0001193125-25-225055 Sample Contracts

SECOND SUPPLEMENTAL INDENTURE
Second Supplemental Indenture • September 30th, 2025 • Oatly Group AB • Food and kindred products • New York

THIS SECOND SUPPLEMENTAL INDENTURE dated as of September 30, 2025 (the “Supplemental Indenture”), is between Oatly Group AB (publ), a public limited liability company established under the laws of Sweden, as issuer (the “Company”), and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”).

FIRST SUPPLEMENTAL INDENTURE
Supplemental Indenture • September 30th, 2025 • Oatly Group AB • Food and kindred products • New York

THIS FIRST SUPPLEMENTAL INDENTURE dated as of September 30, 2025 (the “Supplemental Indenture”), is between Oatly Group AB (publ), a public limited liability company established under the laws of Sweden, as issuer (the “Company”), and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”).