Company: STAA
Filing Date: 2025-08-29
Form Type: PREM14A
Source: 0001193125-25-192889
Chunk: 40

Company: STAAR SURGICAL CO
Filing Date: 2025-08-29
Form: PREM14A
Chunk 40
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 restricts STAAR, without Alcon’s consent, from taking certain specified

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actions until the Merger is completed, subject to certain exceptions. These restrictions may affect STAAR’s ability to execute its business strategies and attain STAAR’s financial and
other goals and may impact its financial condition, results of operations and cash flows.

These restrictions could be in place for an
extended period of time if the consummation of the Merger is delayed, which may delay or prevent STAAR from undertaking business opportunities that, absent the Merger Agreement, STAAR might have pursued, or from effectively responding to competitive
pressures or industry developments.

Whether or not the Merger is completed, the pending Merger may disrupt STAAR’s current plans
and operations, which could have an adverse effect on STAAR’s business and financial results. For these and other reasons, the pendency of the Merger could adversely affect STAAR’s business and financial results. For more information,
see “The Merger Agreement—Conduct of Business Pending the Merger.”

The Merger Agreement contains provisions that could discourage a potential competing acquiror of STAAR.

The Merger Agreement contains
non-solicitation provisions that, subject to certain exceptions, restrict STAAR’s ability to solicit, initiate, knowingly encourage or facilitate competing third-party proposals for the acquisition of
STAAR’s stock or assets. Under certain circumstances, the Board may (i) withdraw, qualify or modify its recommendation that STAAR’s stockholders adopt the Merger Agreement or (ii) terminate the Merger Agreement to enter into a
definitive agreement with respect to an Acquisition Proposal. However, before doing so, the Board must comply with certain procedures described in the Merger Agreement, including provisions that give Alcon an opportunity to negotiate to modify the
terms of the Merger Agreement in a manner such that any Acquisition Proposal would not constitute a Superior Offer. In some circumstances, upon termination of the Merger Agreement, STAAR will be required to pay a termination fee to Alcon of
$43,425,000, although this fee will be reduced to $14,475,000 upon termination of the Merger Agreement under certain circumstances in the case of an acquiror 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. The window shop period ends at 11:59 p.m., Eastern Time, on September 19,