QUANTUMONLINE.COM SECURITY DESCRIPTION:  Coherent Corp formerly, II-VI Incorporated 6.00% Series A Mandatory Convertible Preferred Stock Due 2023, liquidation preference $200 per share. The preferred shares are mandatorily convertible on 07/01/2023 into a variable number of II-VI Incorporated (Nadaq: (IIVI) common shares based on the then current price of the common shares for 20 consecutive trading days immediately prior to the conversion date. The conversion settlement rate will be 3.8760 shares per unit if the then current market price is equal to or greater than $51.5996 and 4.6512 shares per unit if the market price is equal to or less than $42.9997. For market prices between those values the settlement rate will be $200 divided by the market value. The last reported sale price of the common stock on 07/01/2020 was $43.50 per share. The preferred shares are convertible any time at the holder’s option into 3.8760 shares of common stock. Cumulative distributions of 6.00% per annum ($12.00 per annum or $3.00 per quarter) will be paid quarterly on 1/1, 4/1, 7/1 & 10/1 to holders of record on 3/15, 6/15, 9/15 & 12/15 prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-69 of the prospectus for further information). If a Fundamental Change occurs on or prior to 07/01/2023 holders of shares may be able to convert into common stock at the fundamental change conversion rate plus a fundamental change dividend make-whole amount (see prospectus for further information). This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Conversion Shares@Price	Distribution Dates	15% Tax Rate
NGS Chart	6.00% $12	$200.00 n.a.	Not Callable 7/01/2023	NR NR 1/06/2023	3.8760@$51.5996+ 4.6512@42.9997-	1/1, 4/1, 7/1 & 10/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

Company's Online Information Links

HOME PAGE:     https://www.coherent.com/
Company's Investor Relations Information	Go to Investor Relations Information
Company's Online News Releases	Go to News Releases
Online Company Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

Go to SEC Filings

Company's Email Address Links

Inv Rel Email Address	mjraymond@ii-vi.com
General Email Address	investor.relations@ii-vi.com

Address and Phone Numbers

Address:   375 Saxonburg Blvd., Saxonburg, PA 16056
Main Phone Number	724-352-4455
Fax Number	724-352-5284
Investor Contact (CFO)   Mary Jane Raymond	724-352-4455
Toll Free Phone Number	Unknown

CEO - Vincent D. Mattera Jr.

CFO - Mary Jane Raymond