Symbol:  NVS

Security name:  Novartis CDR (CAD Hedged)

Status:  estimated

Declaration date:  Feb. 20, 2025

Ex distribution date:  March 11, 2025

Record date:  March 12, 2025

Payable date:  March 20, 2025

Distribution per unit:  53.0469 cents

Distribution type:  cash (in Canadian dollars)

Comments:  regular cash; country source of income: Switzerland; estimated gross rate per CDR (Canadian depositary receipt): 0.824569; withholding tax rate: 35.0000 per cent