Standard Chartered Group (PSNY) discloses 6.1% beneficial stake in Polestar ADSs

Rhea-AI Filing Summary

Polestar Automotive Holding UK PLC has a significant shareholder, Standard Chartered Bank (Hong Kong) Limited, together with its parent Standard Chartered PLC. They report beneficial ownership of 9,972,005 Class A American Depositary Shares (ADSs), representing 6.1% of the Class A ADSs.

Each ADS represents 30 Class A Ordinary Shares with a par value of $0.01. The percentage is based on 4,898,511,300 Class A Shares (in 163,283,710 Class A ADSs) and 29,892,570 Class B Shares (in 996,419 Class B ADSs) outstanding as of June 30, 2026, assuming all Class B Shares are converted into Class A Shares. Voting and dispositive power over the ADSs is shared between the Hong Kong bank and its UK parent.

Key Figures

ADSs beneficially owned: 9,972,005 Class A ADSs Ownership percentage: 6.1% ADS to ordinary share ratio: 1 ADS = 30 Class A Ordinary Shares +3 more

6 metrics

ADSs beneficially owned 9,972,005 Class A ADSs Beneficially owned by Standard Chartered Bank (Hong Kong) Limited and its parent

Ownership percentage 6.1% Percent of Polestar Class A ADSs beneficially owned

ADS to ordinary share ratio 1 ADS = 30 Class A Ordinary Shares Each Class A ADS represents 30 Class A Ordinary Shares, par value $0.01

Class A Shares outstanding 4,898,511,300 Class A Shares Outstanding as of June 30, 2026, in the form of 163,283,710 Class A ADSs

Class B Shares outstanding 29,892,570 Class B Shares Outstanding as of June 30, 2026, in the form of 996,419 Class B ADSs

Class B conversion ratio 1 Class B Share = 1 Class A Share Each Class B Share convertible into one Class A Share at holder’s option

Key Terms

beneficially owned, dispositive power, American Depositary Shares, Schedule 13G, +1 more

5 terms

beneficially owned financial

"Amount beneficially owned: 9,972,005"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

dispositive power financial

"Shared power to dispose or to direct the disposition of: 9,972,005"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

American Depositary Shares financial

"Class A American Depositary Shares ("ADSs"), each ADS representing 30 Class A Ordinary Shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Schedule 13G regulatory

"I also undertake to furnish ... information that would otherwise be disclosed in a Schedule 13D."

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

non-U.S. institution (bank) regulatory

"The Bank is classified under Item 3 as a non-U.S. institution (bank)."

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Available on EDGAR 08/06/2026 - 11:33 AM Accepted by SEC EDGAR 08/06/2026 - 11:32 AM Learn about SEC filing dates

FAQ

How much of Polestar (PSNY) does Standard Chartered currently own?

Standard Chartered, through its Hong Kong banking subsidiary, beneficially owns 9,972,005 Class A ADSs of Polestar, representing 6.1% of the Class A ADSs. This stake is calculated assuming conversion of all outstanding Class B Shares into Class A Shares.

What type of Polestar (PSNY) securities does Standard Chartered hold?

Standard Chartered holds Class A American Depositary Shares (ADSs) of Polestar. Each ADS represents 30 Class A Ordinary Shares with a par value of $0.01. The Hong Kong bank subsidiary directly holds all 9,972,005 ADSs reported.

How is voting power over Polestar (PSNY) shares allocated for Standard Chartered?

Standard Chartered reports 0 ADSs with sole voting power and 9,972,005 ADSs with shared voting power. Voting and dispositive power over these Polestar ADSs is shared between Standard Chartered Bank (Hong Kong) Limited and its parent, Standard Chartered PLC.

What share counts were used to calculate Standard Chartered’s 6.1% stake in Polestar (PSNY)?

The 6.1% figure is based on 4,898,511,300 Class A Shares in 163,283,710 Class A ADSs and 29,892,570 Class B Shares in 996,419 Class B ADSs outstanding as of June 30, 2026, assuming all Class B Shares convert into Class A Shares.

What is the relationship between Standard Chartered Bank (Hong Kong) and Polestar (PSNY)?

Standard Chartered Bank (Hong Kong) Limited is a non-U.S. institution (bank) that directly holds 9,972,005 Polestar Class A ADSs. Its parent, Standard Chartered PLC, may be deemed to share voting and dispositive power over these ADSs as a controlling company.

What are Polestar (PSNY) Class A ADSs and how do they relate to ordinary shares?

