Investor Presentation

7 Investment highlights Distinctive corporate culture 31 Thomas Ingenlath CEO Previously SVP of Design at Volvo Cars - Behind Volvo Cars's recent award winning design renaissance - Awarded "Design Hero" at the 2017 Autocar Awards Dennis Nobelius COO Previously CEO for Zenuity - Various roles within Volvo such as Project Manager for the Vehicle Line 90-series, MD in Switzerland, Plant Quality Director Johan Malmqvist CFO Previously CFO of Dole Foods in the US, Perstorp Chemical Company and DUNI in Sweden 20+ years of experience across multiple sectors, with last 7 years in perishable goods in the US Anna Rudensjö Legal Previously Legal Director at SKF Group - 20 years of experiences within legal in Sweden Nils Mösko Strategy & Business Development - Former Global Deputy CFO at Polestar - Previously held finance, treasury and controlling functions for Volvo Cars and Ford Motor 15+ years automotive experience Åsa Borg Brand & Marketing Former COO Care by Volvo - Previously positions as VP Brand & Marketing EMEA, VP Brand & Marketing Sweden Max Missoni Design Former Vice President Exterior Design at Volvo Cars - 20 years of designer experience within in the automotive industry Jörg Brandscheid R&D (starting October 1st) - Previously Executive Vice President Electronics at Hella APAC - Nearly 30 years of experience within the auto industry and several R&D roles across a range of technical areas and companies Mona Abbasi Customer Experience - Previously Senior Vice President Brand, Marketing & Communications at Husqvarna Group - 20+ years experience from leading consumer and IT brands Mike Whittington Global Sales - Previously worked with new EV introductions incl. from Jaguar Land Rover, PSA, Mercedes-Benz and Toyota 20+ years of experience in Automotive e-commerce strategy Monika Franke HR Former Senior HR Director, Global R&D, Purchasing & Quality of Volvo Cars - 20 years of experience with Volvo Cars Source: Company information Jonathan Goodman Polestar UK/PR & Comms. - - 25+ years of commercial experience in the car industry 20 years of operations experience from Peugeot incl. country manager for Belgium-Luxembourg Mikael Björklund Digital - Former COO for Swedish fashion brand Filippa K - Has held leading positions within companies such as Consortio Fashion Group, Schibsted, Kering and EY Fredrika Klarén Sustainability Previously Head of Sustainability at KappAhl 10+ years of experience with sustainability work at KappAhl and IKEA Victoria Falksund Programs & Planning - Previously Vice President Product Line management at Volvo Cars Worked at Arthur D. Little and Toyota F1 team before joining Mazda. She has since then held several management positions within Volvo Cars program management Ellie Huijing Wu Purchasing Previously Senior Purchasing Manager at Volvo Cars China 10+ years experience of automotive industry purchasing

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