Novartis Investor Presentation

New Novartis: Our strategy Our focus Our priorities Improved financials Launch excellence High-value innovation > Operational excellence Strengthen foundations Conclusion Abbreviations 4. Operational excellence ...and on track to deliver operational efficiencies Reorganization on track Savings of ~USD 1.5bn to be fully embedded by 2024 ~USD 1.5bn Organizational changes ☑~USD 1.5bn in savings. ✓ People perspective. Integrated Operations unit synergies Simplification of M&S structure (non-customer-facing) 26 Novartis Investor Presentation | September 22, 2022 Streamlining G&A functions 2022 2023 2024 Minimal impact, offsetting energy costs and inflation pressure in supply chain & NOVARTIS | Reimagining Medicine

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