Polestar’s Class A American Depositary Shares (ADSs) are US-traded receipts, with each ADS representing 30 Class A Ordinary Shares at a par value of $0.01 per share. Standard Chartered’s 9,972,005 ADSs therefore correspond to a much larger number of underlying ordinary shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Polestar Automotive Holding UK PLC

(Name of Issuer)

Class A American Depositary Shares ("ADSs"), each ADS representing 30 Class A Ordinary Shares, par value $0.01 each

(Title of Class of Securities)

731105409

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 731105409

1

Names of Reporting Persons

Standard Chartered Bank (Hong Kong) Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

HONG KONG

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,972,005.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,972,005.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,972,005.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.1 %

12

Type of Reporting Person (See Instructions)

BK, FI

Comment for Type of Reporting Person: Note to Rows 6 and 8: Each Class A ADS represents thirty (30) Class A Ordinary Shares, par value $0.01 each. Standard Chartered Bank (Hong Kong) Limited (the "Bank") is a direct, wholly-owned subsidiary of Standard Chartered PLC (the "Parent"). The Bank holds directly 9,972,005 Class A ADSs of the Issuer. Accordingly, as the parent company of the Bank, the Parent may be deemed to share voting and dispositive power over the Class A ADSs of the Issuer held by the Bank. Note to Row 11: Based on (i) 4,898,511,300 Class A Shares in the form of 163,283,710 Class A ADSs and (ii) 29,892,570 Class B Shares in the form of 996,419 Class B ADSs outstanding on June 30, 2026 as disclosed by the Issuer. Each Class B Share is convertible into one Class A Share at any time at the option of the holder of such Class B Share. Assumes the conversion of the Class B Shares referred to above into Class A Shares.

SCHEDULE 13G

CUSIP Number(s): 731105409

1

Names of Reporting Persons

Standard Chartered PLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,972,005.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,972,005.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,972,005.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.1 %

12

Type of Reporting Person (See Instructions)

HC, FI

Comment for Type of Reporting Person: Note to Rows 6 and 8: Each Class A ADS represents thirty (30) Class A Ordinary Shares, par value $0.01 each. The Bank is a direct, wholly-owned subsidiary of the Parent. The Bank holds directly 9,972,005 Class A ADSs of the Issuer. Accordingly, as the parent company of the Bank, the Parent may be deemed to share voting and dispositive power over the Class A ADSs of the Issuer held by the Bank. Note to Row 11: Based on (i) 4,898,511,300 Class A Shares in the form of 163,283,710 Class A ADSs and (ii) 29,892,570 Class B Shares in the form of 996,419 Class B ADSs outstanding on June 30, 2026, as disclosed by the Issuer. Each Class B Share is convertible into one Class A Share at any time at the option of the holder of such Class B Share. Assumes the conversion of the Class B Shares referred to above into Class A Shares.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Polestar Automotive Holding UK PLC
(b)	Address of issuer's principal executive offices: Assar Gabrielssons Vag 9, Gothenburg, V7 405 31
Item 2.
(a)	Name of person filing: Standard Chartered Bank (Hong Kong) Limited (the "Bank") Standard Chartered PLC (the "Parent")
(b)	Address or principal business office or, if none, residence: The address of the principal business office of the Bank is Standard Chartered Bank Building, 4-4A Des Voeux Road, Central, Hong Kong The address of the principal business office of the Parent is 1 Basinghall Avenue, London, United Kingdom EC2V 5DD
(c)	Citizenship: The place of organization of the Bank is Hong Kong The place of organization of the Parent is the United Kingdom
(d)	Title of class of securities: Class A American Depositary Shares ("ADSs"), each ADS representing 30 Class A Ordinary Shares, par value $0.01 each
(e)	CUSIP No.: 731105409
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Bank
Item 4.	Ownership
(a)	Amount beneficially owned: 9,972,005
(b)	Percent of class: 6.1%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 9,972,005
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 9,972,005
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. The Bank is a direct, wholly-owned subsidiary of the Parent and holds directly the Class A ADSs of the Issuer reported herein. Accordingly, the Parent may be deemed to share voting and dispositive power over the Class A ADSs of the Issuer held by the Bank. The Bank is classified under Item 3 as a non-U.S. institution (bank).
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to a bank is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Standard Chartered Bank (Hong Kong) Limited

Signature:	/s/ Steven K. Choe
Name/Title:	Steven K. Choe / Managing Director, Global Head, Equity Financing and Derivatives
Date:	08/06/2026

Standard Chartered PLC

Signature:	/s/ Scott Corrigan
Name/Title:	Scott Corrigan / Group Company Secretary
Date:	08/06/2026

Exhibit Information

Joint Filing Agreement dated May 12, 2026, entered into by the Reporting Persons (incorporated by reference to Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons on May 12, 2026 (SEC File No. 005-93708)). https://www.sec.gov/Archives/edgar/data/1884082/000110465926059114/tm2613653d1_ex99-1.htm