitsof StockThatHaveNotVested(#) |  | MarketValueofSharesor Unitsof StockThatHaveNotVested($) |   | EquityIncentivePlanAwards:NumberOfUnearnedShares,Units orOtherRightsThatHave NotVested(#) |  | EquityIncentivePlanAwards:MarketorPayoutValue ofUnearnedShares,Units orOtherRightsThatHave NotVested($)
|------------ |  | ------------------------------------------------------------- | - | --------------------------------------------------------------- |  | ------------------------------------------------------------------------------------ | - | ---------------------- |  | -------------------- | - | -------------------------------------------------- |  | ------------------------------------------------------- | - | ----------------------------------------------------------------------------------------- |  | -------------------------------------------------------------------------------------------------------
|             |  |                                                               |   |                                                                 |  |                                                                                      |   |                        |  |                      |   |                                                    |  |                                                         |   |                                                                                           |  |                                                                                                        
|Paul Clewlow |  |                                                               | 0 |                                                                 |  |                                                                                      | 0 |                        |  |                      | 0 |                                                    |  |                                                         | 0 |                                                                                           |  |                                                                                                        
|             |  |                                                               |   |                                                                 |  |                                                                                      |   |                        |  |                      |   |                                                    |  |                                                         |   |                                                                                           |  |                                                                                                        



ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.



The following table sets
forth the beneficial ownership of each of our directors and executive officers, and each person known to us to beneficially own
5% or more of the outstanding shares of our common stock, and our executive officers and directors as a group, as of September
14, 2018. Beneficial ownership is determined in accordance with the rules of the SEC and includes voting or investment power with
respect to the securities. Unless otherwise indicated, we believe that each beneficial owner set forth in the table has sole voting
and investment power and has the same address as us. Our address is The Office, 23 Barton Road, Market Bosworth, Warwickshire,
England CV13 0LQ U.K. The following table describes the ownership of our voting securities, based on 31,209,000 shares of common
stock, and 1,000,000 shares of Series A Preferred Stock issued and outstanding held by (i) each of our officers and directors,
(ii) all of our officers and directors as a group, and (iii) each person known to us to own beneficially more than 5% of our common
stock or any shares of our preferred stock.



|Name of
        Beneficial Owner(1)                      | Number of Common Shares
        Beneficially Owned(2) | Percent
        of Class(3)
|-------------------------------------------------------- | ----------------------------------------------------- | ---------------------------
|Paul Clewlow(4)                                          | 20,000,000                                            | 64.08%                     
|David Lovatt                                             | 2,020,000                                             | 6.472%                     
|Ditto Media Solutions, Inc.                              | 2,100,000                                             | 6.729%                     
|All officers and directors as a group
        (1 person) | 20,000,000                                            | 64.08%                     



(1)     The address of
each officer, director, and beneficial owner is c/o Arazu Incorporated, The Office, 23 Barton Road, Market Bosworth, Warwickshire,
England CV13 0LQ U.K.

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(2)     The number of shares
of Common stock beneficially owned by any shareholder is determined by the sum of (i) all shares of common stock held directly
or indirectly by such shareholder, and (ii) shares of common stock subject to options, warrants and/or conversion rights deemed
beneficially owned by the shareholder that are currently exercisable or exercisable within 60 days.



(3)     The calculation
of percentage of beneficial ownership is based upon: (i) 31,209,000 shares of common stock issued and outstanding as of September
14, 2018, and (ii) shares of common stock subject to options, warrants and/or conversion rights deemed beneficially held by the
shareholder that are currently exercisable or exercisable within 60 days. The percentage ownership of any shareholder is determined
by assuming that the shareholder has exercised all options, warrants, and conversion rights to obtain additional securities, and
that no other shareholder has exercised such rights. Except as otherwise indicated below, the persons and entity named in the table
have sole voting and investment power with respect to all shares of common stock and voting rights shown as beneficially owned
by them, subject to applicable community property laws.



(4)     Chief Executive
Officer and Chairman of the Board of Directors of the Company. Excludes 1,000,000 Series A Preferred Shares held directly by Mr.
Clewlow. Although the Series A Preferred Stock carry no dividend, distribution, liquidation or conversion rights, each share of
Series A Preferred Stock holds two hundred (200) votes per share. If the votes of the Series A Preferred Stock are taken into account,
Mr. Clewlow would beneficially hold 95.15% of the voting securities of the Company.



