Investor Presentaiton

IIVI Transaction Details Projected Synergies & Financial Impact Financing Governance " ◉ ◉ Approvals & Expected Closing " ■ Transaction Overview Coherent stockholders to receive $220.00 per share in cash and 0.91 of a II-VI common share for each Coherent share At closing, Coherent stockholders to own approximately 18% of the common shares of combined company $250 million of run-rate cost synergies expected to be realized within 36 months of close Anticipated to be accretive to non-GAAP EPS in the second year following closing Fully committed debt financing from JP Morgan of approximately $5.4 billion Equity financing commitment from Bain Capital of $1.5 billion, plus Bain Capital willing to increase commitment by at least $300 million of an additional $650 million optional amount, for total commitment of at least $1.8 billion Balance sheet cash Two Coherent directors expected to join Board of combined company Senior Bain Capital executive also expected to join Board Approval by Coherent and II-VI stockholders Regulatory approvals and customary closing conditions Closing of transaction anticipated by year-end 2021 II-VI Incorporated - Export Control Classification EAR99 Page 4

View entire presentation