Company: STAA
Filing Date: 2025-08-29
Form Type: PREM14A
Source: 0001193125-25-192889
Chunk: 157

Company: STAAR SURGICAL CO
Filing Date: 2025-08-29
Form: PREM14A
Chunk 157
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 |     | in the case of the third bullet, prior to or concurrently with the consummation of such Acquisition Proposal. |

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The “STAAR Termination Fee” is $43,425,000, but is reduced to $14,475,000 in the
event that the termination fee becomes payable as a result of the termination of the Merger Agreement pursuant to (i) the Superior Offer Termination Right or (ii) a termination by Alcon, if the Board has failed to include the Board
Recommendation in this proxy statement when mailed, or has effected a Recommendation Change, in respect of an Acquisition Proposal received by STAAR during the 45-day window shop period that the Board
determines in good faith, after consultation with STAAR’s outside legal and financial advisors, constitutes or could reasonably be expected to lead to a Superior Offer (provided that such Acquisition Proposal does not expire in
accordance with its terms or is not withdrawn). STAAR will not be required to pay the STAAR Termination Fee in accordance with the foregoing on more than one occasion. If paid, Alcon’s receipt of the STAAR Termination Fee is generally the sole
and exclusive remedy of Alcon with respect to the Merger Agreement.

In the event that the Merger Agreement is terminated by STAAR or
Alcon (i) pursuant to the End Date Termination Right or (ii) pursuant to the Restraint Termination Right, and in each case all other conditions to closing have been satisfied (or is capable of being satisfied at the Closing), other the
Absence of Legal Restraints Condition (if such specified governmental body’s restraint relates to such antitrust and foreign investment laws) or the Regulatory Approvals Condition, and in each case a material breach by STAAR of its efforts
obligations under the Merger Agreement is not the principal cause of either the Merger not being consummated by the End Date or the issuance of the applicable final and non-appealable order, decree, ruling or
other action, as applicable, then Alcon will pay, or cause to be paid, to STAAR a termination fee of $72,375,000 (the “Alcon Termination Fee”). If paid, STAAR’s receipt of the Alcon Termination Fee is generally the sole and
exclusive remedy of STAAR with respect to the Merger Agreement. The Alcon Termination Fee is exclusive of the Swiss Federal Value Added Tax. The payment of, and