ACQUISITION OF COHERENT

SIGNIFICANT VALUE CREATION POTENTIAL FROM COHERENT COST SYNERGIES Cost of Goods Sold ☐ ■ Supply chain management - procurement ■ Infeed Internal supply of enabling materials and components Operational efficiencies at scale ■ More efficient R&D with scale Development cost savings. ☐ Operating Expenses ☐ COHERENT ■ Consolidation of corporate costs ■ Global functional model efficiencies YEAR 1 SYNERGIES ACHIEVED EXPECTED SYNERGIES WITHIN 3 YEARS $40M $150M $33M $100M TOTAL $73M $250M Copyright 2023, Coherent. All rights reserved. 28

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