DESCRIPTION
OF CAPITAL STOCK



Arazu was organized as
a corporation under the laws of the State of Florida on March 3, 2014. Our authorized capital stock consists of 340,000,000 shares
of common stock, par value $0.0001 per share and 10,000,000 shares of preferred stock, par value $0.0001 per share. As of September
14, 2018, there were approximately 39 record holders of our common stock. There are no outstanding options or warrants to purchase
our stock.



Our Articles of Incorporation
provide that our board of directors may not amend our Articles of Incorporation without approval of our shareholders, including
holders of our preferred shares. A decrease or increase in the number of shares of capital stock which we may issue would require
an amendment of our Articles of Incorporation



As of September 14, we
had 31,209,000 shares of Common stock issued and outstanding and 1,000,000 shares of preferred stock issued and outstanding.



Common Stock



We may issue up to 340,000,000
shares of common stock. Distributions may be paid to the holders of our common stock if, as and when authorized by our board of
directors and declared by us out of assets legally available therefor. Shares of our common stock have no preemptive, conversion
or redemption rights and are freely transferable, except where their transfer is restricted by federal and state securities laws
or by contract. In the event of our liquidation, dissolution or winding up, each share of our common stock would be entitled to
share ratably in all of our assets that are legally available for distribution after we pay all debts and other liabilities and
subject to any preferential rights of holders of our preferred stock, if any preferred stock is outstanding at such time. Each
share of our common stock is entitled to one vote on an as converted basis on all matters submitted to a vote of stockholders,
including the election of directors. Accordingly, the holders of more than fifty percent (50%) of the total voting rights on matters
presented to our common stockholders can elect all of our directors and, in such event, the holders of the remaining minority shares
will not be able to elect any such directors. The vote of the holders of a majority of the holders entitled to vote on matters
submitted to our common stockholders including of our Series A Preferred Shares described below is sufficient to authorize, affirm,
ratify, or consent to such act or action, except as otherwise provided by law.



To date, we have paid no
cash dividends on our shares of common stock. Any future disposition of dividends will be at the discretion of our Board of directors
and will depend upon, among other things, our future earnings, operating and financial condition, capital requirements, and other
factors. We have no present plans for future cash or stock dividends. We intend to retain future earnings, if any, to provide funds
for operation of our business.

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Holders of our common stock
have no preemptive rights. All outstanding shares of our common stock are validly issued, fully paid and non-assessable.



All shares of common stock
outstanding are validly issued, fully paid and non-assessable.



Preferred Stock



We may issue up to 10,000,000
shares of preferred stock, par value $0.0001 per share. 1,000,000 total preferred shares are issued and outstanding as of April
30, 2018 as follows:



•1,000,000
shares of Series A Preferred Stock. Although the Series A Preferred Stock carries no dividend, distribution, liquidation
or conversion rights, shares of Series A Preferred Stock issued and outstanding hold two hundred (200) votes per share.
Holders of shares of Series A Preferred Stock are able to vote together with our common stockholders on all matters.
Consequently, the holders of our Series A Preferred Stock are able to unilaterally control the election of our board of
directors and, ultimately the direction of our Company. Additionally, so long as any shares of Series A Preferred Stock
remain outstanding, we shall not, without the written consent or affirmative vote of the holders of one hundred percent
(100%) of the outstanding shares of the Series A Preferred Stock, (i) amend, alter, waive, or repeal, whether by merger
consolidation, combination, reclassification, or otherwise, the Articles of Incorporation, including the Certificate of
Designation for Series A Preferred Stock, or our By-laws or any provisions thereof (including the adoption of a new provision
thereof), and (ii) create, authorize or issue any class, series or shares of Preferred Stock or any other class of capital
stock. The vote of the holders of at least one-hundred percent (100%) of the outstanding Series A Preferred Stock, voting
separately as one class, shall be necessary to adopt any alteration, amendment or repeal of any provisions of this
Resolution, in addition to any other vote of stockholders required by law.



Disclosure of Commission Position on Indemnification
for Securities Act Liabilities



Insofar as indemnification
for liabilities arising under the Securities Act may be permitted to our directors, officers and controlling persons pursuant to
the provisions above, or otherwise, we have been advised that in the opinion of the SEC such indemnification is against public
policy as expressed in the Securities Act, and is, therefore, unenforceable.



