Oatly Results Presentation Deck

EMEA CONTINUED TO STRENGTHEN ITS CORE MARKETS AND EXPAND FOODSERVICE CUSTOMER BASE TOTAL EMEA CATEGORY GROWTH REMAINED ROBUST¹ Y/Y RETAIL SALES GROWTH IN Q1 2023¹ 3% Plant-Based Milk 12% Oat STRENGTHENING CORE MARKETS² VALUE SHARE OF NON-DAIRY MILK 22.0% 26.4% Germany 25.3% 27.6% UK 26.6% 27.1% Netherlands 6 months ago GROWING FOODSERVICE Latest RECENTLY-SIGNED CUSTOMERS 8tea5 CUSTOMERS Nordic Choice Hotels edyn 12 months ago (1) Consolidated Year-over year value growth for the 12 weeks ended April 2 for Germany and March 26 for UK, Sweden, Austria, Switzerland, Netherlands, Belgium, Denmark, Norway. Source Nielsen. For Germany Hard discount is excluded. 9 Source for UK, IRI. (2) Value market share for the 4w ending March 26 (April 2 for Germany) 2023, October 9 (October 2 for Germany) 2022, March 27 ( April 3 for Germany) 2022. Source Nielsen, For Germany Hard discount is excluded. Source for UK, IRI. GRIND

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