Agreement No.: GEE23-008 5 learns from or about the other Party or its Affiliates prior to or after the execution of this License Agreement. “Data Room” means Geely External Collaboration Platform (GECP), Systemweaver or equivalent as agreed by both...

Agreement No.: GEE23-008 1 EXECUTION VERSION Certain identified information marked with “[***]” has been omitted from this document because it is both (i) not material and (ii) the type that the registrant treats as private or confidential. TECHNOLOGY LICENSE AGREEMENT ZHEJIANG LIANKONG TECHNOLOGIES CO., LTD and POLESTAR PERFORMANCE AB Regarding a license to certain [***] and [***] technology for the Polestar branded vehicle [***] TABLE OF CONTENTS 1. DEFINITIONS ............................................................................................................................. 3 Agreement No.: GEE23-008 2 2. SCOPE OF THE LICENSE AGREEMENT ....................................................................................... 7 3. THE TECHNOLOGY .................................................................................................................... 8 4. LICENSE .................................................................................................................................. 11 5. INTELLECTUAL PROPERTY RIGHTS.......................................................................................... 13 6. LICENSE FEE AND PAYMENT TERMS ...................................................................................... 15 7. WARRANTIES .......................................................................................................................... 16 8. INDEMNIFICATION ................................................................................................................. 16 9. LIMITATION OF LIABILITY ....................................................................................................... 17 10. GOVERNANCE......................................................................................................................... 18 11. CONFIDENTIAL INFORMATION............................................................................................... 18 12. TERM AND TERMINATION ..................................................................................................... 19 13. MISCELLANEOUS .................................................................................................................... 20 14. GOVERNING LAW ................................................................................................................... 23 15. DISPUTE RESOLUTION ............................................................................................................ 23 APPENDIXES 1. APPENDIX 1 SPECIFICATION, INCLUDING APPENDICIES 1A-1C 2. APPENDIX 2 DELIVERY PLAN Agreement No.: GEE23-008 3 This TECHNOLOGY LICENSE AGREEMENT (this “License Agreement”) is dated September 8th, 2023 and made between: (1) ZHEJIANG LIANKONG TECHNOLOGIES CO., LTD, Reg. No. 91330201MA2CK2Q280, a limited liability company incorporated under the laws of the People’s Republic of China (“Licensor”); and (2) POLESTAR PERFORMANCE AB, Reg. No. 556653-3096, a limited liability company incorporated under the laws of Sweden (“Licensee”). Each of Licensor and Licensee is hereinafter referred to as a “Party” and jointly as the “Parties”. BACKGROUND A. Licensor is engaged in the development and commercialization of automobile technologies. B. Licensee is engaged in the development, manufacturing and sale of Polestar branded high- end electric performance vehicles. C. Licensee is now planning to develop, manufacture and sell a Polestar branded car with the internal project name [***] (the “Polestar Vehicle”) which will contain certain Intellectual Property Rights (as defined in Section 11 below) owned or sublicensable by the Licensor. D. Thus, the Parties have determined that Licensor shall grant Licensee certain rights to use the Licensed Intellectual Property (as defined in Section 11 below) in accordance with the terms in this License Agreement. E. The base assumption has been that the Polestar Vehicle will use certain technology from the Licensor. Before entering into this License Agreement, the Parties have therefore jointly discussed and specified the Technology (defined in Section 11 below). F. The Parties acknowledge that the Technology vests with or is licensable by the Licensor. However, the Parties have agreed, that the Licensor, subject to the due payment of the License Fee (as defined in Section 6 below), will grant the Licensee the right to use the Licensed Intellectual Property for certain purposes as further detailed herein. G. In light of the foregoing, the Parties have agreed to execute this License Agreement. 1. DEFINITIONS For the purpose of this License Agreement, the following terms shall have the meanings assigned to them below. All capitalized terms in singular in the list of definitions shall have the same meaning in plural and vice versa. Any capitalized terms used, but not specifically Agreement No.: GEE23-008 4 defined below in this Section 1, shall have the meaning ascribed to them in the License Agreement. “Acceptance” is defined in Section 3.2.43.2.4. “Acknowledged Person” means any workshop appointed by Polestar and included in the Volvo Cars´ network of authorized workshops or any other person mutually approved by the Licensee and Licensor. “Adaptation” is defined in Section 4.1.1(d). “Agreed Delivery Date” means the date of delivery according to the agreed delivery plan set forth in Appendix 2, i.e. delivery will be initiated upon signing of this Agreement and will continue until Freeze Date. “Appendix” means an appendix to this License Agreement. “Affiliate” means (a) for Licensor, any legal entity that, directly or indirectly, controls, is controlled by or is under common control with Zhejiang Liankong Technologies Co., Ltd however excluding Licensee and its Affiliates within the Polestar group; and (b) for Licensee, any legal entity that, directly or indirectly, controls, is controlled by or is under common control with Polestar Performance AB however excluding Licensor and its Affiliates not in the Polestar group. “control” for this purpose meaning the possession, directly or indirectly, by agreement or otherwise, of (i) at least 50% of the voting stock, partnership interest or other ownership interest, or (ii) the power (a) to appoint or remove a majority of the board of directors or other similar governing body of an entity, or (b) to cause the direction of the management of an entity. “Change Management Process” means the process of change management to be agreed between the Parties for changes and development of the Licensed Intellectual Property that occurs after Freeze Date and which are not included by the License Fee. “Confidential Information” means any and all non-public information regarding the Parties and their respective businesses, whether commercial or technical, in whatever form or media, including but not limited to the existence, content and subject matter of this License Agreement, information relating to Intellectual Property Rights, concepts, technologies, processes, commercial figures, techniques, algorithms, formulas, methodologies, know- how, strategic plans and budgets, investments, customers and sales, designs, graphics, CAD models, CAE data, statement of works (including engineering statement of works and any high level specification), targets, test plans/reports, technical performance data and engineering sign-off documents and other information of a sensitive nature, that a Party

