Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 208

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 208
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%, settled quarterly                |     |                     | 500,000 |     |                           |    70,417 |
| USD      |     | September 2023 - September 2024 |     | Unsecured3 |     | 12 month SOFR5plus0.65%, settled quarterly               |     |                     | 118,000 |     |                           |   118,000 |
| USD      |     | September 2023 - September 2024 |     | Secured6   |     | 12 month SOFR5plus1.11%, settled semi-annual             |     |                     | 100,000 |     |                           |   100,000 |
| CNY      |     | October 2023 - October 2024     |     | Unsecured3 |     | 12 month LPR4plus0.15%, settled quarterly                |     |                     | 200,000 |     |                           |    28,167 |
| CNY      |     | December 2023 - December 2024   |     | Unsecured3 |     | 12 month LPR4plus1.05%, settled quarterly                |     |                     |  92,000 |     |                           |    12,957 |
| USD      |     | December 2023 - December 2024   |     | Secured6   |     | 12 month SOFR5plus1.70%, settled semi-annual             |     |                     | 133,000 |     |                           |   133,000 |
| Total    |     |                                 |     |            |     |                                                          |     |                     |         |     | $                         | 1,923,755 |

1 - New vehicle inventory financed via this facility is pledged as security for 100% of the outstanding principal under the facility, via first-ranking English law security over vehicles and transport documents, until repaid. This facility consists of individual loans that have a repayment period of 90 days, and includes a covenant tied to the Group’s liquidity levels.

2 - Euro Interbank Offered Rate ("EURIBOR").

3 - Letters of keep well from both Volvo Cars and Geely.

4 - People’s Bank of China (“PBOC”) Loan Prime Rate (“LPR").

5 - Secured Overnight Financing Rate (“SOFR”).

6 - Secured by Geely.

The Group had the following working capital loans outstanding as of December 31, 202