Oatly IPO Presentation Deck slide image

Oatly IPO Presentation Deck

A BRIEF HISTORY Liters of Finished Goods Equivalent of Oat Base Production Volumes (millions) (1) $MM Revenue Founding of Oatly 1990s 1990s • Oatly is founded by a group of scientists at Lund University • Developed Notes: 1. 2. patented enzyme process 20 2013 2013-2014 Commence company transformation • Launch new strategy Launch of Barista Edition in Sweden New strategy launch 25 2014 2015-2016 Expand footprint and launch of Barista Edition in U.K. 31 2015 Launch of Spreads in Sweden 38 2016 U.S. market entry 2017-2018 Enter German and U.S. markets through foodservice and retail • Mainland China and H.K. market entry with foodservice strategy • Launch of chilled products in U.K. and Sweden PRINTING COPIING SHODISTRIBU $118 (2) 51 2017 China and Germany market entry 84 2018 2019 U.S. and Netherlands factories begin production Broke ground on new Ogden. U.S. factory Launch of chilled products in Germany and frozen desserts in U.S. and U.K. $204 Production capacity expansion 165 $421 Continued investment in production capacity 299 2019 2020-2021 Launch Starbucks + Oatly branded partnerships in U.S. and China Oatly launches on Tmall China 2020 • Strengthened capital structure, first company to execute sustainability linked loan • 9 production facilities planned through 2023 7 Estimate from oatmilk production at 1.3x Revenue for the year ended December 31, 2018 are management's estimates that were derived from our audited Swedish consolidated annual report in accordance with generally accepted accounting principles in Sweden. The amounts presented were converted to U.S. dollars and adjusted for comparability with IFRS, and these adjustments have not been audited or reviewed. The estimates may differ from the amounts that would have been presented if our results of operations for the year ended December 31, 2018 had been prepared in accordance with IFRS. Revenue and gross profit for the years ended December 31, 2019 and 2020 were prepared in accordance with IFRS and have been audited.
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