Company: BLCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013244
Chunk: 43

Company: Bausch & Lomb Corp
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 43
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 Options for all other NEOs, with the following approximate aggregate values.

| NEO                 |     |     Approved 
     Value(1) |
| Brenton L. Saunders |     | $ 14,000,000 |
| Sam A. Eldessouky   |     |   $3,000,000 |
| A. Robert D. Bailey |     |   $2,000,000 |
| Dr. Yehia Hashad    |     |   $1,250,000 |
| Andrew J. Stewart   |     |   $1,000,000 |

| (1) | We note that the amounts included in the table above reflect the aggregate values of the annual RSUs, PSUs and Stock Options approved by the Talent and Compensation Committee for the above listed NEOs for 2024. These approved values reflected above may differ from the grant date fair value of these awards as reflected in the Summary Compensation Table that follows this CD&A, because of the accounting methodology used to report the PSUs in the Summary Compensation Table, as required by SEC rules. |

| * | Organic revenue growth, 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. See Appendix B for further information on non-GAAP measures and ratios. |

For 2024, Mr. Bailey and Mr. Stewart were entitled to receive the annual equity grants included in the chart above, pursuant to their employment agreements. For 2025, all NEOs are eligible to receive equity grants on an annual basis with an annual target grant date value determined in the sole discretion of the Talent and Compensation Committee, which will be approximately $14,000,000 for Mr. Saunders, $3,300,000 for Mr. Eldessouky, $2,250,000 for Mr. Bailey, $1,400,000 for Dr. Hashad and $1,300,000 for Mr. Stewart. Performance Share Units (“PSUs”) PSUs provide senior executives with the right to receive B+L Common Shares at a future date, assuming performance against pre-determined metrics is achieved, specifically organic revenue growth (non-GAAP) (1)and rTSR. The value ultimately received is based on the performance against these metrics as well as the growth of B+L Common Share price over time. The number of PSUs that may be earned is capped at