Company: PLSAY
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001884082-25-000012
Chunk: 417

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-05-09
Form: 20-F
Item: Item 19
Chunk 417
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 Polestar borrowed $ 50,000 1.0 1 150,000 1.1 50,000 1.0 3 50,000 1.0 1

On February 25, 2025, Polestar entered into another 12-month 450,000 300,000 1.7 1 100,000 1.7 1 300,000 1.7 1

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month. On April 22, 2025, Polestar borrowed $ 100,000 1.7 1

Both BBVA facilities can be drawn down in EUR or USD and have a maximum repayment period of 12 months. All draws under both revolving credit facilities are secured by Geely.

On February 26, 2025, Polestar agreed to a one-year 470,000 2.3 90 90,000 10,000 130,000 10,000 100,000

On March 12, 2025, Polestar entered into a 12-month 255,000 4.0

On March 26, 2025, Polestar entered into a 12-month 150,000 150,000 2.5

On March 28, 2025, Polestar entered into a 12-month 210,000 5.45

On March 28, 2025, Polestar entered into a 12-month 800,000 0.55

From December 31, 2024 until the date these Consolidated Financial Statements were authorized for issuance, Polestar has made multiple 1-month draws under its $ 300,000 1.0 1 75,000

On April 10, 2025, Polestar entered into an agreement with Xingji Meizu to terminate commercial operations of its investment in associate, Polestar Times Technology, in China and transfer the distribution rights related to Polestar branded vehicles back to Polestar. As part of the agreement, Polestar Times Technology will continue certain non-commercial operations while winding down commercial activities. Polestar Times Technology will take sole responsibility for settlement of any outstanding financial obligations and remaining liabilities against its business partners, suppliers, and external investors. The agreement also includes the transfer of certain assets from Polestar Times Technology back to Polestar on arms-length terms in order for Polestar to resume exclusive control of commercial operations, including sales,