Oatly Results Presentation Deck

DOUBLING DOWN ON ASSET-LIGHT PRODUCTION MODEL ACTIONS BEING TAKEN WE HAVE NOW FOUND WAYS AND SOLUTIONS TO EXPAND CAPACITY, WHEN NEEDED, IN OUR EXISTING EMEA AND AMERICAS SUPPLY CHAIN FACILITIES WE ARE DISCONTINUING CONSTRUCTION OF NEW MANUFACTURING PLANTS IN EMEA AND AMERICAS EXPECTED IMPACTS INCREASED FOCUS BY SIMPLIFYING THE SUPPLY CHAIN AND REDUCING COMPLEXITY REDUCED CAPEX NEEDS INCREASED CONFIDENCE IN LONGER-TERM MARGIN TARGETS NOW EXPECT CAPEX TO BE BELOW $75 MILLION IN 2023 AND BELOW $75 MILLION IN 2024 CONTINUOUSLY EVALUATING THE ENTIRE SUPPLY CHAIN, INCLUDING THE ASIA SUPPLY CHAIN 7

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