Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 92

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 92
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            | 2022 |     |            | 2021 |     |          |
|:-------------------------------------------|:----|:--------------------------------|:----|-----------:|:-----|:----|-----------:|:-----|:----|---------:|
| Net cash used for operating activities     |     |                                 |     | -1,893,841 |      |     | -1,080,951 |      |     | -324,050 |
| Additions to property, plant and equipment |     |                                 |     |   -137,400 |      |     |    -32,269 |      |     |  -24,701 |
| Additions to intangible assets             |     |                                 |     |   -435,584 |      |     |   -674,275 |      |     | -102,236 |
| Adjusted free cash flow                    |     | $                               |     | -2,466,825 | $    |     | -1,787,495 | $    |     | -450,987 |

D. Research and Development, Patents and Licenses, etc.

Full details of our research and development activities and expenditures are given under the description of the “Research and development expenses” in “Results of operations” within this “Operating and Financial Review and Prospects” section.

#### E. Trend information
Other than what is disclosed elsewhere in this Report, Polestar is not aware of any trends, uncertainties, demands, commitments, or events for the year ended December 31, 2023, that would reasonably be likely to have a material and adverse effect on revenues, income, profitability, liquidity, or capital resources or that would cause the disclosed financial information to be not necessarily indicative of future operating results or financial condition.

Please refer to “Key factors affecting operations” within this “Operating and Financial Review and Prospects” section for a discussion of known trends, uncertainties, demands, commitments, or events that are reasonably likely to have a material effect on revenues, income, profitability, liquidity, or capital resources that would cause the disclosed financial information to be not necessarily indicative of future operating results or financial condition.

#### F. Critical accounting estimates
Polestar prepares its Consolidated Financial Statements in accordance with the IFRS issued by the International Accounting Standards Board (“IASB”). The preparation of our Consolidated Financial Statements requires Polestar to make estimates, assumptions, and judgments that affect the reported amounts and related disclosures. All estimates, assumptions, and