Oatly Results Presentation Deck

RECONCILIATION OF NON-IFRS FINANCIAL MEASURES EMEA Americas Asia Total revenue Three months ended September 30, 2023 2022 reported 82,567 101,762 60,702 58,491 39,757 27,342 187,595 101,762 58,491 27,342 187,595 183,026 $ Change Foreign exchange impact 5,917 % Change In constant currency 95,845 58,491 23.2% -3.6% 28,616 -31.2% 2.5% (1,274) 4,643 182,952 As reported In constant currency Volume 16.1% 6.3% -5.6% -3.6% -28.0% -14.8% 0.0% -1.0% Constant currency price/mix 9.8% 2.0% -13.2% 1.0% 35

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