Oatly Results Presentation Deck

UPDATED FOREIGN EXCHANGE ASSUMPTIONS FOR 2022 GUIDANCE Notes: 1. 2. SEK/USD EUR/USD GBP/USD RMP/USD Updated(¹) Previous (2) 11.14 10.25 1.02 0.96 0.90 0,82 7.12 6.67 Exchange rates as of September 30, 2022 used in revised guidance as of November 14, 2022. Previous management expectations set at 20'22 earnings on August 2, 2022. % Chg -8% -6% -9% -6% Q3'22 EARNINGS PRESENTATION 33

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