Company: STAA
Filing Date: 2025-08-29
Form Type: PREM14A
Source: 0001193125-25-192889
Chunk: 94

Company: STAAR SURGICAL CO
Filing Date: 2025-08-29
Form: PREM14A
Chunk 94
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14.0%, reflecting a mid-point estimate of STAAR’s cost of equity, was $11.75 to $24.40 for STAAR common stock, as compared to the closing share price of the
STAAR common stock as of August 1, 2025, of $17.76, and the Merger Consideration of $28.00.

Premia Paid

Citi calculated, using publicly available information, the median one-day unaffected stock price premia
paid for acquisition transactions of selected U.S. target public companies announced since January 1, 2015 involving 100% cash consideration with a transaction value over $500 million that Citi deemed appropriate in its professional
judgment, which indicated a median one-day unaffected stock price premium of 26%. Based on the foregoing review and its professional judgment and experience, Citi applied an illustrative premia reference range
of 17.0% to 62.0% to the closing share price of STAAR common stock on August 1, 2025 of $17.76. This analysis indicated an approximate implied per share equity value reference range for STAAR of $20.70 to $28.70, as compared to the closing
share price of the STAAR common stock as of August 1, 2025, of $17.76, and the Merger Consideration of $28.00.

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Miscellaneous

STAAR has agreed to pay Citi for its services in connection with the Merger an aggregate fee estimated based on information available as of the
date of this proxy statement to be approximately $30.6 million, of which $4.0 million was payable in connection with the delivery of Citi’s opinion to the Board and $26.6 million payable contingent upon consummation of the
Merger. In addition, STAAR agreed to reimburse Citi for Citi’s reasonable expenses, including reasonable fees and expenses of counsel, and to indemnify Citi and related parties against certain liabilities, including liabilities under federal
securities laws, arising out of Citi’s engagement.

As the Board was aware, although Citi and its affiliates have not provided
investment banking, commercial banking and other similar financial services to STAAR during the two-year period prior to the date of Citi’s opinion for which Citi and such affiliates received or expected
to receive compensation, Citi and such affiliates in the future may provide such services to STAAR or its affiliates, for which services Citi