Oatly Results Presentation Deck

DRIVING GROWTH IN EXISTING MARKETS WITH NEW PRODUCT LAUNCHES AND EXPANDING DISTRIBUTION #1 VELOCITY LEADERSHIP IN RETAIL WITH A SUPERIOR PRODUCT VELOCITY: UNITS/STORE/WEEK (¹) (²) Based on largest oatmilk SKUs MAT UK 29 #1 Oatmilk SKU: Oatly Barista 23 #2 Competitor Source: Nielsen IQ, IRI. Notes: GERMANY 29 13 #1 Oatmilk #2 SKU: Oatly Competitor Barista LAUNCHING NEW FORMATS OF OUR #1 SKU TO CONVERT NEW CONSUMERS 0.5L "MINI" BARISTA + THE ORIGINAL OATLY! OAT DRINK BARISTA EDITION HEY VEGAN PREVEGAN NON VEGAN HAVE-NO IDEA-WRAP-VERAN MEANS OUT AN LOVER MEMADE THIS FOR YOU 1L CHILLED BARISTA THE ORIGINAL OAT LY! BARISTA EDITION DAT DRINK Totally regions What kind out drink A CARE IN 北 1. L12W represents the calculated average of the data for the 4-week rolling periods ending Apr 23, 2022, May 21, 2022 and Jun 18, 2022 in the UK. 2. L12W represents the calculated average of the data for the 4-week rolling periods ending May 8, 2022, Jun 5, 2022 and Jul 3, 2022 in Germany. 3. As of June 30, 2022. EXPANDING DISTRIBUTION TO REACH CONSUMERS WHERE THEY SHOP LADL ~900 RETAIL DOORS (3) WE ALDI SÜD ~770 RETAIL DOORS (3) Q2'22 EARNINGS PRESENTATION 13

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