Bausch+Lomb Investor Conference Presentation Deck slide image

Bausch+Lomb Investor Conference Presentation Deck

Reconciliation of Reported Revenue to Organic Revenue ¹,2 and Organic Revenue Growth ¹,2 ($M) (Quarter-to-Date and Year-to-Date) Nine Months Ended September 30, 2022 Three Months Ended September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 BAUSCH + LOMB 1. 2. 3. Revenue as Reported 2,772 942 941 889 1,001 949 934 Changes in Exchange Rates ³ 130 55 46 29 11 (10) (33) Calculation of Bausch + Lomb Organic Revenue Organic Revenue (Non- GAAP)¹,2 2,902 997 987 Nine Months Ended September 30, 2021 Three Months Ended September 30, 2021 June 30, 2021 918 March 31, 2021 1,012 December 31, 2020 901 939 September 30, 2020 June 30, 2020 Revenue as Reported 2,764 949 934 881 944 916 677 Divestitures and Discontinuations (1) (3) (3) (2) (4) (2) Organic Revenue (Non- GAAP) 1,2 2,757 948 931 878 942 912 675 Change in Reported Revenue Amount 8 (7) 7 8 57 33 257 Pct. 0% -1% 1% 1% 6% 4% 38% Change in Organic Revenue ¹,2 Amount 145 49 56 40 70 27 Pct. 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. Organic revenue growth/change, a non-GAAP ratio, is defined as a change on a period-over-period basis in revenues on a constant currency basis (if applicable) excluding the impact of acquisitions, divestitures and discontinuations. The impact for changes in foreign currency exchange rates is determined as the difference in the current period reported revenues at their current period currency exchange rates and the current period reported revenues revalued using the monthly average currency exchange rates during the comparable prior period. 5% 5% 6% 5% 7% 3% 226 33% 23
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