Oatly Results Presentation Deck

NOT ALL OATMILKS ARE CREATED EQUALLY Built on 25+ years of Swedish science with more than 95 filed and pending patents (1) ENZYMATION PROCESS to create our core oatbase - the foundation of our products PATENTED BUILDING THE WORLD'S BEST OAT-BASED DAIRY PRODUCTS Focused on process and functionality improvements to iterate the product portfolio Notes: 1. As of June 30, 2021. Process improves stability and maintains natural fiber content 65+ research & development team members across the globe (1) OAT EXPERTISE to understand variances in raw material and their effects on end products THE ORIGINAL DEVELOPING WORLD-LEADING OAT TECHNOLOGY AT GLOBAL RESEARCH HUBS Our multifaceted innovation approach begins with research at the raw material level. Local innovation power tailors products to local taste profiles and consumer expectations CLINICAL STUDIES to validate our nutritional product attributes ●ATLY! E TRA Rocolat AT OAT LY! ATGURT Besday GAT DRINK OAT GENOME LIBRARY to craft the most nutritional and functional oat variety Q2'21 EARNINGS PRESENTATION ATLY MTGURT ATLY MTGURT 15

View entire presentation