Oatly Group AB (NASDAQ:OTLY) Q1 2022 Earnings Conference Call May 4, 2022 8:30 AM ET Company Participants | --- | --- | |--------------------------------------------------------------------------------------------------------------------------|-------| | | | | Rachel Ulsh – Investor Relations | | | Toni Petersson – Chief Executive Officer Christian Hanke – Chief Financial Officer Peter Bergh – Chief Operating Officer | | | Conference Call Participants | | | | | | Andrew Lazar – Barclays | | | Ken Goldman – ...

Table of Contents FORM 20-F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

Oatly Group AB (NASDAQ:OTLY) Q4 2021 Earnings Conference Call March 9, 2022 8:30 AM ET Company Participants Katie Turner - ICR Toni Petersson - CEO Christian Hanke - CFO Peter Bergh - COO Conference Call Participants Kenneth Goldman - JPMorgan Brian Holland - Cowen and Company Kaumil Gajrawala - Credit Suisse Rupesh Parikh - Oppenheimer Laurent Grandet - Guggenheim Securities Michael Lavery - Piper Sandler John Baumgartner - Mizuho Securities Jon Andersen - William Blair Operator Greetings, and welcome ...

OATLY 4Q21 FINANCIAL PRESENTATION MARCH 2022 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any express or implied statements contained in this presentation that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding our financial outlook for 2022 and long-term growth strategy, as well as statements that include the words "expect," "intend," "p ...

Exhibit 99.1 Oatly Reports Fourth Quarter and Full Year 2021 Financial Results Record Quarterly Revenue of $185.9 Million, an Increase of 46.3% Year-Over-Year Record 2021 Revenue of $643.2 Million, an Increase of 52.6% Year-Over-Year Provides Fiscal Year 2022 Outlook MALMÖ, Sweden, March 9, 2022 – Oatly Group AB (Nasdaq: OTLY) ("Oatly" or the "Company"), the world's original and largest oat drink company, today announced financial results for the fourth quarter and full year ended December 31, 2021. Toni Pe ...

Financial Data and Key Metrics Changes - For Q3 2021, the company reported record revenue of $171.1 million, a 49% increase compared to $114.7 million in Q3 2020 [20][59] - Gross profit for Q3 was $44.9 million, with a gross margin decrease of 510 basis points to 26.2% compared to 31.3% in the prior year [63] - The company expects revenue for fiscal year 2021 to exceed $635 million, representing a growth of over 51% compared to fiscal year 2020 [71] Business Line Data and Key Metrics Changes - The foodservice channel accounted for 35.8% of revenue in Q3 2021, up from 27.3% in the same period last year, while the retail channel accounted for 59.4%, down from 69.4% [61] - Finished goods volume produced was 131 million liters, a 77% increase from 74 million liters in the same period last year [20] Market Data and Key Metrics Changes - In the Americas, the company was approximately $3 million below its revenue plan for Q3 due to lower-than-expected production output at its Ogden facility [25] - In Asia, revenue was also approximately $3 million below plan, primarily due to COVID-19 related foodservice location closures [27] - EMEA revenue was approximately $1 million lower than expected due to a truck driver shortage in the UK [28] Company Strategy and Development Direction - The company is prioritizing growth investments over profitability to position itself for strong growth in the dairy alternatives market, which is estimated to be worth approximately $600 billion [12] - The company plans to open additional facilities in the U.S., U.K., and China in 2023, which are expected to add 450 million liters of finished goods capacity [53][57] - The company aims to have 50% to 60% of total volumes come from self-manufacturing to improve production and supply chain economics [56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth potential despite short-term headwinds impacting revenue growth [30][80] - The company anticipates that the challenges faced in Q3 will abate as it heads into 2022, with a strong long-term trajectory for the business [30] - Management highlighted the importance of maintaining a premium brand position and expects to retain pricing power despite inflationary pressures [103] Other Important Information - The company has opened new facilities in Ogden, Utah, and Singapore, with plans to open a second manufacturing facility in Asia [16][50] - The company has experienced an increase in trade costs due to the pandemic and supply chain disruptions, but expects localization of production to help offset these costs [64][66] Q&A Session Summary Question: Capacity expectations for next year - Management reiterated that the long-term outlook remains unchanged, with expectations for 1.075 billion liters of capacity in 2022, while monitoring supply chain disruptions [83][86] Question: Pricing power and inflationary pressures - Management acknowledged inflationary pressures but expects to compensate through price increases and optimization of product mix [101][102] Question: Shelf space and production issues - Management clarified that there were no losses in shelf space, but delays in distribution and production impacted expected growth [108][109] Question: Co-manufacturing capacity - Management discussed the potential for retaining more co-packing capacity and the competitive landscape for co-manufacturing [117][118]

OATLY 3Q21 FINANCIAL PRESENTATION NOVEMBER 2021 This presentation includes forward-looking statements. All statements other than statements of historical facts contained in this presentation, including statements regarding our future results of operations and financial position, industry dynamics, business strategy and plans and our objectives for future operations, are forward-looking statements. These statements represent our opinions, expectations, beliefs, intentions, estimates or strategies regarding t ...

OATLY 2021 FINANCIAL PRESENTATION AUGUST 2021 This presentation includes forward-looking statements. All statements other than statements of historical facts contained in this presentation, including statements regarding our future results of operations and financial position, industry dynamics, business strategy and plans and our objectives for future operations, are forward-looking statements. These statements represent our opinions, expectations, beliefs, intentions, estimates or strategies regarding the ...

Oatly Group AB (NASDAQ:OTLY) Q2 2021 Earnings Conference Call August 16, 2021 8:30 AM ET Company Participants Katie Turner - ICR Toni Petersson - CEO & Director Peter Bergh - COO Christian Hanke - CFO Conference Call Participants Andrew Lazar - Barclays Bank Dara Mohsenian - Morgan Stanley Kenneth Goldman - JPMorgan Chase & Co. Kaumil Gajrawala - Crédit Suisse Michael Lavery - Piper Sandler & Co. Laurent Grandet - Guggenheim Securities Bryan Spillane - Bank of America Merrill Lynch William Chappell - Truist ...