Oatly Results Presentation Deck

EXPANDED DISTRIBUTION +23% Y/Y CHANGE (12 WEEKS ENDED 3/25/2023) Total Distribution Points (TDPs) Source: Nielsen +14% SOLID EXECUTION ON AMERICAS' COMMERCIAL PRIORITIES IN Q1 Avg. Items per TDP +320 bps % ACV BEGAN TO INCREASE IN-STORE PROMOTIONS % OF RETAIL SALES SOLD ON PROMOTION (PERIODS ENDED 3/25/2023) 17% Last 52 weeks 17% 20% Last 12 Last 4 weeks weeks STARTED TO IMPROVE SHARE TRENDS Y/Y CHANGE IN DOLLAR SHARE OF CHILLED OAT MILK CATEGORY (ROLLING 4-WEEK PERIODS) |||| ||!! -1.7% -2.1% -2.6% -2.6% -2.6% -2.2% 0.2% 15

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