Oatly Results Presentation Deck

● AMERICAS: INCREASING SUPPLY CONTINUES TO BE THE KEY TO DRIVE FUTURE GROWTH Lower production in 3Q 2022 than previously anticipated driven by technical issues, which impacted production performance and output Production output is expected to increase in 4Q 2022 OGDEN, UT MILLVILLE, NJ Production line expansion well underway and commenced commercial production runs in November Q3'22 EARNINGS PRESENTATION 14

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