Company: PLSAY
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001884082-25-000012
Chunk: 376

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-05-09
Form: 20-F
Item: Item 19
Chunk 376
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  Termination benefits                                                           5,727      —              —  
  Short-term employee benefits                                                   5,711      6,205      8,486  
  Share-based compensation                                                       1,430      1,829      1,294  
  Post-employment benefits                                                         656      907          996  
  Other long-term benefits                                                           —      —            228  
  Total benefits to key management personnel only                                    $      $              $  

The Group’s EMT has the authority and responsibility for planning, directing, and controlling the Polestar Group’s activities. The CEO has the ultimate authority for approval of actions proposed by each member of the EMT. As of December 31, 2024, the EMT consisted of the following individuals:

• Michael Lohscheller (CEO);

•Jean-François Mady (Chief Financial Officer, “ CFO”); and

• Jonas Engström (Chief Operating Officer, ("COO").

Effective December 2024, EMT included a COO position.

As of December 31, 2023, the EMT consisted of the following individuals:

•Thomas Ingenlath (CEO); and

• Johan Malmqvist (CFO).

On August 31, 2023, Dennis Nobelius resigned as COO.

As of December 31, 2022, the EMT consisted of the following individuals:

• Thomas Ingenlath (CEO);

•Johan Malmqvist (CFO); and

• Dennis Nobelius (COO).

The average monthly number of persons employed by the Group (including key management personnel) for the periods presented were as follows:

                                                    For the year ended December 31,                        
                                                                               2024       2023       2022  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────
  Sales and marketing                                                           707        796        705  
  R& D, design, and digital                                                     656        756        639  
  Manufacturing                                                                  18         19         12  
  Management, administration, and others                                        550        651        534  
  Total average monthly headcount of the Group                                1,931      2,222      1,890  

Note 8 - Share-based payment

As noted inNote 2 - Significant accounting policies and judgements, Polestar granted shares to employees under