Polestar Automotive Holding UK PLC will hold its Annual General Meeting on October 7, 2024. The company announced significant board changes, including the resignation of Chairman Håkan Samuelsson and the proposed appointment of Winfried Vahland as the new Chair. Three new directors are recommended for election: Francesca Gamboni, Christine Gorjanc, and Laura Shen.Shareholders will vote on several resolutions, including the re-appointment of Deloitte as external auditor and approval of a new compensation package for the Chair position, set at $500,000 annually. The board also proposes increased remuneration for the Audit Committee Chair and members.The company reported navigating challenging macroeconomic conditions in 2023 and adapting its business plan in 2024 to address increased price competition and import duties. Polestar aims to maintain its exclusive brand position while working towards future profitability.

Polestar Automotive Holding UK PLC will hold its Annual General Meeting on October 7, 2024. The company announced significant board changes, including the resignation of Chairman Håkan Samuelsson and the proposed appointment of Winfried Vahland as the new Chair. Three new directors are recommended for election: Francesca Gamboni, Christine Gorjanc, and Laura Shen.Shareholders will vote on several resolutions, including the re-appointment of Deloitte as external auditor and approval of a new compensation package for the Chair position, set at $500,000 annually. The board also proposes increased remuneration for the Audit Committee Chair and members.The company reported navigating challenging macroeconomic conditions in 2023 and adapting its business plan in 2024 to address increased price competition and import duties. Polestar aims to maintain its exclusive brand position while working towards future profitability.