Oatly Results Presentation Deck

OATLY DRIVES GROWTH FOR THE OAT CATEGORY Gaining market share in key markets Total plant-based market share (¹) 50% 40% 30% 20% 10% 0% UNITED KINGDOM YOY GROWTH DA[2] OATLY 2% 5% June 19 Source: Nielsen IQ, IRI. Notes: OAT 48% OATLY 25% June 22 75% 50% 25% 0% GERMANY YOY GROWTH DA[2] OATLY 9% 13% June 19 OAT 67% OATLY 22% June ¹22 25% 20% 15% 10% 5% 0% UNITED STATES YOY GROWTH DA[2] OATLY 6% 38% June 19 1. Market shares by retail sales value in the total plant-based milk category, represent rolling four weeks period; U.K. IRI data as of June 18, 2022, Germany Nielsen data as week 26 2022 and U.S. Nielsen data as of June 18, 2022. 2. Growth rates last 52 weeks vs parallel periods in 2021 Dairy Alternatives, OAT 22% OATLY 5% June 22 Q2'22 EARNINGS PRESENTATION 10

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