Company: STAA
Filing Date: 2025-09-16
Form Type: DEFM14A
Source: 0001193125-25-204396
Chunk: 21

Company: STAAR SURGICAL CO
Filing Date: 2025-09-16
Form: DEFM14A
Chunk 21
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 an Acquisition Proposal which, before the expiration of the 45-daywindow shop period (which ends at 11:59 p.m., Eastern Time, on September 19, 2025), the Board determines constitutes or could reasonably be expected to lead to a Superior Offer. Additionally, at any time prior to receipt of the Stockholder Approval, other than in connection with an Acquisition Proposal, the Board may, in response to an Intervening Event (as defined in “ The Merger Agreement—Recommendation of the Board; Recommendation Change”) make a Recommendation Change if:

| • |     | the Board determines in good faith, after consultation with outside counsel and its financial advisor, that the 
 failure of the Board to take such action would be inconsistent with its fiduciary duties under applicable law;  |

| • |     | (i) at least four (4) business days before making such a Recommendation Change, STAAR provides Alcon a                                                                                                                                               
 written notice specifying the facts and circumstances for such potential Recommendation Change, and (ii) during such four (4)-business day period, if requested by Alcon, has negotiated in good faith with respect to any revisions to the terms of 
 the Merger Agreement or another proposal to the extent proposed by Alcon; and                                                                                                                                                                        |

| • |     | the Board determines in good faith after consultation with its outside legal counsel and financial advisors that                
 the failure to make the Recommendation Change would continue to be inconsistent with its fiduciary duties under applicable law. |

For more information, see “ The Merger Agreement—Recommendation of the Board; Recommendation Change.”

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Termination of the Merger Agreement Either STAAR or Alcon may terminate the Merger Agreement under certain circumstances, including (i) if the Merger is not completed by August 4, 2026 (provided that if, as of such date all conditions to Closing have been satisfied or waived (other than those conditions that by their nature are to be satisfied at the Closing), other than the Absence of Legal Restraints Condition or the Regulatory Approvals Condition (each as defined in “ The Merger Agreement—Conditions to the Closing of the Merger”), then such date will automatically be extended to November 4, 2026, (ii) if the STAAR stockholders fail to adopt the Merger Agreement, (iii) if a final and nonappealable order or action by specified governmental bodies having the effect of permanently restraining, enjoining or otherwise prohibiting the consummation