Agreement No.: GEE23-008 5 learns from or about the other Party or its Affiliates prior to or after the execution of this License Agreement. “Data Room” means Geely External Collaboration Platform (GECP), Systemweaver or equivalent as agreed by both Parties, which are the data rooms used for Delivery under this License Agreement. A list of persons designated by the Licensee and their respective access to the Data Room shall be provided to the Licensor. “Delivery” is defined in Section 3.2.2. “Delivery Check” is defined in Section 3.2.3. “Disclosing Party” means the Party disclosing Confidential Information to the Receiving Party. “Force Majeure Event” is defined in Section 13.1.1. “Freeze Date” means [***]. “[***] Technology” means certain [***] technology which are owned or sublicensable by Licensor as specified in Appendix 1. “Have Made” means the right of the Licensee, as applicable, to have Acknowledged Person make for the Licensee and does not include the right to grant sublicenses to another person to make for such person’s own use or use, other than for Licensee. “Job1” means the date on which the production of the Polestar Vehicle covered by this License Agreement starts. “License Fee” is defined in Section 6. “Indemnitees” is defined in Section 8. “Industry Standards” means the exercise of such professionalism, skill, diligence, prudence and foresight that would normally be expected at any given time from a skilled and experienced actor engaged in a similar type of undertaking as under this License Agreement. “Intellectual Property Rights” / “IP” means Patents, Non-patented IP and rights in Confidential Information to the extent protected under applicable laws anywhere in the world and know-how. For the avoidance of doubt, Trademarks are not included by this definition. “Joint Venture” means Polestar Technology (China) Co., Ltd (company name and registration number pending incorporation), a limited liability company under incorporation under the laws of PRC, which will be owned by Polestar Automotive Holding UK PLC and Xingji Meizu Group. Agreement No.: GEE23-008 6 “License” is defined in Section 4.1.1. “License Agreement” means this License Agreement including all of its Appendices as amended from time to time. “Licensed Intellectual Property” means the Intellectual Property Rights relating to the Technology. For the avoidance of doubt, the Licensed Intellectual Property includes Licensed Updates and Upgrades. For the avoidance of doubt, Intellectual Property Rights relating to source code and object code (except for the Software Code as specified in Appendix 1) are not included by this definition. “Licensed Updates” is defined in Section 3.3.4. “Licensed Upgrades” is defined in Section 3.3.4. “Licensed Updates and Upgrades” is defined in Section 3.3.4. “Manufacture” means the right of the Licensee to manufacture the Polestar Vehicle in its own plants or Asia Europe New Energy Vehicle Manufacturing (Chongqing) Co., Ltd. or any other plant mutually approved by the Licensee and Licensor. “Modifications” shall mean all modifications, enhancements and improvements, or change of any kind to, and derivative works of the Technology that are uniquely requested or performed by the Licensee (excluding, for the avoidance of doubt, any Upgrades and Updates). “New Technology” means changes to the Technology other than Updates and Upgrades, including 1) any new generation of the Technology which is developed after the signing of this License Agreement (from concept to finished product) and which is not possible to achieve with current Technology; and 2) any new modules, parts, functionalities added to the [***] and [***] electrical platform after signing of this License Agreement which are outside of the scope of the Technology as defined in Appendix 1. “Polestar Vehicle” has the meaning set out in background C. “Non patented IP” means copyrights (including rights in computer software), database rights, semiconductor topography rights, rights in designs, and other Intellectual Property Rights (other than Trademarks and Patents) and all rights or forms of protection having equivalent or similar effect anywhere in the world, in each case whether registered or unregistered, and registered includes registrations, applications for registration and renewals whether made before, on or after execution of this License Agreement. “Patents” means utility models, industrial designs and all patents (including, without limitation, patents of importation, patents of confirmation, patents of improvement, design patents, certificates of addition and utility patents, as well as divisions, reissues, continuations, continuations-in-part, re-examination certificates, provisional applications, renewals and extensions of any of the foregoing, and applications therefor). Agreement No.: GEE23-008 7 “PRC” means the People's Republic of China, but excluding, for the purposes of this License Agreement, Hong Kong Special Administrative Region, Macau Special Administrative Region and Taiwan. “Receiving Party” means the Party receiving Confidential Information from the Disclosing Party. “Representatives” is defined in Section 11.2. “Service Agreement” means the agreement for the performing of service with respect to Polestar Vehicle which is contemplated to be entered into by Licensee and Zeekr on or closely after the signing date of this Agreement. “Software Code” means the software part of the Technology which is specified in Appendix 1C, which is to be delivered to Licensee in source code or object code form. “Software Code IP” means the Intellectual Property Rights in relation to (i) the Software Code, and (ii) Licensed Updates and Upgrades with respect to the Software Code, in each case, excluding any IP owned by third parties that are not Affiliates of Licensor. “Steering Committee” is defined in Section 10.3. “Strategic Board” is defined in Section 10.4. “Supplier IP” means the Intellectual Property Rights owned by suppliers of Licensor or its Affiliates which is not sub-licensable by Licensor. “Technology” means the [***] Technology and [***] Technology. For the avoidance of doubt, source code and object code, except for the Software Code as specified in Appendix 1, are not included by this definition. “Term” is defined in Section 12. “Territory” means Americas, Asia Oceania, Europe, the Middle East and Africa. “Third Party” means a party other than any of the Parties and Affiliates of the Parties to this License Agreement. “Trademarks” means trademarks (including part numbers that are trademarks), service marks, logos, trade names, business names, assumed names, trade dress and get-up, and domain names, in each case whether registered or unregistered, including all applications, registrations, renewals and the like, in each case to the extent they constitute rights that are enforceable against Third Parties. “Update” is defined in Section 3.3.2. “Upgrade” is defined in Section 3.3.3. Agreement No.: GEE23-008 8 “Use” means to make, Have Made, Manufacture, keep, install, integrate, extract, assemble, reproduce, incorporate, test, service or repair, including, in the case of installation, integration, assembly, service or repair, the right to have an Acknowledged Person carry out any of these activities on behalf of the Licensee. “[***] Technology” means certain ZEEA 2.0 and [***] technology which are owned or sublicensable by Licensor as specified in Appendix 1. “Zeekr” means “Zhejiang ZEEKR Automobile Research & Development Co., Ltd.” or an affiliate designated by this company. 2. SCOPE OF THE LICENSE AGREEMENT 2.1 General 2.1.1 The Appendices shall be considered integral parts of this License Agreement and any reference to the License Agreement shall include the Appendices. 2.1.2 In the event where there are any contradictions or inconsistencies between the terms of the main body text of this License Agreement and the Appendices hereto, the terms and conditions of the main body text shall prevail. 3. THE TECHNOLOGY 3.1 General 3.1.1 The License Agreement shall govern the Licensor’s License of the Technology to the Licensee for the Polestar Vehicle. The Licensor shall provide the Technology to the Licensee in a seamless, reliable and professional manner and in accordance with the Industry Standards. 3.1.2 A mutually agreed specification for the Technology setting forth the deliverables of the Licensor under this License Agreement is set out in Appendix 1. The technical functions are defined in Appendix 1 in accordance with the Parties’ best understanding when entering into this License Agreement. A final specification of the deliverables shall, subject to good faith and joint discussions between the Parties, be made at Freeze Date. All of the aforementioned specifications shall be considered an integral part of Appendix 1 and consequently also of this License Agreement. For the avoidance of doubt, New Technology shall not be included in the License. 3.2 Making available the Technology 3.2.1 Licensor shall make the Technology available to Licensee at the latest at the Agreed Delivery Date. The Technology shall only be made available in a Data Room.

