Common use of DESCRIPTION OF THE SERVICE ACTIVITIES Clause in Contracts

DESCRIPTION OF THE SERVICE ACTIVITIES. 5.1 The Service will be provided in two main phases: 1. Sourcing—Volvo Cars Procurement will lead the sourcing including team set-up, planning, execution, negotiation, contract, including performing needed supplier assessments. 2. Industrialization—Volvo Cars Procurement will place orders and lead the commercial Modification Change Requests. 5.2 The Service deliveries will be the following: • Sourcing work leading up to a Sourcing Strategy and Sourcing Decision in SCM/SCC. • Prepare Supplier contracts (to be signed by Polestar). • Place orders. Ordering for Polestar will be done in SRM with Polestar order template. Polestar requisitions will be approved in Polestar Delegation of Authority and orders will be approved in SRM according to Volvo Delegation of Authority. 5.3 Volvo Cars Procurement will perform procurement deliveries through the following functions and their activities: • Program management—Scope and plan the sourcing activities and drive that tasks are met timely • Buyers-Perform supplier evaluation (SEM), lead the sourcing, negotiation, supplier selection and contract signing including ordering. In addition Volvo Cars Procurement will provide all management and business support needed to support the different functions and processes with decisions and business analysis to support these decisions. 5.4 The Service Provider will keep the Purchaser informed of the overall progress and other information of the sourcing including potential deviations from targets in Polestar Program Governance Meeting (“PPGM”). The Service Provider will align with the Purchaser and share necessary information in front of SCM about proposed and alternative suppliers and commercial solutions.

DESCRIPTION OF THE SERVICE ACTIVITIES. 5.1 The Service service will be provided in two three main phases: 1. Strategic—strategic alignment for Polestar Vehicle. Volvo Cars Procurement is responsible to lead the overall strategic work including CBP, Design to Profitability (“DtP”) and benchmarking and will align the strategy and the targets with Polestar. 2. Sourcing—Volvo Cars Procurement will lead the sourcing including team set-up, planning, execution, negotiation, contract, including performing needed supplier quality assessments. 23. Industrialization—Volvo Cars Procurement will place orders and lead the commercial Modification Change Requestsindustrialization including, risk assessment, PPAP and capacity verification. 5.2 The Service service deliveries will be the following: • Sourcing work including cost estimates and capacity leading up to a Sourcing Strategy and Sourcing Decision in SCM/SCC. • Prepare Supplier contracts and Contracted Weekly Capacity (“CWC”) (to be signed by Polestar). • Place ordersbuild, tool, prototype, engineering and production orders (blanket) and price updates. Ordering for Polestar will be done in SRM SI +/SAP with Polestar order templatetemplate when Polestar owned tool orders. For Volvo Cars Procurement to be able to place orders in SI+, Polestar unique suppliers need to be registered and included in supplier base system VSM/Parma. Polestar requisitions will be approved in Polestar Delegation of Authority and orders will be approved in SRM SI+ according to Volvo Delegation of Authority. • PSW/PPAP per part number, approved by Volvo Site SQM including Verified Weekly Capacity. • 0 km Supplier quality assurance up to Start of Production + 90 days. 5.3 Volvo Cars Procurement will perform procurement deliveries through the following functions and their activities: • Program management/XXX—Scope and plan the sourcing activities and drive that tasks are met timely timely, both for Polestar Technology and platform related parts and xxxxxxx Capacity Increase Requests (“CIR”). • Capacity and volume pre-requisites team—Provide, via SP-tool, volume pre-requisites for the buyers RFQ and Contracted Weekly Capacity to the SQM supplier capacity verification • Hardware, Software and Propulsion Buyers-—Perform supplier evaluation (SEM), lead the sourcing, negotiation, supplier selection and contract signing including ordering. • Cost estimator—Perform cost estimates based on LCE and OCE and communicate with the Buyer. • Forward Sourcing Buyer—Manage sourcing process and analysis in sourcing system VGS • SQM—Perform supplier evaluations (MSA), PPAP and verify supplier capacity. • Resident SQM—Plant situated SQM, will secure supplier quality at launch and 0 km supplier quality assurance. In addition Volvo Cars Procurement will provide all management and business support needed to support the different functions and processes with decisions and business analysis to support these decisions. 5.4 The Service Provider will keep the Purchaser informed of the overall progress and other information of the sourcing including potential deviations from targets in Polestar Program Governance Meeting (“PPGM”). The Service Provider will align with the Purchaser and share necessary information in front of SCM about proposed and alternative suppliers and commercial solutions.

