BookR Fee and Payout Schedule

Effective Date: October 6, 2026 Last Updated: October 6, 2026

1. PURPOSE AND SCOPE

This Fee and Payout Schedule (this "Schedule") describes:

(a) the amounts a Renter pays to book an Item through the Platform; (b) the amount an Owner receives when a rental is completed; (c) what an Owner must do before an Owner can be paid; and (d) when payment, transfer, and payout occur.

This Schedule applies to every Transaction conducted through the Platform. All amounts stated in this Schedule are in United States Dollars (USD).

2. DEFINITIONS

Capitalized terms not defined in this Schedule have the meanings given to them in the Terms of Service.

"Rental Subtotal"

• Means the Owner's daily price for the Item, as stated in the Listing, multiplied by the number

of days in the Rental Period.

"Renter Service Fee"

• Means the amount BookR charges a Renter for use of the Platform, calculated under Section 3.

The Renter Service Fee is added to the Rental Subtotal.

"Owner Service Fee"

• Means the amount BookR charges an Owner for use of the Platform, calculated under Section 3.

The Owner Service Fee is deducted from what the Owner would otherwise receive.

"Service Fees"

• Means the Renter Service Fee and the Owner Service Fee together.

"Booking Total"

• Means the Rental Subtotal plus the Renter Service Fee. The Booking Total, plus any applicable

sales tax shown at checkout, is the amount the Renter is charged.

"Owner Payout"

• Means the amount BookR transfers to an Owner for a completed rental, calculated under

Section 5.

"Payout Account"

• Means the account an Owner sets up through BookR's payment processor in order to receive Owner

Payouts, as described in Section 6.

"Instant Cashout"

• Means the optional service described in Section 7.7 by which an Owner may request that funds

already transferred to the Owner's Payout Account reach the Owner's debit card sooner than the standard payout schedule in Section 7.4.

"Fees"

• Means, for purposes of the Terms of Service and all other BookR policies, the Renter Service

Fee, the Owner Service Fee, and any other amounts identified as Fees in this Schedule. As of the Effective Date, the Service Fees are the only Fees BookR charges. Instant Cashout is not offered (Section 7.7).

3. SERVICE FEES

3.1 BookR Charges Both Sides of a Booking.

BookR charges a Service Fee to the Renter and a Service Fee to the Owner. Each is calculated separately, on the same Rental Subtotal.

This is a change. Before the Effective Date of this version, BookR charged a single fee of twelve percent (12%) to the Renter only, and an Owner received one hundred percent (100%) of the Rental Subtotal. That is no longer how BookR charges.

3.2 Rates.

(a) Renter Service Fee — eight percent (8%) of the Rental Subtotal, subject to the minimum in Section 3.3. It is charged in addition to the Rental Subtotal.

(b) Owner Service Fee — eight percent (8%) of the Rental Subtotal, subject to the minimum in Section 3.3. It is deducted from the Owner Payout.

BookR's total take on a booking is therefore sixteen percent (16%) of the Rental Subtotal, or more where the minimum in Section 3.3 applies to either leg.

3.3 Minimum Per Fee.

Each Service Fee is subject to a minimum of one dollar and fifty cents ($1.50). The minimum applies to each leg independently. Where eight percent (8%) of the Rental Subtotal is less than $1.50, that leg is $1.50 rather than the percentage.

Worked example, on a $10.00 Rental Subtotal:

| Line | Amount | |---|---| | Rental Subtotal | $10.00 | | Renter Service Fee — greater of $1.50 and 8% ($0.80) | $1.50 | | Booking Total (charged to the Renter) | $11.50 | | Owner Service Fee — greater of $1.50 and 8% ($0.80) | $1.50 | | Owner Payout | $8.50 |

On a Rental Subtotal at or above $18.75, eight percent exceeds $1.50 and the percentage governs both legs.

