AVNI · Arvana Inc

The Issuer entered into a consulting services agreement with Bondock LLC pursuant to which 12,500,000 restricted common shares were issued to the Reporting Persons, valued at $12,500 based on the par value of the shares, to assist in the launch of a real estate business that will focus on converting vacant malls, outlet locations, and other viable commercial spaces into distinctive entertainment venues tailored for specialty entertainment providers and related retailers.

Bondock LLC is wholly owned by the Reporting Person.

The Issuer entered into a consulting services agreement with Bondock LLC pursuant to which it issued 12,500,000 restricted common shares to the Reporting Person, valued at $12,500 based on the par value of the shares, to assist in the launch of a real estate business that will focus on converting vacant malls, outlet locations, and other viable commercial spaces into distinctive entertainment venues tailored for specialty entertainment providers and related retailers.

The Reporting Person's stock options constitute his compensation for service on the Issuer's board of directors.

The Reporting Person's stock options constitute his compensation for service on the Issuer's board of directors.

The Reporting Person's stock options constitute his compensation for service on the Issuer's board of directors.

The Reporting Person's stock options constitute his compensation for service on the Issuer's board of directors.

The Reporting Person's stock options constitute his compensation for service on the Issuer's board of directors.

The Reporting Person is the beneficial owner of Orsa & Company, which entity settled amounts due for services rendered in the aggregate amount of $40,000 in exchange for the shares of common stock.

The Reporting Person directly and indirectly sold shares of Arvana Inc. common stock in a private transaction that transferred control of the Issuer to Bondock LLC effective May 10, 2022, (as reported to the Commission on Form 8-K dated May 17, 2022).

The Reporting Person directly and indirectly sold shares of Arvana Inc. common stock in a private transaction that transferred control of the Issuer to Bondock LLC effective May 10, 2022, (as reported to the Commission on Form 8-K dated May 17, 2022).

The Reporting Person disposed of shares of the Issuer's common stock in a private transaction effective May 10, 2022 (as reported to the Commission on Form 8-K dated May 17, 2022).

The Reporting Person directly and indirectly sold shares of Arvana Inc. common stock in a private transaction that transferred control of the Issuer to Bondock LLC effective May 10, 2022, (as reported to the Commission on Form 8-K dated May 17, 2022).

The Reporting Person has the legal title to the underlying common shares, although the voting rights for which shares (including the resultant transfer of control over the Issuer), effective June. 30, 2021,(as reported to the Commission on July 7, 2021, and July 29, 2021), were conveyed to a third person, without the power to dispose or direct the disposition of said shares, for a fourteen (14) month period that commenced on the effective date to act as inducement to secure an operating asset or business combination for the Issuer with an enterprise owned or controlled by said third person pursuant to a transaction yet to be identified.

The Reporting Person acquired shares of Issuer's common stock pursuant to the terms and conditions of a settlement agreement and release (as reported to the Commission on Form 8-K dated July 29, 2021).

On July 23, 2021, proxies were granted in favor of Reporting Person, by extension or origination, over 28,488,336 shares of Issuer's common stock by Mr. Altaf Nazerali, two entities controlled by him and certain other stockholders of the Issuer, for a total of 31,118,506 shares or 91.13% of the total issued and outstanding common shares of Issuer under the voting control of Reporting Person. All proxies conveyed to Reporting Person are irrevocable by those who granted the proxies for fourteen (14) months subsequent to June 30, 2021.

Voting control over the aforesaid common shares of the Issuer was granted to the Reporting Person to induce Reporting Person to cause an operating asset or business owned or controlled by Reporting Person to enter into a business transaction with the Issuer.

Pursuant to Commission Rule 13d-3, the Reporting Person does not have legal title to the underlying common shares but may be considered for purposes of the Rule as the beneficial owner of securities over which he has voting power through the stated proxies.

The Reporting Person has legal title to and all voting rights underlying the common shares over which he exercise beneficial control given that the voting rights for which shares (including the resultant transfer of control over the Issuer), effective October 29, 2021,(as reported to the Commission on Form 8-K dated November 10, 2021), were restored to him by a third person on said date.

The Reporting Person has the legal title to the underlying common shares, although the voting rights for which shares (including the resultant transfer of control over the Issuer), effective June. 30, 2021,(as reported to the Commission on July 7, 2021, and July 29, 2021), were conveyed to a third person, without the power to dispose or direct the disposition of said shares, for a fourteen (14) month period that commenced on the effective date to act as inducement to secure an operating asset or business combination for the Issuer with an enterprise owned or controlled by said third person pursuant to a transaction yet to be identified.

The Reporting Person has legal title to and all voting rights underlying the common shares over which he exercise beneficial control given that the voting rights for which shares (including the resultant transfer of control over the Issuer), effective October 29, 2021,(as reported to the Commission on Form 8-K dated November 10, 2021), were restored to him by a third person on said date.