Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 103

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 103
---
 (ii) cash bonuses earned with respect to achievement of key performance indicators during fiscal year 2022, which were paid in April 2023. No cash bonuses were earned or otherwise paid with respect to performance during fiscal year 2023. The recovery analysis further noted that executives covered by the Policy were granted: 419,563 performance stock units in September 2022 that were subject to achievement of pre-determined performance goals during the performance period commencing on July 1st, 2022 and ending on December 31st, 2024 and, if applicable, vesting in May 2025 (the “2022 Performance Units”), and 858,151 performance stock units in April 2023 that were subject to achievement of pre-determined performance goals during the performance period commencing on January 1st, 2023 and ending on December 31st, 2025 and, if applicable, vesting in June 2026 (the “2023 Performance Units”). Therefore, no amounts have been settled or otherwise paid with respect to the 2022 Performance Units or 2023 Performance Units. Amounts earned, if any, under the 2022 Performance Units and 2023 Performance Units will be paid based on appropriately restated metrics following the conclusion of the respective performance periods.

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# PART II

# PART III

## ITEM 17. FINANCIAL STATEMENTS
We have elected to provide financial statements pursuant to Item 18.

## ITEM 18. FINANCIAL STATEMENTS
Polestar's audited consolidated financial statements are included in this Report beginning at page F-1.

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## ITEM 19. EXHIBITS

### EXHIBIT INDEX
| No.   
 1.1   
 2.1   |     | Description                                                                                                                                                                                                                                                                       
 Articles of Association of Polestar Automotive Holding UK PLC, as currently in effect.                                                                                                                                                                                            
 ADS Deposit Agreement—Class A ADSs.                                                                                                                                                                                                                                               |     | Incorporated by Reference 
 Schedule Form             
 8-K**                     
 F-6EF                     |     |        Exhibit 
 4.1, Exhibit A 
            (a) |     | Filing Date     
 June 27, 2022   
 August 26, 2022 |
|:------|:----|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--------------------------|:----|---------------:|:----|:----------------|