Reconciliation of GAAP Measures to Non-GAAP Measures

HALF A BILLION DOLLARS IN ANNUAL R&D INVESTMENT ◉ Combined R&D and capex spend expected to be highest in industry and to accelerate breakthroughs, time-to-market and time-to-scale advantages Increased scale improves competitiveness and drives more strategic dialogue with customers Will enable better alignment of organic and inorganic investments to market demand "We are mainly constrained by the quality of our materials and the limits of our imaginations." Dr. Carl J. Johnson Co-founder and first CEO of II-VI COHERENT LASERVASION Copyright 2022, Coherent. All rights reserved. 11

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