Market Verticals and Megatrends

SIGNIFICANT VALUE CREATION POTENTIAL FROM COHERENT COST SYNERGIES Q1FY23 RUN RATE SYNERGIES ACHIEVED EXPECTED SYNERGIES WITHIN 3 YEARS ☐ ■ Supply chain management - procurement Cost of Goods Sold ■ Infeed Internal supply of enabling materials and components Operational efficiencies at scale $1.8M $150M Operating Expenses ☐ ■ Consolidation of corporate costs ☐ ■ Global functional model efficiencies ■ More efficient R&D with scale Development cost savings $10.5M $100M COHERENT TOTAL $12.3M $250M Copyright 2022, Coherent. All rights reserved. 24

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