Oatly Results Presentation Deck

INTENTIONALLY PULLED BACK ON SOLD VOLUME ASIA'S Q3 RESULTS REFLECT THE FIRST STAGES OF ITS RESET PLAN 23mm liters 3Q22 SOLD VOLUME (15)% Y/Y 20mm liters 3Q23 Notes: USD in millions. 1. Adjusted EBITDA is a non-IFRS measure. See the Appendix to this presentation for a reconciliation to the nearest IFRS measure. IMPROVED PROFITABILITY BOTH ON A Y/Y AND Q/Q BASIS ADJ. EBITDA¹ +$10MM Y/Y TTT $(18) $(22) $(28) 3Q22 2Q23 3Q23 20

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