TOKA AI PTY LTD — ABN 21 687 183 286

Terms and Conditions

Effective date: 16 March 2026·Version 1.0 — Pre-MVP release

What you're agreeing to

Toka is a marketplace that connects buyers and sellers of secondhand goods. We facilitate connections, we are not a party to the sale itself, do not hold inventory, and do not take responsibility for the goods. Payments and logistics are coordinated manually between you, the other party, and Toka at this stage of our service.

1

Acceptance of these terms

These Terms and Conditions ("Terms") govern your access to and use of the Toka platform ("Platform"), operated by TOKA AI PTY LTD (ABN 21 687 183 286), a company registered in Victoria, Australia.

By downloading the Toka app, creating an account, or using any part of the Platform, you agree to be bound by these Terms. If you do not agree, do not use the Platform.

These Terms should be read together with our Privacy Policy, which is incorporated by reference. In the event of any inconsistency between these Terms and the Privacy Policy, these Terms prevail.

2

Eligibility

You may only use Toka if:

  • You are at least 16 years of age
  • You are a natural person (not a bot, automated system, or entity acting without human oversight)
  • You have the legal capacity to enter into a binding agreement
  • Your use complies with all applicable Australian laws and regulations

By using the Platform, you represent and warrant that you meet these requirements. If you are using Toka on behalf of a business, you further represent that you have authority to bind that business to these Terms.

3

Your account

3.1 Creating an account

You can create a Toka account using Google Sign-In, Apple Sign-In, or an email. You agree to provide accurate and truthful information when creating your account and to keep your contact information up to date.

3.2 Account security

You are responsible for maintaining the confidentiality of your account. You agree to notify us immediately at support@gettokaapp.com if you become aware of any unauthorised use of your account.

3.3 Identity verification

Certain features of the Platform, including listing items for sale and engaging with other users, transacting, require identity verification. Verification is conducted through Stripe Identity. By submitting to verification, you consent to Stripe's collection and processing of your identity data in accordance with Stripe's Privacy Policy.

Toka reserves the right to refuse, revoke, or suspend verification at any time where we have reasonable grounds to suspect fraudulent or bad-faith conduct.

3.4 One account per person

You may only maintain one active account. Creating multiple accounts to circumvent restrictions or suspensions is a breach of these Terms and may result in permanent removal from the Platform.

4

Using the Platform

4.1 What Toka is

Toka is an online marketplace that allows users to list, discover, and arrange the sale of secondhand goods. Toka facilitates connections between buyers and sellers, we are not a buyer, seller, or party to any transaction that occurs between users.

At this stage of our service (pre-MVP), payments and logistics are coordinated manually. Once a sale is confirmed through the Platform, Toka will contact both parties to coordinate the handover. All transactions at this stage are cash on pickup only.

4.2 The Toka AI assistant

The Platform includes an AI assistant ("Toka AI") that can:

  • Answer buyer questions using information provided in a seller's listing
  • Suggest items based on your stated preferences or uploaded photos
  • Guide you through buying and selling steps

Toka AI uses information from listings and stored seller responses to answer buyer questions automatically. When Toka AI cannot answer a question from available information, it will refer the question to the seller.

Toka AI is designed to be helpful and accurate, but it is not infallible. You should not rely solely on Toka AI's responses when making purchasing and selling decisions. Always verify material facts, such as item condition, dimensions, and defects, directly with the seller.

Toka AI does not have authority to bind sellers to commitments not already contained in the listing. Any representations made by Toka AI that go beyond the listing details are not binding on the seller or on Toka.

4.3 No price negotiation

Prices on Toka are set by sellers and are not subject to negotiation through the Platform. Buyers who wish to purchase an item agree to pay the listed price. Attempts to negotiate price through the Platform's messaging or AI features are not supported and may be disregarded.

4.4 Fees

The price shown to buyers on the Platform is the total amount payable. Sellers receive their full asking price. There are no listing fees.

5

Seller obligations

5.1 Accurate listings

As a seller, you agree to:

  • Provide accurate, complete, and honest descriptions of items you list
  • Ensure photos are genuine representations of the actual item
  • Disclose any known defects, damage, or limitations
  • Only list items that you own and have the right to sell
  • Keep listings up to date, remove or mark listings as sold promptly

5.2 Responding to buyers

Where the Toka AI cannot answer a buyer question from existing listing information, that question will be escalated to you as the seller. You agree to respond to escalated questions within a reasonable time.

By providing answers to buyer questions, you consent to Toka storing those answers and using them to respond to future buyer queries about the same listing.

5.3 Honouring confirmed sales

Once a sale is confirmed through the Platform, you commit to completing the handover as agreed. Repeated cancellation of confirmed sales may result in account suspension.

5.4 Prohibited items

You must not list any item that is:

  • Illegal to sell in Australia
  • Subject to a product safety recall
  • Counterfeit or misrepresented as a different brand or item
  • Stolen or obtained through unlawful means
  • A weapon, dangerous substance, or controlled item under Australian law
  • Adult content, or any content involving minors
  • Non-furniture items (restricted for pre-MVP phase)

Toka reserves the right to remove any listing we determine, in our sole discretion, to be in breach of these obligations or our Community Guidelines.