In the event that a claim
for indemnification against such liabilities, other than the payment by us of expenses incurred or paid by one of our directors,
officers, or controlling persons in the successful defense of any action, suit or proceeding, is asserted by one of our directors,
officers, or controlling persons in connection with the securities being registered, we will, unless in the opinion of our counsel
the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification
is against public policy as expressed in the Securities Act, and we will be governed by the final adjudication of such issue



Provisions of Our Charter and Bylaws



Our charter and bylaws
provide that our board of directors will have the exclusive power to make, alter, amend or repeal any provision of our bylaws.



Florida Anti-Takeover Laws



As a Florida corporation,
we are subject to certain anti-takeover provisions that apply to public corporations under Florida law. Section § 607.0902
(2016) of the Florida Act (the “Control Share Act”) applies to “control shares” of an “issuing public
corporation.” The Control Share Act defines “control shares” as the shares of an issuing public corporation that
would entitle a person to exercise voting power within any of the following ranges of voting power:



| | • | 1/5 or more but less than 1/3 of all voting power.
| | - | --------------------------------------------------



| | • | 1/3 or more but less than a majority of all voting power.
| | - | ---------------------------------------------------------



| | • | A majority or more of all voting power.
| | - | ---------------------------------------



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(FL Stat § 607.0902(1) (2016))



The Control Share Act defines
an issuing public corporation as a corporation, other than a depository institution, that is organized under the laws of the state
of Florida and that has all of the following:



| | • | 100 or more shareholders.
| | - | -------------------------



| | • | Its principal place of business, its principal office, or substantial assets in the state of Florida.
| | - | -----------------------------------------------------------------------------------------------------



| |  | Either:
| |  | -------



| | • | more than 10% of its shareholders residing in the state of Florida;
| | - | -------------------------------------------------------------------



| | • | more than 10% of its shares owned by Florida residents; or
| | - | ----------------------------------------------------------



| | • | 1,000 shareholders residing in the state of Florida.
| | - | ----------------------------------------------------



(FL Stat § 607.0902(4)(a) (2016))



Any person who proposes
to make or has made a control share acquisition (as defined in the Control Share Act) may deliver an acquiring person statement
to the public corporation. The statement must contain:



| | • | The identity of the acquiring person and each other member of any group of which the person belongs to.
| | - | -------------------------------------------------------------------------------------------------------



| | • | A statement that the acquisition statement is given under the Control Share Act.
| | - | --------------------------------------------------------------------------------



| | • | The number of shares of the public corporation owned by the acquiring person and each other member of the group.
| | - | ----------------------------------------------------------------------------------------------------------------



| | • | The range of voting power under which the control share acquisition falls, if completed.
| | - | ----------------------------------------------------------------------------------------



| |  | If the control share acquisition has not taken
        place:
| |  | -------------------------------------------------------------



| | • | a description in reasonable detail of the proposed control share acquisition; and
| | - | ---------------------------------------------------------------------------------



| | • | a statement by the acquiring person stating that the acquisition is not contrary to law and that the acquiring person has the financial capacity to make the proposed control share acquisition.
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



(FL Stat § 607.0902(6) (2016))



After the acquiring person
statement has been delivered to the corporation, the corporation must call a meeting of the shareholders to vote on the proposed
acquisition. The proposed acquisition must be approved by each voting group entitled to vote, voting separately, by a majority
of the votes entitled to be cast by that group (excluding all interested shares). (FL Stat § 607.0902(8) (2016))



Board of Directors
Meetings and Committees



Although
various items were reviewed and approved by the Board of Directors via unanimous written consent during 2018, the Board held no
formal meetings during the fiscal year ended April 30, 2018.



The
Company does not have Audit or Compensation Committees of the Board of Directors. Because of the lack of financial resources available
to the Company, the Company also does not have an “audit committee financial expert” as such term is described in Item
401 of Regulation S-K promulgated by the Securities and Exchange Commission.



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Compensation of
Directors



Although
the Company anticipates compensating the members of its Board of Directors in the future at industry levels, current members are
not paid cash compensation for their service as directors. Each director may be reimbursed for certain expenses incurred in attending
Board of Directors and committee meetings.



ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND
DIRECTOR INDEPENDENCE.



