X0206 3 2021-06-01 0 0000885590 Bausch Health Companies Inc. BHC 0001864367 Munsch Frederick 400 SOMERSET CORPORATE BLVD. BRIDGEWATER NJ 08807 1 SVP, Controller and CAO Common Shares, No Par Value 21172 D Non-Qualified Stock Options (right to purchase) 14.38 2027-03-01 Common Shares, No Par Value 8046 D Non-Qualified Stock Options (right to purchase) 15.32 2028-03-07 Common Shares, No Par Value 12172 D Non-Qualified Stock Options (right to purchase) 23.16 2029-02-27 Common Shares, No Par Value 8506 D Non-Qualified Stock Options (right to purchase) 24.77 2030-02-26 Common Shares, No Par Value 11265 D Non-Qualified Stock Options (right to purchase) 32.56 2031-03-03 Common Shares, No Par Value 6683 D Includes 14,616 Restricted Share Units ("RSUs") which will vest, subject to the reporting person's continued service, as follows: (i) 891 RSUs on February 26, 2022; (ii) 974 RSUs on February 27, 2022; (iii) 892 RSUs on February 26, 2023; (iv) 5,322 RSUs granted on March 3, 2021 that will vest in equal installments on each of the first three anniversaries of the date of grant; and (v) 6,537 RSUs granted on May 3, 2021 that will vest in equal in equal installments on each of the first three anniversaries of the date of grant. Vested RSUs are settled in Common Shares, no par value, of the Issuer. Vests in equal installments on each of the first three anniversaries of the date of grant. /s/ Kirsten O'Donnell, attorney-in-fact for Frederick Munsch 2021-06-03