Bausch+Lomb's Icahn directors resign after agreement terminates

Bausch & Lomb Corp

Brett Icahn and Gary Hu resigned from BLCO board effective August 14, 2025.
Resignations triggered by Icahn group's net long position in Bausch Health falling below threshold in the 2022 Director Appointment Agreement.
The Amended and Restated Director Appointment and Nomination Agreement terminated automatically on that date.
Resignations not due to any disagreement with Bausch+Lomb, per filing.
Chairman and CEO Brent Saunders thanked the departing directors for their service.

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