Bausch + Lomb Corporation (BLCO) Bausch + Lomb Corporation Presents at Morgan Stanley


Bausch + Lomb Corporation (NYSE:BLCO) Bausch + Lomb Corporation Morgan Stanley 23rd Annual Global Healthcare Conference September 8, 2025 7:45 AM EDT

Company Participants

Brenton L. Saunders – CEO & Chairman
Osama Eldessouky – Executive VP & CFO

Conference Call Participants

Patrick Wood – Morgan Stanley, Research Division

Presentation

Patrick Wood
MD of Equity Research

Good morning. Welcome to the first day of the Morgan Stanley Healthcare Conference. It’s exciting for important disclosures, please see morganstanley.com/researchdisclosures. But I’m thrilled, obviously, to have Brenton and Osama, CEO and CFO of Bausch + Lomb, respectively. I know you guys don’t actually do a lot of these conferences. So massively appreciate you taking the time to come here.

Brenton L. Saunders
CEO & Chairman

First question I have is, your lawyers must be pretty good because we have to read a whole thing.

Patrick Wood
MD of Equity Research

Yes. I think we just like pointed off in that — it’s actually my home page.

Question-and-Answer Session

Patrick Wood
Morgan Stanley, Research Division

I mean why don’t we just like jump right in. You guys have been on quite a journey over the last few years since becoming, I guess, your own thing independent in that way. How are you feeling about where you are now, I guess, both strategically but also the cultural side of that?

Brenton L. Saunders
CEO & Chairman

Yes, it’s a great question. Thanks, Patrick. So look, I guess we spun out in ’22. I joined in early ’23. And so my frame of reference really is ’23 and beyond because ’22 wasn’t a full year as a public company. And when I joined, I was very clear, I think, in the first few earnings calls that we had some work to do.

And I prioritized and I created what



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