Company: STAA
Filing Date: 2025-11-17
Form Type: DEFA14A
Source: 0001193125-25-284603
Chunk: 12

Company: STAAR SURGICAL CO
Filing Date: 2025-11-17
Form: DEFA14A
Chunk 12
---
 Amendment, together with the Merger Agreement. The Merger Agreement is attached as an exhibit to the proxy statement, and the Amendment is attached as Annex A to this Supplement.

The following section is added at the end of the section titled “The Merger Agreement” beginning on page 77 of the proxy statement.

Amendment

On November 7, 2025, STAAR, Alcon and Merger Sub entered into the Amendment. The Amendment provides that from November 7, 2025 until 11:59 p.m., Eastern Time, on December 6, 2025 (the “go-shop period”), STAAR may solicit, facilitate and encourage (including by furnishing non-public information) any Acquisition Proposals from third parties and engage in discussions or negotiations regarding any such proposals. The Amendment further provides that at the end of the go-shop period, the non-solicitation restrictions in the Merger Agreement will become applicable, but STAAR may continue to negotiate and engage with any third party who has submitted a written proposal during the go-shopperiod that the Board determines in good faith, after consultation with financial advisors and outside legal counsel, constitutes or could reasonably be expected to lead to or result in a Superior Offer (as defined in the Merger Agreement). At the end of the go-shop period, STAAR must notify Alcon of any Acquisition Proposals received during the go-shop period that remain pending following the expiration of the go-shop period, but the Company is not required during the go-shop period to notify Alcon of any proposals it receives.

10

In addition, the Amendment provides that, prior to terminating the Merger Agreement to accept a Superior Offer, STAAR must, among other things, give Alcon prior written notice of its intent to terminate at least four (4) business days prior to such termination. However, STAAR will not be required to negotiate with Alcon, and Alcon will not have a right to “match” such Superior Offer. The Amendment further provides that the termination fee payable by STAAR to Alcon shall be reduced to $0 if it becomes payable (i) as a result of a termination by STAAR in order to accept a Superior Proposal from a Qualified Bidder (as defined below), (ii) as a result of a termination by Alcon in response to a Recommendation Change with respect to a Superior Offer from a Qualified Bidder or (iii) as a result of a termination in specified circumstances where STAAR subsequently (within twelve (12) months of such termination