1. Introduction
This Modern Slavery Statement (the “Statement ”) has been prepared by Bausch & Lomb U.K. Limited (the “Company”) for the financial year ended 31 December 2024 (“Statement Period”) , which is required under the U.K. Modern Slavery Act 2015.
The Company is a subsidiary of Bausch + Lomb Corporation, a corporation incorporated under the Canada Business Corporation Act and headquartered in Vaughan, Ontario which is listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the “BLCO” . Bausch + Lomb Corporation has prepared a Modern Slavery Report in accordance with Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act of the same period as the Statement Period, available here: Bausch + Lomb Corporation Modern Slavery Report (“BCLO Report”). The BCLO Report outlines the policies, procedures, and due diligence processes in place across the entire Bausch + Lomb group to prevent and address modern slavery and human trafficking in our operations and supply chains.
As part of the Bausch + Lomb group, the Company adheres to the policies and processes detailed in the BCLO Report, including our Global Human Rights Policy and comes under the global compliance and governance programmes of Bausch + Lomb Corporation.
2. Supply Chain of the Company
The Company’s most important direct suppliers are our related Bausch + Lomb group entities that supply us with medicines, medical devices, vitamin and mineral supplements, and other consumer products that we distribute. These suppliers operate according to Bausch + Lomb group’s policies and procedures including those outlined in the BLCO Report. The Company’s non-related direct suppliers reflect those of Bausch + Lomb group (as described in the BLCO Report).
3. Modern Slavery Risks
We believe that modern slavery risks in the Company’s own operations are low for the reasons highlighted in the Company Structure and Governance section of the BLCO Report. The assessment and management of modern slavery risks of the Company reflect those of Bausch + Lomb group as set out in the BLCO Report. The policies and due diligence process described in the BLCO Report taken by Bausch + Lomb group, which are designed to assess, mitigate, and manage the risk of forced labour and child labour, are applicable to Company.
4. Approval and Attestation
This Statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our slavery and human trafficking statement for the Statement Period. In accordance with the UK Modern Slavery Act and guidance thereunder, and solely for purposes of compliance with the UK Modern Slavery Act, this Statement was approved on 26 June 2025 by the board of directors of the Company.
Name: Jennifer White
Title: Director, Bausch & Lomb U.K. Limited
Effective Date: 26 June 2025
Forward-looking Statements
This Statement may contain forward-looking statements, which may generally be identified by the use of the words “anticipates,” “hopes,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “believes,” “estimates,” “potential,” “target,” or “continue” and variations or similar expressions, including statements regarding steps which will be taken with respect to modern slavery and the expected results thereof. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties discussed in Bausch + Lomb’s filings with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. Bausch + Lomb undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.
United Kingdom (UK)
