Microvast Holdings Inc. Watch

from 8-K 165 pages Loan and Security Agreement Dated as of May 28, 2024 by and Among Microvast Holdings, Inc., as Holdings, Microvast, Inc., as Borrower, the Subsidiaries Party Hereto as Guarantors, Yang Wu, as Initial Lender, and Acquiom Agency Services LLC, as Agent

from 8-K 64 pages China Banking Association Syndicated Loan Contract (Contract # Hukai 2022 Syndicated 001) [Microvast Power Systems Co., Ltd.] (As Borrower) [Bank of China, Huzhou Branch] (As Lead Arranger) [China Construction Bank, Huzhou Branch] (As Co-Lead Arranger) [Bank of China, Huzhou Branch] [China Construction Bank, Huzhou Branch] [Bank of Huzhou,co.] [China Zheshang Bank, Huzhou Branch] (As Lender) and [Bank of China, Huzhou Branch] (As Agent) Fixed Assets Syndicated Loan Contract for 4gwh Annual Production LI-Ion Batteries and Systems Project [27 September 2022] 1

from 8-K 1 page This Letter Is to Confirm the Undersigned’s Commitment That, Through December 7, 2020 (The Company’s Scheduled Liquidation Date), if Funds Are Needed by Tuscan Holdings Corp. (The “Company”) and Upon Request by the Company, the Undersigned Will Provide Loans of Up to an Aggregate of $500,000 to the Company. This Commitment Supersedes Any Prior Commitment. These Loans Will Be Non-Interest Bearing, Unsecured and Will Be Repaid Upon the Consummation of a Business Combination. the Undersigned Understands That if the Company Does Not Consummate a Business Combination (As Described in the Company’s Prospectus, Dated March 5, 2019), All Amounts Loaned to the Company Hereunder Will Be Forgiven Except to the Extent That the Company Has Funds Available to It Outside of Its Trust Account Established in Connection With the Company’s Initial Public Offering. Tuscan Holdings Acquisition LLC By: /S/ Stephen A. Vogel Stephen A. Vogel, Managing Member 4