SCHEDULE: Platin S.a r.l. & Olivier Goudet Boost Oatly Stake to 10.3%

Platin S.a r.l. and Olivier Goudet have disclosed a combined beneficial ownership of 10.3% of Oatly Group AB's Ordinary Shares, including convertible notes.

Summary

• Platin S.a r.l. and Olivier Goudet (Reporting Persons) beneficially own 63,548,385 Ordinary Shares of Oatly Group AB.
• This represents 10.3% of the company's outstanding Ordinary Shares.
• The ownership comprises 2,770,000 American Depositary Shares (ADSs), equivalent to 55,400,000 Ordinary Shares.
• Additionally, it includes Convertible Notes convertible into approximately 407,419 ADSs, representing 8,148,385 Ordinary Shares.
• The percentage is calculated based on 606,215,420 Ordinary Shares outstanding as of June 30, 2025, as reported in the Company's Current Report on Form 6-K filed with the SEC on July 23, 2025, plus the 8,148,385 Ordinary Shares from the convertible notes.
• The Reporting Persons share both voting and dispositive power over these shares.
• This is an Amendment No. 1 to a Schedule 13G, indicating an update to a previous filing.
• The Reporting Persons certify that the securities were not acquired or held for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The disclosure of a significant 10.3% stake by a major investor (Platin S.a r.l. and Olivier Goudet) is generally viewed as a positive signal of confidence in the company, although the filing itself is purely factual and regulatory.

Positives

• A significant investor, Platin S.a r.l. (controlled by Olivier Goudet), holds a substantial 10.3% stake in Oatly Group AB, indicating continued confidence.
• The inclusion of convertible notes in the beneficial ownership calculation suggests a long-term investment perspective by the reporting persons.

Negatives

• This filing does not present any explicit negative information regarding Oatly Group AB's operational performance or financial outlook.

Risks

• Potential dilution from the conversion of convertible notes into Ordinary Shares, although this is already factored into the reported 10.3% ownership percentage.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Oatly Group AB's management.

Industry Context

This filing primarily concerns a change in beneficial ownership disclosure by a significant investor and does not provide specific insights into broader industry trends or competitive positioning for the plant-based food and beverage sector.

Comparison to Industry Standards

• This Schedule 13G filing is a regulatory disclosure of beneficial ownership and does not contain information suitable for comparison to industry-specific operational or financial benchmarks.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant ownership stake, which can influence market perception and trading activity.

Next Steps

• This filing does not mention any specific future actions, events, or milestones for Oatly Group AB or the Reporting Persons beyond the regulatory disclosure itself.

Key Dates

Keywords

Oatly Group AB, OTLY, Schedule 13G, Beneficial Ownership, Platin S.a r.l., Olivier Goudet, Convertible Notes, American Depositary Shares, Shareholder Stake, SEC Filing