Oatly Results Presentation Deck

RECONCILIATION OF NON-IFRS FINANCIAL MEASURES (in thousands of U.S. dollars) Ε.ΜΕ.Α Americas Asia Total revenue Three Months Ended December 31, 2022 89,974 64,386 40,708 195,068 2021 As reported 88,881 89,974 55,487 64,386 41,557 40,708 185,925 195,068 $ Change Foreign exchange impact 12,615 4,019 16,634 In constant currency 102,589 64,386 44,727 211,702 % Change As reported 1.2% 16.0% -2.0% 4.9% In constant currency 15.4% 16.0% 7.6% 13.9% Volume 11.5% -0.2% 22.1% 10.0% Constant currency price/mix 3.9% 16.2% -14.5% 3.9% 38

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