Certain Relationships and Related Transactions



On March 3, 2014, and June
15, 2017 respectively, the Company issued an aggregate of 20,000,000 common shares of the Company to Paul Clewlow, the Company’s
Chief Executive Officer in exchange for services provided to the Company. We valued the shares at $0.0001 and $0.01 per share or
an aggregate of $100,100. On July 24, 2014, we issued 1,000,000 shares of our series A Preferred Stock to Paul Clewlow in exchange
for services rendered to us. We valued these shares at $0.001 per share or $1,000. On March 3, 2014, we entered into a three-year
employment agreement with Mr. Clewlow whereby we agreed to pay him a base salary of $10,000 per month, plus applicable bonuses
as are awarded by the Board of Directors from time to time based on performance, which may either be paid in stock or cash at the
discretion of the Board. During the period from March 3, 2014 (inception) to April 30, 2018, we paid cash to Mr. Clewlow of $132,982.
Remaining amounts due under the agreement accrued.



Our principal executive
offices are made available by Paul Clewlow, our Chief Executive Officer. To date, we have not paid any rent to Mr. Clewlow for
our 500 square foot office located at The Office, 23 Barton Road, Market Bosworth, Warwickshire, England CV13 0LQ U.K. Additionally,
Mr. Clewlow provides all office related equipment and communication lines. If we obtain sufficient financing, we intend to find
an alternative office facility and enter a long-term office lease at prevailing market rates.



Director Independence



The Company’s
sole board member Paul Clewlow is not considered an “independent director” in accordance with the published
listing requirements of the NYSE Euronext Stock Exchange. The independence definition of the NYSE includes a series of
objective tests, such as that the director is not, and has not been for at least three years, one of our employees and that
neither the director, nor any of his family members has engaged in various types of business dealings with us. In addition,
we are required to consider “all relevant facts and circumstances” in making our determination as to the
independence of our directors. We have not established any board committees. We hope in the future to add an independent
director and establish one or more board committees, including an audit committee.



ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES.



The following table sets
forth fees paid to our independent registered public accounting firm Michael T. Studer CPA P.C. for the years ended April 30, 2018
and 2017.



|                   |  | 2018 |        | 2017
|------------------ |  | ---- | ------ | ----
|Audit Fees         |  | $    | 12,500 |     
|Audit Related Fees |  |      | -0-    |     
|Tax Fees           |  |      | -0-    |     
|All Other Fees     |  |      | -0-    |     
|Total Fees         |  | $    | 12,500 |     



It is the policy of
the Board of Directors, which presently completes the functions of the Audit Committee, to engage the independent accountants
selected to conduct our financial audit and to confirm, prior to such engagement, that such independent accountants are
independent of the company. All services of the independent registered accounting firms reflected above were pre-approved by
the Board of Directors.

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PART IV



ITEM 15. EXHIBITS.



The following exhibits are filed with or incorporated
by referenced in this report:



|Exhibit Number |  | Description                                                                                                                    
|-------------- |  | -------------------------------------------------------------------------------------------------------------------------------
|3.1            |  | Articles of Incorporation of Arazu Incorporated (incorporated by reference to Exhibit 3.1 to Form S-1 filed on August 4, 2014).
|3.2            |  | Bylaws of Arazu Incorporated  (incorporated by reference to Exhibit 3.3 to Form S-1 filed on August 4, 2014).                  
|10.1.          |  | Form of Indemnification Agreement                                                                                              
|14.1           |  | Code of Ethics for the Registrant.                                                                                             
|31.1           |  | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 for Paul Clewlow.                                      
|32             |  | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for Paul Clewlow.                                      









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SIGNATURES



In accordance with Section
13 or 15(d) of the Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.



|                          |                                                                            | ARAZU INCORPORATED
|------------------------- | -------------------------------------------------------------------------- | ------------------
|                          |                                                                            |                   
|                          |                                                                            |                   
|                          | /s/ Paul Clewlow                                                          
|Dated: September 19, 2018 | By: Paul Clewlow, Chief Executive Officer, and Principal Financial Officer



In
accordance with the Exchange Act, this Report has been signed below by the following persons on behalf of the Company and in the
capacities and on the dates indicated.



|/s/ Paul Clewlow |  | Chief Executive Officer and Director | September 19, 2018
|---------------- |  | ------------------------------------ | ------------------
|Paul Clewlow     |  |                                     











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