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Reimagining Medicine

Company overview Financial review 2023 priorities Appendix Continuing core margin improvements for Group driven by IM Innovative Medicines Sandoz Group Q4 2022 Core operating FY 2022 Core operating FINANCIAL PROFILE Net sales change vs. PY income change vs. PY Core margin Core margin change vs. PY Net sales change vs. PY Core margin income change vs. PY Core margin change vs. PY (in % cc)1 (in % cc) 1 (%)1 (%pts cc)1 (in % cc)1 (in % cc)1 (%) 1 (%pts cc)1 3 14 36.4 3.5 4 8 36.9 1.3 0 -18 16.8 -3.8 4 -1 20.6 -1.1 3 15 31.8 3.5 4 8 33.0 1.3 IM - Innovative Medicines. 1. Constant currencies (cc), core results are non-IFRS measures. An explanation of non-IFRS measures can be found on page 49 of the Condensed Interim Financial Report. 39 Investor Relations | Q4 2022 Results āœ“ NOVARTIS | Reimagining Medicine
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