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Investor Presentation

Attractive market fundamentals | Leadership and scale | Multiple growth drivers | Margin improvement Attractive financial outlook Compelling sustainability story Growth driven by launches in the US and strong performance in Europe and International Net sales by region 2023 2028 (illustrative) = Mid-single digit growth¹ Europe consistently performing above the market • ~25% growth contribution • Leverage footprint with new launches 2023 Europe North America International 2028 1. In constant currencies. For additional information regarding constant currencies, which is a non-IFRS measure, see "Appendix" starting on slide 31. 22 Management Presentation North America with US returning to growth • ~50% growth contribution • Growth primarily driven by four high-value Biosimilars launches Leveraging growth in International markets -25% growth contribution Prioritize first-to-market and Biosimilars launches SANDOZ
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