Investor Presentation

110 Appendix At the digital forefront Unique Experience Cutting edge. Bespoke. Seamless. - - - State-of-the-art electric motors State-of-the-art batteries First ever Android infotainment integration Robotaxi fleet could reach ~10mn units in 2030E, with a total service value reaching $400-600bn 1. Mobility as a Service (MaaS) Source: Company information, Leading management consultancy firm, Management estimates Autonomous Autonomous driving capabilities. In Polestar 3 Fully developed autonomous driving for highway pilot, commercial offering targeted for 2024E - Fully self-driving penetration in segment expected to be significant by 2030E at 8-12% Dedicated EV platform based on proven technology Contract with technology leader Waymo for self driving technology, in addition to established partners Zenseact and Nvidia Upside Profitable and recurring revenues Mobility Self-driving MaaS. In 3 ways. - - - Privately owned cars capable of highway autonomous driving Privately owned cars capable of all driving situations, removing the need for a private driver Dedicated self driving vehicles for shared self driving MaaS¹ Front-runner advantage in developing and/or acquiring technology to spearhead the EV market and leading in providing the market with relevant know-how Smart use of background IP in Volvo Cars / Geely Holding ecosystem to develop cutting edge technology at low cost and monetize sustainable solutions 47

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