Polestar SPAC Presentation Deck

6 Volume¹, Thousands CAGR: +78% 29 2021E 290 1. Please refer to slide 33 for additional information on volumes 2. Please refer to slide 42-43 for additional information on financials Source: Business Plan, Management estimates 2025E Strong volume growth expected over the coming years driven by new models and entering new markets Investment highlights High growth model with leading margins Revenue², $bn CAGR: +83% 1.6 2021E 17.8 2025E New model line up in premium / luxury segment and new markets expected to contribute to strong top line growth 2025E EBIT2, $bn EBIT Margin: 9% 1.6 2025E EBIT break-even expected in 2023E 29

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