DESCRIPTION OF THE SERVICE ACTIVITIES. 5.1 The Service service will be provided in two main phasesareas: 1. Carry-over and modification sourcing from [***] to [***] • Planning and Sourcing—Volvo Cars Procurement will lead the sourcing including team set-up, planning, execution, negotiation, contract, including performing needed supplier quality assessments. • Industrialization—Volvo cars Procurement will lead the industrialization work including project changes through normal VPC-process, risk assessment, PPAP, and capacity verification. 2. Industrialization—Volvo Cars Procurement will place orders and lead [***] support to Polestar throughout the commercial Modification Change Requests. 5.2 The Service deliveries will be program within the following: • Sourcing Program liaison. Be the single point of contact to Polestar regarding other requested Polestar unique information (i.e information sharing requests, order status tracking) and manage outsourced services etc. • Sustainability assessment and verification of all suppliers in [***] when necessary • If requested, onboarding of new suppliers in VGS/Parma and ordering in 51+ through Volvo Cars managed Out-sourced services 5.2 The scope of the sourcing work of carry-over & modified parts from [***] to [***] is described in the attached Schedule 1 and includes: • Request new capacity (RWC) and RFQ out to supplier • ESOW/specification alignment, in case of modified carry-over parts • Quotation analysis and cost estimates, negotiations with suppliers • Plan/prepare c/o sourcing in VGS, get internal approvals leading to approval • Create contract addendum and signing process with supplier • Feedback Contracted Weekly Capacity (CWC) to SP-tool Moreover, for quality assurance, this includes capacity verification at supplier and quality verification for modified parts and PSW/PPAP per part number, approved by Volvo Cars Site SQM including verified weekly capacity. SQM will also manage 0 km supplier quality assurance up to a Sourcing Strategy and Sourcing Decision in SCM/SCC. • Prepare Supplier contracts (to be signed by Polestar). • Place orders. Ordering for Polestar will be done in SRM with Polestar order template. Polestar requisitions will be approved in Polestar Delegation Start of Authority and orders will be approved in SRM according to Volvo Delegation of AuthorityProduction + 90 days. 5.3 Volvo Cars Procurement Scope of Sourcing Work and Changes in the Part List (Schedule 1) 5.3.1 Only Part Numbers released and possible to identify in Service Provider’s systems will perform procurement deliveries through be included in the following functions scope. Part numbers not possible to identify will be rejected from the scope. 5.3.2 If Purchaser requests changes to the scope (added / deleted parts from Schedule 1) after the signing of this agreement, such a change need to be clearly defined by Purchaser in a written notice to Service Provider without unnecessary delay. Such a written notice will not automatically lead to that Service Provider accepts and their activities: • Program management—Scope implements the change, Service Provider will assess the possibility to manage these changes depending on resource situation and plan other relevant aspects and inform Purchaser. 5.3.3 If Purchaser requests changes to the sourcing activities scope as described in 5.3.2, and drive that tasks are met timely • Buyers-Perform these changes eventually lead to supplier evaluation (SEM)claims, lead the sourcing, negotiation, supplier selection and contract signing including ordering. In addition Volvo Cars Procurement Purchaser will provide all management and business support needed to support take full responsibility for the different functions and processes with decisions and business analysis to support these decisionsclaims. 5.4 Sustainability-the following sustainability services would be offered and delivered for full [***] and [***] project: • Compliance Due Diligence: Conduct screening and provide result prior sourcing and re-occurring for running suppliers within Direct Material and Indirect Material. The Service Provider Purchaser will keep the Purchaser informed of the overall progress decide on process for handling discrepancies and other information of the sourcing including potential deviations from targets execute accordingly in Polestar Program Governance Meeting (“PPGM”)business. The Service Provider will align with the Purchaser is responsible for obtaining license and share necessary information in front of SCM about proposed and alternative suppliers and commercial solutionsproviding supplier lists through automated process.

