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Investor Presentation

- - - - 3 new models in development and targeted to launch by 2024E Polestar 2, Polestar 3 and Polestar 4 expected key drivers of volume, from 2023E onwards mainly from launch of latter two models resulting in significant sales increase Current volume plan projected through 2025E, while Capex plan includes spend for a new model launching post 2025E - Sales in Europe, US and China from day 1 Note: Figures in page only includes core business. Management estimates based on assumptions regarding the total addressable market, Polestar's performance in the geographic regions where it competes and demand for its different car models Source: Business Plan, Management estimates Financial overview Diverse new model pipeline driving top-line growth Volume by model, Thousands 290 30 225 11 79 43 33 33 124 77 67 6 CO 24 65 29 94 104 104 65 29 2021E 2022E 2023E 2024E 2025E 0.2% 0.6% 1.0% 1.8% 2.3% Polestar 2 Polestar 3 Polestar 4 Polestar 5 Implied market share of global premium market
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