Company: IPGP
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001111928-25-000054
Chunk: 38

Company: IPG PHOTONICS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 38
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 | Personal |     |          | Final   
 Award $ | Final    
 Award as 
 % of     
 Target   |      |   |
|                 |     |        |          | Performance % |             |    |   |     |    | Performance %                            |             |    |   |             |          |     |        |     |           |   |     |       |          |     |          |         |          |      |   |
| Timothy Mammen  |     |        | $538,700 |               |             | 80 | % |     | 75 | %                                        |             | 25 | % |             | $430,960 |     |        | 100 | %         | + |     | 96.25 | %        |     | $265,300 |         |          | 61.6 | % |
| Trevor Ness     |     |        | $501,000 |               |             | 80 | % |     | 75 | %                                        |             | 25 | % |             | $400,800 |     |        | 100 | %         | + |     | 94.75 | %        |     | $245,200 |         |          | 61.2 | % |
| Angelo Lopresti |     |        | $485,500 |               |             | 80 | % |     | 75 | %                                        |             | 25 | % |             | $388,400 |     |        | 100 | %         | + |     |   100 | %        |     | $242,800 |         |          | 62.5 | % |
| Igor Samartsev  |     |        | $424,200 |               |             | 50 | % |     | 75 | %                                        |             | 25 | % |             | $212,100 |     |        | 100 | %         | + |     |    90 | %        |     | $127,200 |         |          | 60.0 | % |

(1) The "threshold" and "maximum" amounts under the AIP are provided in the 2024 Grants of Plan-Based Awards table. Under the Revised AIP, payout for financial and personal performance was capped at 62.5% of the original target payout.

#### Historical AIP Performance
The following graphic shows AIP payouts compared to targets for fiscal years 202