Voltu3 Reservation Agreement

Effective date: 10 November 2026 

This Voltu3 Reservation Agreement (the “Agreement”) is between the person or entity submitting the reservation (“you” or “Reservation Holder”) and Voltu Motor Inc. (“Voltu,” “we,” “us,” or “our”). By affirmatively accepting this Agreement and submitting the reservation payment, you agree to be bound by this Agreement. 

1. Order Delivery Confirmation

“Order Delivery Confirmation” means the point at which you affirmatively accept the final vehicle configuration, the definitive vehicle-purchase agreement, the final purchase price and other applicable purchase terms, and the delivery window, location and arrangements presented by Voltu or the applicable Authorized Dealer. Order Delivery Confirmation is not the physical delivery or receipt of the vehicle. 

“Authorized Dealer” means a dealer authorized by Voltu to participate in the sale, documentation, registration or delivery of the Voltu3 for the applicable transaction. 

Order Delivery Confirmation occurs only through a separate affirmative acceptance process. Your reservation will not automatically convert into a confirmed order, and Voltu will not treat silence, inactivity or the passage of time as your acceptance. 

2. Reservation only; no vehicle purchase

Your reservation records your purchase interest and the preliminary vehicle configuration selected during checkout. 

Your reservation does not constitute a vehicle purchase or sale, binding vehicle order, purchase agreement, production authorization, allocation of a specific vehicle or VIN, financing or lease approval, or guarantee of delivery. 

Neither you nor Voltu is obligated to complete a vehicle purchase. A binding purchase obligation arises only when you complete Order Delivery Confirmation and execute the applicable definitive vehicle-purchase documents. 

3. Eligibility and customer information

Reservations may be submitted by individuals, professionals, owner-operators and authorized representatives of any business. You must be at least 18 years of age and legally capable of entering into this Agreement. If you submit a reservation on behalf of an entity, you represent and warrant that you have authority to bind that entity to this Agreement. 

You agree to provide accurate and current information needed to administer the reservation, including your legal or entity name, authorized contact if applicable, email address, telephone number, state and ZIP Code. 

Voltu may decline, suspend or cancel a reservation involving inaccurate, incomplete, fraudulent, duplicate, automated, abusive, legally restricted or unauthorized information or payment activity. 

4. Reservation payment and purchase credit

The reservation payment is $250 in U.S. dollars for each vehicle reserved. The payment is charged when you submit the reservation and payment is successfully processed. 

Payment processing is provided through Stripe. Voltu does not store your payment-card number or card security code. 

The reservation payment does not earn interest and is not held in escrow or trust. If you complete a vehicle purchase, the full $250 reservation payment for that vehicle will be credited toward its purchase price. 

5. Refundability and cancellation before confirmation

You may cancel your reservation for any reason and receive a full refund of the $250 reservation payment at any time before Order Delivery Confirmation. 

Before Order Delivery Confirmation, you may request cancellation of your reservation and a refund by emailing sales@voltumotor.com. Your request must include the Reservation Holder’s full legal name, current contact information and the Voltu Reservation ID identified in the reservation confirmation. Voltu may also request the applicable Stripe payment or receipt identifier and any additional information reasonably necessary to verify the identity and authority of the person submitting the request before processing the cancellation and refund. 

Refunds ordinarily will be returned to the original payment method. If that method is unavailable, Voltu may require reasonable identity and payee verification before issuing a refund through a lawful alternative method. 

Voltu will provide a refund confirmation. Your bank or card issuer controls when the refund is posted to your account.

6. Cancellation after confirmation

After Order Delivery Confirmation, cancellation, refund, deposit, liquidated-damages and other termination terms will be governed solely by the definitive vehicle-purchase documents you accepted. Those terms will be presented before you are asked to confirm the order. 

7. Configuration and displayed pricing

Your reservation records the preliminary model, cab, bed, color, equipment and available options selected during checkout. 

The website may display a configured vehicle price and will identify included equipment and optional accessories separately. Any displayed amount is the published amount at that time and is not a binding offer to sell a specific vehicle at that price. 

Before Order Delivery Confirmation, you may request configuration changes, subject to then-current availability, updated pricing and an updated delivery estimate. Voltu or the applicable Authorized Dealer must accept the change before it becomes part of the reservation. 

Final purchase documents will itemize the vehicle price and applicable destination or delivery charges, taxes, title, registration, applicable dealer or documentation fees, financing charges, special requests, upfits, charging-site work, permitting, utility work, electrical work, installation and other transaction-specific charges or exclusions. 

