Considering this just edits a script and some other files that don't rely on a specific F4SE version, I'd say maybe? I personally don't have NG update installed, but you could try yourself and see if it works. Afaik, the Custom Camera and FOV Slider updates were just to update to the latest version of F4SE, so no under the hood changes I'd imagine. Anno would know better though.
You install FOV Slider and use that instead of Custom Camera for FOV. This patch is specifically for FOV Slider users who prefer the way FOV Slider implements FOV instead of Custom Camera.(cuz it's kinda janky otherwise)
FOV Slider doesn't use the same files that Custom Camera does, so it doesn't matter where that is loaded. As for the patch, definitely load this after Custom Camera.
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Anno would know better though.
Update: I didn't know the new version of CC uses an F4SE plugin, so no this is *not* NG-compatible if you use the new version.