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LAVAL, Quebec—Bausch Health Companies Inc. (NYSE/TSX: BHC) announced Friday that, due to the emerging public health impact of the COVID-19 pandemic and to protect the health and safety of its partners and shareholders, the location of the company's 2020 annual meeting of shareholders has been changed and will be held in a virtual meeting format only. As previously announced, the annual meeting will be held at 9:00 a.m. (EDT) Tuesday, April 28. Shareholders are strongly encouraged to vote in advance of the annual meeting by any of the means described on the proxy card or voting instruction form previously distributed, including by voting online at www.proxyvote.com

Shareholders can participate in the live audio webcast of the annual meeting online at www.virtualshareholdermeeting.com/BHC2020

In order to pose questions and vote at the virtual Annual Meeting, shareholders must enter the 16-digit control number found on their proxy card, voting instruction form or Notice of Internet Availability of Proxy Materials previously received. Previously distributed proxy materials will not be updated or resent, and they may continue to be used to vote individual shares in connection with the annual meeting.

In order to facilitate participation by non-record shareholders at the virtual Annual Meeting on the same basis as record shareholders, Bausch Health has waived the deadline for the deposit of proxies of 11:59 p.m. (EDT) Friday, April 24, 2020 (or, in the case of any adjournment of the Annual Meeting, not less than 48 hours, excluding Saturdays, Sundays and applicable holidays, prior to the time of the rescheduled Annual Meeting), and will accept votes by proxy up to the time of voting.