Polestar Investor Presentation

Credibility & scalability Established OEM - - Product development - Production - Distribution - Technology - Financial Strength Business overview Combining the best of both worlds Agility & disruption Start-up - Innovation - Unconventional - Less bureaucracy - Brand personality - Team chemistry Global from day 1 - Asset-Light Growth/Scalable = - Already operational with global products and sales - 2020 10k vehicles sold with 2025E 290k targeted¹ - 10 markets across 3 continents - Sales operations currently in 45 cities - Leveraging Volvo Cars' and Geely Holding's industrial infrastructure 2 award winning cars - Digitized customer journey - Differentiated and sustainable design - - Direct to consumer business Bespoke technology & innovative service. - Polestar 1 & 2 have won multiple global awards - 5 launched models targeted by 2024E 1. Please see slide 33 for additional information on volumes Source: Management estimates 9

View entire presentation