Company: IPGP
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001111928-25-000054
Chunk: 75

Company: IPG PHOTONICS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 75
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 a corresponding federal tax deduction.

Stock Units. Restricted stock units generally are subject to tax at the time of settlement and the Company generally will have a corresponding federal income tax deduction when the participant recognizes income.

Performance Shares and Performance Units. Performance shares and performance units generally are subject to tax at the time of vesting or settlement. The Company will generally have a corresponding federal income tax deduction when the participant recognizes income.

Cash Awards. Cash awards generally are subject to tax at the time of payment. The Company generally will have a corresponding federal income tax deduction when the participant recognizes income.

Limit on Deductions under Code Section 162(m). In general, Section 162(m) of the Code denies a publicly held corporation a deduction for U.S. federal income tax purposes for compensation in excess of $1,000,000 per year per person to its "covered employees."

Compliance with Code Section 409A. To the extent applicable, it is intended that the 2025 Plan and any grants made under the 2025 Plan either be exempt from, or, in the alternative, comply with the provisions of Section 409A of the Code.

| The Board recommends that you voteFORapproval of our 2025 Incentive Compensation Plan. |

60 NOTICE OF 2025 ANNUAL MEETING AND PROXY STATEMENT

Proposal 3: Approval of the 2025 Incentive Compensation Plan

#### Information Regarding Equity Compensation Plans
The following table sets forth information with respect to securities authorized for issuance under our equity compensation plans as of December 31, 2024:

#### Equity Compensation Plan Information
|                                                            |     | Number of         
 Securities to be  
 Issued upon       
 Exercise of       
 Outstanding       
 Options, Warrants 
 and Rights        |           |    | Weighted-        
 Average Exercise 
 Price of         
 Outstanding      
 Options,         
 Warrants and     
 Rights           |         |    | Number of Securities    
 Remaining Available for 
 Future Issuance for     
 Future Issuance under   
 Equity Compensation     
 Plans (Excluding        
 Securities Reflected in 
 Column (a))             |           |    |
| Plan Category                                              |     |                   |           | -a |                  |         | -b |                         |           | -c |
| Equity Compensation Plans Approved by Security Holders(1)  |     |                   | 1,604,214 |    |                  | $123.24 |    |                         | 2,525,036 |    |
| Equity Compensation Plans Not Approved by Security Hold