X0508 4 2025-08-14 0000885590 Bausch Health Companies Inc. BHC 0001394923 Paulson John 180 LAKEVIEW AVENUE WEST PALM BEACH FL 33401 true false Common Stock, no par value 2025-08-14 4 P 0 34721118 9 A 70755869 I By Managed Funds John Paulson, the controlling person of Paulson Capital Inc. ("Paulson"), serves on the board of directors of the Issuer. Paulson is the investment manager of investment funds (the "Funds"). John Paulson may be deemed an indirect beneficial owner of the securities, which are directly owned by the Funds. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Act"), the reporting person disclaims beneficial ownership of any securities reported herein, except to the extent that the reporting person has a pecuniary interest therein. This report shall not be deemed an admission that such reporting person is the beneficial owner of any securities not directly owned by such reporting person. Certain of the securities of the Issuer referred to herein as beneficially owned by the Funds are the same securities reported separately in the Form 3 filed by Paulson & Co. on the date hereof. JOHN PAULSON By: /s/ John Paulson John Paulson 2025-08-14