Any price protection offered by Voltu or the applicable Authorized Dealer will apply only for the duration, configuration and charges expressly stated in writing. 

8. Optional test drive

After successfully submitting the reservation payment, you may request a test drive before Order Delivery Confirmation. Test drives are offered only to Reservation Holders and are subject to vehicle availability, selected locations, available appointment times and the applicable participation requirements of Voltu or the Authorized Dealer conducting the test drive. 

A reservation allows you to request a test drive but does not guarantee or entitle you to a test drive or a particular vehicle, location, date or appointment time. Voltu or the applicable Authorized Dealer may decline, postpone, reschedule or cancel a test-drive request based on availability, operational requirements, safety considerations or failure to satisfy applicable participation requirements. 

Test-drive booking may require your preferred location and date, contact information, intended vehicle use, a valid driver’s license, proof of insurance and satisfaction of other reasonable eligibility or safety requirements. A test drive is scheduled only after Voltu or the applicable Authorized Dealer provides an appointment confirmation. 

A test drive is provided without an additional test-drive fee unless Voltu clearly discloses otherwise before confirming the appointment. Completing, declining or being unable to schedule a test drive does not confirm a vehicle purchase and does not affect your right to cancel the reservation and receive a full refund before Order Delivery Confirmation.

9. Pre-confirmation ownership review

Before requesting Order Delivery Confirmation, Voltu or the applicable Authorized Dealer may offer or coordinate one or more of the following reviews, as applicable. Participation in or completion of any such review does not obligate you, Voltu or the applicable Authorized Dealer to complete a vehicle purchase: 

• Financing: cash purchase planning or a third-party financing application, subject to lender approval. 

• Charging: review of the parking location, electrical supply and practical charging options. 

• Vehicle fit: review of expected daily mileage, payload, towing, body and upfit requirements. 

• Service: written warranty, available service coverage and support arrangements. 

• Delivery: delivery location, applicable charges, estimated timing and required documents.

10. Final disclosures and Order Delivery Confirmation

Before requesting Order Delivery Confirmation, Voltu or the applicable Authorized Dealer will provide, as applicable to your transaction: 

final vehicle specification; 

1. final purchase price and itemized charges; 

1. financing approval or agreed payment arrangements, if applicable; 

1. included charging equipment and the parties’ installation responsibilities; 

1. warranty and service terms; 

1. agreed delivery window and location; 

1. remaining payment schedule; and 

1. cancellation and refund terms applicable after confirmation. 

Your reservation remains fully refundable until you complete Order Delivery Confirmation. Upon your affirmative acceptance of the definitive vehicle-purchase agreement and delivery arrangements, the refundability of any amounts paid and your cancellation rights will be governed exclusively by those definitive documents.

11. Estimated delivery timing

Reservations under this Agreement are accepted only for prospective vehicle purchases and deliveries within the United States. This Agreement does not apply to deliveries in Canada or any other jurisdiction outside the United States. Acceptance of a reservation does not mean that the vehicle is currently available for sale or delivery in the Reservation Holder’s state or location. 

Initial vehicle availability is being offered in California, subject to confirmation by Voltu or the applicable Authorized Dealer for the Reservation Holder’s specific location and transaction. Voltu currently plans to expand availability across additional West Coast markets and throughout the United States during 2027. This planned expansion and any related dates or geographic descriptions are estimates only, may change, and do not constitute a promise or guarantee that sales or deliveries will begin in any state or location by a particular date. 

A Voltu sales representative or Authorized Dealer will review the Reservation Holder’s proposed delivery location and communicate the then-current availability, applicable requirements and estimated timing. Any preliminary availability or timing communicated by a Voltu sales representative or Authorized Dealer is informational only and does not constitute confirmation that Voltu or the applicable Authorized Dealer can sell, register, service or deliver a vehicle in that location. Availability for the Reservation Holder’s specific location and transaction is confirmed only through written confirmation provided by Voltu or the applicable Authorized Dealer in connection with Order Delivery Confirmation. 

For a location and transaction that Voltu or the applicable Authorized Dealer has confirmed as eligible, Voltu’s current delivery target is approximately 4 to 8 weeks following Order Delivery Confirmation, unless a different estimated delivery period or starting point is stated in the definitive vehicle-purchase documents. This target is an estimate only and is not guaranteed. The delivery window or schedule applicable to the Reservation Holder’s vehicle will be stated or confirmed as part of Order Delivery Confirmation and the definitive vehicle-purchase documents. 

Any configuration change or other change requested by the Reservation Holder that affects vehicle specifications, component availability, production, upfit, charging work, logistics, delivery location or other applicable requirements may result in a revised delivery estimate or schedule. 

