Q2'21 Earnings Presentation

MULTIPLE OPPORTUNITIES FOR CONTINUED GLOBAL GROWTH Accelerate brand awareness and consumer trial 2 Invest in global production capacity to capture immense demand 4 Expand into new markets with proven, disciplined and thoughtful multi-channel strategy Drive category growth through distribution, velocity and market share gains in existing markets 5 Roll out our existing product portfolio across global regions and pioneer new product categories with innovation THE ORIGINAL OATLY! Q2'21 EARNINGS PRESENTATION 25

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