Q1 2023 Results slide image

Q1 2023 Results

Company overview Innovation: Pipeline overview Financial review Financial performance Conclusions Appendix Innovation: Clinical trials References Abbreviations Continuing refinement of R&D portfolio to prioritize high-value transformative medicines -10% Total projects in clinical development decreased by ~10% in Q1 2023 as part of comprehensive portfolio review Prioritization based on 34 Investor Relations | Q1 2023 Results strategic fit (within 5 core TAs) commercial potential 136 Current clinical- stage projects in Novartis pipeline asset value competitive landscape INNOVATION Focused portfolio allows ▪ greater resource allocation to priority projects ■ earlier expansion for high value assets NOVARTIS | Reimagining Medicine
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