Company: PLSAY
Filing Date: 2025-07-01
Form Type: 6-K/A
Source: 0001884082-25-000014
Chunk: 51

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-07-01
Form: 6-K/A
Chunk 51
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 as of June 30, 2024:

<div align='center'>F-22

Notes to the Unaudited Condensed Consolidated Financial Statements

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

| Currency 
 USD      
 EUR      |     | Term                          
 February 2024 - February 2027 
 February 2024 - February 2027 |     | Security     
 Unsecured1,2 
 Unsecured1,2 |     | Interest                    
 3 month Term SOFR3plus3.35% 
 3 month EURIBOR4plus2.85%   |     | Nominal amount in        
 respective currency -    
 (thousands) - (Restated) | 576,618 
 336,073 |     | Amount in                
 USD -                    
 (thousands) - (Restated) | 576,618 
 359,599 |
|:---------|:----|:------------------------------|:----|:-------------|:----|:----------------------------|:----|:-------------------------|:--------|:----|:-------------------------|--------:|
| Total    |     |                               |     |              |     |                             |     |                          |         |     | $                        | 936,217 |

1 - Letter of keep well from Geely and letters of comfort from Volvo Cars and PSD.

2 - The loans are secured by interest reserve accounts pledges with an aggregate of three months interest deposited. The Group had a restricted cash balance of $ 21,490as of June 30, 2024.

3 - Term Secured Overnight Financing Rate ("Term SOFR").

4 - Euro Interbank Offered Rate (“EURIBOR”).

The syndicated loan is subject to covenant requirements, including but not limited to a minimum annual revenue of $ 5,359,900for 2024, minimum quarterly cash levels of € 400,000, and maximum quarterly financial indebtedness of $ 5,500,000.

Floorplan facilities

In the ordinary course of business, Polestar, on a market-by-market basis, enters into multiple low-value credit facilities with various financial service providers to fund operations related to vehicle sales. These facilities provide access to credit with the option to renew as mutually determined by Polestar Group and the financial service provider. The facilities are partially secured by the underlying assets on a market-by-market basis. As of June 30, 2024 and December 31, 2023, the aggregate amount outstanding under these arrangements was $