X0306 4 2019-09-13 0000885590 Bausch Health Companies Inc. BHC 0001242215 PAPA JOSEPH C 400 SOMERSET CORPORATE BOULEVARD BRIDGEWATER NJ 08807 1 1 CHAIRMAN & CEO Common Shares, No Par Value 2019-09-13 4 P 0 30000 23.31 A 839601 D Common Shares, No Par Value 2019-09-13 4 A 0 21248 0 A 860849 D Represents matching Restricted Share Units ("MRSUs") granted to the Reporting Person in connection with the open market purchase of Common Shares of the Issuer reported on Table I (the "Purchased Shares"), pursuant to the Issuer's Matching Share Program. One-third of the MRSUs will vest on each of the first, second, and third anniversaries following the date of grant ("MRSU Grant Date"), subject to the Reporting Person's continued service (except in limited circumstances). /s/ Kirsten O'Donnell, attorney-in-fact for Joseph C. Papa 2019-09-13