Bausch Well being Corporations Inc. (BHC) This fall 2025 Earnings Name Transcript


Bausch Well being Corporations Inc. (BHC) This fall 2025 Earnings Name February 18, 2026 5:00 PM EST

Firm Members

Garen Sarafian – VP & Head of Investor Relations
Thomas Appio – CEO & Director
Jean-Jacques Charhon – Government VP & CFO
Jonathan Sadeh – Government VP, Chief Medical Officer and Head of R&D

Convention Name Members

Leszek Sulewski – Truist Securities, Inc., Analysis Division
Michael Freeman – Raymond James Ltd., Analysis Division
Glen Santangelo – Barclays Financial institution PLC, Analysis Division
Chi Meng Fong – BofA Securities, Analysis Division
Michael Nedelcovych – TD Cowen, Analysis Division

Presentation

Operator

Greetings, and welcome to the Bausch Well being Fourth Quarter and Full 12 months 2025 Earnings Convention Name and Webcast. (Operator Directions) As a reminder, this convention is being recorded.

It is now my pleasure to show the decision over to your host, Garen Sarafian, Vice President, Investor Relations. Garen, please go forward.

We’re in Sarafia
VP & Head of Investor Relations

Good afternoon, and welcome to Bausch Well being’s Fourth Quarter and Full 12 months 2025 Earnings Convention Name. My title is Garen Sarafian, Vice President of Investor Relations. Collaborating in as we speak’s name are Thomas Appio, Chief Government Officer; JJ Charhon, Chief Monetary Officer; and Jonathan Sadeh, Chief Medical Officer and Head of Analysis and Growth.

Earlier than we start, I wish to remind you that as we speak’s presentation comprises forward-looking info. Please take a second to assessment the forward-looking statements disclaimer initially of the slides accompanying this presentation because it comprises vital info. Precise outcomes might differ materially from these expressed or implied in these forward-looking statements, and you shouldn’t place undue reliance on them. Please additionally confer with our SEC filings and our filings with the Canadian Securities Directors for a dialogue of sure threat elements that would trigger precise outcomes to vary materially from expectations. We use non-GAAP monetary measures to assist buyers higher perceive our



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