LiveWire Group, Inc.

10. Product Warranty and Recall Campaigns

The Company provides a limited warranty on new LiveWire One and S2 electric motorcycles for a period oftwo years, except for the battery, which is covered forfive years. The S4 Honcho TMplatform was launched in August 2026, which includedtwo new 125-cc electric motorcycle models: the S4 Honcho TM Street and the S4 Honcho TM Trail. The Company provides a limitedtwo-year warranty on new S4 Honcho TM Street electric motorcycles and a limitedone-year warranty on new S4 Honcho TM Trail electric motorcycles. The Company also provides limited warranties on parts and accessories, electric balance bikes and electric bikes. The warranty coverage for the retail customer generally begins when the product is sold to the retail customer. The Company accrues future warranty claims at the time of sale by the Company using an estimated cost based primarily on historical Company claim information. In the case of both warranty and recall costs, as actual experience becomes available it is used to update the accruals.

Additionally, the Company may from time-to-time initiate certain voluntary recall campaigns. The Company records estimated recall costs when the liability is both probable and estimable. This generally occurs when the Company’s management approves and commits to a recall. The warranty and recall liability are included in Accrued liabilities and Other long-term liabilities on the consolidated balance sheets.

Changes in the Company’s warranty and recall liability were as follows (in thousands):

The liability for recall campaigns included in the above table was $22 thousand and $29 thousand as of September 30, 2026 and December 31, 2025, respectively.