STOCK TITAN

Polestar (NASDAQ: PSNY) investors back all AGM items and appoint PwC

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Polestar Automotive Holding UK PLC shareholders approved all resolutions at the 2026 annual general meeting. A total of 2,686,453,200 votes represented by American Depositary Shares were present in person or by proxy, establishing a quorum.

Investors backed the 2025 annual report, the Directors’ Remuneration Report, the Remuneration Policy, and the re-appointment of all named directors. Shareholders also renewed authority to issue and allot ordinary shares and approved the disapplication of preemption rights, as well as allowing general meetings (other than the AGM) to be called on at least 14 clear days’ notice.

Öhrlings PricewaterhouseCoopers AB was appointed as the Company’s independent external auditor for the fiscal year ending December 31, 2026, replacing Deloitte AB. As of the AGM date, Polestar had 4,641,151,170 voting rights across its Class A, B, C-1 and C-2 ordinary shares.

Positive

  • None.

Negative

  • None.
Votes represented at AGM 2,686,453,200 votes Votes present at 2026 AGM
Votes for annual report 2,685,755,640 votes Resolution 1: receive 2025 annual report and financial statements
Votes for remuneration report 2,671,659,480 votes Resolution 2: Directors’ Remuneration Report for period ended Dec 31, 2025
Votes for share issuance authority 2,658,287,250 votes Resolution 14: authority to issue and allot ordinary shares
Votes for disapplication of preemption rights 2,658,364,920 votes Resolution 15: disapplication of preemption rights
Total voting rights 4,641,151,170 voting rights As of date of 2026 AGM
Class A ordinary shares 4,317,225,540 shares Each carrying one vote per share, as of AGM date
Class B ordinary shares 29,892,570 shares Each carrying ten votes per share, as of AGM date
annual general meeting financial
"On June 26, 2026, Polestar Automotive Holding UK PLC (“Polestar”) held its 2026 annual general meeting of shareholders"
American Depositary Shares financial
"votes of the Company’s shares, which are represented by American Depositary Shares (“ADSs”)"
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.
Remuneration Policy financial
"To receive and approve the Remuneration Policy."
A remuneration policy is a company’s written guide on how it pays executives and senior managers, covering salary, bonuses, stock awards and other benefits. It matters to investors because it shows how pay is linked to long-term performance and risk—like a recipe that determines whether incentives encourage sustainable growth or reward short-term gains—affecting governance, shareholder returns and potential conflicts of interest.
preemption rights financial
"Authority for disapplication of preemption rights"
Preemption rights give existing shareholders the first chance to buy newly issued shares so they can keep the same fraction of ownership. Think of it like getting first dibs on extra slices of pizza so your portion of the pie doesn’t shrink. For investors this matters because it protects voting power and value per share by preventing unexpected loss of ownership when a company issues more stock.
independent external auditor financial
"the Company's independent external auditor for the fiscal year ending December 31, 2026"
An independent external auditor is a neutral, third-party accounting professional or firm that examines a company’s financial records, statements, and internal controls to confirm they are accurate and comply with accounting rules. Like a referee verifying a game's score, their independent report gives investors confidence that reported results are reliable and helps reveal mistakes, misleading practices, or weaknesses that could affect the company’s financial health and investment risk.
voting rights financial
"shares in issue with a total of 4,641,151,170 voting rights"
Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did Polestar (PSNY) shareholders approve at the 2026 AGM?

Polestar shareholders approved all 16 resolutions at the 2026 AGM, including the 2025 annual report, remuneration items, re-appointment of all proposed directors, authority to issue ordinary shares, disapplication of preemption rights, and shorter notice periods for non-annual general meetings.

How many votes were represented at Polestar (PSNY) 2026 AGM?

At the 2026 AGM, 2,686,453,200 votes of Polestar shares represented by ADSs were present in person or by proxy, constituting a quorum for the meeting and enabling shareholders to decide on all ordinary and special resolutions on the agenda.

Which auditor did Polestar (PSNY) appoint for fiscal year 2026?

Shareholders appointed Öhrlings PricewaterhouseCoopers AB as Polestar’s independent external auditor for the fiscal year ending December 31, 2026, effective after the AGM. PwC replaces Deloitte AB as the Company’s auditor for the upcoming financial reporting period.

Did Polestar (PSNY) shareholders renew share issuance authority at the AGM?

Yes. Shareholders passed the resolution granting authority to issue and allot ordinary shares, with 2,658,287,250 votes for and 27,665,490 against. A related special resolution to disapply preemption rights also passed with strong majority support at the 2026 AGM.

What voting rights structure does Polestar (PSNY) have as of the 2026 AGM?

As of the AGM, Polestar had 4,641,151,170 voting rights, including 4,317,225,540 Class A shares with one vote each and 29,892,570 Class B shares with ten votes each, plus Class C-1 and C-2 ordinary shares each carrying one vote per share.

How are Polestar (PSNY) ADSs linked to underlying ordinary shares?

Polestar’s American Depositary Shares each represent rights to 30 underlying ordinary shares of the relevant class. At the AGM, voting was conducted on a poll basis, with ADSs reflecting the voting power of the underlying Class A, B, C-1, and C-2 shares.

