NOVARTIS AG

Ticker: NVS CUSIP: 66987V109 Class: SPONSORED ADR

Northwest & Ethical Investments L.P.'s Holding History (CIK: 0002033536)

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

Q2 2016

Shares 15,700 Value ($000) $1,295 Avg Close — Range —

Q1 2016

Shares 15,700 Value ($000) $1,137 Avg Close — Range —

Q4 2015

Shares 15,700 Value ($000) $1,351 Avg Close — Range —

Q3 2009

Shares 13,580 Value ($000) $684 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	15,700	$1,295	—	—
Q1 2016	15,700	$1,137	—	—
Q4 2015	15,700	$1,351	—	—
Q3 2009	13,580	$684	—	—