3.4 Rentals Too Small to Book.

Because the Owner Service Fee cannot be less than $1.50, a booking whose Rental Subtotal does not exceed $1.50 cannot be created; BookR declines it rather than producing a zero or negative Owner Payout. In practice this means very short rentals of very cheap Items are not bookable.

3.5 How Fees Are Calculated and Fixed.

Both Service Fees are calculated once, at the time the booking is created, from the Rental Subtotal, and are rounded to the nearest cent. Both are recorded on the booking at that moment.

A later change to either rate does not change a booking that already exists. The Owner Service Fee applied at payout is the amount recorded when the booking was created, not a fee recalculated at completion.

3.6 Disclosure Before Payment.

The Rental Subtotal, the Renter Service Fee, and the Booking Total are itemized on the booking screen before a Renter submits a booking request, and again before the Renter pays.

3.7 The Owner Service Fee Must Be Disclosed to Owners Too.

An Owner is entitled to know, before creating a Listing and before accepting a booking, that the Owner will receive the Rental Subtotal less the Owner Service Fee.

The Owner Service Fee, its minimum, and the resulting Owner Payout are disclosed to the Owner on each of the following screens:

(a) The listing form, at the moment the Owner sets a price. Directly beneath the "Price per day" field, BookR states the Owner Service Fee rate, its minimum per rental, the share the Owner keeps, and — once a price has been entered — the amount the Owner will receive per rental day. The field's help text says the same thing, and a link to this Schedule sits alongside it.

(b) The listing form's earnings estimate. The weekly and annual estimates shown on that form are net of the Owner Service Fee. They are labelled as being after fees, and the card states the amount the Owner keeps per rental day together with the rate, the minimum, and a link to this Schedule. Where the daily price is low enough that the minimum in Section 3.3 would leave no payout, the estimate is replaced by a plain statement that a rental that small cannot be booked (see Section 3.4).

(c) The Owner's dashboard — "My listings". Each listing row shows the daily price the Owner set alongside what the Owner keeps per rental day.

(d) The Owner's dashboard — incoming booking requests, before accepting. Each request row shows what the Renter pays and, separately, what the Owner earns from that booking. The Owner's figure is the Owner Payout recorded on that booking under Section 3.5 — the fee fixed when the booking was created, not a fee recalculated for display.

(e) The Owner's dashboard — payouts. The payouts card states the rate, the minimum per rental, that the Owner receives the remainder, and that no Owner Service Fee is charged on a cancelled booking (Section 8.3), with a link to this Schedule. It appears both before the Owner has connected a payout account and after setup is complete.

Every figure on those screens is computed from the same constants the booking record and the payout transfer use, so a disclosure cannot state a rate different from the one deducted.

3.8 No Other BookR Fees.

As of the Effective Date, BookR charges no membership fee, no listing fee, no photograph fee, and no insurance or protection fee. BookR charges no fee of its own for making an Owner Payout on the standard schedule in Section 7.4. Instant Cashout is not offered at launch (Section 7.7). Post-rental charges, which are not Fees, are addressed in Section 9.

4. WHAT THE RENTER PAYS, AND WHEN

4.1 Amount.

The Renter pays the Booking Total — the Rental Subtotal plus the Renter Service Fee.

The Renter is not charged the Owner Service Fee and does not pay it. The Owner Service Fee is not added to the Renter's total.

4.2 Timing.

A Renter is charged only after the Owner accepts the Renter's booking request. A booking request that an Owner does not accept results in no charge to the Renter.

4.3 Processing.

Payment is processed by BookR's third-party payment processor, Stripe. BookR does not store a Renter's full payment card details.

4.4 Confirmation.

A Booking is confirmed only after the payment processor reports that payment succeeded.

5. WHAT THE OWNER EARNS

5.1 Amount.

For a completed rental, the Owner Payout is the Rental Subtotal minus the Owner Service Fee.

At the rates in Section 3.2, and where the Rental Subtotal is large enough that the minimum in Section 3.3 does not apply, that is ninety-two percent (92%) of the Rental Subtotal.