Agreement No.: GEE23-008 9 3.2.2 The Technology shall be deemed made available by Licensor to Licensee if relevant deliverables specified in Appendix 1 have been electronically loaded into and made accessible to Licensee by Licensor in the Data Room in accordance with Appendix 2 (“Delivery”). 3.2.3 The Licensee shall be entitled to perform a delivery check on the delivered deliverables in the Data Room to verify compliance with Appendix 1 (“Delivery Check”). 3.2.4 The Licensee shall inform the Licensor of the result of the Delivery Check within thirty (30) days after the Technology has been made available pursuant to Section 3.2.1 and Section 3.2.2, and specify any omission in a written report. Acceptance shall be deemed to have been given either if the Licensee in writing has approved the delivery of the Technology or if notice is not given by the Licensee within the time set forth in this Section 3.2.4 (“Acceptance”). In the event of any such omission, the Licensor shall within thirty (30) days remedy such omission, where after a new Delivery Check in accordance with the above may be conducted. For the avoidance of doubt, an Acceptance shall not limit Licensor’s obligations under this License Agreement. 3.2.5 The Licensor will be in delay in the event the actual delivery date occurs after the Agreed Delivery Date provided this is not due to the Licensee’s failure to comply with its obligations hereunder. 3.2.6 If the Licensor finds that it will not be able to deliver the Technology at the Agreed Delivery Date or if delay on its part seems likely, the Licensor shall inform the Licensee of the reasons for and consequences of not meeting the Agreed Delivery Date and shall at its own cost (unless the delay is caused by the Licensee in which case the cost shall be borne by the Licensee) take all steps reasonably necessary, including providing additional resources, to ensure that the requirements are met as soon as possible. 3.3 Updates and Upgrades 3.3.1 The Licensor or its Affiliates undertakes to, at their sole discretion, continuously during the Term and thereafter, conduct Update and Upgrade of the Technology or any part thereof. 3.3.2 “Update” means any change of a corrective nature to such Technology initiated and conducted by the Licensor, relating only to the following: i) resolution of software bugs in the platform software; ii) resolution of identified engineering issues all platform parts, iii) re-call driven software or hardware items. Agreement No.: GEE23-008 10 3.3.3 “Upgrade” means any change of an improvement nature to such Technology initiated and conducted by the Licensor relating only to the following: i) cost reduction ideas (through re-design, deletion or addition of parts) as flow through to that benefits the platform material cost (BoM), ii) process ideas as flow through that benefits the overall capital cost level, iii) product enhancement ideas increasing customer value and iv) redesign in order to fulfill legal or regulatory requirements. 3.3.4 Intellectual Property Rights relating to Updates and Upgrades implemented by the Licensor [***] for such Technology (such Updates are referred to as “Licensed Updates”, such Upgrades are referred to as “Licensed Upgrades”, Licensed Updates and Licensed Upgrades are referred to collectively as “Licensed Updates and Upgrades”) shall be included in the Licensed Intellectual Property. 3.3.5 Updates and Upgrades (other than Licensed Updates and Upgrades) are not covered by the License and shall be subject to the Change Management Process and be paid for separately by the Licensee. For the avoidance of doubt, such Upgrades and Updates is not governed by this License Agreement but shall be subject to a separate change management agreement between the Parties. 3.3.6 Procedure for the provision of Licensed Updates and Upgrades 3.3.6.1 The Licensor will use its best efforts to keep the Licensee continuously informed and share information as soon as reasonably possible in advance of the planned implementation of any Licensed Update or Upgrade that may materially affect or alter the Technology, leaving reasonable period of time for the Licensee to decide on whether such Licensed Update or Upgrade, planned by the Licensor, should be used in the Polestar Vehicle. 3.3.6.2 For each Licensed Upgrade, the Licensor shall provide the Licensee a specification of the Licensed Upgrade prior to executing the Upgrade. 3.3.6.3 The Licensor shall make the Licensed Updates and Upgrades available to the Licensee as soon as reasonably possible after such Licensed Updates and Upgrades are completed by the Licensor, provided the Licensee decides that such Licensed Updates and Upgrades will be used in the Polestar Vehicle pursuant to Section 3.3.6.1. 3.3.6.4 For the avoidance of doubt, the Parties acknowledge that, with respect to Licensed Updates and Upgrades, the Licensor will be entitled to make Updates and Upgrades to the Technology as long as the specification in Appendix 1 is met. The Parties undertake to act in good faith and to agree on the consequences of any such Licensed Updates and Upgrades for the Licensee. If the Parties cannot agree on such Agreement No.: GEE23-008 11 suggested Updates and Upgrades of Technology, Licensor shall still be entitled to carry out said Updates and Upgrades and the result thereof shall be owned by Licensor. In this event Licensee may stay with the original Technology or chose to develop a unique solution at Licensee’s cost and expense. If such unique solution is based on the Technology an approval according to Section 4.1.1(e) shall be required. For the avoidance of doubt, the Licensor’s rights to develop Updates and Upgrades after Freeze Date and New Technology shall not be restricted by this Section 3.3.6.4. 3.4 Change Management 3.4.1 The Licensor will, upon mutually agreed terms and conditions between the Parties, perform Change Management Process. For the avoidance of doubt, the performance of Change Management Process is not governed by this License Agreement but shall be subject to a separate change management agreement between the Parties. 3.4.2 Without prejudice to Section 3.3, (i) Any Modification (other than Adaptation) at any time, (ii) Updates and Upgrades (other than (a) Licensed Updates and Upgrades, and (b) Updates and Upgrades in relation to Software Code), and (iii) introduction of New Technology shall be subject to the Change Management Process. 3.4.3 Modifications of the Technology (other than Adaptation), may be performed by the Licensee subject to approval by the Licensor in accordance with the Change Management Process. For each Modification performed by the Licensee, Licensee shall provide the Licensor a specification of the Modification prior to executing the Modification. For the avoidance of doubt, Modifications in relation to Software Code, may, at the Licensee’s request and upon Licensor’s approval, be performed by the Licensor or its Affiliates subject to a separate agreement. 