Oatly Results Presentation Deck

UPDATED FOREIGN EXCHANGE ASSUMPTIONS FOR 2022 GUIDANCE Notes: 1. 2. SEK/USD EUR/USD GBP/USD RMP/USD Updated(¹) Previous (2) 10.25 9.14 0.96 0.88 0.82 0.74 6,67 6.35 Exchange rates as of June 30, 2022 used in revised guidance as of August 2, 2022. Previous management expectations set at the time of original 2022 guidance on March 9, 2022. % Chg -11% -8% -10% -5% Q2'22 EARNINGS PRESENTATION 33

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