Company: PLSAY
Filing Date: 2025-09-03
Form Type: 6-K
Source: 0001884082-25-000020
Chunk: 17

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-09-03
Form: 6-K
Chunk 17
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                               | 630 |     |                                 |      — |     |       |    630 |
| Total as of June 30, 2025     |     |                                 | 2,870 |     |                               | 630 |     |                                 | 12,965 |     |       | 16,465 |

There were no transfers between Level 1 and Level 2 in the six months ended June 30, 2025 and 2024.

Significant unobservable inputs to valuation of the contingent earn-out rights

As of June 30, 2025, the valuation technique for determining the fair value of the earn-out rights and the inputs used were unchanged from those described in the Group's 2024 Consolidated Financial Statements. The following table presents the variables considered in the valuation and the earn-out fair value:

|                    |     |     | As of June 30, 2025 |   |     | As of December, 31, 2024 |   |
|:-------------------|:----|:----|--------------------:|:--|:----|-------------------------:|:--|
| Implied volatility |     |     |                80.0 | % |     |                     85.0 | % |
| Risk-free rate     |     |     |                 3.7 | % |     |                      4.0 | % |

The implied volatility represents the most significant unobservable input utilized in this Level 3 valuation technique. As of June 30, 2025, a 1% increase in the implied volatility would have resulted in an increase in fair value of $ 1,017, and a 1% decrease would have resulted in a decrease in fair value of $ 1,768.

The table that follows shows the changes in the fair value of the earn-out rights in the periods presented:

|                                  |     | Earn-out rights |          |
| As of January 1, 2024            |     |                 |  155,402 |
| Change in fair value measurement |     |                 | -139,638 |
| As of June 30, 2024              |     |                 |   15,764 |
| As of January 1, 2025            |     |                 |   28,778 |
| Change in fair value measurement |     |                 |  -15,813 |
| As of June 30, 2025              |     |                 |