Bausch+Lomb Results Presentation Deck

Reconciliation of Reported Operating Income to Adjusted EBITA (non-GAAP)1 ($M) (YTD) BAUSCH + LOMB 2022 GAAP Amortization of intangible assets Asset impairments Restructuring and integration costs IT infrastructure investment Separation costs and separation-related costs 2022 Non-GAAP¹ 2021 GAAP Amortization of intangible assets Asset impairments Restructuring and integration costs IT infrastructure investment Separation costs and separation-related costs 2021 Non-GAAP¹ Gross Gross Profit Margin $ 476 65 $ 541 Gross Profit $ 471 76 1 $ 548 YTD 2022 R&D SG&A Expense 343 $ 53.5% $ 7.3% 0.0% 0.0% 0.0% (1) 0.0% (4) 60.9% $ 338 $ This is a non-GAAP measure or non-GAAP ratio. See Slide 2 and Non-GAAP Appendix for further information on non-GAAP measures and ratios. YTD 2021 Gross Margin SG&A 53.5% $ 318 $ 8.6% 0.1% 0.0% 0.0% 0.0% 62.2% $ (2) 316 $ Operating income 77 $ R&D Expense 77 $ 67 $ 54 65 Operating income 67 $ 2 1 4 126 85 76 1 1 2 165 31

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