Company: STAA
Filing Date: 2025-10-02
Form Type: DFAN14A
Source: 0001213900-25-095514
Chunk: 25

Company: STAAR SURGICAL CO
Filing Date: 2025-10-02
Form: DFAN14A
Chunk 25
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 are . And so, that's an absolutely critical market for us. And it's a growing market … and it will continue to be a very important market for us.” 2 “STAAR has overweight exposure to China” Geographic Concentration “ [W]e welcome the competition on the surgical side because we think increasing awareness that there are options besides glasses, contacts is a good thing. So we think that pie can grow, and we think bringing awareness to that is a helpful thing in the long run.” 3 “While STAAR has successfully navigated the competitive landscape in the past, competition is increasing and the market is rapidly evolving” Competition “ [M] acroeconomic headwinds appear to be diminishing in China , and we expect a good second half of the year.” 3 “[M] acroeconomic uncertainty remains high” Macro Environment “When you hear how the economy is moving up and down, you hear noise about China being soft, we're seeing reasonable demand there. A lot happens in the third month of any quarter. And so, it's difficult to predict how this quarter's going to come out. But I am very confident in the long run of the business. I'm very confident in Q3 , a very good rebound off of where we've been in Q3 and Q4.” 2 “While some issues in China have been addressed, 2Q25 and 3Q25 trends reinforce STAAR’s Net Sales challenges” Demand and Sales Trends $161 $91 $160 2024 2025P 2026P 5 Management expects China sales to recover to 2024 levels next year B

Broadwood Partners, L.P. We Agree with Management that STAAR Has a Bright Future 35 Source: STAAR June 2025 Investor Presentation. B As recently as a few months ago, management expressed the same level of enthusiasm we have for STAAR’s business Management recently confirmed that STAAR’s short - term tactical challenges have been addressed… …touted the Company’s large and growing market opportunity… We are rapidly turning the corner, and our long - term prospects are excellent .” — Stephen Farrell , CEO; May 7, 2025 …and emphasized the strength of its financial model and imminent recovery

CONFIDENTIAL © All rights reserved. Two Seas Capital LP INVESTOR PRESENTATION THE WRONG PROCESS 03

Broadwood Partners, L.P. We Believe the Board’s Sale and Negotiation Process Was Flawed 37 ▪ The Board did not