Reconciliation of GAAP Measures to Non-GAAP Measures

ELECTRONICS MARKET VERTICALS AND MEGATRENDS Consumer electronics ■ Advanced sensing ■ AR/VR ■ Wearables as health monitors Automotive ◉ Increasing SiC electronics content in EVs ■ Automotive sensing: in-cabin and LiDAR Wireless . 5G growth and 6G PRODUCTS ■ GaAs and InP optoelectronics ☐ ■ VCSELS and edge emitting lasers ■ Laser illumination modules ☐ ☐ Wafer level optics and subassemblies Waveguide materials, diffractive optics ■ Silicon carbide substrates and epiwafers ■ GaN/SiC HEMT and SiC MOSFET devices VALUE PROPOSITION ■ Broadest portfolio of optoelectronics, optics, and electronics High-volume consumer electronics experience ■6-inch gallium arsenide platform ■ 200 mm silicon carbide platform ■World-class indium phosphide platform. ■ Decades of investment in high quality silicon carbide substrates Investing $1 billion over the next 10 years in silicon carbide ■ Cross-functional engineering and integration expertise COHERENT Copyright 2022, Coherent. All rights reserved. 15

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