Oatly Results Presentation Deck

20 2022 KEY HIGHLIGHTS Broad-based revenue growth across regions Continue to scale production across three continents Leading market share across key markets (¹) #1 selling oatmilk SKU and highest velocities across key markets (2) New product launches and distribution gains driving conversion from dairy to Oatly Notes: Nielsen only covers measured channels 1. Based on most recently available publicly-disclosed FY2021 net sales figures for Gatly's key competitors in U.S. and Nielsen in terms of retail sales value for key markets of Sweden, Germany, the U.S. and the U.K. ending week 24, 2022 in Sweden Netherlands, Austria and Switzerland, ending week 22 2022 in Germany, June 18, 2022 in the US, and June 18, 2022 in the U.K. 2. Velocity (rate of sales) based on top selling SKU by sales value compared to top selling SKU of next three largest competitors by sales value in key markets in Sweden, Netherlands, Austria, Switzerland, Germany, the U.S. and the U.K. for the last 12 weeks ending week 24, 2022 in Sweden Netherlands, Austria and Switzerland, ending week 26 2022 in Germany, June 18, 2022 in the US and June 18, 2022 in the U.K. (Major Multiples). Q2'22 EARNINGS PRESENTATION 4

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