0001843586 2026-05-22 2026-05-22 0001843586 1 2026-05-22 2026-05-22 iso4217:USD pure shares S-8 S-8 EX-FILING FEES 0001843586 Oatly Group AB N/A false S-8 Oatly Group AB Equity Ordinary shares, par value SEK 0.00018 per share true 74364960 0.49925 37126706.28 0.0001381 5127.20 37126706.28 5127.20 0.00 5127.20 (1) These ordinary shares, par value SEK 0.00018 per share (the "Ordinary Shares"), are represented by American Depositary Shares ("ADSs") of Oatly Group AB (publ) (the "Company" or the "Registrant"), which each represent twenty Ordinary Shares. ADSs issuable upon deposit of the Ordinary Shares registered hereby have been registered under the Registration Statement on Form F-6 (Registration No. 333-278165), which was filed with the Securities and Exchange Commission and became effective on March 22, 2024, as subsequently amended by that Post-Effective Amendment No. 1 to Registration Statement on Form F-6, which was filed with the Securities and Exchange Commission and became effective on February 12, 2025. (2) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this registration statement shall also cover any additional Ordinary Shares of the Company that may become issuable under the terms of the Company's 2021 Incentive Award Plan (the "2021 Incentive Plan") by reason of any share split, share dividend, recapitalization or other similar transaction effected without the Company's receipt of consideration which results in an increase in the number of the outstanding Ordinary Shares. (3) Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and (h) under the Securities Act, based upon the average of the high and low selling prices of the ADSs on May 20, 2026, as reported on the Nasdaq Stock Market LLC, divided by 20 (the ordinary share-to-ADS ratio).