Company: STAA
Filing Date: 2025-08-29
Form Type: PREM14A
Source: 0001193125-25-192889
Chunk: 80

Company: STAAR SURGICAL CO
Filing Date: 2025-08-29
Form: PREM14A
Chunk 80
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 most likely to offer the best combination of value and certainty to STAAR stockholders. In reaching that determination, the Board considered, among other things: |

| • |     | the Board’s view, following discussions with STAAR’s management and financial advisor, that there was                                                                                                                                       
 not a likelihood that other potential acquirors would be willing and able to engage in a transaction with STAAR with a value and contractual terms and conditions more favorable to STAAR’s stockholders than those contained in the Merger 
 Agreement; and                                                                                                                                                                                                                              |

| • |     | the fact that there was no outreach from credible third parties interested in potentially acquiring STAAR in the                                                                                                                                      
 months following widespread news reports regarding a possible sale of STAAR to Alcon in July 2024, nor any outreach following the significant decline in the trading price of STAAR common stock earlier this year, except inquiries from Party A and 
 Party B shortly before the Merger Agreement was executed that did not provide any indication of proposed valuation, timing, diligence requirements, financing capability, transaction structure or other terms of a possible transaction;             |

| • |     | Terms of the Merger Agreement. The Board considered the terms and conditions of the Merger Agreement,                                                                                                
 which were reviewed by the Board, with the assistance of STAAR’s outside legal and financial advisors, and the fact that such terms were the result of robust, arm’s-length negotiations between the 
 parties. Specifically, among other things, the Board considered:                                                                                                                                     |

| • |     | the ability of STAAR to, subject to specified limitations, respond to and engage in discussions regarding                                                                                                                                            
 unsolicited third-party acquisition proposals under certain circumstances and, ultimately, to terminate the Merger Agreement in order to enter into a definitive agreement providing for a Superior Offer, subject to compliance with the procedural 
 terms and conditions set forth in the Merger Agreement and the payment of the Company Termination Fee of $43,425,000 (representing approximately 3.0% of STAAR’s implied equity value), which is reduced to $14,475,000 (representing approximately  
 1.0% of STAAR’s implied equity value) in the case of an acquirer who makes an Acquisition Proposal which, before the expiration of the 45-day window shop period, the Board determines constitutes or could                                          
 reasonably be expected to lead to a Superior Offer, as further discussed in the sections of this proxy statement titled “The Merger Agreement—Termination of the Merger Agreement”