NOVARTIS AG

Ticker: NVS CUSIP: 66987V109 Class: SPONSORED ADR

NICHOLAS COMPANY, INC.'s Holding History (CIK: 0000903949)

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

Q4 2013

Shares 98,900 Value ($000) $7,949 Avg Close — Range —

Q3 2013

Shares 98,400 Value ($000) $7,548 Avg Close — Range —

Q2 2013

Shares 98,400 Value ($000) $6,957 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	98,900	$7,949	—	—
Q3 2013	98,400	$7,548	—	—
Q2 2013	98,400	$6,957	—	—