ACQUISITION OF COHERENT

FOCUSING ON GROWTH APPLICATIONS AS LASERS PENETRATE RAPIDLY GROWING ADDRESSABLE MARKETS LIFE SCIENCES & RESEARCH TAM: $5B, CAGR: 8% Personalized medicine Diagnostic and drug discovery Disease detection and treatment PRECISION MANUFACTURING TAM: $9B, CAGR: 8% • EV battery welding • Medical device manufacturing • Consumer goods manufacturing Sources: Optech Consulting - Laser Market Data, Internal Estimates • SEMICONDUCTOR CAPITAL EQUIPMENT TAM: $4B, CAGR: 7% Enabling mobile communications, cloud, automotive, and loT Acceleration in wafer fab investments for inspection. • Next generation wafer fab tools • Pulsed laser deposition Sources: Strategies Unlimited 2021, SEMI, DSCC, TehInsight, Internal Estimates Note: TAM based on CY2023; CAGR based on 2023-28 timeframe. COHERENT Copyright 2023, Coherent. All rights reserved. • • • Sources: Strategies Unlimited, Markets & Markets, Verified Market Research, Market researcg Future, Mordor Intelligence, SDI (Strategic Directions), Internal Estimates 27 22

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