Company: STAA
Filing Date: 2025-10-02
Form Type: DFAN14A
Source: 0001213900-25-095514
Chunk: 23

Company: STAAR SURGICAL CO
Filing Date: 2025-10-02
Form: DFAN14A
Chunk 23
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 plus stock - based compensation. Management expects revenue growth and profitability not just to recover, but to exceed historical levels 5 B

Broadwood Partners, L.P. … And Has Previously Expressed Confidence in the Company’s Future 32 Global myopia rates are expected to increase by almost 20 points to 50% of the world's population by 2050… Our team, our best - in - class technology and our disciplined commercial strategies all position us to capitalize on this total addressable market opportunity and drive continued growth , including in China as that market rebounds. Our strong balance sheet was built over years to provide resiliency to weather times of global uncertainty like these. which we believe are transitory .” Thomas Frinzi , Former CEO Q4 2024 Earnings Call February 11, 2025 [W] e're well - positioned for a strong rebound … [Our] short - term tactical challenges have really been mostly addressed … [B]y the end of this month, the China inventory will be a non - issue . The headwinds appear to be slowing. We've got a really strong financial model. And when we start getting some tailwinds, this business is going to really take off .” Stephen Farrell , CEO William Blair Growth Stock Conference June 4, 2025 I'm optimistic for the future and excited about being part of the STAAR team… [O] ur short - term tactical challenges will mostly be addressed by the end of Q2 . We are monitoring inventory in China more closely. Cost controls are in place and the new management team is committed and motivated… As we return to higher levels of sales and growth in Q3 , you can expect to see the savings from our cost initiatives fall to the bottom line. Stephen Farrell , CEO Q1 2025 Earnings Call May 7, 2025 5 Management shares our enthusiasm for the Company’s prospects B

Broadwood Partners, L.P. STAAR’s Newfound Strategic Pessimism Is an Abrupt About - Face 33 Management’s own remarks suggest STAAR’s challenges are abating and there is no imperative for the Company to be sold What STAAR Has Said Recently Elsewhere What STAAR Is Saying in Its Proxy Materials 1 Topic “Better days are ahead as the macroeconomic headwinds appear to be diminishing in China , and we expect a good second half of the year.” 2 “Our business is heavily exposed to China, which faces significant economic uncertainty and where sales trends have been declining