Company: BLCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013244
Chunk: 60

Company: Bausch & Lomb Corp
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 60
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4. These RSUs will vest ratably on the first three anniversaries of the grant, in each case subject to continued employment through the applicable vesting dates. |

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TABLE OF CONTENTS

| (4) | This column shows the number of non-qualified Stock Options granted in 2024. These Stock Options vest ratably on the first three anniversaries of the grant date, subject to continued employment through the applicable vesting dates, and remain exercisable until the ten-year anniversary of the grant date. The exercise price is the closing price on the date of grant of the B+L Common Shares. The aggregate number of Stock Options granted in 2024 expressed as a percentage of the total issued and outstanding B+L Common Shares as of December 31, 2024 (otherwise known as the “burn rate”) was 0.4%. |

| (5) | The amounts reflected in this column represent the aggregate grant date fair value of the Bausch + Lomb equity awards granted to the NEOs in 2024, computed in accordance with FASB ASC Topic 718 (excluding the effect of estimated forfeitures) and, for Stock Options, was determined using Black-Scholes (excluding the effect of estimated forfeitures). For PSUs, the grant date fair value is based on the probable outcome of the performance conditions as of the grant date, consistent with the estimate of aggregate compensation cost to be recognized over the service period determined as of the grant date under FASB ASC Subtopic 718-10. The grant date fair values reflected in this column may differ from the approved values reflected in the CD&A because of the accounting methodology used to report the PSUs in this column, as required by SEC rules. |

Outstanding Equity Awards at Fiscal Year-End The following table provides information on the outstanding Bausch + Lomb and BHC equity awards held by the NEOs as of December 31, 2024. The market value of the stock awards is based on the closing market price on December 31, 2024, which was $18.06 for B+L Common Shares.

| Name                |     | Security  |     |    Date of 
      Grant |     |   Number of 
  Securities 
  Underlying 
 Unexercised 
 Options (#) 
 Exercisable |     |     Number of 
    Securities 
    Underlying 
   Unexercised 
   Options (#) 
 Unexercisable |