NOVARTIS AG

Ticker: NVS CUSIP: 66987V109 Class: SPONSORED ADR

Next Capital Management LLC's Holding History (CIK: 0001752762)

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

Q3 2019

Shares 1,000 Value ($000) $87 Avg Close — Range —

Q2 2019

Shares 1,655 Value ($000) $151 Avg Close — Range —

Q1 2019

Shares 1,000 Value ($000) $96 Avg Close — Range —

Q4 2018

Shares 1,000 Value ($000) $86 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2019	1,000	$87	—	—
Q2 2019	1,655	$151	—	—
Q1 2019	1,000	$96	—	—
Q4 2018	1,000	$86	—	—