2026 Summer Auction

1. Commission Rate The buyer’s commission rate for the 2026 YOSEMITE Auction is fixed at 28.5% (twenty-eight point five percent) of the final hammer price of each purchased lot. This commission fee is mandatory and shall be borne solely by the successful bidder (Buyer). 2. Calculation Basis Commission calculation is based exclusively on the final hammer price confirmed by the auctioneer on-site. The commission amount shall be calculated as: Final Hammer Price × 28.5%. No additional discount, exemption or reduction of the commission shall be granted under any circumstances unless a written official exemption document is issued by the YOSEMITE Auction House. 3. Payment Obligation The successful bidder shall settle the full payment including the final hammer price of the lot and the 28.5% buyer’s commission within the specified payment period stipulated by YOSEMITE Auction House. Failure to complete full payment on time will be deemed a breach of auction rules, and the YOSEMITE Auction House has the right to forfeit the deposit, invalidate the transaction, and pursue corresponding legal liabilities and compensation for losses. 4. Scope of Application This 28.5% commission rule applies to all 223 lots in the 2026 Summer Auction, including all consigned items from local San Jose collectors and the collections provided by the Zhang Family (Northern San Jose collector family). No individual lot is exempt from this commission regulation. 5. Tax and Additional Fees The 28.5% buyer’s commission is a standalone service fee of YOSEMITE Auction House, which does not include any federal, state or local taxes, customs duties, handling fees, storage fees, shipping fees, insurance fees and other incidental expenses arising from the lot transaction. All additional fees shall be borne by the buyer separately in accordance with relevant regulations. 6. Final Interpretation Right All matters not covered by these commission terms shall be subject to the official General Auction Rules of the YOSEMITE Auction House. The YOSEMITE Auction House reserves the sole and final interpretation right of the above commission terms.