Oatly Results Presentation Deck

STABLE LOCAL SUPPLY TO FACILITATE ASIA'S EXPANSION IN 2023 AS COVID-19 RESTRICTION EASE EXPAND DISTRIBUTION LAUNCH NEW PRODUCTS DRIVE EFFICIENCY Notes: 1. Quick service restaurant ("QSR") 2. Ready-to-drink ("RTD") ● ● ● Opportunities remain in coffee and QSRs (¹) Expand in tea and e-commerce Accelerate entrance into retail Continue rolling out recent launches New formats and sizes Leverage co-branding for additional RTD (2) items THE REGINAL OAT LY! 茶饮 ATLY! ATLY! LY! www 請5度 Supply chain continuous improvement and fixed cost absorption Cost control Q4'22 EARNINGS PRESENTATION N36 14

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