Polestar Investor Presentation

Investor presentation The Gores SPAC franchise has a stellar track record Proven SPAC track record - $38bn of transaction value across eight completed/announced transactions - $6.0bn of new cash equity delivered across eight completed/announced transactions - 13 SPACS raised to date, totaling $5.7bn (prior to PIPE commitments) Alignment with key stakeholders An attractive opportunity for prospective targets Transaction closed Transaction Proceeds value delivered Redemption rate GORES HOLDINGS Hostess Nov 2016 $2.3bn $725mn 0% GORES HOLDINGS II VERRA MOBILITY™ Oct 2018 $2.4bn $800mn <1% - - Polestar shareholders: compelling valuation and upside potential from rollover shares and earnout - New investors: attractive entry valuation with long-term return potential Sponsor alignment: $655mn of capital committed by Gores Sponsor & affiliates in eight completed/announced transactions GORES HOLDINGS III PAE Feb 2020 $1.5bn $620mn 0% GORES METROPOULOS LUMINAR Dec 2020 $2.9bn $590mn 0% GORES HOLDINGS IV UWM Jan 2021 $16.1bn $925mn 0% UNITED WHOLESALE MORTGAGE - Nominal redemptions across seven completed transactions GORES HOLDINGS V Amp Aug 2021 $8.5bn $1,000mn 24% Ardagh Metal Packaging - Significant experience boosts transaction execution from upfront diligence through closing GORES HOLDINGS VI ☑Matterport Jul 2021 $2.3bn $640mn 0% Sonder Q4 20211 $2.2bn $650mn¹ N/A¹ - Proven record of providing expedited access to liquidity, capital and value creation 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. Redemption rate for AMP shown net of any backstop investments. GORES METROPOULOS II 1. Sonder transaction was announced in April 2021 and is expected to close in Q4 2021. Proceeds delivered assume zero redemptions. 6

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