What changed in this filing

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Item 9A. Controls and Procedures

2026-06-05 compared with 2025-06-09 · 41 added, 18 removed, 726 unchanged (8% of the section changed)

20 unchanged sentences

on our evaluation under the 2013 Internal Control-Integrated Framework, our chief executive officer and chief financial officer concluded

that our internal control over financial reporting was not effective as of December 31, 2024.

a lack of sufficient in-house qualified accounting staff;

that our internal control over financial reporting was not effective as of December 31, 2024 due to the following material weaknesses:

a lack of sufficient in-house qualified accounting staff with the appropriate level of knowledge and experience in the application of U.S.

GAAP and SEC financial reporting

requirements;

inadequate controls and segregation of duties due to limited resources and number of employees;

1 unchanged sentence

require us using consultants;

mitigate the items identified in the assessment, we rely heavily on direct management oversight of transactions, along with the use of

legal and accounting professionals/consultants.

As we grow, we expect to increase the number of employees, which would enable us to implement

adequate segregation of duties within the internal control framework.

● ineffective

controls over the review and presentation of financial statement disclosures, including stockholders’ equity account balances,

roll forwards, and related disclosures, which resulted in errors requiring restatement and amendments to previously issued financial statements.

Management has implemented and continues to enhance controls and review

procedures relating to the preparation and review of financial statements and related disclosures, including additional review controls

over stockholders’ equity rollforwards, account reconciliations, cross-referencing of financial statement disclosures, and financial

statement presentation.

In response to the errors identified in connection with the restatement and amendments to previously issued financial

statements, the Company has implemented enhanced multi-level review procedures designed to improve the accuracy and consistency of stockholders’

equity balances and related disclosures included in its filings with the SEC.

The Company also plans to strengthen its accounting and financial reporting function by hiring additional qualified

accounting personnel with relevant U.S.

GAAP and SEC reporting experience and continuing to engage external accounting professionals and

consultants with technical accounting expertise.

In addition, the Company intends to formalize accounting policies and procedures and

provide additional training relating to financial reporting and disclosure requirements.

Management is currently in the process of implementing and testing these enhanced controls and remediation measures

and expects to continue remediation efforts throughout fiscal year 2025.

However, the material weaknesses cannot be considered remediated

until the applicable controls have operated for a sufficient period of time and management has concluded, through testing, that these

controls are operating effectively.

Management continues to perform monitoring and oversight activities as part of the remediation process;

such activities are not considered sufficient to remediate the identified material weaknesses.

Changes in Internal Control over Financial Reporting

have been no other changes in our internal control over financial reporting that occurred during the period covered by this Annual

Report on Form 10-K for the year ended December 31, 2024, that have materially affected, or are reasonably likely to materially

affect, our internal control over financial reporting.

than the enhanced review procedures and remediation efforts described above, there have been no other changes in our internal

control over financial reporting that occurred during the period covered by this Annual Report on Form 10-K for the year ended

December 31, 2024, that have materially affected, or are reasonably likely to materially affect, our internal control over financial

OTHER INFORMATION

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In addition, as part of the agreement Mr.

Mahdi was issued 500,000 shares of our

common stock, as additional compensation.

Mahdi was issued 833 shares of our common

stock, as additional compensation.

March 24, 2023, we entered into an at-will employment agreement with Mr.

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and outstanding as of March 31, 2025.

We do not have any outstanding options, warrants exercisable for, or other securities convertible

into shares of our common stock within the next 60 days which are deemed beneficially owned by the holder thereof, which are required

to be disclosed below.

Unless otherwise indicated, the address of each beneficial owner listed in the table below is care of our company,

Clean Energy Technologies, Inc., 1340 Reynolds Avenue, Unit 120, Irvine, California, 92614.

We do not have any outstanding options, warrants exercisable for, or other securities

convertible into shares of our common stock within the next 60 days which are deemed beneficially owned by the holder thereof, which

are required to be disclosed below.

Unless otherwise indicated, the address of each beneficial owner listed in the table below is

care of our company, Clean Energy Technologies, Inc., 1340 Reynolds Avenue, Unit 120, Irvine, California, 92614.

Name of Beneficial Owners (1)

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All directors and officers as a group

Consists of 24,044,101 shares of common stock held by MGW Investment I Limited (“MGWI”).

Our CFO and director, Calvin Pang, has voting and investment power with respect to common stock held by MGW Investment I Limited

of 1,602,940 shares of common stock held by MGW Investment I Limited (“MGWI”).

Our CFO and director, Calvin Pang, has

voting and investment power with respect to common stock held by MGW Investment I Limited

of 154,503 shares of common stock held by the Kambiz and Bahareh Mahdi Living Trust, and deemed to be beneficially owned by our CEO

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of subsidiaries of the Company (included as Exhibit 21.1 to Form 10-K filed on April 17, 2023).

Consent of the Independent Audtior

Certification of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

14 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K/A

Item 9A. Controls and Procedures