Company: PLSAY
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001884082-25-000012
Chunk: 364

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-05-09
Form: 20-F
Item: Item 19
Chunk 364
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 share price of $ 1.53 1.53 3.79 3.79 6.72

The fair value of PSUs granted April 5, 2024, April 3, 2023, and September 9, 2022 was determined by calculating the weighted-average fair value of the 838,323 368,732 241,705 2,514,970 1,106,195 644,116 1.53 3.79 6.72 1.53 3.79 6.72

For the shares granted April 5, 2024, the fair value per unit of the units linked to market-based vesting conditions was determined to be $ 1.67 75 4.5 2.7 0 100,000 1.57 3.33 75 63.5 3.8 2.7 0 100,000 3.68 7.93 70 81.9 3.5 2.3 nil 100,000 7.02 Note 8 - Share-based payment for more detail on the Omnibus Incentive Plan.

Inventories

Inventories in Polestar Group includes new, used, and internal vehicles. Internal vehicles are those used by employees or the Group for demonstration, test drive, and various other operating purposes that will be sold as used vehicles. Most internal vehicles are utilized for a period of one year or less prior to sale. Inventories are measured at the lower of cost and NRV and consist primarily of finished goods as of December 31, 2024 and 2023. NRV is calculated as the selling price in the ordinary course of business less estimated costs of completion and selling costs. The cost of inventory primarily includes costs of purchase and costs of conversion. Costs of purchase includes contract manufacturing price and costs incurred in bringing the inventory to its present location and condition, including, but not limited to, costs such as freight and customs duties. Costs of conversion include costs directly related to variable production overheads, including but not limited to, depreciation and amortization on a units of production basis related to certain ROU lease assets utilized in production, machinery and equipment utilized in production, and intellectual property dedicated to our individual

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vehicle platforms. Costs for selling, administration and financial expenses are not included. For groups of similar products, a group valuation method is applied