NOVARTIS AG

Ticker: NVS CUSIP: 66987V109 Class: SPONSORED ADR

DUFF & PHELPS INVESTMENT MANAGEMENT CO's Holding History (CIK: 0000765443)

Note: Option positions (PUT/CALL) are excluded.

Q2 2019

Shares 22,021 Value ($000) $2,009 Avg Close — Range —

Q1 2019

Shares 59,150 Value ($000) $5,687 Avg Close — Range —

Q4 2018

Shares 50,811 Value ($000) $4,360 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	22,021	$2,009	—	—
Q1 2019	59,150	$5,687	—	—
Q4 2018	50,811	$4,360	—	—