3.4.4 Licensee shall have the right to replace part of the Technology with Polestar owned technology, which is not based on the Technology. Such replacement should be made at Licensee’s cost and should not result in an adjustment of the License Fee. 3.5 Deviation in the Technology In the event the Technology, or any part thereof, deviates from the requirements set forth in Appendix 1, the Licensor shall, if such deviation is discovered within three hundred and sixty-five (365) days after Job1, remedy such deviation as soon as possible at the Licensor’s own cost. The foregoing shall not apply to any Software Code and no such remedy shall be available for deviation discovered after the Acceptance of Software Code. 4. LICENSE 4.1 General 4.1.1 Licensor hereby grants to Licensee a non-exclusive, irrevocable, perpetual (however at least 50 years long (however, in no event shall such time exceed the validity period of any Agreement No.: GEE23-008 12 Intellectual Property Right contained in the Technology)), fully paid-up, non-sublicensable (however sublicensable to Licensee’s Affiliates pursuant to the terms and conditions in Section 4.1.3) license, to the Technology and Licensed Intellectual Property, within the Territory, and solely in relation to the Polestar Vehicle, to: (a) Use, in whole or in part, the Licensed Intellectual Property for the purpose of manufacturing the Polestar Vehicle; (b) sell and make available the Polestar Vehicle; (c) sell and make available spare parts and/or providing after-sale services (including repair service) based on, incorporating or using the Licensed Intellectual Property, in whole or in part; (d) [***] (e) [***]), in each case, in accordance with the terms and conditions of this License Agreement (“License”). 4.1.2 Notwithstanding anything to the contrary, nothing in this License Agreement shall be construed as to give Licensee any rights, including but not limited to any license rights (express or implied), to the Technology and the Licensed Intellectual Property other than those expressly stated in this License Agreement. 4.1.3 The License with respect to any Licensed Intellectual Property other than the Software Code IP, shall be (i) fully sublicensable to Licensee’s Affiliates within the Polestar group, (ii) [***], and (iii) [***]. The License shall be sublicensable to Zeekr for the purpose of performing development service for Polestar Vehicle. Except as expressly permitted in this Section 4.1.3, the License shall not be sublicensable by Licensee to any party without prior written approval from Licensor. 4.1.4 All sublicenses allowed under this Section 4.1 shall not include any right to further sublicense. Licensee shall (i) procure that its sublicensees is bound by terms and conditions substantially the same as and not less stringent than this License Agreement (including but not limited to license scope and confidentiality), and (ii) be liable for any breach of this License Agreement by any sublicensee as if the breach has been caused by the Licensee itself. 4.1.5 The Licensee may have an option to a license in relation to the Technology and Licensed Intellectual Property on other Polestar branded vehicles subject to a separate agreement(s) to be agreed on an at arms’ length basis between the Parties. 4.1.6 For the avoidance of doubt, Intellectual Property Rights relating to any Licensed Update and Upgrade are included in the Licensed Intellectual Property and therefore shall automatically be included in the License granted in this Section 4.

Agreement No.: GEE23-008 13 4.1.7 Without prejudice to Section 4.1.1, the Licensor hereby agrees that Licensee may carry out the activities as prescribed in the Service Agreement. 4.2 Third Party IP 4.2.1 For the avoidance of doubt, nothing contained in this License Agreement shall be construed as a license of Intellectual Property Rights owned by third parties that are not Affiliates of Licensor which Licensor does not own or have the right to grant a license to the Licensee (e.g., the Supplier IP). 4.2.2 For any Supplier IP which is indispensable for the use of the Technology and is not owned or sublicensable by Licensor, Licensor will make reasonable efforts to support Licensee to obtain a license of such Supplier IP. 4.3 Software Code 4.3.1 The Licensee agrees that Software Code and Software Code IP constitutes highly Confidential Information and proprietary trade secrets of Licensor and Section 11 shall apply to Software Code and Software Code IP. The Licensee further agrees that: (a) it shall maintain and update, from time to time, a list of all Representatives who have been granted access to the Software Code and/or Software Code IP, and shall upon Licensor’s request, provide Licensor with a copy of such list; (b) it shall not, without the prior written approval of Licensor, use any software, which: (i) contains any program routine, device, code or instructions (including any code or instructions provided by third parties) or other undisclosed feature, including a time bomb, virus, software lock, drop-dead device, malicious logic, worm, Trojan horse, bug, error, defect or trap door, that is capable of accessing, modifying, deleting, damaging, disabling, deactivating, interfering with, or otherwise harming such software, any hardware, data or other electronically stored information, or computer programs or systems; or (ii) contains any open source material (including any libraries or software licensed under the GNU General Public License, the GNU GPL family of licenses (e.g., Affero GPL, LGPL, etc.), the Eclipse License or any other similar “public,” “open source” or “free” software license agreement or arrangement), in each case, in connection with the use of Software Code and/or Software Code IP; (c) for any open source material contained in the software as identified in Appendix 1, it shall strictly abide by the terms and conditions of respective open source license (if applicable) and other requirements of Licensor in relation to the management of open source software (if any). Agreement No.: GEE23-008 14 5. INTELLECTUAL PROPERTY RIGHTS 5.1 Ownership 5.1.1 Each Party remains the sole and exclusive owner of (i) any Intellectual Property Rights owned, developed or otherwise acquired by such Party prior to the execution of this License Agreement, (ii) any Intellectual Property Rights developed or otherwise acquired independently of this License Agreement, but during the Term of this License Agreement. 5.1.2 Nothing in this License Agreement shall be deemed to constitute an assignment of, or license to use, any Trademarks of either of the Parties. 5.1.3 Nothing in this License Agreement shall be deemed an assignment of ownership of the Technology and Licensed Intellectual Property from Licensor or any relevant party to Licensee. 5.1.4 Intellectual Property Rights related to Adaptation shall be owned by the Licensee. 5.1.5 Licensee acknowledges and agrees that the Adaptation are based on and incorporated with the Technology, and therefore shall only be used in relation to the Polestar Vehicle in accordance with this License Agreement, unless otherwise agreed by Licensor. Licensee hereby agrees to grant Licensor a license to use such Adaptation based on terms and conditions to be further agreed by the Parties. Notwithstanding the foregoing, Licensee shall be entitled to refuse the granting of such license where Licensor requests the right to sublicense/license a Third Party which is a competitor of Licensee (for the avoidance of doubt, excluding any vehicle brands of Licensor’s Affiliates) to use such Adaptation. 