Form SCHEDULE 13D/A Polestar Automotive Hold Filed by: Li Eric

Item 3 of the Statement is hereby amended and supplemented by inserting the following: Item 4 of this Statement is hereby incorporated by reference into this Item 3.

Item 4 of the Statement is hereby amended and supplemented by inserting the following: June 2026 Conversions On June 29, 2026, Geely Sweden Automotive Investment AB ("GSAI AB") transferred to Geely Sweden Automotive Investment B.V. ("GSAI BV") its rights as lender with respect to all outstanding principal and interest owed by the Issuer under the previously disclosed Term Facility Agreement, dated November 8, 2023 (the "Term Facility Agreement"). On June 30, 2026, GSAI BV converted approximately $300 million of such outstanding principal and interest into 15,511,892 Class A ADSs of the Issuer. Immediately after the conversion, Snita Holding B.V. converted approximately $66 million of its outstanding principal and interest owed by the Issuer under the previously disclosed Snita Term Loan Facility (as defined in Amendment No. 14) into 3,864,300 Class A ADSs of the Issuer. The shares held by Snita Holding B.V. are subject to a registration rights agreement entered into on September 27, 2021 (as subsequently amended, the "2021 Registration Rights Agreement"), which was filed as an exhibit to the Schedule 13D filed on July 7, 2022. Registration Rights Agreement On June 30, 2026, the Issuer entered into a registration rights agreement with GSAI BV (the "Registration Rights Agreement"), pursuant to which the Issuer has agreed to file a registration statement with the Securities and Exchange Commission (the "SEC"), covering the resale of the securities no later than 90 days following the entry into the Registration Rights Agreement and to use commercially reasonable efforts to have the registration statement declared effective by the SEC as soon as practicable after filing but no later than the 90th calendar day following the filing deadline for the registration statement, provided that if the SEC notifies the Issuer that it will "review" the registration statement, then the deadline shall be extended to 120 calendar days after the filing deadline. Term Loan Facility Amendment On June 3, 2026, the Issuer and Geely Sweden Automotive Investment AB entered into an amendment (the "Term Loan Facility Amendment") to the previously disclosed Term Facility Agreement, dated December 16, 2025 (the "December Term Facility"), to extend the term of the December Term Facility to June 30, 2027 and change the margin of the December Term Facility from 3.0% to 3.2% with effect from the next Interest Period following the General Effective Date (as defined in the Term Loan Facility Amendment). The foregoing description of the Registration Rights Agreement and Term Loan Facility Amendment do not purport to be complete, and are qualified in their entirety by reference to such agreements, which are attached as exhibits to this Statement and incorporated herein by reference.

Item 5(a) of the Statement is hereby amended and restated in its entirety as follows: The information contained on the cover pages to this Statement is incorporated herein by reference. The percentages of beneficial ownership set forth herein are based on (i) 163,283,710 Class A ADSs and (ii) 996,419 Class B ADSs, issued and outstanding as disclosed by the Issuer.

Item 5(b) of the Statement is hereby amended and restated in its entirety as follows: The information contained on the cover pages to this Statement is incorporated herein by reference.

Item 5(c) of the Statement is hereby amended and supplemented as follows: Except as described herein, the Reporting Persons have not effected any transactions in the Issuer's Shares in the last 60 days.

None.

Not applicable.

Item 6 of the Statement is hereby amended and supplemented by inserting the following: Item 4 above summarizes certain provisions of the Registration Rights Agreement and the Term Loan Facility Amendment and are incorporated herein by reference. A copy of such agreements are filed as exhibits to this Statement and incorporated herein by reference. Except as set forth herein, none of the Reporting Persons has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including, but not limited to, any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies.

Item 7 of the Statement is hereby amended and supplemented by inserting the following: Exhibit 8: Registration Rights Agreement, dated as of June 30, 2026, by and between Polestar Automotive Holding UK PLC and Geely Sweden Automotive Investment B.V. Exhibit 9: Amendment Letter, dated as of June 3, 2026, by and between Geely Sweden Automotive Investment AB and Polestar Automotive Holding UK PLC, to the Term Facility Agreement dated December 16, 2025 (incorporated by reference to Exhibit 99.1 of the Issuer's Form 6-K filed with the Securities and Exchange Commission on June 3, 2026).