Oatly Transitions North America Production Facilities To 100% Renewable Electricity For 2021

March 31, 2022

MALMÖ, Sweden, March 31, 2022 (GLOBE NEWSWIRE) — Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world’s original and largest oat drink company, announced today that for 2021, its two North American production facilities, located in Millville, NJ and Ogden, UT sourced 100% renewable electricity for the first time. Oatly sourced renewable energy certificates issued for renewable electricity generated in part from our oat fiber residue as well as wind and solar.