5.1.6 Intellectual Property Rights related to Updates, Upgrades, Modifications (other than Adaptation) and New Technology shall be owned by the Licensor. Licensor hereby agrees to grant Licensee a license to use such Updates, Upgrades (other than Licensed Update and Upgrades), Modification for its own use of the Technology in relation to Polestar Vehicle, subject to terms and conditions set out in a separate agreement to be further agreed by the Parties. 5.1.7 Licensee hereby acknowledges and agrees not to challenge under any circumstances Licensor’s and its Affiliates’ full and exclusive rights to the Technology, the Licensed Intellectual Property. Likewise, the copyright regarding any information and deliverable made available to the Licensee under this License Agreement is and remains with Licensor (or its Affiliates). 5.2 Suspected infringement 5.2.1 The Licensee shall promptly (upon becoming aware) notify the Licensor in writing of: (a) any conduct of a Third Party that the Party reasonably believes to be, or reasonably believes to be likely to be, an infringement, misappropriation or other violation of the Licensed Intellectual Property by a Third Person; or Agreement No.: GEE23-008 15 (b) any allegations made to Licensee by a Third Party that any Intellectual Property Rights licensed hereunder are invalid, subject to cancellation, unenforceable, or is a misappropriation of any Intellectual Property Rights of a Third Party. 5.2.2 In the event that the Licensee has provided the Licensor with a notification in writing pursuant to Section 5.2.1 above, and Xxxxxxxx decides not to take any action against the Third Party, Licensor may approve in writing that Licensee shall be entitled to take action in its own name against the Third Party at the Licensee’s own cost. If Licensor approves, it shall provide reasonable assistance to Licensee, as requested by Licensee at Licensee’s expense. If Licensor does not approve Licensee taking such action, the issue should be escalated to the Strategic Board for decision. 5.3 Geely brand name 5.3.1 As stipulated in Section 5.1.2, this License Agreement does not include any right to use the “Geely” brand name or Trademarks of the Licensor and its Affiliates, or to refer to “Geely” in communications or official documents of whatever kind. 5.3.2 This means that this License Agreement does not confer upon the Licensee any rights to directly or indirectly use the “Geely” brand name or “Geely” Trademarks, on or for any products or when marketing, promoting and/or selling such products, or in any other contacts with Third Parties, e.g. in presentations, business cards and correspondence. Any such use of “Geely” name and “Geely” Trademarks shall be subject to the consent of relevant right owner. 5.4 Polestar brand name 5.4.1 As stipulated in Section 5.1.2, this License Agreement does not include any right to use the “Polestar” brand name, or Licensee and its Affiliates’ Trademarks, or refer to “Polestar” in communications or official documents of whatever kind. The Parties acknowledge that the “Polestar” Trademarks as well as the “Polestar” name is owned by Polestar Holding AB and that the right to use the name and the “Polestar” Trademarks is subject to a license agreement, which stipulates that the name, “Polestar” Trademarks and all thereto related intellectual property rights can only be used by Polestar Performance AB and its Affiliates in relation to Polestar products. 5.4.2 This means that this License Agreement does not include any rights to directly or indirectly use the “Polestar” brand name or “Polestar” Trademarks, on or for any products or when marketing, promoting and/or selling such products, or in any other contacts with Third Parties, e.g. in presentations, business cards and correspondence 6. LICENSE FEE AND PAYMENT TERMS 6.1 In consideration of Licensor’s performance of its obligations under this License Agreement and the License granted from Licensor to Licensee hereunder the Licensee agrees to pay to Licensor a license fee (“License Fee”) in the amount of [***]. Agreement No.: GEE23-008 16 6.2 The License Fee shall be paid by the Licensee to the Licensor in two instalments pursuant to this Section 6.2. 6.3 [***]All amounts referred to in this License Agreement are exclusive of VAT and any other taxes, for example withholding tax and surcharges. The Licensee shall bear the VAT and the Licensor shall bear the withholding tax and surcharges. Each party shall bear its own stamp duty payable in their respective jurisdiction that are applicable in accordance with local legislation to all amounts referred to in this License Agreement. Any amount invoiced by the Licensor to the Licensee shall be without Chinese VAT. The Licensee shall promptly provide the Licensor with all material and evidence of tax withheld. 6.4 Payment made later than the due date under Section 6.2 shall automatically be subject to interest for late payments for each day it is not paid and the interest shall be based on [***] 6.5 Notwithstanding anything to the contrary in this License Agreement, any portion of the License Fee shall be non-refundable. 7. WARRANTIES 7.1 Each Party warrants and represents to the other Party that: (a) it is duly organized, validly existing, and in good standing under the laws of its respective jurisdiction of incorporation or formation, as applicable; (b) it has full corporate power and authority to execute and deliver this License Agreement and to perform its obligations hereunder; (c) if any of the Licensed Intellectual Property is software: (i) it does not contain any program routine, device, code or instructions (including any code or instructions provided by Third Parties) or other undisclosed feature, including a time bomb, virus, software lock, drop-dead device, malicious logic, worm, Trojan horse, bug, error, defect or trap door, that is capable of accessing, modifying, deleting, damaging, disabling, deactivating, interfering with, or otherwise harming such software, any hardware, data or other electronically stored information, or computer programs or systems; and (ii) except as otherwise identified to Licensee in Appendix 1, such software does not contain any open source material (including any libraries or software licensed under the GNU General Public License, the GNU GPL family of licenses (e.g., Affero GPL, LGPL, etc.), the Eclipse License or any other similar “public,” “open source” or “free” software license agreement or arrangement) obligating Licensee to disclose or make Licensee’s source or object code available to any Third Party; (d) the execution, delivery and performance of this License Agreement have been duly authorized and approved, with such authorization and approval in full force and effect, and do not and will not (i) violate any laws or regulations applicable to it or (ii) violate its organization documents or any agreement to which it is a party; and

