Oatly Results Presentation Deck

QUARTER-OVER-QUARTER 3Q 2023 GROSS MARGIN BRIDGE 19.2% 20 2023 ASIA STRATEGY RESET (1.9%) ASIA STRATEGY RESET 0.3% NET SALES/ LITER EMEA & AMERICAS NET PRICE IMPACT 0.8% MIX EFFECT COGS / LITER (0.9%) COST OF PRODUCTION, EXCL. FX (EMEA AND AMERICAS ONLY) (0.2%) OTHER, NET 17.4% 30 2023 27

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