DESCRIPTION OF THE SERVICE ACTIVITIES. 5.1 The Service service that will be provided from Volvo in two main phasesChina: 1. Carry-over and modification sourcing from [***] to [***] ® Planning and Sourcing—Volvo Cars Procurement will lead the sourcing including team set-up, planning, execution, negotiation, contract, including performing needed supplier quality assessments. 2. • Industrialization—Volvo Cars cars Procurement will place orders and lead the commercial Modification Change Requestsindustrialization work including project changes through normal VPC-process, risk assessment, PPAP, and capacity verification. 5.2 The scope of the sourcing work of carry-over & modified parts from [***] to [***] is described in the attached Schedule 1 and includes: • Request new capacity (RWC) and RFQ out to supplier • ESOW/specification alignment, in case of modified carry-over parts • Quotation analysis and cost estimates, negotiations with suppliers • Plan/prepare c/o sourcing in VGS, get internal approvals leading to approval • Create contract addendum and signing process with supplier • Feedback Contracted Weekly Capacity (CWC) to SP-tool Moreover, for quality assurance, this includes capacity verification at supplier and quality verification for modified parts and PSW/PPAP per part number, approved by Volvo Cars Site SQM including verified weekly capacity. SQM will also manage 0 km supplier quality assurance up to Start of Production + 90 days. 5.3 Scope of Sourcing Work and Changes in the Part List (Schedule 1) 5.3.1 Only Part Numbers released and possible to identify in Service deliveries Provider’s systems will be included in the following: • Sourcing work leading up scope. Part numbers not possible to identify will be rejected from the scope. 5.3.2 If Purchaser requests changes to the scope (added / deleted parts from Schedule 1) after the signing of this agreement, such a Sourcing Strategy and Sourcing Decision in SCM/SCC. • Prepare Supplier contracts (change need to be signed clearly defined by PolestarPurchaser in a written notice to Service Provider without unnecessary delay. Such a written notice will not automatically lead to that Service Provider accepts and implements the change, Service Provider will assess the possibility to manage these changes depending on resource situation and other relevant aspects and inform Purchaser. 5.3.3 If Purchaser requests changes to the scope as described in 5.3.2, and that these changes eventually lead to supplier claims, the Purchaser will take full responsibility for the claims. 5.4 Volvo will share CWC data for Polestar [***] unique parts/capacity groups from SP Tool. Where [***] is part of a common capacity group, Polestar will get info about the Capacity Group (supplier, vehicles included, part numbers), but not receive the CWC for the total group. 5.5 Supplier Onboarding in VSM/Parma for new [***] suppliers: The Service Provider will, based on the Purchasers request via SNOW, on-board suppliers in VSM (Volvo Supplier Management) according to Volvo Procurement procedure. • Place This includes initiating requests to suppliers, follow-up that information is correct and on-board the supplier to status “final”. 5.6 This service will be done by an Out-sourced service and will be managed by the Service Provider and the service will follow the same processes and performance follow up as to the Service Providers own organization. 5.7 Ordering in SI Plus for full [***] project: When needed, place purchase orders for tooling, prototype and series build parts. When applicable also for engineering orders. Ordering for Polestar will be done in SRM SI +/SAP with Polestar order templatetemplate when Polestar owned tool orders. For the Service i Provider to be able to place orders in SI+, Polestar unique suppliers need to be registered and included in supplier base system VSM/Parma. Polestar requisitions will be approved in Polestar Delegation of Authority and orders will be approved in SRM SI+ according to Volvo Delegation of Authority. 5.3 5.8 Ordering in SI+ will be done by an Out-sourced service but will be managed by the Service Provider and the service will follow the same processes and performance follow up as to the Service Providers own organization 5.9 Volvo Cars Procurement in China will perform procurement deliveries through the following functions and their activities: • Program managementHardware, Software and Propulsion Buyers—Scope and plan the sourcing activities and drive that tasks are met timely • Buyers-Perform supplier evaluation (SEM)) if needed, lead the sourcing, negotiation, supplier selection and contract signing including orderingsigning. • Cost estimator—Perform cost estimates based on LCE and OCE and communicate with the Buyer as needed. • SQM team—Perform supplier evaluations (SEMAT and SAQ) and PPAP. 5.10 In addition Volvo Cars Procurement will provide all management and business support needed to support the different functions and processes with decisions and business analysis to support these decisions 5.11 Cost targets per component for Polestar Technology components will be set based on program affordable defined by project management prior to sourcing. Deviations from set cost targets for Polestar Technology components will be aligned in operational program meetings and then agreed in SCM/SCC, including participation from Polestar. In the event a deviation cannot be agreed in SCM/SCC, the issue will be escalated according to the governance process described in Appendix 2. Cost target for common components will follow the already established Volvo Cars internal process. Eventual year-over-year cost reductions (LTA’s) for Polestar Technology components will be handled based on case-by-case potential and according to supplier strategies or based on alignment with Polestar. 5.4 The Service Provider 5.12 Volvo Cars Procurement will keep the Purchaser Polestar informed of the overall progress and other information of the sourcing including potential deviations from targets in the Polestar Program Governance Meeting (“PPGM”). The Service Provider will align with the Purchaser and share necessary information in front of SCM about proposed and alternative suppliers and commercial solutionsforum.

