AUCTION TERMS AND CONDITIONS

Participation in the auction is subject to the acceptance and unconditional acceptance of these Auction Terms and Conditions:

1. BID

- The submission of a bid means a binding offer.

- The bidder remains bound to his bid until it is either outbid or rejected by Auctioneer.

- Bids of unknown persons may be rejected by Auction House.

- Persons who are not present may notify the Auction House in writing of intended bids. These bids are considered as maximum bids, excluding the buyers premium. Changes to a written bid must be made in writing; they must be received no later than 24 hours prior to the Auction. Written bids can be send to [email protected]

- Request for Telephone bids must be made no later than 24 hours prior to the Auction.

2. AUCTION LOTS

- The lots are offered and sold in the name and for the account of the consignor.

- The Dutch Auction Company and the sellers disclaim any warranty for the age, origin, condition and quality of the lots put up for auction. The lots are sold in the condition in which they were at the time of the knock down.

- All lots are to be inspected at the preview days. It is possible to get an idea of their condition and value and to obtain additional information. The buyer acknowledges, that we sell used goods which can have marks and defaults caused by their age.

- The lots are described based on the latest current state of knowledge to the best of our knowledge and belief. The Dutch Auction Company is not liable for obvious or hidden defects.

3. KNOCKDOWN/PROPERTY

- The lot is awarded to the highest bidder. The lot will only be delivered to the buyer after payment has been made in full.

- The knock down could be also conditional. If it is called up ? conditional sale?, it means, that the reserve was not met. The Auction House will first consult with the seller and afterwards inform the buyer, if his offer was successful or not. This may happen right at the sale or within a few days.

- In the event of differences between two or more bidders, the lot may be offered again.

- Once the bid has been accepted, no further complaints will be accepted.

4. KNOCKDOWN HAMMER PRICE / BUYERS PREMIUM

- A buyers premium of 25% on top of the hammer price will be added on your invoice. This is excluding 21 % VAT* on the buyer premium if applicable.

- For cars 17% buyer?s premium will apply. This is excluding 21% VAT* on the buyer premium if applicable.

* Explanation of the application of VAT on the Buyers Premium (not on the hammer price of a lot, only the buyers premium):

> Private buyers registered within the Netherlands and Europe are invoiced including VAT.

> Private buyers registered outside Europe and exporting the purchased lots, lots leaving Europe, will be invoiced without VAT. Proof of export of the lots is required.

> Commercial buyers (companies) registered in the Netherlands are invoiced including VAT.

> Commercial buyers (companies) registered outside the Netherlands but within Europe are invoiced without VAT.

> Commercial buyers (companies) registered outside Europe and exporting the purchased lots, leaving Europe, are invoiced without VAT. Proof of export of the lots is required.

If commercial buyers (companies) wish to make use of the above VAT application, they must register as a commercial (company) bidder. Company name, address and VAT number are then required information that must be provided at registration.

- Attention for online bidders: If you do not bid directly at Dutch Auction Company, but online on an external auction platform, please take into account the additional fee charged by that platform. This is usually around 5%. The platform indicates which percentage they use. The auction costs of 25% are then increased by that extra percentage. If it is 5%, then the auction costs via the online platform are 30%.

5. PAYMENT OF THE LOTS

- The auctioned lots must be fully paid and collected within 5 days after the auction (unless other agreements have been made with the Auction House) at the auction location, or location where the lot is located otherwise the auction location. Payment can be made in cash (maximum ? 3,000), by bank, or credit card payment. In case of payment by credit card, 3% of the total invoice amount will be added in connection with additional credit card charges.

- Before leaving the auction room, each buyer is requested to take receipt of the relevant formalities at the auction office and to make a full or appropriate down payment.

6. PICK UP OF THE LOTS

- The auctioned lots will only be released after the auction and after full payment.

- The lots must be collected within 5 days of the Auction. Later collection may be possible by agreement with the Auction House. Any lots left over 5 days will incur a storage charge of ? 20 per day unless prior arrangements have been made. Items left after 30 days will be considered abandoned and sold to recover expenses.

- In case you need assistance with packing and shipping we can connect you to a shipping company that can organize worldwide shipping.

- We can assist our bidders by packing the items in-house. We pack the items to the best of our ability, but we can't provide guarantees or insurance and take no responsibility for any damage or loss of items occurring during shipping. Please use a third party service for packaging and shipping if you require guarantees or insurance, or collect your items by local pick-up.

7. LEGAL ISSUES/LIABILITY

- The Dutch Auction Company reserves the right to make changes and comments regarding the lot description before and during the exhibition or until the bid is accepted. Lots may be added or removed.

- The Dutch Auction Company, as sales commissioner according to article 7:425 BW 7:425 BW, acts for the account of the consignor. Any liability for defects shall be excluded in accordance with section 2. Any notices of defects, claims for rescission or reduction must be addressed directly to the Consignor as the seller. No representative or employee of the Dutch Auction Company is entitled to issue any guarantees deviating from this.

- The auction management may offer lots outside the numerical order without justification, and may combine, separate, or withdraw catalog items.

- Any participation in the auction is at your own risk. In the event of damage to exhibited objects, the causer shall be liable.

- Each removal of the auctioned lots, also by third parties, relates to own costs and risks.

- The invoice for the auctioned lots is to be paid in accordance with section 5. If this is neglected, the auctioneer may, at his discretion, demand fulfilment of the purchase contract by charging a default interest of 1% per month on the hammer price plus surcharge and the costs of collection. However, he may also withdraw from the purchase contract without notice or other notification and cancel the knockdown and sell the lot by private contract. In this case, the successful bidder shall be liable for all damages resulting from non-payment or delayed payment, in particular for any loss of proceeds. Any down payment made will be deducted from the damage.

- The auction and all disputes arising from it are subject to Dutch law. This applies regardless of the legal domicile of the parties involved.

- The English version of these Terms and Conditions of Sale shall be authoritative for the assessment of disputes.

- The place of jurisdiction is Breda, The Netherlands.

8. GENERAL

- The auction and sale conditions are made known to every interested person and are posted in the auction hall during the exhibition and auction.

- Legal identification, name and address of the buyer are required for bidding and auctioning an object. Registration entitles the buyer to bid.

- It is the buyer?s responsibility to protect himself against the risks of loss, theft, damage, and destruction of the objects in question by taking out insurance in good time. All risks are with the buyer after knockdown of the item.

- While we do our very best to have all content in our lot descriptions, catalogs and all printed and online communication as accurate as possible we make no guarantees and can not be held responsible for any incorrect information or typing errors.

Tilburg, The Netherlands - March 2026