Company: STAA
Filing Date: 2025-10-02
Form Type: DFAN14A
Source: 0001213900-25-095514
Chunk: 41

Company: STAAR SURGICAL CO
Filing Date: 2025-10-02
Form: DFAN14A
Chunk 41
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 reflects a temporary period of weakness for the business and a depressed stock price Source: FactSet. Data as of August 4, 2025, the last trading day before the Proposed Merger was announced. $22.96 $30.42 $39.64 $46.65 $55.53 $28.00 $0.00 $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00 $160.00 Aug 2020 Feb 2021 Aug 2021 Feb 2022 Aug 2022 Feb 2023 Aug 2023 Feb 2024 Aug 2024 Feb 2025 Aug 2025 STAAR Stock Price 1 - Year VWAP: $22.96 2 - Year VWAP: $30.42 3 - Year VWAP $39.64 4 - Year VWAP: $46.45 5 - Year VWAP: $55.53 Proposed Merger Price: $28.00 [W]e just have looked at our stock price and don't understand the current valuation , and we think there’s a very good opportunity to acquire and invest in our own stock.” Stephen Farrell , CEO Stifel Virtual Ophthalmology Forum, May 27, 2025

Broadwood Partners, L.P. …And Below Historical Analyst Price Targets 57 4 As recently as a few months ago, analysts valued STAAR more than 50% higher than the Proposed Merger price Source: FactSet. Data as of August 4, 2025, the last trading day before the Proposed Merger was announced. $32.37 $40.75 $55.63 $72.92 $77.96 $28.00 $0.00 $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00 $160.00 Aug 2020 Aug 2021 Aug 2022 Aug 2023 Aug 2024 Aug 2025 Mean Analyst Price Targets (Without Control Premium) for STAAR 1 - Year Avg.: $32.37 2 - Year Avg.: $40.75 3 - Year Avg.: $55.63 4 - Year Avg.: $72.92 5 - Year Avg.: $77.96 Proposed Merger Price: $28.00

Broadwood Partners, L.P. Median Premia Based on One - Year