Company: BLCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013244
Chunk: 13

Company: Bausch & Lomb Corp
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 13
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ate” as defined under National Instrument 52-110 — Audit Committeesand as required under NYSE rules, and each of Ms. Bernier, Ms. Kavanagh and Mr. Robertson qualifies as an “audit committee financial expert” under the regulations promulgated by the SEC. The Audit and Risk Committee Charter provides that no member of the Audit and Risk Committee may hold 10% or more of the Company’s outstanding B+L Common Shares or serve simultaneously on the audit committee of more than two other public companies unless the Board determines that such simultaneous service would not impair his or her ability to serve effectively on the Audit and Risk Committee.

| 2025 PROXY STATEMENT17 |

TABLE OF CONTENTS

| Talent and Compensation Committee |

| Members           |     |           |     |           |     | Principal Responsibilities:As described in the Talent and Compensation Committee Charter, the key responsibilities of the Talent and Compensation Committee include:                                                                                                                                                                                                                                                                                                               
 +reviewing and approving corporate goals and objectives in connection with the compensation of our CEO, evaluating the CEO’s performance in light of those goals and objectives, and (either as a committee or together with the other independent directors who satisfy the independence, “non-employee” and “outside director” requirements under the Talent and Compensation Committee Charter) determining and approving the compensation of the CEO based on such evaluation; 
 +reviewing and approving each element of total compensation for all officers (as such term is defined in Rule 16a-1(f) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”));                                                                                                                                                                                                                                                                                
 +reviewing and making recommendations to the Board regarding the adoption, amendment or termination of equity-based compensation plans;                                                                                                                                                                                                                                                                                                                                            
 +reviewing and approving arrangements with executive officers relating to their employment relationships with us;                                                                                                                                                                                                                                                                                                                                                                  
 +reviewing and approving any policies of the Company relating to the clawback, forfeiture, recoupment or recovery of any compensation;                                                                                                                                                                                                                                                                                                                                             
 +administering clawback policies and taking any actions as permitted or required to facilitate the clawback, forfeiture, recoupment or recovery of compensation received by employees of the Company in accordance with such policies;                                                                                                                                                                                                                                             
 +taking any actions as permitted or required by applicable law or the listing rules promulgated by the NYSE, TSX or any other stock exchange under which the common stock of the Company may be listed to facilitate the clawback, forfeiture, recoupment or recovery of compensation received by employees of the Company