Under Purchase Agreement No. 2, the Company is required to make a down payment equal to 20% of the aggregate purchase price following the Company’s receipt of the Supplier’s written order acknowledgment, with the remaining 80% payable after shipment readiness confirmation and prior to shipment, subject to the satisfaction of the applicable delivery and other conditions set forth in Purchase Agreement No. 2. The GPU servers are expected to be delivered to a designated data center location in the United States. Purchase Agreement No. 2 contains customary provisions relating to delivery, title and risk of loss, inspection and acceptance, warranty coverage, remedies for non-conforming products, and termination and refund rights in certain circumstances. The Supplier is also required to provide certain commercially customary warranty and replacement support with respect to the GPU servers, subject to the terms and limitations set forth in Purchase Agreement No. 2.

The completion of the purchase remains subject to a number of conditions, including the Company’s payment obligations, the Supplier’s ability to complete production and delivery, applicable product registration and supply-chain requirements, and other customary commercial and operational conditions.