Company: STAA
Filing Date: 2025-11-04
Form Type: DFAN14A
Source: 0001104659-25-105834
Chunk: 9

Company: STAAR SURGICAL CO
Filing Date: 2025-11-04
Form: DFAN14A
Chunk 9
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m 2026 estimate reflects true demand (i.e., not a temporary dislocation from inventory issues)

8 Headwinds in China are structural and not transitory (1 of 3) Independent forecasts from expert sources indicate refractive procedures in China are in a slowdown with modest future growth prospects IQVIA Refractive Procedures in China 1 Procedures, 000s 1. IQVIA 2. Market Scope 2025 Global Refractive Report 3. STAAR Management Presentation: Alcon Merger Maximizes Value for Stockholders of STAAR Surgical – September 2025 822 1,180 238 215 LTM Q2 - 24 768 1,050 158 202 LTM Q2 - 25 LASIK SMILE PRK ICL 2,455 2,179 - 11% - 6% - 33% - 6% - 11% ▪ Total refractive procedures in China down LTM Q2 - 2025 vs. LTM Q2 - 2024, across all procedure types (IQVIA data 1 ) ▪ STAAR believes “China procedure volumes were positive year - over - year in 1Q25, softened during 2Q25, and have not improved so far in 3Q25” 3 ▪ Market Scope China forecast through 2030 ~6% CAGR 2 Market Scope China Refractive Forecast 2 CAGR ’25 - ’30, % 2% pa 6% pa 2% pa

9 Headwinds in China are structural and not transitory (2 of 3) Consumer confidence hasn’t meaningfully improved since bottoming out in 2022 65 130 2020 2022 2024 2026 100 China Composite Consumer Confidence Index 1 1. Federal Reserve Economic Data, Federal Reserve Bank of St. Louis ; Mid - year update: Five surprises from China’s consumer market Despite the return of growth in several sectors, China’s Consumer Confidence Index (CCI) remains near historic lows and has only gradually been recovering. Concerns about employment, economic stability, and especially the ongoing property downturn are still top of mind. McKinsey & Co, Aug 2025 “ “

10 Headwinds in China are structural and not transitory (3 of 3) 1 Competition in China is quickly increasing in what was a historically 1 - player market China - focused Ex - China IPCL