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Management Presentation

Attractive market fundamentals | Leadership and scale | Multiple growth drivers | Margin improvement | Attractive financial outlook | Compelling sustainability story A Focused on sales execution Europe Building on our leadership position 50% of total Sandoz net sales • #1 in Generics and Biosimilars • Capitalize on our footprint, portfolio and pipeline North America Stabilizing and returning to growth 23% • of total Sandoz net sales Leading in segments where we compete Four high-value upcoming Biosimilars launches International Capturing high-growth / high-return opportunities 27% of total Sandoz net sales • Targeting attractive markets Leveraging our portfolio globally, supplemented by M&A and BD&L Note: FY 2022 net sales to third parties based on carve-out financials 12 Management Presentation SANDOZ
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