ACQUISITION OF COHERENT

SIGNIFICANT COST REDUCTIONS FROM RESTRUCTURING ANNOUNCED ON MAY 10, 2023 Cumulative savings for the period of FY23 to FY25 $200M to $300M $100-125M Annual savings by FY25 Cost to achieve savings COHERENT Copyright 2023, Coherent. All rights reserved. $150M to $200M 32 2

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