Agreement No.: GEE23-008 17 (e) this License Agreement is a legal and binding obligation of it, enforceable against it in accordance with its terms. 7.2 The Licensor hereby warrants to the Licensee that the Licensor, as of the date of this License Agreement, owns or has the right to license the Technology and Licensed Intellectual Property pursuant to the terms of this License Agreement. 7.3 The foregoing warranties in this Section 7 are in lieu of all other warranties, whether implied or express, and in particular any warranties of suitability, merchantability, description, design and fitness for a particular purpose, completeness, systems integration and accuracy are expressly excluded to the maximum extent permissible by law. 8. INDEMNIFICATION Subject to Section 9 (Limitation of Liability), [***] any claim by any Third Party that any Licensed Intellectual Property under this License Agreement, infringes the Intellectual Property Rights of the Third Party in the Territory, provided that (a) such claim is supported by a final non-appealable judgment of a competent court or a final verdict of a competent arbitration forum; or (b) in the case of a settlement between the Licensee and such Third Party, the said settlement has been approved by the Licensor. The aforesaid indemnification shall not apply if the infringement is caused by the Licensee using the Technology or Licensed Intellectual Property in a manner not in compliance with the terms and conditions of this License Agreement. 9. LIMITATION OF LIABILITY 9.1 The Parties shall only be liable for [***]under this License Agreement and neither Party shall be responsible for any [***] caused by it under this License Agreement. 9.2 Each Party’s aggregate liability for any direct damage arising out of or in connection with this License Agreement shall be limited to [***] under this License Agreement. 9.3 The limitations of liability set forth in this Section 9 shall not apply in respect of damages (a) arising out of claims related to death or bodily injury; (b) caused by willful misconduct or gross negligence; (c) caused by a Party’s breach of the confidentiality undertakings in Section 11 below; (d) arising out of an infringement, or alleged infringement, of the other Party’s Intellectual Property Rights; or (e) caused by the Licensee’s breach of its obligation under Section 4.1.1(d), Section 4.1.3, Section 4.3.1(b) and (c), and Section 5.1.5. Agreement No.: GEE23-008 18 9.4 Licensor shall have no obligation under Section 8, if the alleged infringement arises from: (a) Modifications as defined in Section 1; (b) the application, integration, connection or combination of the Licensed Intellectual Property (or any part therein) with any objects, software, parts, components, systems, or top hats, by the Licensee or any sublicensee or subcontractor of the Licensee, provided such alleged infringement would not have occurred without the foregoing application, integration, connection or combination by the Licensee or any sublicensee or subcontractor of the Licensee. (c) Software Code and/or Software Code IP after Adaptation is made. 10. GOVERNANCE 10.1 The Parties shall act in good faith in all matters and shall at all times co-operate in respect of changes to this License Agreement as well as issues and/or disputes arising under this License Agreement. 10.2 The governance and co-operation between the Parties in respect of this License Agreement shall primarily be administered on an operational level. In the event the Parties on an operational level cannot agree upon the aspects relating to the co-operation between the Parties, each Party shall be entitled to escalate such issue to the relevant governance forums described below. 10.3 The first level of governance forum for handling the co-operation between the Parties in various matters, under this License Agreement shall be the “Steering Committee”, which regarding cooperation between Licensor and Licensee is the so called Geely/Polestar Steering Committee. The Steering Committee shall be the first level of governance forum established by the Parties for handling the cooperation between them in respect of various matters. 10.4 The next level of governance forum, to which an issue shall be escalated if the Steering Committee fails to agree upon a solution shall be the “Strategic Board”, which regarding cooperation between Licensor and Licensee is an Executive Meeting between the CEO of Zhejiang Geely Holding Group Co., LTD. and the CEO of the Polestar group (currently the CEO of Polestar Automotive Holding Limited). The Strategic Board shall be the highest level of governance forum established by the Parties for handling the cooperation between them in respect of various matters. 10.5 In the event that the Parties cannot agree on a joint solution for handling disagreements or disputes, a deadlock situation shall be deemed to have occurred and the procedure set forth in Section 15.2 Arbitration shall apply. Agreement No.: GEE23-008 19 11. CONFIDENTIAL INFORMATION 11.1 The Parties shall take any and all necessary measures to comply with the security and confidentiality procedures of the other Party. 11.2 All Confidential Information shall only be used for the purposes comprised by the fulfilment of this License Agreement. Each Party will keep in confidence any Confidential Information obtained in relation to this License Agreement and will not divulge the same to any third party, unless (i) the exceptions specifically set forth below in this Section 11.2 apply, (ii) to persons approved by the other Party in writing, or (iii) to officers, employees, consultants or sub-contractors of the Receiving Party or its Affiliates with a need to know as to enable such personnel to perform their duties for the purpose of fulfilment of this License Agreement (persons referred to in (ii) and (iii) above are referred to collectively as “Representatives”). This provision will not apply to Confidential Information which the Receiving Party can demonstrate: (a) was in the public domain other than by breach of this undertaking or another confidentiality undertaking; (b) was already in the possession of the Receiving Party before its receipt from the Disclosing Party; (c) is obtained from a Third Party who is free to divulge the same; (d) is required to be disclosed by mandatory law, court order, lawful government action or applicable stock exchange regulations; or (e) is developed or created by one Party independently of the other, without any part thereof having been developed or created with assistance or information received from the other Party. 11.3 The Receiving Party shall protect the disclosed Confidential Information by using the same degree of care, but no less than a reasonable degree of care to prevent the dissemination to third parties or publication of the Confidential Information, as the Receiving Party uses to protect its own Confidential Information of similar nature. Further, each Party shall (i) ensure that its Representatives are bound by a duty of confidentiality which is not less stringent than those set out in this License Agreement, and (ii) be liable for any breach of this License Agreement by its Representatives as if the breach has been caused by the Party itself. 11.4 Any tangible materials that disclose or embody Confidential Information should be marked by the Disclosing Party as “Confidential,” “Proprietary” or the substantial equivalent thereof. Confidential Information that is disclosed orally or visually shall be identified by the Disclosing Party as confidential at the time of disclosure, with subsequent confirmation in writing within thirty (30) days after disclosure. However, the lack of marking or subsequent confirmation that the disclosed information shall be regarded as Agreement No.: GEE23-008 20 “Confidential”, “Proprietary” or the substantial equivalent thereof does not disqualify the disclosed information from being classified as Confidential Information. 