Reconciliation of GAAP Measures to Non-GAAP Measures slide image

Reconciliation of GAAP Measures to Non-GAAP Measures

FOCUSING ON THE GROWTH APPLICATIONS • PRECISION MANUFACTURING TAM: $10B CAGR: 9% EV battery welding • Medical device manufacturing Consumer goods manufacturing Sources: Optech Consulting - Laser Market Data, Internal Estimates • 0 SEMICONDUCTOR CAPITAL EQUIPMENT TAM: $6B CAGR: 6% Enabling communications, big data, automotive, and loT • Large investments in wafer fabs Sources: Strategies Unlimited 2021, SEMI, Internal Estimates • • LIFE SCIENCES & RESEARCH TAM: $5B CAGR: 7% Personalized medicine Diagnostic and drug discovery • Disease detection and treatment Sources: Strategies Unlimited, Markets & Markets, SDI (Strategic Directions), Internal Estimates Note: TAM based on CY2022; CAGR based on 2022-27 timeframe. COHERENT Copyright 2022, Coherent. All rights reserved. 23
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