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

Company: Bausch & Lomb Corp
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 25
---
, in RSUs, or in a combination of cash and RSUs. RSUs received pursuant to this election are paid in a lump sum of the B+L Common Shares upon separation from service. All fees, whether payable in cash or RSUs, are delivered in quarterly installments. In addition to the above fees, directors are also reimbursed for their out-of-pocket expenses in connection with attending in-person meetings. In addition, the sum of the aggregate fair market value of all equity-based grants and cash fees paid to a single non-employee director, for service as a non-employee director in a fiscal year, will not exceed $750,000. Our Nominating and Corporate Governance Committee administers the non-employee director compensation program and is required by its charter to periodically review and make recommendations to the full Board regarding the compensation of our non-employee directors. The Nominating and Corporate Governance Committee has sole authority under its charter to retain and/or terminate compensation consultants or compensation consulting firms as the Nominating and Corporate Governance Committee may deem appropriate in recommending non-employee director compensation.

| 30 |

TABLE OF CONTENTS

2024 B+L Director Compensation Table The table below shows the total compensation paid to each non-employee director who served on our Board during 2024.

| Name                           |     | Fees Earned or Paid in Cash 
                      ($)(1) |     | Stock Awards 
 ($)(1)(2)(3) |     | All Other Compensation |     |    Total 
      ($) |
| Nathalie Bernier               |     |                     100,000 |     |      239,986 |     | —                      |     |  339,986 |
| Richard U. De Schutter(4)(6)   |     |                      17,377 |     |       26,867 |     | —                      |     |   44,244 |
| Gary Hu                        |     |                     110,000 |     |      239,986 |     | —                      |     |  349,986 |
| Brett Icahn(5)                 |     |                      83,087 |     |      239,986 |     | —                      |     |  323,073 |
| Sarah B. Kavanagh(5)(7)        |     |                     112,500 |     |      239,986 |     | —                      |     |  352,486 |
| Karen L. Ling                  |