Were Polestar (PSNY) AGM results aligned with board recommendations?

Yes. All AGM resolutions were approved in line with the recommendations of Polestar’s board of directors. This included governance items, auditor appointment, share issuance authorities, and meeting notice flexibility, reflecting broad shareholder support for the board’s proposals.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 6-K 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2026

 

Commission File Number: 001-41431 

 

 

Polestar Automotive Holding UK PLC

 

 

Assar Gabrielssons Väg 9

405 31 Göteborg, Sweden

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. 

 

Form 20-F  x                Form 40-F  ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

 

On June 26, 2026, Polestar Automotive Holding UK PLC (“Polestar”) held its 2026 annual general meeting of shareholders (the “AGM”). At the AGM, 2,686,453,200 votes of the Company’s shares, which are represented by American Depositary Shares (“ADSs”), were represented in person or by proxy, constituting a quorum.

 

Voting at the AGM was conducted by way of a poll, with each Class A ordinary share, Class C-1 ordinary share and Class C-2 ordinary share, which are represented by ADSs, issued and outstanding as of the close of business on the record date entitled to one (1) vote, and each Class B ordinary share, which are represented by ADSs, issued and outstanding as of the close of business on the record date, entitled to ten (10) votes, respectively, on each resolution at the AGM. The ADSs carry a right to 30 underlying ordinary shares of their respective class.

 

The following are the voting results for the proposals considered and voted upon at the AGM, with resolutions 1 to 14 being ordinary resolutions that required more than 50% of shareholders’ votes to be cast in favor and resolutions 15 and 16 being special resolutions that required at least 75% of shareholders’ votes to be cast in favor:

 

Resolutions Votes for Votes Against Votes withheld
1 To receive the Company’s annual report and audited financial statements for the period ended 31 December 2025. 2,685,755,640 142,230 502,936
2 To receive and approve the Directors' Remuneration Report for the period ended 31 December 2025. 2,671,659,480 14,324,400 416,837
3 To receive and approve the Remuneration Policy. 2,685,202,320 757,290 439,488
4 To re-appoint Winfried Vahland as a Director. 2,685,257,760 704,640 394,279
5 To re-appoint Cynthia Dubin as a Director. 2,685,319,170 639,480 397,310
6 To re-appoint Francesca Gamboni as a Director. 2,685,333,330 624,960 398,151
7 To re-appoint Christine Gorjanc as a Director. 2,685,293,970 665,610 396,862
8 To re-appoint Michael Lohscheller as a Director. 2,685,375,480 619,860 361,103
9 To re-appoint Karl-Thomas Neumann as a Director. 2,671,914,930 14,027,490 411,084
10 To re-appoint Xiaojie (Laura) Shen as a Director. 2,685,273,510 625,470 456,535
11 To re-appoint Quan (Joe) Zhang as a Director. 2,677,109,460 8,799,600 461,246
12 To appoint PricewaterhouseCoopers LLP and Öhrlings PricewaterhouseCoopers AB (together the ‘Auditor’) as auditor of the Company, to hold office from the conclusion of this meeting until the conclusion of the next annual general meeting of the Company at which the Company’s financial statements are laid before the shareholders. 2,685,790,260 316,260 344,427
13 To authorise the Audit Committee to determine the remuneration of the Auditor. 2,685,758,370 333,270 341,668
14 Authority to issue and allot ordinary shares 2,658,287,250 27,665,490 496,589
15 Authority for disapplication of preemption rights 2,658,364,920 27,399,990 660,870
16 To authorise the calling of general meetings of the Company (not being an annual general meeting) by notice of at least 14 clear days. 2,682,684,690 3,391,020 372,391

 

 

 

 

 

Based on the foregoing votes, the shareholders approved all of the proposals. The results were in line with the recommendations made by Polestar’s board of directors.

 

The shareholders appointed Öhrlings PricewaterhouseCoopers AB ("PwC") as the Company's independent external auditor for the fiscal year ending December 31, 2026, effective upon the conclusion of the AGM. PwC replaces Deloitte AB as the Company's auditor.

 

As of the date of the AGM, Polestar had the following shares in issue with a total of 4,641,151,170 voting rights: (i) 4,317,225,540 Class A Ordinary shares each carrying one vote per share; (ii) 29,892,570 Class B Ordinary shares each carrying ten votes per share; (iii) 20,499,960 Class C-1 Ordinary shares each carrying one vote per share; and (iv) 4,499,970 Class C-2 Ordinary shares each carrying one vote per share.

 

As of the date of the AGM Polestar held no ordinary shares in treasury. A vote withheld is not counted in the calculation of the votes for or against a resolution. Votes ‘For’ include those votes giving Polestar’s Chairman discretion.

 

The information contained in this report on Form 6-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  POLESTAR AUTOMOTIVE HOLDING UK PLC
Date: June 26, 2026    
     
  By: /s/ Michael Lohscheller
  Name: Michael Lohscheller
  Title: Chief Executive Officer
   
  By: /s/ Jean-François Mady
  Name: Jean-François Mady
  Title:  Chief Financial Officer