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Investor Presentation

1 Investment highlights Polestar addresses the fastest growing segments of the premium/luxury market Addressing -80% of the market 2025E Total Market Size per segment and car type in million units (incl. ICE vehicles) In the fastest growing categories 2020-2025E EV CAGR per car type In the fastest growing geographies 2020-2025E EV CAGR per region 2.1 21 2.9 Polestar covers ~80% of the premium/luxury market 2.4 +46% +39% 3.2 +33% +31% +29% +28% 2.1 +14% +29% PS2 C/D premium PS3 SUVE premium PS4 SUVD premium PS5 Fcoupe premium Americas EMEA China Global PS2 (C/D Conventional) PS4 (D SUV) Other Source: Leading management consultancy firm PS3 (E/F SUV) PS5 (E/F Conventional) ā˜ Polestar segments covered Note: No segment A cars in premium/luxury market; Sub segments for passenger cars are named with letters: B stands for Supermini, C stands for Medium, D stands for Upper medium, E stands for Large and F stands for Super Source: IHS, Leading management consultancy firm 16
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