2Q21 earnings presentation

1H21 vs. 1H19 Core operating margin¹ bridge % of net sales ● 17.1 Alcon 1H19 0.1 GM 1.6 SG&A (0.6) R&D 0.1 Other income/expense Key drivers SG&A: operating leverage and reduced investments in COVID-impacted markets 18.3 1. Core operating margin is a non-IFRS measure. An explanation of non-IFRS measures can be found in the Appendix. (0.2) FX 18.1 1H21 17

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