DESCRIPTION OF THE SERVICE ACTIVITIES. 5.1 The Service service will be provided in two three main phases: 1. Sourcing—Strategic - strategic alignment for Polestar Vehicle. Volvo Cars Procurement is responsible to lead the overall strategic work including CBP, Design to Profitability (“DtP”) and benchmarking and will align the strategy and the targets with Polestar. 2. Sourcing - Volvo Cars Procurement will lead the sourcing including team set-up, planning, execution, negotiation, contract, including performing needed supplier quality assessments. 23. Industrialization—Industrialization - Volvo Cars Procurement will place orders and lead the commercial Modification Change Requestsindustrialization including, risk assessment, PPAP and capacity verification. 5.2 The Service service deliveries will be the following: • Sourcing work including cost estimates and capacity leading up to a Sourcing Strategy and Sourcing Decision in SCM/SCC. • Prepare Supplier contracts and Contracted Weekly Capacity (“CWC”) (to be signed by Polestar). • Place ordersbuild, tool, prototype, engineering and production orders (blanket) and price updates. Ordering for Polestar will be done in SRM SI +/SAP with Polestar order templatetemplate when Polestar owned tool orders. For Volvo Cars Procurement to be able to place orders in SI+, Polestar unique suppliers need to be registered and included in supplier base system VSM/Parma. Polestar requisitions will be approved in Polestar Delegation of Authority and orders will be approved in SRM SI+ according to Volvo Delegation of Authority. • PSW/PPAP per part number, approved by Volvo Site SQM including Verified Weekly Capacity. • Okm Supplier quality assurance up to Start of Production + 90 days. 5.3 Volvo Cars Procurement will perform procurement deliveries through the following functions and their activities: • Program management—/XXX - Scope and plan the sourcing activities and drive that tasks are met timely timely, both for Polestar Technology and platform related parts and xxxxxxx Capacity Increase Requests (“CIR”). • BuyersCapacity and volume pre-requisites team - Provide, via SP-tool, volume pre-requisites for the buyers RFQ and Contracted Weekly Capacity to the SQM supplier capacity verification • Hardware, Software and Propulsion Buyers - Perform supplier evaluation (SEM), lead the sourcing, negotiation, supplier selection and contract signing including ordering. • Cost estimator - Perform cost estimates based on LCE and OCE and communicate with the Buyer. • Forward Sourcing Buyer - Manage sourcing process and analysis in sourcing system VGS • SQM - Perform supplier evaluations (MSA), PPAP and verify supplier capacity. • Resident SQM - Plant situated SQM, will secure supplier quality at launch and 0 km supplier quality assurance. In addition Volvo Cars Procurement will provide all management and business support needed to support the different functions and processes with decisions and business analysis to support these decisions. 5.4 The Service Provider will keep the Purchaser informed of the overall progress and other information of the sourcing including potential deviations from targets in Polestar Program Governance Meeting (“PPGM”). The Service Provider will align with the Purchaser and share necessary information in front of SCM about proposed and alternative suppliers and commercial solutions.