11.5 If any Party violates any of its obligations described in this Section 11, the violating Party shall, upon notification from the other Party, (i) immediately cease to proceed such harmful violation and take all actions needed to rectify said behavior and (ii) financially compensate for the harm suffered as determined by an arbitral tribunal pursuant to Section 15 below. All legal remedies (compensatory but not punitive in nature) according to law shall apply. 11.6 For the avoidance of doubt, this Section 11 does not permit disclosure of source code to software, and/or any substantial parts of design documents to software, included in the Licensed Intellectual Property (including but not limited to the Software Code and Software Code IP), to any third party, notwithstanding what it set forth above in this Section 11. Any such disclosure to third party is permitted only if approved in writing by the Licensor. 11.7 This confidentiality provision shall survive the expiration or termination of this License Agreement without limitation in time. 12. TERM AND TERMINATION 12.1 This License Agreement shall enter into force when it is signed by duly authorized signatories of each Party and it shall remain in force and effect during the validity of the Licensed Intellectual Property included in the License granted to the Licensee hereunder (“Term”) unless terminated in accordance with this Section 12. 12.2 Either Party shall be entitled to terminate this License Agreement with immediate effect in the event: (a) the other Party commits a material breach of the terms of this License Agreement, which has not been remedied within thirty (30) days from written notice from the other Party to remedy such breach (if capable of being remedied); or (b) if the other Party should become insolvent or enter into negotiations on composition with its creditors or a petition in bankruptcy should be filed by it or it should make an assignment for the benefit of its creditors. 12.3 Notwithstanding a termination in accordance with Section 12.2 by the Licensor, the Licensee shall, on market terms to be agreed in good faith between the Parties, have a right to manufacture, market, sell and make available spare parts incorporating or using the Technology and the Licensed Intellectual Property, in whole or in part, in relation to already manufactured Polestar Vehicles.

Agreement No.: GEE23-008 21 13. MISCELLANEOUS 13.1 Force majeure 13.1.1 Neither Party shall be liable for any failure or delay in performing its obligations under the License Agreement to the extent that such failure or delay is caused by a Force Majeure Event. A “Force Majeure Event” means any event beyond a Party's reasonable control, which by its nature could not have been foreseen, or, if it could have been foreseen, was unavoidable, including strikes, lock-outs or other industrial disputes (whether involving its own workforce or a Third Party's), failure of energy sources or transport network, restrictions concerning motive force, acts of God, war, terrorism, insurgencies and riots, civil commotion, mobilization or extensive call ups, interference by civil or military authorities, national or international calamity, currency restrictions, requisitions, confiscation, armed conflict, malicious damage, breakdown of plant or machinery, nuclear, chemical or biological contamination, sonic boom, explosions, collapse of building structures, fires, floods, storms, stroke of lightning, earthquakes, loss at sea, pandemics, epidemics or similar events, natural disasters or extreme adverse weather conditions, or default or delays of Licensors or subcontractors if such default or delay has been caused by one of the foregoing events. 13.1.2 A non-performing Party, which claims there is a Force Majeure Event, and cannot perform its obligations under the License Agreement as a consequence thereof, shall use all commercially reasonable efforts to continue to perform or to mitigate the impact of its non-performance notwithstanding the Force Majeure Event and shall continue the performance of its obligations as soon as the Force Majeure Event ceases to exist. 13.2 Notices 13.2.1 All notices, demands, requests and other communications to any Party as set forth in, or in any way relating to the subject matter of, this License Agreement must be in legible writing in the English language delivered by personal delivery, email transmission or prepaid overnight courier using an internationally recognized courier service and shall be effective upon receipt, which shall be deemed to have occurred: (a) in case of personal delivery, at the time and on the date of personal delivery; (b) if sent by email transmission, at the time and date indicated on a response confirming such successful email transmission; (c) if delivered by courier, at the time and on the date of delivery as confirmed in the records of such courier service; or (d) at such time and date as delivery by personal delivery or courier is refused by the addressee upon presentation; in each case provided that if such receipt occurred on a non-business day, then notice shall be deemed to have been received on the next following business day; and provided further Agreement No.: GEE23-008 22 that where any notice, demand, request or other communication is provided by any party by email, such party shall also provide a copy of such notice, demand, request or other communication by using one of the other methods. 13.2.2 All such notices, demands, requests and other communications shall be addressed to the addresses To Licensor: Zhejiang Liankong Technologies Co., Ltd. Attention: [***] Xx. 0000 Xxxxxxxxx Xxxx Xxxxxxxx Xxxxxxxx, Xxxxxxxx Xxxx Xxxxx 000000 Email: [***] With a copy to: Zhejiang Geely Holding Group Company Limited Attention: Z[***] Xx. 0000 Xxxxxxxxx Xxxx Xxxxxxxx Xxxxxxxx, Xxxxxxxx Xxxx Xxxxx 000000 Email: [***] To Licensee Polestar Performance AB Attention: [***] Xxxxx Xxxxxxxxxxxx xxx 0 000 00 Xxxxxxxx Xxxxxx Email: [***] With a copy to: Polestar Performance AB Attention: [***] Xxxxx Xxxxxxxxxxxx xxx 0 000 00 Xxxxxxxx Xxxxxx Email: [***] 13.3 Assignment 13.3.1 Neither Party may, wholly or partly, assign, pledge or otherwise dispose of its rights and/or obligations under this License Agreement without the other Party’s prior written consent. 13.3.2 Notwithstanding the above, each Party may assign this License Agreement to an Affiliate without the prior written consent of the other Party. Agreement No.: GEE23-008 23 13.4 Waiver Neither Party shall be deprived of any right under this License Agreement because of its failure to exercise any right under this License Agreement or failure to notify the infringing party of a breach in connection with the License Agreement. Notwithstanding the foregoing, rules on complaints and limitation periods shall apply. 13.5 Severability In the event any provision of this License Agreement is wholly or partly invalid, the validity of the License Agreement as a whole shall not be affected and the remaining provisions of the License Agreement shall remain valid. To the extent that such invalidity materially affects a Party’s benefit from, or performance under, the License Agreement, it shall be reasonably amended. 