Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 66

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 66
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| Volume of  internal vehicles                               |             |                                 |  1,958 |     |      |  1,630 |     |      |  1,915 |
|                                                            |             | For the year ended December 31, |        |     |      |        |     |      |        |
|                                                            |             |                            2023 |        |     | 2022 |        |     | 2021 |        |
| Markets2                                                   |             |                                 |     27 |     |      |     27 |     |      |     19 |
| Locations3                                                 |             |                                 |    192 |     |      |    158 |     |      |    103 |
| Service Points4                                            |             |                                 |  1,149 |     |      |  1,116 |     |      |    811 |

1 - Represents the sum of total volume of vehicles delivered for (a) external sales of new vehicles without repurchase obligations, (b) external sales of vehicles with repurchase obligations, and (c) internal use vehicles for demonstration and commercial purposes or to be used by Polestar employees (vehicles are owned by Polestar and included in Inventories). A vehicle is deemed delivered and included in the

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volume figure for each category once invoiced and registered to the external or internal counterparty, irrespective of revenue recognition. Revenue is recognized in scenarios (a) and (b) in accordance with IFRS 15, Revenue from Contracts with Customers ("IFRS 15"), and IFRS 16, Leases ("IFRS 16") , respectively. Revenue is not recognized in scenario (c).

2 - Represents the markets in which Polestar operates.

3 - Represents Polestar Spaces, Polestar Destinations, and Polestar Test Drive Centers.

4 - Represents Volvo Cars service centers which provide customers access to service points worldwide in support of Polestar’s international expansion.

#### Revenue
Revenue is comprised of revenue from the sale of vehicles, revenue from the sale of software and performance engineered kits, revenue from sales of carbon credits, vehicle leasing revenue, and other revenue. Revenue from the sale of vehicles constitutes the primary source of revenue and has historically been derived from sales of the PS2. Polestar’s main customers for electric vehicles consist of private individuals, fleet customers, dealers, importers, and financial service providers. Vehicles are sold to our related parties Volvo Cars and Volvo