Alcon and STAAR Surgical Extend Merger Agreement for 30-Day "Go-Shop" Period, STAAR Exempt from Termination Fees

Alcon Inc. and STAAR Surgical Company have revised their merger agreement, allowing STAAR to explore alternative proposals during a 30-day "go-shop" period. STAAR is exempt from termination fees if it accepts a superior proposal and can approach other potential bidders. Alcon has waived its right to match any superior offers, enhancing STAAR's attractiveness to potential buyers. This change allows STAAR to actively seek alternative proposals without financial repercussions.