Oatly Results Presentation Deck

9.5% Q1'22 YEAR-OVER-YEAR 1Q 2023 GROSS MARGIN BRIDGE (1.4%) FX 10.5% PRICING ACTIONS (2.1%) INFLATIONARY PRESSURES 1.9% PRODUCTION & SUPPLY CHAIN IMPROVEMENT (1.2%) AMERICA SUPPLY CHAIN RESET 0.3% OTHER, NET 17.4% Q1'23 32

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