Any cancellation right, refund right or other remedy relating to a delay after Order Delivery Confirmation will be governed exclusively by the definitive vehicle-purchase agreement. 

12. Availability, lawful sale and changes

Acceptance of a reservation does not establish that Voltu or an Authorized Dealer may lawfully sell, register, service or deliver a vehicle in every state or location. Voltu or the applicable Authorized Dealer may require a lawful sales and delivery pathway, registration capability, service coverage, logistics support, charging-site readiness or other conditions before confirming availability. If availability cannot be confirmed for the Reservation Holder’s location, the Reservation Holder may keep the reservation pending future availability or cancel it for a full refund at any time before Order Delivery Confirmation. 

Before Order Delivery Confirmation, specifications, features, equipment, materials, software, colors, options or configurations may change or become unavailable. If a material change is unacceptable to you, you may cancel for a full refund before Order Delivery Confirmation. 

Any timing communicated before definitive purchase documents are executed remains an estimate and may change because of production, supply, regulatory, sales-channel, registration, service, logistics, configuration, upfit or geographic considerations.

13. Reservation confirmation

After successful processing of the reservation payment, Voltu will provide or make available to you, as applicable: 

• a Voltu Reservation ID and payment receipt; 

• a saved configuration and price summary; 

• the applicable refundability terms; 

• a test-drive request or booking link; 

• the then-current geographic availability status, a delivery estimate if available, and next steps; and 

• contact information for reservation and ownership assistance. 

The reservation process may include an optional test drive and applicable ownership reviews before Order Delivery Confirmation. Production and delivery preparation will begin only as provided in the definitive vehicle-purchase agreement

14. Voltu cancellation

Voltu may cancel a reservation because of payment failure, suspected fraud or abuse, ineligibility, materially inaccurate information, duplicate reservation activity, discontinuation of the reservation program or selected configuration, legal or jurisdictional restrictions, or Voltu’s inability to proceed through an applicable lawful sales and delivery pathway. If Voltu cancels a paid reservation before Order Delivery Confirmation, Voltu will refund the reservation payment in full unless the amount has already been reversed, charged back or otherwise returned through the payment network. 

15. Transfer and resale restrictions

You may not sell, assign, transfer, pledge, broker or otherwise dispose of the reservation or Reservation ID without Voltu’s prior written approval. 

This restriction does not prevent an authorized representative from continuing to act for the same entity Reservation Holder. Voltu may require updated proof of authority. 

16. Communications, privacy and electronic records

Voltu may send transactional communications needed to administer the reservation, test-drive request, payment, refund, ownership review, purchase process and delivery planning using the contact information you provide. 

Marketing email, automated-call and marketing text-message consent must be separate and optional. Marketing consent is not required to submit a reservation. 

Voltu’s collection, use, retention and disclosure of personal information is described in its Privacy Policy and any notice presented when information is collected. 

Your affirmative online acceptance constitutes an electronic signature to the extent permitted by applicable law. Voltu may retain the reservation, configuration, payment, agreement-version, acceptance and confirmation records. 

17. Changes to this Agreement; later purchase documents

Voltu may revise this Agreement prospectively for future reservations. The version you accepted will remain associated with your reservation. 

If Voltu proposes a material change affecting your existing reservation, Voltu will provide any notice and obtain any additional acceptance required by applicable law. If you do not agree, you may cancel for a full refund before Order Delivery Confirmation. 

Definitive vehicle-purchase documents will govern the confirmed purchase and will supersede this Agreement only for the matters they cover.

18. General terms

Voltu’s delay or failure to enforce a provision does not waive the right to enforce it later. 

If a provision is found unenforceable, the remaining provisions will continue to apply to the fullest extent permitted by law. 

This Agreement, together with the checkout disclosures and any documents expressly incorporated by reference, constitutes the entire agreement between you and Voltu concerning the reservation and supersedes prior or contemporaneous communications concerning the reservation. It does not replace the definitive vehicle-purchase documents that may later govern a confirmed vehicle purchase.

19. Contacting Voltu

Questions and test-drive requests may be submitted through the contact methods identified on the reservation page or in your reservation confirmation. To cancel a reservation and request a refund before Order Delivery Confirmation, you must email sales@voltumotor.com and include the Reservation Holder’s full legal name, current contact information and the Voltu Reservation ID identified in the reservation confirmation. Voltu may also request the applicable Stripe payment or receipt identifier. The reservation email and receipt will identify the applicable business contact information, legal merchant name and payment-card statement descriptor.