Company: PLSAY
Filing Date: 2025-07-01
Form Type: 6-K/A
Source: 0001884082-25-000014
Chunk: 56

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-07-01
Form: 6-K/A
Chunk 56
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     |   |                  167,989 |
| Ziklo Bank AB                   |                                                                                                                   |   |               5,126 |     |   |                      954 |
| Wuhan Lotus Cars Co., LTD.      |                                                                                                                   |   |               4,336 |     |   |                    4,574 |
| Polestar Times Technology       |                                                                                                                   |   |               2,688 |     |   |                    4,177 |
| Volvo Car Financial Services UK |                                                                                                                   |   |               1,010 |     |   |                      534 |
| Total                           |                                                                                                                   | $ |              75,281 |     | $ |                  223,207 |

<div align='center'>F-25

Notes to the Unaudited Condensed Consolidated Financial Statements

(in thousands of U.S. dollars unless otherwise stated)</div>

Note 16 - Commitments and contingencies

Commitments

As of June 30, 2024, commitments to acquire PPE and intangible assets were $ 40,035and $ 9,077, respectively. As of December 31, 2023, commitments to acquire PPE and intangible assets were $ 42,288and $ 31,338, respectively. These commitments are contractual obligations to invest in PPE and intangible assets for the production of upcoming vehicle models Polestar 3, Polestar 4, Polestar 5 and Polestar 6. As of June 30, 2024 and December 31, 2023, Polestar also had a capital injection commitment related to the investment in Polestar Times Technology amounting to $ 0and $ 68,600, respectively. Refer to Note 5 - Investment in associates for more details on the investment in Polestar Times Technology.

Polestar has signed contracts with certain suppliers including a non-cancellable commitment, an agreed minimum purchase volume, or an agreed minimum sales volume. In the event of a shortfall in purchases, a shortfall in sales, or Polestar´s decision to terminate such contracts, these suppliers are entitled to compensation from Polestar. The amounts in the table below represent Polestar´s future commitments as of June 30, 2024:

|                                                      |     | Total |         |     | Less than 1 year |         |     | Between 1-5 years |         |     | After 5 years |        |
| PS2 battery purchase volume commitments              |     |