Oatly Results Presentation Deck

EMERGING OATMILK AS THE NON-DAIRY DEFAULT The oat category is gaining market share and surpassing other crop categories % of total plant-based milk retail market (¹) SWEDEN 80% 60% 40% 20% Inherent sustainable characteristics 0% June 19 YOY Growth (2) Oat: 5% DA: 3% Oat 77% 10% 8% June 22 60% 40% 20% 0% June 19 Flexible within the supply chain UNITED KINGDOM Oat: 16% Oat DA: 2% 21% 20% June 22 Soy Oat 48% 75% 50% 25% 0% Almond June 19 Oat GERMANY Oat: 23% DA: 9% Widely accessible to a range of eaters Dairy Alternatives Oat 67% 14% 13% June 22 80% 60% 40% 20% UNITED STATES June 19 Source: Nielsen IQ, IRI. Notes: 1. Market shares by retail sales value, represent rolling four weeks period; Sweden Nielsen data as of week 24, 2022; U.K. IRI data as of June 18, 2022; Germany Nielsen data as of week 26 2022 and U.S. Nielsen data as of June 18, 2022. 2. Year-over-year growth of 52-week periods; Sweden Nielsen data as of week 24, 2022; U.K. IRI data as of June 18, 2022; Germany Nielsen data as of week 26 2022 and U.S. Nielsen data as of June 18, 2022. Oat: 48% 62% DA: 6% June 22 Oat 22% 7% Q2'22 EARNINGS PRESENTATION 9

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