Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 206

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 206
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 rate |     |            | -10,975 |     |                   |       — |     |            |      — |     |       |       — |     |       | -10,975 |
| Calculated translational difference - (Restated)                 |     |            |   2,985 |     |                   |     501 |     |            |      — |     |       |     292 |     |       |   3,778 |
| Balance as of December 31, 2023 - (Restated)                     |     | $          | 144,693 |     | $                 |   3,222 |     | $          | 35,676 |     | $     |   8,762 |     | $     | 192,353 |

<div align='center'>F-54</div>

| of which current - (Restated)     |     |  44,582 |     | 2,139 |     | 35,676 |     | 6,348 |     |  88,745 |
| of which non-current - (Restated) |     | 100,111 |     | 1,083 |     |      — |     | 2,414 |     | 103,608 |

GGI litigation

Per the terms of the BCA governing the merger with GGI discussed in Note 1 - Overview and basis of preparation , Polestar is obligated to indemnify directors, officers, and employees of GGI for six years following the Closing of the merger. In August 2023, former public stakeholders of GGI filed a legal claim against certain directors, officers, and employees of GGI; alleging certain misconduct by these individuals with respect to their duties to GGI's stakeholders during and prior to GGI's merger with Polestar. As of December 31, 2023, Polestar maintains a provision for $ 35,676relating to its indemnification obligation towards the defendants. Polestar's directors and officers insurance policy applies to the legal claim and provides coverage for up to $ 10,000of costs after $ 5,000has been paid by Polestar. As of December 31, 2023, the full $ 10,000has been recognized and included in Other current assets on the Consolidated Statement of Financial Position as a virtually certain offsetting recovery. As the outcome of the litigation includes inherent uncertainty, the direct result of the litigation may not