Company: PLSAY
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001884082-25-000012
Chunk: 380

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-05-09
Form: 20-F
Item: Item 19
Chunk 380
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. During 2024, the total number of RSAs granted was 876,835 1,990 9,187 21

One-time share-based retention program

On March 6, 2024, Polestar introduced a one-time share-based retention program for all permanent employees hired no later than December 1, 2023, in place of the 2023 Polestar Bonus. Under this program, Polestar granted RSUs on June 3, 2024, with an 11-month vesting period ending on May 3, 2025. The number of RSUs granted to each participant corresponds to Polestar's share price on the grant date and the cash value of that would have been granted to them under the 2023 Polestar Bonus. Receipt of this award is contingent upon the employee remaining employed with Polestar through the vesting date. During 2024, the total number of RSUs granted was 10,004,424 8,108 900,960 730

Note 9 - Other operating income and expense

The following table details the Group’s other operating income and expense:

                                                            For the year ended December 31,                         
  Other operating income                                    2024                                 2023        2022   
  Transition services to Polestar Times Technology          26,944                               —           —      
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Sales of plant operation services to a related party      10,100                               25,202      —      
  Reduction of litigation provision, net of insurance       2,345                                —           —      
  Gain on asset grouping sold to a related party            —                                    16,334      —      
  Sales of carbon credits to a related party                —                                    5,628       —      
  Net foreign exchange rate difference                      —                                    37,466      —      
  Other operating income                                    20,043                               15,773      4,723  
  Total                                                     $                                    $           $      
                                                            For the year ended December 31,                         
  Other operating expense                                   2024                                 2023        2022   
  Net foreign exchange rate difference                      43,705                               —           2,264  
  Transition services to Polestar Times Technology          8,939                                27,630      —      
  Non-income tax expense                                    1,248                                669         1,083  

F-37