13.6 Entire agreement All arrangements, commitments and undertakings in connection with the subject matter of this License Agreement (whether written or oral) made before the date of this License Agreement are superseded by this License Agreement and its Appendices. 13.7 Amendments Any amendment or addition to this License Agreement must be made in writing and signed by the Parties to be valid. 13.8 Survival If this License Agreement is terminated or expires pursuant to Section 12 above, Section 5.1 and 5.3-5.4 (Intellectual Property Rights), Section 11 (Confidential Information), Section 12 (Term And Termination), Section 14 (Governing Law), Section 15 (Dispute Resolution) as well as this Section 13.8, shall survive any termination or expiration and remain in force as between the Parties after such termination or expiration. Notwithstanding the foregoing, Section 8 (Indemnification) shall apply to Polestar Vehicles and spare parts thereof manufactured during the term of this License Agreement, after the termination of the License Agreement. 14. GOVERNING LAW This License Agreement and all non-contractual obligations in connection with this License Agreement shall be governed by laws of PRC (excluding laws of Hong Kong, Macau and Taiwan) without giving regard to its conflict of laws principles that may result in application of law of another jurisdiction. Agreement No.: GEE23-008 24 15. DISPUTE RESOLUTION 15.1 Escalation principles 15.1.1 In case the Parties cannot agree on a joint solution for handling disagreements or disputes, a deadlock situation shall be deemed to have occurred and each Party shall notify the other Party hereof by the means of a deadlock notice and simultaneously send a copy of the notice to the Steering Committee. Upon the receipt of such a deadlock notice, the receiving Party shall within ten days of receipt, prepare and circulate to the other Party a statement setting out its position on the matter in dispute and reasons for adopting such position, and simultaneously send a copy of its statement to the Steering Committee. Each such statement shall be considered by the next regular meeting held by the Steering Committee or in a forum meeting specifically called upon by either Party for the settlement of the issue. 15.1.2 The members of the Steering Committee shall use reasonable endeavors to resolve a deadlock situation in good faith. As part thereof, the Steering Committee may request the Parties to in good faith develop and agree on a plan to resolve or address the breach, to be presented for the Steering Committee without undue delay. If the Steering Committee agrees upon a resolution or disposition of the matter, the Parties shall agree in writing on terms of such resolution or disposition and the Parties shall procure that such resolution or disposition is fully and promptly carried into effect. 15.1.3 If the Steering Committee cannot settle the deadlock within 30 days from the deadlock notice pursuant to the section above, despite using reasonable endeavors to do so, such deadlock will be referred to the Strategic Board. If no Steering Committee has been established between the Parties, the relevant issue shall be referred to the Strategic Board. Should the matter not have been resolved by the Strategic Board within 30 days counting from when the matter was referred to them, despite using reasonable endeavors to do so, the matter shall be resolved in accordance with Section 15.2 below. 15.1.4 All notices and communications exchanged in the course of a deadlock resolution proceeding shall be considered Confidential Information of each Party and be subject to the confidentiality undertaking in Section 11 above. 15.1.5 Notwithstanding the above, the Parties agree that either Party may disregard the time frames set forth in this Section 15.1 and apply shorter time frames and/or escalate an issue directly to the Strategic Board in the event the escalated issue is of an urgent character and where the applicable time frames set out above are not appropriate. 15.2 Arbitration 15.2.1 Any dispute, controversy or claim arising out of or in connection with this License Agreement, or the breach, termination or invalidity thereof, shall be finally settled by arbitration in accordance with the Arbitration Rules of the China International Economic and Trade Arbitration Commission (CIETAC), whereas the seat of arbitration shall be

Agreement No.: GEE23-008 25 Shanghai, PRC. The language to be used in the arbitral proceedings shall be English, and the arbitral tribunal shall be composed of three arbitrators. 15.2.2 Irrespective of any discussions or disputes between the Parties, each Party shall always continue to fulfil its undertakings under this License Agreement unless an arbitral tribunal or court (as the case may be) decides otherwise. 15.2.3 In any arbitration proceeding, any legal proceeding to enforce any arbitration award, or any other legal proceedings between the Parties relating to this License Agreement, each Party expressly waives the defense of sovereign immunity and any other defense based on the fact or allegation that it is an agency or instrumentality of a sovereign state. Such waiver includes a waiver of any defense of sovereign immunity in respect of enforcement of arbitral awards and/or sovereign immunity from execution over any of its assets. 15.2.4 All arbitral proceedings as well as any and all information, documentation and materials in any form disclosed in the proceedings shall be strictly confidential. [Signature Pages Follow] Agreement No.: GEE23-008 26 This License Agreement has been signed in three (3) originals, of which the Licensor has received two (2) originals and the Licensee received one (1) original. ZHEJIANG LIANKONG POLESTAR PERFORMANCE AB TECHNOLOGIES CO., LTD By: By: Printed Name: Xxxxx Xxxx Printed Name: Xxxxxx Xxxxxxxxx Title: General manager Title: CEO Date: 28 September 2023 Date: 8 September 2023 By: By: Printed Name: Printed Name: Xxxxx Xxxxxxx Title: Title: Head of Operations Date: Date: 8 September 2023 APPENDIX 1 SPECIFICATION, INCLUDING APPENDICIES 1A-1C 1. GENERAL This Appendix 1 is part of the License Agreement executed between the Licensee and the Licensor and provides a description of the Technology licensed to the Licensee under this License Agreement. 2. DEFINITIONS Any capitalised terms used but not specifically defined herein shall have the meanings set out for such terms in the License Agreement. In addition, the capitalised terms set out below in this Appendix 1 shall for the purposes of this Appendix have the meanings described herein. All capitalised terms in singular shall have the same meaning in plural and vice versa. 3. SPECIFICATION OF LICENSE CONTENT 3.1 The Licensed Intellectual Property and the technical specification and deliverables needed for the Licensee to make use of the Licensed Intellectual Property is specified in the Appendix 1A-1C: Appendix 1A – Polestar [***]. Network Topology Appendix 1B – ECU List & Technical Information deliverables Appendix 1C –Software Code Delivery Content & Open Source Code Information Appendix 1A – Polestar [***] . Network Topology Reuse from Zeekr- [***] Reuse from Zeekr Other Variants- [***] Reuse from [***]-Reuse NW interface Reuse from [***]-New NW interface Reuse Polestar Specific Solution

Appendix 1B – ECU List & Technical information deliverables [***] Appendix 1C. Software Code Delivery Content & Open Source Code Information [***] APPENDIX 2 DELIVERY PLAN [***]