5.2 Worked Example.

An Owner who lists an Item at $40 per day, for a two-day rental:

| Line | Amount | |---|---| | Rental Subtotal ($40 × 2 days) | $80.00 | | Renter Service Fee (8%) — paid by the Renter, on top | $6.40 | | Booking Total charged to the Renter | $86.40 | | Owner Service Fee (8%) — deducted from the Owner | $6.40 | | Owner Payout on completion | $73.60 | | BookR's total take | $12.80 |

5.3 Payment Processor Charges.

BookR, not the Owner, bears the payment processor's fees for processing the Renter's payment and for making an Owner Payout on the standard schedule.

6. PAYOUT ACCOUNT REQUIREMENT

6.1 Setup Is Required.

Before an Owner can receive any money, the Owner must set up a Payout Account through BookR's payment processor. This is done from the Owner's BookR dashboard and takes place on the payment processor's own website.

6.2 What the Owner Provides.

The payment processor collects the information it needs to verify the Owner's identity and to deposit money into the Owner's bank account. This may include the Owner's legal name, date of birth, address, taxpayer identification number, and bank account details. BookR does not receive or store the Owner's bank account details.

6.3 Listings Are Not Bookable Until Setup Is Complete.

A Renter cannot book an Item whose Owner has not completed Payout Account setup, and cannot pay for a Booking whose Owner has not completed Payout Account setup. This is a deliberate restriction: BookR will not take a Renter's money for an Owner it cannot pay.

6.4 United States Only.

Payout Accounts are currently available only to Owners with a United States bank account.

6.5 Verification Is Not BookR's Decision.

The payment processor, not BookR, determines whether an Owner's Payout Account is verified and enabled. BookR cannot pay an Owner whose Payout Account the payment processor has not enabled.

7. WHEN OWNERS ARE PAID

Two steps, not one. Money reaches an Owner in two stages, and they happen at different times. Section 7.1 is BookR transferring the Owner's money into the Owner's Payout Account. Section 7.4 is the payment processor moving it from that account to the Owner's bank. An Owner who is looking for money in a bank account should read Section 7.4.

7.1 Transfer — Triggered by Completion.

BookR transfers the Owner Payout into the Owner's Payout Account when a rental is completed — that is, when the Owner has confirmed the Item's pickup and return with photos and marked the Booking complete.

7.2 An Owner Must Mark the Item Returned.

A transfer is not initiated automatically at the end of the Rental Period. Until the Owner marks the Item returned, no transfer is initiated and no Owner Payout becomes available. Completion is not automatic; an Owner who cannot confirm a return should contact BookR.

7.3 One Transfer Per Booking.

BookR initiates one payout transfer per Booking, plus a separate transfer of any amount collected under Section 9.

7.4 Payout to the Owner's Bank — Weekly.

Funds in an Owner's Payout Account are paid out to the Owner's bank account on a weekly schedule, on a Friday, by the payment processor.

BookR does not batch, hold, or time these payouts itself. The weekly cadence is a setting on the Owner's Payout Account with the payment processor, and the payment processor's own payout system determines exactly which funds are included in a given payout and when they arrive.

A single weekly payout may include the Owner Payouts from more than one completed Booking, and a completed Booking's funds may not be included in the very next payout if the transfer settles too close to it.

Payouts usually reach the Owner's bank within two business days after the Friday payout. That timing is set by the payment processor and is not guaranteed.

This is a change. Before the Effective Date of this version, an Owner Payout was paid out to the Owner's bank as soon as the payment processor could send it after completion, rather than on a weekly cadence.

7.5 Failed or Delayed Payouts.

If a transfer or a payout cannot be completed — for example, because the Owner's Payout Account is not enabled, or the payment processor rejects it — BookR records the failure and works to resolve it. Completion of the rental is not reversed by a failed payout; the Owner remains owed the Owner Payout.

7.6 Withholding.

BookR may delay or withhold an Owner Payout where BookR reasonably believes a Transaction involves fraud or a violation of BookR policies, as further described in the Terms of Service. A rental payout is never held for a possible claim.

