Company: PLSAY
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001884082-25-000012
Chunk: 135

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-05-09
Form: 20-F
Item: Item 4
Chunk 135
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 state, provincial and local level is and will be an important aspect of Polestar’s ability to continue its operations.

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Many countries have announced a requirement for the sale of zero-emission vehicles only within proscribed timeframes, some as early as 2035, and Polestar as an electric vehicle manufacturer is already in a position to comply with these requirements across its entire coming product portfolio as it expands.

Emissions Credits

All manufacturers are required to comply with the applicable emission regulations in each jurisdiction in which they operate. Furthermore, since Polestar’s electric vehicles have zero tailpipe emissions, it earns emission grams or credits that may be sold to and used by other manufacturers.

Polestar aims to follow the development and opportunities connected to emission regulations in all geographic regions in which it operates. The ability to earn excess emission grams or credits is dependent on each jurisdictions’ regulations and the opportunity to get compensated by others depends on the demand from other manufacturers.

Recall activities

If Polestar vehicles need to be recalled or updated due to quality issues or not fulfilling applicable legal requirements in a market, decisions will be taken according to delegation of authority within Polestar. Reporting to authorities according to local requirements applies.

C. Organizational Structure

The following diagram depicts the organizational structure of the Company as of the date of this Report

Table of Contents

Table of Contents

The significant subsidiaries of the Company as of the date of this Report are listed below.

  Legal Name                                                       Jurisdiction of Incorporation      Proportion of Ordinary  
                                                                                                          Shares Held by the  
                                                                                                                     Company  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Polestar Holding AB                                              Sweden                                               100%  
  Polestar Automotive (Singapore) Pte. Ltd.                        Singapore                                            100%  
  Polestar Performance AB                                          Sweden                                               100%  
  Polestar Automotive Canada Inc.                                  Alberta, Canada                                      100%  
  Polestar Automotive USA Inc.                                     Delaware, USA                                        100%  
  Polestar Automotive US Investment Inc.                           Delaware, USA                                        100%  
  Polestar Automotive Belgium BV                                   Belgium                                              100%  
  Polestar Automotive Germany GmbH                                 Germany                                              100%  
  Polestar Automotive Netherlands BV                               Netherlands                                          100%  
  Polestar Automotive Sweden AB                                    Sweden                                               100%  
  Polestar Automotive Austria GmbH                                 Austria                                              100%  
  Polestar Automotive Denmark ApS                                  Denmark                                              100%  
  Polestar