Company: STAA
Filing Date: 2025-09-26
Form Type: DEFA14A
Source: 0001193125-25-219844
Chunk: 32

Company: STAAR SURGICAL CO
Filing Date: 2025-09-26
Form: DEFA14A
Chunk 32
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 consummation of the Proposed Merger (i.e., “single-trigger”). A substantial portion of the value of those awards reflects assumed performance at 160% of target levels with no evidence that the Company’s performance in 2025 would otherwise merit such a generous payout.” The Reality… Under the STAAR equity plan approved by stockholders, a buyer must either assume STAAR equity awards and roll them into the buyer’s shares or accelerate awards and pay them out in cash – Alcon elected to pay out STAAR awards in cash STAAR did not revise its equity awards or equity plan; Alcon’s election to pay out STAAR awards in cash was made in accordance with existing terms Change in control provisions are standard features designed to ensure that executives do not prioritize job loss above stockholders’ best interests The acceleration of vesting and pay out of STAAR awards in cash applies to all employees (not just executives) P Broadwood Claims O Contrary to Broadwood’s claim, the only incentive to approve the agreement is because it is in the best interests of stockholders PSU Payout at 160% of Target Based on Assessment of Projected Performance Results STAAR PSUs were granted subject to performance conditions based on Net Sales achievement during the three-year performance period ending December 31, 2027, with payout between 0-200% of target based on level of achievement. The 160% payout for STAAR PSUs is materially consistent with the payout expected under the August management projections that were approved by the Board. EXECUTIVE SUMMARY | PREMIUM VALUE | STANDALONE RISKS | THOUGHTFUL EVALUATION | BROADWOOD CLAIMS D

Contrary to Broadwood’s claim, STAAR’s independent Board is focused on serving the best interests of all stockholders “The Chair of the Board was a consultant to Alcon when the dialogue with Alcon began, while two other directors at that time had significant business interests with Alcon. As best we can tell from the proxy disclosure, it was not until our firm raised the conflict-of-interest issue with STAAR’s CEO that the Chair revealed the extent of her business ties with Alcon to her fellow directors, and that was just two days before the Merger Agreement was signed.” The Reality… P Broadwood Claims O EXECUTIVE SUMMARY | PREMIUM VALUE | STANDALONE RISKS | THOUGHTFUL EVALUATION | BROADWOOD CLAIMS D Added since 2021; all but two are independent 5 of