Investor Presentation

2 Investment highlights State-of-the-art EV powertrain development Developing one of the most powerful motors in the world - P10 rear motor with 450kW (~603 horsepower) - Highest power variant combined with front motor will deliver 650kW - - - 2-speed gearbox with dual clutch and disconnect feature = energy efficiency Compact design (~36*50*64 cm), facilitating special requirements for platforms - Multiple installation options for easy integration with multiple platforms Source: Company information Polestar 450 kW P10 motor PORSCHE PORSCHE 300 kW Taycan rear motor T TESLA 375 kW Model S Performance (Plaid tbd) Combined with state-of-the-art battery technology - - Developed 800V battery pack (based on Volvo Cars and Lotus technology) Switchable between 800V and 400V to match charging infrastructure - 103 kWh possible to charge to 80% in ~20 minutes - - Bi-directional/vehicle-to-grid charging compatible 20

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