Oatly Results Presentation Deck

(USD in millions) % Year-over-year growth YOY Sales volumes growth (¹) $10 2019 NET SALES ASIA: STRONG BRAND POSITIONING WITH SIGNIFICANT UPSIDE +599% +121% +427% $54 2020 Notes: 1. Million litres of finished goods, 2. Foodservice includes Coffee & Tea shops. 3. Other is mainly e-Commerce. +136% $127 2021 +55% +66% $148 LTM 2Q 2022 20 2022 NET SALES SPLIT BY CHANNEL Other (3) 30% Retail 11% Foodservice (2) 58% GROWTH OPPORTUNITIES Product portfolio expansion 82% OF 2021 SALES FROM ONE SKU Distribution expansion 11% OF 20 2022 SALES IN RETAIL International expansion ~6% OF 20 2022 SALES OUTSIDE OF MAINLAND CHINA, HONG KONG AND TAIWAN Q2'22 EARNINGS PRESENTATION 17

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