Polestar governs and steers sustainability by adopting a process grounded in the principle of due diligence, aligning with the OECD Due Diligence Guidance for Responsible Business Conduct. This approach embeds responsible business conduct throughout the organisation and involves conducting risk and impact assessments to address environmental and social impacts. This process informs an ambitious sustainability strategy, where strategic initiatives aimed at reducing negative impacts and amplifying positive outcomes are tracked and communicated. [...] The Nominating and Governance Committee also oversees our sustainability strategy, remaining informed about material impacts, risks, and opportunities, including the implementation of due diligence. They monitor the outcomes and effectiveness of actions, metrics, and targets adopted to address material sustainability topics, and are responsible for reviewing and approving Polestar's double materiality process and results, as well as the information reported in the sustainability report. Our Head of Sustainability reports to the Nominating and Governance Committee three times a year. [...] Polestar actively participates in industry organisations such as E-mobility Europe, the European Association for Electromobility, and other multi-stakeholder initiatives like the Exponential Roadmap Initiative, Race to Zero, and the Responsible Business Alliance. Through these engagements, participation in roundtables, panel discussions, and various activities is undertaken, advocating for increased electric vehicle adoption and the shift to low-carbon mobility. No financial or in-kind political contributions are made. Polestar is registered in the EU Transparency Register under registration number 360724050677-34, through Polestar Performance AB, a company incorporated under Swedish law.