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Management Presentation

Attractive market fundamentals | Leadership and scale | Multiple growth drivers | Margin improvement | Attractive financial outlook | Compelling sustainability story Global leadership and scale; #1 in Europe, Sandoz biggest market Breakdown of global Generics and Biosimilars players by region1 Gross sales, in USD bn SANDOZ Company A Company B Company C Company D 3.4 Company E 3.0 Europe North America International 6.7 9.1 11.2 11.9 #1 in stable and profitable European market At scale but not over-exposed to North America Targeted presence in International 1. Based on Company analysis using data from IQVIA MIDAS MAT 12-2022 data in LCUSD at gross price, excluding ATC J7,K,T and V, NFC V and Z and certain sizeable markets with no or limited Sandoz operations; Biocomparable, Early Entry Generics and Generics as defined by IQVIA. 10 Management Presentation SANDOZ
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