Reconciliation of GAAP Measures to Non-GAAP Measures

OLED AND MICRO-LED DISPLAY MANUFACTURING TECHNOLOGY LEADER ■ Market trends: • ⚫ OLED display manufacturing technology in the process of moving from Gen 6 to Gen 8 for improved economies of scale Deployments in Korea and China • Revenue for Micro-LED display manufacturing will become material around FY25 Micro-LEDs address incremental markets: higher brightness TVs and wall-size displays. ■ Market Size for equipment and services: • $350-$400M in FY23 • FY23-27: 7% CAGR (internal estimates) Leading market position for line beam systems 43 COHERENT Copyright 2022, Coherent. All rights reserved. 40 222

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