Polestar Investor Presentation

Proven SPAC track record Alignment with key stakeholders Investor presentation The Gores SPAC franchise has a stellar track record - $39bn of transaction value across nine completed/ announced transactions - $6.8bn of new cash delivered across nine completed/ announced transactions - 14 SPACs raised to date, totaling $6.3bn (prior to PIPE commitments) - Polestar shareholders: compelling valuation and upside potential from rollover shares and earnout - - New investors: attractive entry valuation with long- term return potential Sponsor alignment: $795mn of capital committed by Gores Sponsor & affiliates in nine completed/ announced transactions An attractive opportunity for prospective targets - Nominal redemptions across eight completed transactions - Significant experience boosts transaction execution from upfront diligence through closing - Proven record of providing expedited access to liquidity, capital and value creation Transaction closed Transaction Proceeds value delivered GORES HOLDINGS Hostess Nov 2016 $2.3bn $725mn GORES HOLDINGS II VERRA MOBILITY™ Oct 2018 $2.4bn $800mn GORES HOLDINGS III PAE Feb 2020 $1.5bn $625mn GORES METROPOULOS LUMINAR Dec 2020 $2.9bn $590mn GORES HOLDINGS IV UWM Jan 2021 $16.1bn $925mn UNITED WHOLESALE MORTGAGE GORES HOLDINGS V Aug 2021 $8.5bn $1,000mn Ardagh Metal Packaging GORES HOLDINGS VI Matterport Jul 2021 $2.3bn $640mn GORES METROPOULOS II Sonder Jan 2022 $1.9bn $655mn GORES HOLDINGS VIII Q220221 $1.6bn $805mn¹ FOOTPRINT® Note: An investment in Gores Guggenheim or Polestar is not an investment in any other current or previous special purpose acquisition company sponsored by affiliates of The Gores Group (the "Gores SPACS"). The historical results of the Gores SPACS, including those represented in this presentation, are not necessarily indicative of future performance of Gores Guggenheim or Polestar. Proceeds delivered for Sonder include cash proceeds from convertible notes and delayed draw notes. 1. Footprint transaction was announced in December 2021 and is expected to close in Q2 2022. Proceeds delivered assume zero redemptions. 6

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