Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 176

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 176
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|:----|:---------------|--------:|:----|:---------------|---------:|:----|:----------------------|---------:|:----|:------|----------:|:--|
| Granted                             |     |                | 858,821 |     |                |  629,303 |     |                       |  334,990 |     |       | 1,823,114 |   |
| Vested                              |     |                |       — |     |                | -170,683 |     |                       | -330,768 |     |       |  -501,451 |   |
| Cancelled                           |     |                |       — |     |                |        — |     |                       |        — |     |       |         — |   |
| Outstanding as of December 31, 2022 |     |                | 858,821 |     |                |  458,620 |     |                       |    4,222 |     |       | 1,321,663 |   |

The following table illustrates total share-based compensation expense, all of which was equity settled, for the years ended December 31, 2023, 2022 and 2021:

|                                             |     | For the year ended December 31, 
 2023                            |       |     | 2022 |       |     | 2021 |   |
|:--------------------------------------------|:----|:--------------------------------|------:|:----|:-----|------:|:----|:-----|:--|
| Selling, general and administrative expense |     |                                 | 5,131 |     |      | 7,128 |     |      | — |
| Research and development expense            |     |                                 |   262 |     |      | 2,781 |     |      | — |
| Total                                       |     | $                               | 5,393 |     | $    | 9,909 |     | $    | — |

At-listing plan

All executives and other key management members are eligible to receive RSUs under this plan. RSUs were granted on September 9, 2022 with the vesting commencement date of June 24, 2022; 33% of the RSUs vested on October 3, 2022 and 33% of the RSUs vested on June 24, 2023. The remaining RSUs will vest in one installment, with the