FY24 Q2 Financial Outlook

SIGNIFICANT COST REDUCTIONS FROM RESTRUCTURING ANNOUNCED ON MAY 10, 2023 Current Outlook Previous Outlook Cumulative savings for the period of FY23 to FY25 $200 - 300M $200 - 300M Annual savings by FY25 $110-140M $100 - 125M Cost to achieve savings $175 - 200M $150 - 200M COHERENT Copyright 2023, Coherent. All rights reserved. 48

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