Oatly Results Presentation Deck

SOLID START TO THE YEAR Y/Y Revenue Growth Y/Y Constant Currency Revenue Growth¹ change vs prior quarter Gross Margin change vs prior year change vs prior quarter Adj. EBITDA ¹ change vs prior year change vs prior quarter Notes: USD in millions 1. Adjusted EBITDA and constant currency revenue are non-IFRS measures. See the Appendix to this presentation for a reconciliation to the nearest IFRS measures 1Q 2023 +18% +24% +960 bps 17% +790 bps +150 bps $(50) +$22 +$11 7

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