Company: PTC
Filing Date: 2025-01-02
Form Type: DEF 14A
Source: 0001104659-25-000041
Chunk: 26

Company: PTC INC.
Filing Date: 2025-01-02
Form: DEF 14A
Chunk 26
---
, the Committee increased his base salary and target annual performance-based bonus by 12%, and his target annual long-term RSUs by 25% for 2024, positioning his target total annual compensation at approximately the 50thpercentile of the compensation peer group. | ​ |

| ​ | CATHERINE KNIKER​                                                     
 Executive Vice President, Chief Marketing and Sustainability Officer​ |   |   |                                                                                                                                                                                                                                                                                                                                                                       | ​ |
| ​ |                                                                       | ​ | ​ | Ms. Kniker has served as our Executive Vice President, Chief Marketing and Sustainability Officer since November 2024. Ms. Kniker served as our Executive Vice President, Chief Strategy, Marketing and Sustainability Officer from February 2023 to November 2024.                                                                                                   
 When establishing her compensation for 2024, the Committee evaluated her compensation against her peers and her performance. Given her performance and her compensation relative to her peers, the Committee increased her base salary and target annual performance-based bonus by approximately 3% each, and her target annual long-term RSUs by approximately 11%. | ​ |

| ​ |     | ​ | ​ | 2025 PROXY STATEMENT | ​ | ​ |     | ​ | ​ | 31 | ​ |

TABLE OF CONTENTS

| ​              | ​ | ​ | ​            | ​ | ​ | ​                   | ​ | ​ | ​                     | ​ | ​ | ​              | ​ | ​ | ​                  | ​ | ​ | ​                         | ​ | ​ | ​               | ​ | ​ | ​          | ​ |
| 2024Highlights | ​ | ​ | ProxySummary | ​ | ​ | CorporateGovernance | ​ | ​ | ExecutiveCompensation | ​ | ​ | AuditorMatters | ​ | ​ | PTC StockOwnership | ​ | ​ | Annual MeetingInformation | ​ | ​ | OtherGovernance | ​ | ​ | Appendix A | ​ |

| ​ | AARON VON STAATS​                                       
 Executive Vice President, General Counsel and Secretary |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                         | ​ |
| ​ |                                                         | ​ | ​ | Mr. von Staats has served as our General Counsel since 2003.                                                                                                                                                                                                                                                                                                                                                                            
 When establishing his compensation for 2024, the Committee evaluated his compensation against his peers and his performance. Given his performance and his compensation relative to his peers, the Committee increased his base salary and his target annual performance-based bonus by approximately 5% and increased his target annual long-term equity