Coherent Corp. Approves Special Incentive Awards for Executive Team

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The awards, consisting entirely of performance stock units (PSUs), are tied to achieving significant share price growth milestones and a relative total shareholder return hurdle, with vesting contingent on continued service through 2030. The awards are intended to align executive compensation with long-term value creation for shareholders and to retain the executive team through the company's next phase of accelerated growth.

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About Coherent Corp.

Coherent Corp. is a prominent player in the photonics and laser technology industry, specializing in the development and manufacturing of optical and laser-based products. Its primary function involves providing advanced laser solutions and photonics technologies that are integral to a wide range of industrial, scientific, and commercial applications. Coherent Corp.’s products serve key sectors, including communications, industrial automation, semiconductor manufacturing, and healthcare, where precision laser systems and components are crucial. The company's laser technologies enable high-precision microelectronics manufacturing and have applications in medical devices, display technologies, and scientific research. Coherent Corp.'s role in the market is significant due to its innovative contributions to enhancing manufacturing efficiencies and facilitating technological advancements in industries that demand high-performance optical solutions. Headquartered in the United States, Coherent Corp. continues to influence the global photonics landscape, leveraging its expertise to advance technological capabilities and address complex industrial challenges.