X0202 SCHEDULE 13D/A 0001965905 XXXXXXXX LIVE 14 Class A American Depositary Shares, Class A Ordinary Shares, par value $0.01 each 03/31/2026 false 0001884082 731105201 Polestar Automotive Holding UK PLC

Assar Gabrielssons Vag 9 Goteborg V7 405 31

Zhejiang Geely Holding Group 86-571-2809-8282 No. 1760 Jiangling Road, Binjiang District Hangzhou F4 3100 51 0001965905 N Eric Li WC OO N F4 88949747.00 0.00 79981976.00 0.00 79981976.00 N 55.2 IN 0001936654 N Volvo Car Corporation WC OO N V7 28827431.00 0.00 28827431.00 0.00 28827431.00 N 19.9 CO Y PSD Investment Limited OO N D8 42917431.00 0.00 33949660.00 0.00 33949660.00 N 23.4 CO Y PSD Capital Limited OO N D8 42917431.00 0.00 33949660.00 0.00 33949660.00 N 23.4 CO Y Snita Holding B.V. AF OO N P7 28827431.00 0.00 28827431.00 0.00 28827431.00 N 19.9 CO 0001899294 N Volvo Car AB WC OO N V7 28827431.00 0.00 0.00 28827431.00 28827431.00 N 19.9 CO Y Geely Sweden Holdings AB WC OO N V7 46032316.00 0.00 46032316.00 0.00 46032316.00 N 31.8 CO Y Shanghai Geely Zhaoyuan International Investment Co., Ltd WC OO N F4 46032316.00 0.00 46032316.00 0.00 46032316.00 N 31.8 CO Y Beijing Geely Wanyuan International Investment Co., Ltd WC OO N F4 46032316.00 0.00 46032316.00 0.00 46032316.00 N 31.8 CO Y Beijing Geely Kaisheng International Investment Co., Ltd WC OO N F4 46032316.00 0.00 46032316.00 0.00 46032316.00 N 31.8 CO Y Zhejiang Geely Holding Group Company Limited WC OO N F4 46032316.00 0.00 46032316.00 0.00 46032316.00 N 31.8 CO Y Geely Sweden Automotive Investment B.V. WC OO N P7 16738542.00 0.00 16738542.00 0.00 16738542.00 N 11.6 CO Class A American Depositary Shares, Class A Ordinary Shares, par value $0.01 each Polestar Automotive Holding UK PLC Assar Gabrielssons Vag 9 Goteborg V7 405 31 This Amendment No. 14 to Schedule 13D ("Amendment No. 14") amends and supplements the Statement on Schedule 13D filed with the United States Securities and Exchange Commission on July 7, 2022 (as amended to date, the "Statement"), relating to Class A ordinary shares, par value $0.01 per share (the "Class A Shares"), of Polestar Automotive Holding UK PLC, a limited company incorporated under the laws of England and Wales (the "Issuer"). Capitalized terms used herein without definition shall have the meaning set forth in the Statement. Item 4 of the Statement is hereby amended and supplemented by inserting the following: Snita Holding B.V. ("Snita") has agreed with Polestar Automotive Holding UK PLC ("Polestar") to convert approximately USD 339 million of the outstanding principal owed by Polestar under the Term Facility Agreement, dated November 3, 2022, as amended by an Amendment Letter dated November 8, 2023, an Amendment Letter dated August 21, 2024 and an Amendment Letter dated as of March 31 2026 (the "Third Facility Amendment") (the "Snita Term Loan Facility"), into Polestar equity. The Third Facility Amendment extends the maturity of the remaining approximately USD 726 million of loan principal (USD 661 million after the second tranche of the conversion described below)) under the Snita Term Loan Facility to December 31, 2031, and changes the margin of the Snita Term Loan Facility from 4.97% to 5.4%. This conversion is expected to be completed in two tranches. The first tranche was completed on March 31, 2026, whereby Snita converted approximately USD 274 million of principal outstanding under the Snita Term Loan Facility into 16,150,000 Class A American Depositary Shares ("ADSs") of Polestar. The second tranche is expected to be completed before June 30, 2026, whereby Snita will convert approximately USD 65 million into 3,850,000 Class A ADSs of Polestar. The closing of the second tranche is anticipated to occur immediately following the previously announced conversion by Geely Sweden Holdings AB of approximately USD 300 million of its outstanding principal and interest owed by Polestar under a Term Facility Agreement, dated 8 November 2023, into Polestar equity, which remains subject to regulatory approvals. In the event that Polestar issues new equity in the future that results in the dilution of Snita's holdings, the conversion agreement provides Snita with the right to convert additional principal amount of loans outstanding under Snita Term Loan Facility into Polestar equity so as to maintain a beneficial ownership in Polestar of 19.9% of the combined Class A and Class B ADSs in issue, and Snita has agreed to consider effecting such further conversions. 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) 143,865,248 Class A ADSs and (ii) 996,419 Class B ADSs, issued and outstanding as of March 31, 2026. 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: The Reporting Persons have not effected any transactions in the Issuer's Shares since Amendment No. 13. None. Not applicable. Item 6 of the Statement is hereby amended and supplemented by inserting the following: The information set forth in Item 4 above is incorporated herein by reference. Exhibit Number 1 Conversion agreement dated March 31, 2026. Eric Li /s/ Eric Li 04/02/2026 Volvo Car Corporation /s/ Fredrik Hansson 04/02/2026 /s/ Helen Hu 04/02/2026 PSD Investment Limited /s/ Shufu Li 04/02/2026 PSD Capital Limited /s/ Shufu Li 04/02/2026 Snita Holding B.V. /s/ Fredrik Hansson 04/02/2026 /s/ Helen Hu 04/02/2026 Volvo Car AB /s/ Fredrik Hansson 04/02/2026 /s/ Helen Hu 04/02/2026 Geely Sweden Holdings AB /s/ Shufu Li 04/02/2026 /s/ Donghui Li 04/02/2026 Shanghai Geely Zhaoyuan International Investment Co., Ltd /s/ Quang Zhang 04/02/2026 Beijing Geely Wanyuan International Investment Co., Ltd /s/ Quan Zhang 04/02/2026 Beijing Geely Kaisheng International Investment Co., Ltd /s/ Quan Zhang 04/02/2026 Zhejiang Geely Holding Group Company Limited /s/ Conghui An 04/02/2026 Geely Sweden Automotive Investment B.V. /s/ Per Ansgar 04/02/2026 /s/ Quan Zhang 04/02/2026