Company: STAA
Filing Date: 2025-09-16
Form Type: DEFM14A
Source: 0001193125-25-204396
Chunk: 144

Company: STAAR SURGICAL CO
Filing Date: 2025-09-16
Form: DEFM14A
Chunk 144
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 Recommendation Change if:

| • |     | the Board determines in good faith, after consultation with outside counsel and its financial advisor, that the 
 failure of the Board to take such action would be inconsistent with its fiduciary duties under applicable law;  |

| • |     | (i) at least four (4) business days before making such a Recommendation Change, STAAR provides to Alcon a                                                                                   
 written notice specifying the facts and circumstances for such potential Recommendation Change, and (ii) during such four (4)-business day period, if requested by Alcon, has negotiated in |

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| good faith with respect to any revisions to the terms of the Merger Agreement or another proposal to the extent proposed by Alcon; and |

| • |     | the Board determines in good faith after consultation with its outside legal counsel and financial advisors that                
 the failure to make the Recommendation Change would continue to be inconsistent with its fiduciary duties under applicable law. |

An “Intervening Event” is defined as any event, occurrence, circumstance, change, or effect that materially affects the business, assets, operations, financial condition or results of operations of STAAR and its subsidiaries, taken as a whole (other than any event, occurrence, circumstance, change, or effect primarily resulting from or arising out of a breach of the Merger Agreement by STAAR) occurring or arising after the date of the Merger Agreement that was neither known to the Board nor reasonably foreseeable as of the date of the Merger Agreement, which event, occurrence, circumstance, change, or effect becomes known to the Board prior to the Effective Time, other than (i) changes in price of the shares of STAAR common stock, in and of itself, (ii) the announcement or pendency of the Merger Agreement or the transactions contemplated by the Merger Agreement, (iii) any Acquisition Proposal, or (iv) the fact that, in and of itself STAAR exceeds any internal or published projections, estimates or expectations of STAAR’s revenue, earnings, or other financial performance or results of operations for any period ( provided, however, that the underlying reasons for such events in clauses (i) and (iv) may constitute an Intervening Event). Indemnification and Insurance Under the Merger Agreement, for a period of six (6) years from and after the Effective Time, all rights to indemnification, advancement of expenses, or exculpation from liabilities for acts or omissions occurring at or prior to the