Polestar Automotive held its 2024 annual general meeting on October 7, with 2,336,668,466 votes represented. Shareholders approved all 12 proposals, including the company's 2023 annual report and financial statements, as well as the appointment of five directors including new board members Francesca Gamboni, Christine Gorjanc, and Prof. Xiaojie Shen.The meeting approved key compensation changes, including a new annual cash compensation of $500,000 for the Board Chair and increased Audit Committee compensation to $30,000 for the Chair and $15,000 for members, retroactive from January 2024. Shareholders also approved the appointment of Deloitte as the company's auditor and authorized 14-day notice periods for general meetings.As of the AGM date, Polestar had 2,060,461,997 Class A shares, 49,892,575 Class B shares, 20,499,965 Class C-1 shares, and 4,500,000 Class C-2 shares, totaling 2,584,387,712 voting rights. Class B shares carry ten votes per share, while other share classes carry one vote each.

Polestar Automotive held its 2024 annual general meeting on October 7, with 2,336,668,466 votes represented. Shareholders approved all 12 proposals, including the company's 2023 annual report and financial statements, as well as the appointment of five directors including new board members Francesca Gamboni, Christine Gorjanc, and Prof. Xiaojie Shen.The meeting approved key compensation changes, including a new annual cash compensation of $500,000 for the Board Chair and increased Audit Committee compensation to $30,000 for the Chair and $15,000 for members, retroactive from January 2024. Shareholders also approved the appointment of Deloitte as the company's auditor and authorized 14-day notice periods for general meetings.As of the AGM date, Polestar had 2,060,461,997 Class A shares, 49,892,575 Class B shares, 20,499,965 Class C-1 shares, and 4,500,000 Class C-2 shares, totaling 2,584,387,712 voting rights. Class B shares carry ten votes per share, while other share classes carry one vote each.