Polestar Investor Presentation

1 Rapidly expanding Market size in million cars1 CAGR 2020-2025E +29% 1.4 2020A Investment highlights Premium/luxury EVs are the fastest growing segment of the global car market 4.9 A huge market opportunity Average global price per model Number of cars sold (2025E) Global premium/luxury EV market || $55,000-65,000 ✓ ~5 million $ 280-320bn 2025E EV market to outpace overall premium growth significantly given accelerating technology adoption in all major markets Driven by consumer behavior evolution, technological improvement, increased regulation and choice, as well as better charging solutions 1. Global market for BEV / PHEV premium luxury vehicles. Source: Leading management consultancy firm, May 2021. 15

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