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Reimagining Medicine

Company overview Financial review Conclusions Appendix References FINANCIAL PROFILE Very strong H1; Q2 continuing robust top and bottom-line growth... Group¹ USD million Q2 2023 Change vs. PY H1 Change vs. PY % USD % CC 2023 % USD % CC Net Sales 13,622 7 9 26,575 5 8 Core Operating income 4,668 9 17 9,081 9 16 Operating income 2,920 31 50 50 5,776 14 28 Net Income 2,317 37 54 4,611 18 Core EPS (USD) 1.83 17 25 3.54 17 EPS (USD) 1.11 44 62 2.20 24 39 32 25 39 32 25 Free Cash Flow 3,275 -6 5,995 23 1. Core results, constant currencies and free cash flow are non-IFRS measures. Further details regarding non-IFRS measures can be found starting on page 48 of the Condensed Interim Financial Report. 19 Investor Relations | Q2 2023 Results ✓ NOVARTIS | Reimagining Medicine
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