Company: STAA
Filing Date: 2025-09-26
Form Type: DEFA14A
Source: 0001193125-25-219844
Chunk: 12

Company: STAAR SURGICAL CO
Filing Date: 2025-09-26
Form: DEFA14A
Chunk 12
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. Alcon’s election to cash-out employee equity awards applies equally to all employees O O O O EXECUTIVE SUMMARY | PREMIUM VALUE | STANDALONE RISKS | THOUGHTFUL EVALUATION | BROADWOOD CLAIMS

STAAR expects that its valuation would face considerable downward pressure in the event of a vote against the deal STAAR’s future direction controlled by a single minority stockholder at the expense of the majority Risk of creeping control by Broadwood a likely drag on valuation Ongoing risks related to standalone prospects Threatened dismissal of existing Board and management, with new team hand-picked by Broadwood ― given Broadwood’s significant input on STAAR over 30+ years, it is unclear how STAAR’s other stockholders would benefit from even greater control by Broadwood Lengthy and significant disruption to patients, surgeons, employees, distributors, partners and stockholders Vote Against Vote For Certain and immediate cash value Significant premium by any measure Attractive valuation multiple De-risks standalone plan and addresses headwinds Accelerates ICL adoption by more surgeons for the benefit of more patients worldwide Unanimously recommended and approved by STAAR’s independent and experienced Board O P $28.00 per share all-cash offer $18.49 per share prior to announcement If the Alcon merger agreement is terminated, it could be a deterrent to any future buyers. Not only is there a risk of damage to potential future sale processes, but there is no guarantee that Alcon would participate in any future process. EXECUTIVE SUMMARY | PREMIUM VALUE | STANDALONE RISKS | THOUGHTFUL EVALUATION | BROADWOOD CLAIMS Alcon is paying STAAR stockholders a 59% premium to the 90-day VWAP. Broadwood’s proposal to vote down the merger could allow Broadwood to take control without paying any premium to other stockholders.

The Alcon Merger Provides Compelling, Certain, and Immediate Cash Value at a Significant Premium, Particularly Given STAAR’s Lower Go-Forward Growth Profile EXECUTIVE SUMMARY | PREMIUM VALUE | STANDALONE RISKS | THOUGHTFUL EVALUATION | BROADWOOD CLAIMS

All-cash Alcon merger consideration of $28.00 per share is a compelling premium across multiple measures Deal Price vs 90-Day VWAP 59% Premium to 90-Day VWAP(1) Deal Price vs Sell-side Price Target 47% Premium to Median Price Target(2) Premium vs. Comparable Transactions Based