Company: PLSAY
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001884082-25-000012
Chunk: 268

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-05-09
Form: 20-F
Item: Item 10
Chunk 268
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 might be relevant to U. S. Holders in light of their particular circumstances or status, including the Medicare contribution tax on net investment income, or U. S. Holders who are subject to special rules, including:

• brokers or dealers;

• traders in securities that elect to use a mark-to-market method of accounting for their securities holdings;

• S-corporations;

• governments or agencies or instrumentalities thereof;

• a person subject to the base erosion and anti-abuse tax;

• mutual funds;

• pension funds;

• investors subject to the alternative minimum tax provisions of the Code;

• accrual method taxpayers that file applicable financial statements as described in Section 451(b) of the Code; investors subject to the U. S. “anti-inversion” rules;

• tax-exempt organizations (including private foundations), qualified retirement plans, individual retirement accounts or other tax deferred accounts;

• banks or other financial institutions, underwriters, insurance companies, real estate investment trusts or regulated investment companies;

• U. S. expatriates or former long-term residents of the United States;

• persons that own (directly, indirectly, or by attribution) 5% or more (by vote or value) of any class of ADS or of the Company in the aggregate;

• persons holding ADSs as part of a straddle, hedging or conversion transaction, constructive sale, or other arrangement involving more than one position;

• U. S. Holders (as defined below) whose functional currency is not the U. S. dollar;

• persons who purchased Subscription Shares as part of the Subscription Investments or the Volvo Cars Preference Subscription Investment;

• the GGI Sponsor and the initial independent directors of GGI; or

• persons that received ADSs as compensation for services.

If a partnership (including any entity or arrangement treated as a partnership for U. S. federal income tax purposes) holds ADSs, the tax treatment of a partner in such partnership will depend upon the status and activities of the partner and the activities of the partnership. Partners should consult their tax advisors regarding the U. S. federal income tax treatment of the ownership and disposition of ADSs.

Table of Contents

ALL HOLDERS OF ADSs ARE URGED TO CONSULT THEIR TAX ADVISORS REGARDING THE TAX CONSIDERATIONS RELATING TO THE OWNERSHIP AND DISPOSITION OF ADSs, INCLUDING THE EFFECTS OF U. S. FEDERAL, STATE, AND LOCAL AND NON-U. S. TAX LAWS.

U. S. Federal