FY24 FULL YEAR OUTLOOK

FY24 Q2 HIGHLIGHTS REVENUE Non-GAAP EPS OPERATING CASH FLOW DEBT REDUCTION $1.131 billion, above the midpoint of our $1.075 - $1.175 billion guidance. $0.36, above the high end of our $0.14 - $0.32 guidance and up from $0.16 in the preceding quarter driven primarily by the strong gross margin upside, favorable operating leverage, and interest and dividend income. $67 million, compared to $220 million in the year-ago quarter and $199 million in the preceding quarter. We paid down $89 million of our outstanding debt. VISIBILITY Macroeconomic uncertainty continues to impact our near-term growth and visibility; however, we saw signs of improving demand trends during the quarter and expect ongoing sequential improvement in revenue growth throughout the remainder of fiscal 2024. As required by Regulation G, we have provided reconciliations of those measures to the most directly comparable GAAP measures in the section captioned "GAAP to NON-GAAP RECONCILIATION." COHERENT Copyright 2024, Coherent. All rights reserved. 20 20

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