5.5 Image upload guidelines

All images uploaded to the Platform — including listing photos and profile pictures — must be appropriate for a general audience and relevant to their intended purpose. You must not upload images that contain offensive, explicit, or harmful content, watermarks or promotional branding from other platforms, or anything unrelated to the item being listed or your identity as a user. Toka moderates uploaded images and will remove content that does not meet these guidelines. Repeated violations may result in account suspension.

6

Buyer obligations

As a buyer, you agree to:

  • Only initiate purchase requests for items you genuinely intend to buy
  • Pay the agreed price in cash at the time of pickup
  • Treat sellers with respect and good faith in all communications
  • Attend agreed pickup arrangements, or provide reasonable notice if you cannot
  • Not attempt to negotiate price or circumvent Toka's fee structure

7

Transactions and logistics

At the current stage of Toka's service, all transactions are completed manually:

Buyer interest

Buyers initiate interest in an item through the Platform.

Coordination

Once interest is confirmed, Toka will contact both parties to coordinate handover.

Payment

All payments are cash on pickup. No digital payments are processed through the Platform at this stage.

Logistics

Toka does not arrange or insure delivery. Pickup logistics are the responsibility of the buyer and seller.

Toka is not a party to the transaction between buyer and seller. We do not take title to, or responsibility for, any goods sold through the Platform.

8

Disputes between users

If a dispute arises between a buyer and seller, we encourage both parties to first attempt to resolve it directly. If resolution cannot be reached, you may contact Toka at support@gettokaapp.com and we will endeavour to assist.

Toka will assess each dispute individually at this stage of our service. We do not guarantee any particular outcome and our ability to intervene is limited by the nature of the transaction. We are not an arbitrator and our involvement in a dispute does not create any legal liability on our part.

In all cases, Australian Consumer Law applies to transactions between private sellers and buyers where relevant consumer guarantees arise.

9

Prohibited conduct

You must not use the Platform to:

  • Engage in fraud, deception, or impersonation
  • Create fake listings or artificially inflate interest in an item
  • Send spam, unsolicited commercial messages, or automated messages
  • Harass, threaten, or abuse other users
  • Attempt to conduct transactions off-platform to avoid Toka's fee structure
  • Reverse engineer, scrape, or otherwise extract data from the Platform
  • Interfere with the Platform's security, integrity, or performance
  • Use the Toka AI for any purpose other than legitimate marketplace use

Violations of this section may result in immediate account suspension or termination without notice.

10

Toka's role and limitation of liability

10.1 Toka as a facilitator

Toka is a marketplace platform. We do not manufacture, inspect, store, or take responsibility for any goods listed or sold through the Platform. We make no representations about the quality, safety, legality, or accuracy of any listing.

10.2 Limitation of liability

To the maximum extent permitted by Australian law, Toka excludes all liability for:

  • Loss or damage arising from a transaction between users
  • Inaccurate or incomplete listing information provided by sellers
  • Failure of Toka AI to provide accurate or complete responses
  • Loss of data, access, or availability of the Platform
  • Any indirect, incidental, consequential, or special loss or damage

Nothing in these Terms limits any rights you may have under the Australian Consumer Law that cannot be excluded by contract, including mandatory consumer guarantees.

10.3 Australian Consumer Law

Where Toka provides services to consumers (as defined under the Australian Consumer Law), those services come with statutory guarantees that cannot be excluded. Where our liability cannot be excluded, it is limited to resupplying the services or paying the cost of having the services supplied again.

11

Intellectual property

All content, design, trademarks, and software comprising the Toka Platform are owned by or licensed to Toka AI Pty Ltd. You must not reproduce, distribute, or create derivative works from any Toka content without our prior written consent.

By uploading content to the Platform (including photos, descriptions, and messages), you grant Toka a non-exclusive, royalty-free, worldwide licence to use, display, and store that content for the purposes of operating the Platform and, in de-identified form, for improving our AI systems.

You represent that you own or have the right to upload any content you submit, and that doing so does not infringe any third party's intellectual property rights.

12

Account suspension and termination

Toka may suspend or terminate your account at any time if we reasonably believe you have breached these Terms, engaged in fraudulent or harmful conduct, or where required by law.

You may delete your account at any time through the Platform or by contacting us at support@gettokaapp.com.

Upon termination, your right to access the Platform ceases immediately. Sections of these Terms that by their nature should survive termination will do so, including Sections 10, 11, and 13.

13

Governing law and disputes

These Terms are governed by the laws of Victoria, Australia. You agree to submit to the non-exclusive jurisdiction of the courts of Victoria for any dispute arising under or in connection with these Terms.

Before commencing formal proceedings, we encourage you to contact us at support@gettokaapp.com to attempt informal resolution. This does not affect your rights under the Australian Consumer Law.

14

Changes to these Terms

We may update these Terms from time to time. When we do, we will:

  • Post the updated Terms at gettokaapp.com/terms
  • Update the effective date at the top of this document
  • Notify you via in-app notification or email for material changes

Your continued use of the Platform after updated Terms take effect constitutes your acceptance. If you do not agree to the changes, you should stop using the Platform and may delete your account.

15

Contact us

For questions about these Terms, contact:

Toka Support

TOKA AI PTY LTD