Note 17. Related party transactions

Polar Charge AB and its subsidiaries

For the six months ended June 30, 2026, and 2025, Einride has sold and purchased goods and services with the Polar Charge AB, where a senior executive from Einride is a member of the board of directors and the Group owns a 9% equity stake.

Einride constructs charging stations on behalf of Polar Charge Group and invoices directly for the costs incurred in construction of such stations and also leases sites directly from Polar Charge AB and makes the required periodic lease payments.

 Schedule of related party transaction

At the reporting date the following amounts were outstanding:

Schedule of amounts outstanding between related parties

Fees to the Board  

The chairman and two other board members received the following fees set out below:

Schedule of remuneration to key management personnel

At the reporting date the following amounts were outstanding:

Shares issued to a Director

Pursuant to an advisory agreement, dated June 3, 2025, by and between Einride and Lorne Abony, at that time director of Einride, Einride agreed to pay Mr. Abony up to USD 275,000 for certain advisory services in connection with the Business Combination and a success fee upon consummation of the Business Combination and the PIPE Investment equal to 0.8% of the Einride Shareholders’ percentage ownership in the post-closing company. On the closing day Einride issued 1,013,620 ordinary shares to the Director and recognized a cost for the issuance of SEK 104,114 thousand.

Disposal of Design business to a related party

On December 23, 2025, the Company entered into a business transfer agreement with a related party, to divest the Company’s Design business, a separately identifiable business segment with its own financial monitoring, staff and customer relationships. The transaction closed on February 13, 2026.

The purchase price was SEK 33,254 thousand, settled in cash on the closing date. The disposal resulted in a realized gain before tax of SEK 32,543 thousand.

In connection with the disposal, the Company also (i) entered into a three-year service agreement under which it commits to purchase services from the purchasing company,(ii) acquired a 19% equity interest in the new company, amounting SEK 7,500 thousand, and (iii) entered into a sub-lease agreement for the new company’s office space. These arrangements were assessed, supported by an independent valuation and were considered in concluding that the full purchase price relates to the transferred business. As the purchasing company is a related party, the transaction and the associated agreements are disclosed as a related party transaction.

For the six months ended June 30, 2026, the group have had following transactions with the new company, Navisalma Design AB:

Schedule of transactions and amounts outstanding from related party

At the reporting date the following amounts were outstanding:

Note 28. Related party transactions

During the year, the Group entered into the following transactions with related parties who are not members of the Group and had the following amounts outstanding at the reporting date:

Schedule of related party transaction 

Polar Charge AB and its subsidiaries are a related party of the Group, as a senior executive from the Group is a member of the board of directors and the Group owns a 9% equity stake in Polar Charge AB. The Group constructs charging stations on behalf of Polar Charge Group and invoices directly for the costs incurred in construction of such stations and no construction costs incurred in 2025. These amounts invoiced to Polar Charge AB are presented within other income. The Group also leases sites directly from Polar Charge AB and makes the required periodic lease payments. Refer to Note 31 Interest in joint venture for further details.

Pursuant to an advisory agreement, dated June 3, 2025, by and between Einride and Lorne Abony, a current director of Einride, Einride has agreed to pay Mr. Abony up to USD 275,000 for certain advisory services in connection with the Business Combination and a success fee upon consummation of the Business Combination and the PIPE Investment equal to 0.8% of the Einride Shareholders’ percentage ownership in the post-closing company, which may be paid, at Einride’s option, in Einride Ordinary Shares or penny warrants of Einride. Refer to Note 33 Subsequent events for more details on the PIPE Investment.

Remuneration of key management personnel

Remuneration to senior executives, who are the key management personnel of the Group is set out below:

Schedule of remuneration to senior executives 

Pursuant to an employment agreement, dated May 19, 2025, by and between Einride and Roozbeh Charli, who will serve as Chief Executive Officer and a director of Einride upon the Closing, upon consummation of the Business Combination, Einride will compensate Mr. Charli with the right to subscribe for additional warrants and/or Einride Ordinary Shares, to the extent necessary and for no additional consideration, to ensure that Mr. Charli’s accumulated percentage ownership in Einride is equal to 2.0% of the Einride Shareholders’ percentage ownership in the post-closing company.