Polestar Investor Presentation Deck

3 new models in development and targeted to launch by 2024E Polestar 2, Polestar 3 and Polestar 4 expected key drivers of volume, from 2023E onwards mainly from launch of latter two models resulting in significant sales increase Current volume plan projected through 2025E, while Capex plan includes spend for a new model launching post 2025E Sales in Europe, US and China from day 1 Financial overview Diverse new model pipeline driving top-line growth Volume by model, Thousands 29 29 2021¹ 0.2% Polestar 2 50 50 2022E 0.5% Polestar 3 124 Polestar 4 24 94 2023E 1.0% CO Note: Figures in page only includes core business. Management estimates based on assumptions regarding the total addressable market, Polestar's performance in the geographic regions where it competes and demand for its different car models. 1. See footnote 1 on slide 41 for additional information on volume results for 2021. Source: Business Plan, Management estimates. Polestar 5 225 11 43 67 104 2024E 1.8% 290 30 79 77 104 2025E 2.3% Implied market share of global premium market 32

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