Bausch Health Companies Investor Conference Presentation Deck slide image

Bausch Health Companies Investor Conference Presentation Deck

3Q21 Revenue Results Three Months Ended BAUSCH + LOMB Bausch Pharma4 12 Bausch+Lomb ³ Segment Global Vision Care Global Surgical Global Consumer³ Global Ophtho Rx³ Bausch+Lomb Company Salix Segment International Rx³ Segment Ortho Dermatologics ³ Segment Ortho Dermatologics ³ Global Solta Diversified Products ³ Segment Neuro & Other³ Generics ³ Dentistry Bausch Pharma4 Company ¹,5 Total Bausch Health Revenues BAUSCH- Health 9.30.21 $949 M $226M $173M $379M $171M $949M $527M $271M $140M $66M $74M $224M $151M $48M $25M $1,162M $2,111M 9.30.20 $916M $214M $151M $351M $200M $916M $496M $308M $143M $70M $73M $275M $200M $56M $19M $1,222M $2,138M Favorable (Unfavorable) Organic Change ¹,2 3% 6% Reported 4% 6% 15% 8% (15%) 4% 6% (12%) (2%) (6%) 1% (19%) (25%) (14%) 32% (5%) (1%) 13% 7% (15%) 3% 6% (1%) (3%) (6%) (1%) (19%) (25%) (14%) 32% (2%) 0% Nine Months Ended 9.30.21 $2,764M $666M $520M $1,051 M $527M $2,764M $1,515M $890M $418M $199M $219M $651M $448M $127M $76M $3,474M $6,238M 9.30.20 $2,468 M $542M $394M $986M $546M $2,468M $1,377M $848M $391M $225M $166M $730M $506M $176M $48M $3,346M $5,814M Favorable (Unfavorable) Organic Change ¹,2 10% Reported 12% 23% 32% 7% (3%) 12% 10% 5% 7% (12%) 32% (11%) (11%) (28%) 58% 4% 7% 21% 28% 5% (6%) 10% 10% 6% 5% (12%) 27% (10%) (10%) (27%) 58% 4% 6% 1. See Slide 2 and Appendix for further non-GAAP information. 2. Organic growth/change, a non-GAAP metric, 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. 3. In connection with the planned separation of the Company's eye health business into an independently traded entity from the remainder of Bausch Health Companies Inc, the Company has realigned and has begun operating in a manner consistent with the organizational structure of the two separate entities as proposed by the separation. Commencing in Q1 2021, the Company realigned its segment reporting structure and now operates in five reportable segments. Further in Q2 2021, the Company moved certain products previously reported in the International Rx Business Unit to the Global Consumer or Global Ophtho Rx business units. For more information about the current segment reporting structure, please see "New Segment Structure" and "New Segment Realignment" appendix slides in this Earnings presentation. 4. The remainder of Bausch Health is referred to as "Bausch Pharma" and will assume a new name upon the separation of the Company's eye health business, Bausch + Lomb. 5. Bausch Pharma revenues, a non-GAAP metric, are determined by subtracting Bausch+Lomb segment revenues for the applicable period from total Bausch Health revenues for the applicable period.
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