Oatly director Melloul reports initial share holdings

Q: What is the conversion ratio between Oatly Ordinary Shares and ADSs?

Each Oatly ADS represents 20 Ordinary Shares. The filing notes that Ordinary Shares may be converted into ADSs at a 20-to-1 ratio, at the election of Eric Melloul, giving him flexibility in how his shareholdings are represented in the market.

Q: What restricted stock units (RSUs) does Eric Melloul hold in Oatly (OTLY)?

Eric Melloul holds 2,886 RSUs, each representing one ADS. These RSUs will vest in full on the date of Oatly’s next annual general meeting, provided he continues to serve as a director, and carry no voting or dividend rights before vesting.

Oatly Group AB director Eric Melloul has filed a Form 3 reporting his existing equity stake in the company.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Oatly Group AB director Eric Melloul has filed a Form 3 reporting his existing equity stake in the company. He directly holds 58,557 Ordinary Shares and 9,489 ADSs. Ordinary Shares may be converted into ADSs at a 20-to-1 ratio at his election.

The filing also notes 2,886 restricted stock units, each representing one ADS, that will vest in full on the date of Oatly’s next annual general meeting, provided he continues serving as a director until that date.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Melloul Eric

Role Director

Type	Security	Shares	Price	Value
holding	Ordinary Shares	--	--	--
holding	ADSs	--	--	--

Holdings After Transaction: Ordinary Shares — 58,557 shares (Direct); ADSs — 9,489 shares (Direct)

Footnotes (2)

F1. Ordinary Shares may be converted into ADSs at a conversion ratio of 20-to-1, at the election of the Reporting Person.
F2. Includes RSUs, each RSU represents a right to receive one ADS in the Issuer. 2,886 RSUs will vest in full on the date of the Issuer's next annual general meeting, subject to the Reporting Person's continued service as a director through such vesting date. There are no voting or dividend rights prior to vesting.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Eric Melloul’s Form 3 filing for Oatly (OTLY) show?

The Form 3 shows Eric Melloul’s existing ownership in Oatly Group AB. He reports 58,557 Ordinary Shares, 9,489 ADSs, and 2,886 RSUs that will vest at the next annual general meeting, subject to his continued service as a director.

How many Oatly (OTLY) Ordinary Shares and ADSs does Eric Melloul hold?

Eric Melloul reports direct holdings of 58,557 Ordinary Shares and 9,489 ADSs. These positions reflect his equity stake as of the Form 3 filing date and are not the result of a new buy or sell transaction in the disclosure.

What is the conversion ratio between Oatly Ordinary Shares and ADSs?

Each Oatly ADS represents 20 Ordinary Shares. The filing notes that Ordinary Shares may be converted into ADSs at a 20-to-1 ratio, at the election of Eric Melloul, giving him flexibility in how his shareholdings are represented in the market.

What restricted stock units (RSUs) does Eric Melloul hold in Oatly (OTLY)?

Eric Melloul holds 2,886 RSUs, each representing one ADS. These RSUs will vest in full on the date of Oatly’s next annual general meeting, provided he continues to serve as a director, and carry no voting or dividend rights before vesting.

Does Eric Melloul’s Oatly Form 3 indicate recent insider buying or selling?

No, the Form 3 is an initial ownership report, not a trade notice. It lists Eric Melloul’s existing holdings in Ordinary Shares, ADSs, and RSUs without any transaction codes indicating recent insider purchases or sales in this disclosure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/18/2026 - 07:33 PM EDT

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Melloul Eric

(Last)

(First)

(Middle)

111 5TH AVENUE 2ND FLOOR

(Street)

NEW YORK

NY 10003

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Oatly Group AB [ OTLY ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares⁽¹⁾	58,557	D
ADSs⁽²⁾	9,489	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. Ordinary Shares may be converted into ADSs at a conversion ratio of 20-to-1, at the election of the Reporting Person.

2. Includes RSUs, each RSU represents a right to receive one ADS in the Issuer. 2,886 RSUs will vest in full on the date of the Issuer's next annual general meeting, subject to the Reporting Person's continued service as a director through such vesting date. There are no voting or dividend rights prior to vesting.

	Timothy Sjovall, pursuant to power of attorney	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR