Company: PTC
Filing Date: 2025-12-23
Form Type: DEF 14A
Source: 0001104659-25-124170
Chunk: 10

Company: PTC INC.
Filing Date: 2025-12-23
Form: DEF 14A
Chunk 10
---
 diligent performance of the duties required of a member of the Board and must not hold positions or interests that conflict with their responsibilities to PTC. Candidates must also meet any qualifications for either individual directors or the Board under applicable laws and regulations. The Committee also considers whether the candidate is independent of PTC as at least a majority of members of the Board must qualify as independent in accordance with Nasdaq independence rules. The requirements and expectations of our directors, including their independence and limitations on other board service, are more fully described in our Corporate Governance Guidelines. BOARD REFRESHMENT
Majority of the Board Appointed since 2021

| ​ | 18 | ​ | ​ |     | ​ | ​ | 2026 PROXY STATEMENT | ​ | ​ |     | ​ |

TABLE OF CONTENTS

| ​              | ​ | ​ | ​            | ​ | ​ | ​                   | ​ | ​ | ​                     | ​ | ​ | ​              | ​ | ​ | ​                  | ​ | ​ | ​                         | ​ | ​ | ​               | ​ | ​ | ​          | ​ |
| 2025Highlights | ​ | ​ | ProxySummary | ​ | ​ | CorporateGovernance | ​ | ​ | ExecutiveCompensation | ​ | ​ | AuditorMatters | ​ | ​ | PTC StockOwnership | ​ | ​ | Annual MeetingInformation | ​ | ​ | OtherGovernance | ​ | ​ | Appendix A | ​ |

Board Risk Oversight The Board and the relevant committees review with PTC’s management the risk management practices for which they have oversight responsibility. Since overseeing risk is an ongoing process and inherent in PTC’s strategic decisions, the Board and the relevant committees do not view risk in isolation but discuss risk throughout the year in relation to ongoing operations and proposed actions and initiatives.

| ​ | ​ | BOARD OF DIRECTORS |   |   |                                                                                                                          | ​ | ​ |
| ​ | ​ |                    | ​ | ​ | Ultimate responsibility for risk management oversight and oversight of management of risks not addressed by a committee. 
 Oversight of the company’s artificial intelligence (AI) initiatives.                                                     | ​ | ​ |

| ​ | ​             |   |   |   |                                        | ​ | ​ | ​ |       | ​ | ​ | ​ |                        | ​ | ​ | ​ |                     | ​ | ​ | ​ |               | ​ | ​ |
| ​ | Risk or Focus |   |   |   |                                        | ​ | ​ | ​ | Audit | ​ | ​