7.7 Instant Cashout — Coming Soon.

Instant Cashout is not available at launch. BookR plans to offer it later. Before it does, this Schedule will state what it costs and who pays for it.

7.8 Minimum Payout Threshold.

BookR sets no minimum payout amount. The payment processor may apply its own minimums.

8. CANCELLATIONS AND REFUNDS

8.1 Refunds Include the Renter Service Fee.

Where a cancellation results in a refund, the refund is calculated as a percentage of the Booking Total — meaning the Renter's refund includes the same percentage of the Renter Service Fee.

8.2 Refund Amounts.

The percentage refunded, and the circumstances in which a cancellation is refundable at all, are governed by the Cancellation and Refund Policy, not by this Schedule.

8.3 No Owner Payout, and No Owner Service Fee, on a Cancelled Booking.

A Booking that is cancelled is never completed. No Owner Payout is transferred for it, and BookR does not collect the Owner Service Fee on it. An Owner is never charged an Owner Service Fee on a rental for which the Owner receives nothing.

9. POST-RENTAL CHARGES

BookR collects no security deposit. Some Listings show a Post-Rental Charge Limit (at most $500, and never more than the Item's stated used value). Only for those Bookings is the Renter's payment method saved with BookR's payment processor at checkout, and it may be charged later only as described in Rental Agreement §6: for reviewed damage, loss, or theft; late return at the daily rate for up to three days; or a $25 excess-cleaning fee. The total can never exceed the Limit, and a charge happens only after an itemized notice, a 10-business-day response period, and at least 20 business days after the notice. Bookings without a Limit have no post-rental charge of any kind, and their payment method is not saved for later use.

BookR takes no fee on a post-rental charge. The full amount collected is paid to the Owner thirty (30) days after the charge. If part of the charge is refunded before then, the Owner is paid the remainder. If the Renter disputes the charge with their card issuer, the payment waits for the outcome and is made only if BookR wins the dispute. BookR has no obligation to pay Owners any amount it does not collect.

For accidental damage or loss, the most a Renter owes is the Post-Rental Charge Limit (or the Item's used value if no Limit was shown). This does not apply to theft, non-return, or damage caused intentionally, recklessly, or by conduct prohibited by Rental Agreement §4(a) through (e). It also never lets BookR charge more than the Limit.

10. TAXES

Amounts stated in this Schedule are exclusive of any taxes. Owners are responsible for determining and satisfying their own tax obligations on amounts they earn through the Platform. See the Owner Tax Disclosure. An Owner's net payout before taxes is the Rental Subtotal less the Owner Service Fee, which is lower than the gross amount reported on any Form 1099-K. BookR does not provide tax advice.

11. CHANGES TO THIS SCHEDULE

BookR may modify this Schedule, including either Service Fee rate and the minimum in Section 3.3, in accordance with the amendment and notice provisions of the Terms of Service (§16.9 and §16.10). BookR will provide notice of a change to a Service Fee rate or to the minimum at least thirty (30) days before it takes effect.

A change to either Service Fee does not affect a Booking that already exists. Both Service Fees are fixed when the booking is created, as stated in Section 3.5.

12. PREVIEW MODE

While the Platform is operating in pre-launch preview mode, bookings made by non-administrator Users are demonstrations only. No payment is taken, no Owner Payout is made, and no amount in this Schedule is charged.

13. RELATIONSHIP TO OTHER POLICIES

This Schedule should be read together with:

(a) Terms of Service; (b) Cancellation and Refund Policy; (c) Rental Agreement; (d) Owner Tax Disclosure; and (e) other applicable Platform policies.

Where this Schedule and another BookR policy state different amounts, timing, or fee treatment, that difference is an error and should be reported to BookR at the address in Section 14 so it can be corrected.

14. CONTACT INFORMATION

Questions about Fees or payouts may be directed to:

BOOKR APP LLC

jacksonlyons@bookr-app.com

BookR may update its contact information from time to time without amending this Schedule.