Exhibit 99.1
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION.
If you are in any doubt about the contents of this document or the action you should take, you should immediately consult your stockbroker, bank manager,
solicitor, accountant, or other independent professional adviser. If you have recently sold or transferred all of your shares in Polestar Automotive Holding UK PLC, you should forward this document and the accompanying documents to your bank,
stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee. If you have sold or transferred only part of your holdings, you should retain these documents.
The Notice of Annual General Meeting to be held at the offices of Alston & Bird (City) LLP, LDN:W,
6th Floor, 3 Noble Street, London, EC2V 7EE, United Kingdom at 15:00 p.m. on 7 October 2024 is set out at the end of this document. Shareholders may submit a proxy vote using the form of
proxy enclosed.
Proxymity Voting if you are an institutional investor you may also be able to appoint a proxy electronically via the Proxymity
platform, a process which has been agreed by the Company and approved by the Registrar. For further information regarding Proxymity, including applicable voting cut-off time, please go to
www.proxymity.io. Before you can appoint a proxy via this process you will need to have agreed to Proxymitys associated terms and condition. It is important that you read these carefully as you will be bound by them and they will govern
the electronic appointment of your proxy. A proxy may also be appointed by CREST members, by using the CREST electronic proxy appointment service.
POLESTAR AUTOMOTIVE HOLDING UK PLC
(incorporated and registered in England and Wales under number 13624182)
NOTICE OF ANNUAL GENERAL MEETING 2024
to be held at the offices of Alston & Bird (City) LLP,
LDN:W, 6th Floor, 3 Noble Street, London, EC2V 7EE, United Kingdom
at 15:00 pm (British Summer Time) on 7 October 2024.
No person should construe the contents of this
document as legal, tax or financial advice and recipients of this document should consult their own advisers as to the matters described in this document.
Cautionary note regarding forward-looking statements
This document contains statements about the Company that are or may be forward-looking statements within the meaning of the safe harbour provisions
of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this document may be forward-looking statements. Without limitation, any statements preceded or followed by, or that
include, the words targets, plans, believes, expects, aims, intends, will, may, should, anticipates, estimates,
projects or words or terms of similar substance or the negative thereof, are forward-looking statements. These statements include, but are not limited to, the timing of the Annual General Meeting, the presence of Directors at the Annual
General Meeting, the acceptance of proxies, and the performance of information technology and other providers. These forward-looking statements are not guarantees of future performance and have not been reviewed by the auditors of the Company. Any
forward-looking statements are based on the Companys current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or
implied by such forward-looking statements, many of which are beyond the Companys control. These risks and uncertainties include, but are not limited to, the performance of information technology and third-party service providers. These and
other factors are discussed in the Risk Factors and Cautionary Note Regarding Forward-Looking Statements sections of filings that the Company makes with the SEC, including its Annual Report on Form 20-F. All forward-looking statements contained in this document are based on information available to the Directors of the Company at the date of this document, unless some other time is specified in relation to
them, and the posting or receipt of this document shall not give rise to any implication that there has been no change in the facts set forth herein since such date. The Company undertakes no duty to update this information, expect as is required by
law.
Notice to persons outside the United Kingdom
The distribution of this document in certain jurisdictions may be restricted by law and therefore persons into whose possession this document comes should
inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.