Company: PLSAY
Filing Date: 2025-07-01
Form Type: 6-K/A
Source: 0001884082-25-000014
Chunk: 49

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-07-01
Form: 6-K/A
Chunk 49
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 recapitalization for additional information on the Class C Shares which are accounted for as derivative financial liabilities in accordance with IAS 32 and IFRS 9.

Note 14 - Liabilities to credit institutions

The carrying amount of Polestar Group’s liabilities to credit institutions as of June 30, 2024 and December 31, 2023 are as follows:

<div align='center'>F-21

Notes to the Unaudited Condensed Consolidated Financial Statements

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

|                                          | Liabilities to credit institutions |           | As of June 30, 2024 |     |   | As of December 31, 2023 |
|:-----------------------------------------|:-----------------------------------|:----------|--------------------:|:----|:--|------------------------:|
|                                          |                                    | -Restated |                     |     |   |                         |
| Current                                  |                                    |           |                     |     |   |                         |
| Working capital loans from banks         |                                    |           |           1,438,390 |     |   |               1,923,755 |
| Floorplan facilities                     |                                    |           |              73,269 |     |   |                  75,963 |
| Sale-leaseback facilities                |                                    |           |              27,672 |     |   |                  26,947 |
| Total                                    |                                    | $         |           1,539,331 |     | $ |               2,026,665 |
| Non Current                              |                                    |           |                     |     |   |                         |
| Syndicated loan from banks               |                                    |           |             936,217 |     |   |                       — |
| Total                                    |                                    | $         |             936,217 |     | $ |                       — |
| Total liabilities to credit institutions |                                    | $         |           2,475,548 |     | $ |               2,026,665 |

The Group has the following current working capital loans outstanding as of June 30, 2024:

| Currency |     | Term                            |     | Security   |     | Interest                                                                   |     | Nominal amount in respective currency (thousands) |         |     | Amount in USD (thousands) |           |
| USD      |     | August 2023 - August 2024       |     | Unsecured1 |     | 3 month SOFR2plus