Power Electronics for Green Energy

II-VI and Finisar Both Positioned for Near Term Margin Expansion, with Added Benefits from Combination Key Drivers of Margin Improvement ☐ II-VI Ramp in Silicon Carbide and 3D-Sensing ■ Increasing vertical integration FINISAR® Significant traction for 100G CWDM4 Gen3 platform ■ Large upside potential for 200G and 400G CDWM4 from Hyperscale customers ■ Developing a complete portfolio of 400G solutions ■ Design wins for next-generation coherent products Combination ■ Estimated $150 million run- rate cost synergies ■ Improved time to market, time to profitability and time to scale II-VI Page 17

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