Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 175

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 175
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 and others       |     |                                 |   651 |     |           |   534 |     |           |  282 |
| Total average monthly headcount of the Group |     |                                 | 2,222 |     |           | 1,890 |     |           |  993 |

Note 8 - Share-based payment

As noted in Note 1 - Overview and basis of preparation , Polestar granted shares to employees under the Omnibus Plan as part of the Group’s employee compensation. Under the Omnibus Plan, there are three kinds of programs: At-listing Plan, Post-listing Plan, and the Free Share Plan, all of which are equity-settled. The following table illustrates share activity for the year ended December 31, 2023:

|                                     |     | Number of PSUs |           |     | Number of RSUs |          |     | Number of Free Shares |        |     | Total |           |           |
| Outstanding as of January 1, 2023   |     |                |   858,821 |     |                |  458,620 |     |                       |  4,222 |     |       |           | 1,321,663 |
| Granted                             |     |                | 1,378,621 |     |                |  530,424 |     |                       |      — |     |       | 1,909,045 |           |
| Vested                              |     |                |         — |     |                | -169,853 |     |                       | -4,222 |     |       |  -174,075 |           |
| Cancelled                           |     |                |  -266,366 |     |                |  -57,120 |     |                       |      — |     |       |  -323,486 |           |
| Outstanding as of December 31, 2023 |     |                | 1,971,076 |     |                |  762,071 |     |                       |      — |     |       | 2,733,147 |           |

The following table illustrates share activity for the year ended December 31, 2022:

| Outstanding as of January 1, 2022   |     | Number of PSUs |       — |     | Number of RSUs |        — |     | Number of Free Shares |        — |     | Total |           | — |
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