Novartis Pension Fund 1 - Exercise of shareholder rights

We are pleased to inform you that the Novartis Pension Fund 1 actively exercised its voting rights as a shareholder during this year's reporting season. As provided for in the pertinent internal Guidelines (approved by the Board of Trustees of the Novartis Pension Fund 1) as a principle, the right to vote was exercised in favor of the proposals of the Boards of Directors of the respective companies.