Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 222

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 222
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ely being accounted for as a capital contribution instead of a financial liability. Accordingly, Polestar's obligation to Geely was recognized at the present value of $ 131,737, determined utilizing an estimated market interest rate in China of 5.2%, and the difference between the present value of Polestar's obligation and the purchase price from Geely of $ 25,565was recognized as a component of Other contributed capital.

Sale of goods, services and other

<div align='center'>F-62</div>

Related party revenue transactions relate to product development and sales and distribution agreements discussed above. These transactions are comprised of sales of products and related goods and services, sales of software technology and performance engineered kits, sales of carbon credits and sales of prototype engines. The total revenue recognized from each related party is shown in the table below:

|                            |     | For the year ended December 31, |    2023 |     |           |    2022 |     |           |    2021 |
|:---------------------------|:----|:--------------------------------|--------:|:----|:----------|--------:|:----|:----------|--------:|
|                            |     | -Restated                       |         |     | -Restated |         |     | -Restated |         |
| Volvo Cars                 |     |                                 |  86,460 |     |           |  64,558 |     |           |  79,646 |
| Volvofinans Bank AB        |     |                                 |  46,319 |     |           |  68,391 |     |           |  52,973 |
| Wuhan Lotus Cars Co., LTD. |     |                                 |   5,470 |     |           |       — |     |           |       — |
| Geely                      |     |                                 |     425 |     |           |       — |     |           |   2,347 |
| Total                      |     | $                               | 138,674 |     | $         | 132,949 |     | $         | 134,966 |

For the year ended December 31, 2023, revenue from related parties amounted to $ 138,674( 5.9%) of total Revenue. For the year ended December 31, 2022, revenue from related parties amounted to $ 132,949( 5.4%) of total Revenue. For the year ended December 31