Polestar nominates Christine Gorjanc and Laura Shen for election to its Board of Directors and announces Winfried Vahland as next Board Chair

– SWEDEN, Gothenburg – Polestar (Nasdaq: PSNY) announced the appointment of current Board member Winfried Vahland as Chair of its Board of Directors, effective the next AGM, to succeed Håkan Samuelsson who intends to retire as Board Chair.

The company also announced the nominations of Christine Gorjanc and Laura Shen for their election to its Board of Directors subject to approval at the upcoming AGM.

Concurrently, Carla De Geyseleer, Audit Committee Chair will not stand for re-election as Director.

About Winfried Vahland

Winfried Vahland has a long career in the international automotive industry. Among other leading positions the graduate economist and engineer was CEO and President of Volkswagen Group China from 2005-2010, where he oversaw a turnaround of operations through an extensive model offensive and successful efficiency program. He held the position of CEO of Škoda Auto between 2010-2015, delivering the future-oriented positioning of the brand, a comprehensive model expansion, and record results.

Before joining the Polestar Board in January 2024, he served for five years as a Member of the Board of Volvo Cars.

About Christine Gorjanc

Christine Gorjanc has over 35 years of experience in finance and accounting roles and is a highly experienced previous Chief Financial Officer of Netgear and Arlo Technologies. She has served on both public and private company boards including chairing the Audit Committee and serving on the Compensation Committee on these. She is the lead director of Juniper Networks. Christine is proposed to Chair the Polestar Board’s Audit Committee.

About Xiaojie Shen (Laura)

Xiaojie Shen has over 20 years of automotive industry experience. She joined Volkswagen Group (China) in 2007 as Vice President and has held several senior management positions, including as Managing Director of Volkswagen Group (China) Import Company. Previously, she was Head of Sales at BMW Brilliance.

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