Bausch+Lomb Results Presentation Deck slide image

Bausch+Lomb Results Presentation Deck

3Q23 Revenue Drivers BAUSCH + LOMB $942 M 3Q22 +7% +8% $1,007M 3Q23 3Q23 Revenue Growth Reported 3Q23 Revenue Growth Constant Currency¹ BAUSCH+ LOMB Strong revenue growth across key product franchises -$10M revenue FX headwinds Vision Care ³ 65% $648 M Consumer 35% Contact Lens +11% Growth momentum in key brands Lumify (+47% reported, +47% cc¹) Eye Vitamins (+6% reported, +6% cc¹) Artelac (+11% reported, +11% cc¹) Daily SiHy (+79% reported) Lens portfolio (+3% reported, +5% cc¹), excluding impact of Lynchburg distribution disruptions (+5% reported, +7% cc¹) Surgical . 24% 50% $185M 26% 3 Q 2 3 CONSTANT CURRENCY REVENUE +6% • Consumables (+9% reported, +8% cc¹) • Equipment (+12% reported, +10% cc¹) Implantables (0% reported, -2% cc¹), excluding Eye Cee One IOL product hold (+13% reported, +10% cc¹), strong growth in premium IOLS (+44% reported, +33% cc¹) ■Implantables ■ Equipment Consumables/Other • Inconsistent supply leading to higher cost of inventory and pressure on margins Pharmaceuticals ³ 60% $174M U.S. International GROWTH 1 40% +1% Vyzulta (+46% reported, +54% cc¹), +19% TRX growth driving performance² • U.S. Pharma (-2% reported), strong growth in Vyzulta, offset by supply impact on mature brands International Pharma (+4% reported, +4% cc¹), growth across key markets 1. Constant currency. This is a non-GAAP measure or ratio. See Slide 1 and Appendix for further information on non-GAAP measures and ratios. 2. IQVIA NPA monthly. U.S. only. 3. Effective in the first quarter of 2023, certain products historically included in the reported results of the Pharmaceuticals segment are now included in the reported results of the Vision Care segment and certain products included in the reported results of the Vision Care segment are now included in the reported results of the Pharmaceuticals segment. Management believes these movements are necessary in order to better align these products with the groupings of similar products. The net impact of these product movements was not material to the periods presented. Prior period presentations of segment revenues have been conformed to the current segment reporting structure. 7
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