At our request, the underwriters have reserved up to % of the shares offered by us in this offering, for sale at the initial public offering price through a directed share program to:
• eligible customers who had a standing preorder for an R1T or R1S as of September 30, 2021; and
• persons who are directors, officers or employees, or who are otherwise associated with us and identified by our officers and directors.
Customers who had, by September 30, 2021, preordered an R1T or R1S and had not otherwise cancelled the preorder as of such date, are potentially eligible for the program. If demand for the program exceeds capacity, we will allocate shares on a pro-rata basis among all eligible participants in the directed share program. Eligible participants who meet more than one criteria, or have placed a preorder for more than one Rivian vehicle, will not be entitled to a greater participation in the program as a result.