Bausch+Lomb Results Presentation Deck slide image

Bausch+Lomb Results Presentation Deck

Total Bausch+Lomb P&L¹ (Non-GAAP)³ Bausch + Lomb Vision Care Revenue Surgical Revenue Ophthalmic Pharmaceuticals Revenue Total Revenue Adj. Gross Profit²,3 Adj. Gross Margin ³ R&D R&D percent of Revenues Adj. SG&A³ Adj. SG&A percent of Revenues³ Adj. EBITA 3 Depreciation Stock Based Compensation Adj. EBITDA 3,4 Adj. EBITDA Margin ³ Adj. Net Income ³ Adj EPS 3,5 1Q22 $560M $174M $155M $889M $541M 60.9% $77M 8.7% $338M 38.0% $126M $30M $16M $170M 19.1% $85M $0.24 1Q21 $556M $162M $163M $881M $548M 62.2% $67M 7.6% $316M 35.9% $165M $30M $14M $198M 22.5% $93M $0.27 Reported Change 1% 7% (5%) 1% (1%) (130 bps) (15%) (7%) (24%) 0% (14%) (14%) (9%) 1. Products with sales outside the United States impacted by F/X changes.. 2. Excludes amortization and impairments of intangible assets BAUSCH+LOMB 3. This is a non-GAAP measure or ratio. See Slide 2 and Appendix for further information on non-GAAP measures and ratios. 4. Includes transactional FX and NCI. 5. On a proforma basis after giving effect to the IPO. Constant Currency³ 4% 11% (3%) 4% 1% (18%) (10%) (22%) 3% (14%) 17% (15%) Organic Change³ 4% 13% (3%) 5% +5% organic revenue growth ¹,3 Investment in R&D ($10M) and SG&A ($22M) to support future growth expectations 1Q22 impacted by macro market conditions (i.e. China lockdown, FX and inflation) 8
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