Oatly Results Presentation Deck

Revenue (USD in millions) % Year-over-year growth $166.2 1Q 2023 REVENUE GROWTH Q1 2022 Revenue +9% +24% YOY Volume Growth (1) Constant Currency Revenue Growth (2) +15% Notes: May not add due to rounding 1. Liters of finished goods sold 2. Constant currency revenue is a non-IFRS measure. Please see appendix for a reconciliation to revenue, the nearest IFRS measure. YOY Constant Currency Price/Mix Growth(2) (5%) FX Impact +18% Revenue Growth $195.6 Q1 2023 Revenue 24

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