Company: PLSAY
Filing Date: 2025-04-23
Form Type: 20-F/A
Source: 0001884082-25-000005
Chunk: 190

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-04-23
Form: 20-F/A
Chunk 190
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 year ended December 31, 2022, $ 51,534was a reclassification from Inventories to Property, plant and equipment for vehicles that were in the process of being repurposed permanently for leasing business with customers and were not sold during the year ended December 31, 2022.

3 - For the year ended December 31, 2023, Polestar 2 CGU was assessed for impairment, and impairment losses amounting to $ 22,090were recognized in Cost of Sales. The impairment amount was allocated to Machinery and equipment, and Machinery under development.

Note 17 - Financial instruments

The following table shows the carrying amounts of financial assets and liabilities measured at fair value through profit and loss on a recurring basis:

|                               |     | As of December 31, 2023 |       |     |         |       |     |         |         |     |       |         |     | As of December 31, 2022 |        |     |         |        |     |         |         |     |       |         |
|:------------------------------|:----|:------------------------|------:|:----|:--------|------:|:----|:--------|--------:|:----|:------|--------:|:----|:------------------------|-------:|:----|:--------|-------:|:----|:--------|--------:|:----|:------|--------:|
| Assets measured at FVTPL      |     | Level 1                 |       |     | Level 2 |       |     | Level 3 |         |     | Total |         |     | Level 1                 |        |     | Level 2 |        |     | Level 3 |         |     | Total |         |
| Other investments             |     |                         |     — |     |         |     — |     |         |   2,414 |     |       |   2,414 |     |                         |      — |     |         |      — |     |         |   2,333 |     |       |   2,333 |
| Total assets                  |     | $                       |     — |     | $       |     — |     | $       |   2,414 |     | $     |   2,414 |     | $                       |      — |     | $       |      — |     | $       |   2,333 |