Oatly Results Presentation Deck

24.1% 2021 YEAR-OVER-YEAR 2022 GROSS MARGIN BRIDGE 2.1% PRICING ACTIONS (4.5%) INFLATIONARY PRESSURES (4.5%) CONTINUED COVID-19 PRESSURES IN ASIA (2.6%) EXTENDED RAMP-UP OF OGDEN FACILITY (2.3%) EMEA CHARGES EXACERBATED BY VOLATILITY IN THE MACRO ENVIRONMENT (1.3%) OTHER, NET 11.1% 2022 Q4'22 EARNINGS PRESENTATION 31

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