Company: IPGP
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001111928-25-000054
Chunk: 4

Company: IPG PHOTONICS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 4
---
% in 2024 due to increased inventory provision and reduced absorption of manufacturing expenses as a result of lower revenue.

• Cash flow generation remained strong with cash flow from operating activities of $248 million.

• IPG finished the year with a strong balance sheet, with cash, cash equivalents and short-term investments of $930.2 million as of December 31, 2024.

• IPG returned $344 million to stockholders through shares repurchases and completed the acquisition of cleanLaser.

4 NOTICE OF 2025 ANNUAL MEETING AND PROXY STATEMENT

#### Proxy Statement Voting Roadmap
This voting roadmap highlights information available within our proxy statement.

| Proposal1       |     | Election of Ten Directors                                                       
 The Board has nominated the following 10 individuals for election to the Board: |     |                   |     |                   |     | ☑ |     | The Board recommends a voteFOReach director nominee named in this Proxy Statement. |
| Gregory Beecher |     | Jeanmarie Desmond                                                               |     | Gregory Dougherty |     |                   |     |   |     |                                                                                    |
|                 |     | Mark Gitin                                                                      |     | Kolleen Kennedy   |     | Eric Meurice      |     |   |     |                                                                                    |
|                 |     | Natalia Pavlova                                                                 |     | John Peeler       |     | Eugene Scherbakov |     |   |     |                                                                                    |
|                 |     | Agnes Tang                                                                      |     |                   |     |                   |     |   |     |                                                                                    |
|                 |     | See page8                                                                       |     |                   |     |                   |     |   |     |                                                                                    |

#### Director Nominee Qualifications and Attributes
| DIRECTOR                          
 INDEPENDENCE                      |     | BOARD          
 REFRESHMENT    |     | AGE         |
| 7/10                              
 Director Nomineesare Independent* |     | 7 years        
 Average Tenure |     | 63 years    
 Average Age |

* Audit and Compensation Committees are composed entirely of independent directors.

#### Key Skills and Experience
| Lasers and    
 Technology    |     | RiskManagement             |
| Global        
 Business      |     | ExecutiveLeadership        |
| Manufacturing 
 and Operating |     | BusinessDevelopmentand M&A |

See page 9for a matrix of the nominees' individual strategic skills and core competencies.

5

#### Proxy Statement Voting Roadmap
| Proposal2 |     | Advisory Vote to Approve Our 
 Executive Compensation