Company: PTC
Filing Date: 2025-01-02
Form Type: DEF 14A
Source: 0001104659-25-000041
Chunk: 23

Company: PTC INC.
Filing Date: 2025-01-02
Form: DEF 14A
Chunk 23
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 | ​ | AuditorMatters | ​ | ​ | PTC StockOwnership | ​ | ​ | Annual MeetingInformation | ​ | ​ | OtherGovernance | ​ | ​ | Appendix A | ​ |

(1) The FY2024 relative TSR RSUs use S&P Software and Services Companies with greater than $5 billion in market capitalization plus compensation peer group companies as the comparison group. (2) If the weighted average PTC stock price as of September 30, 2023 is higher than the weighted average PTC stock price on September 30, 2026, the maximum number of RSUs that can be earned is 100% of the RSUs even if relative TSR is achieved above the 50 th percentile. The stock price value is determined using a 30-day weighted average for the applicable period. (3) As the relative TSR RSUs have a three-year performance period ending September 30, 2026, no relative TSR RSUs could be earned for FY2024. PRIOR PERIOD PERFORMANCE-BASED EQUITY ACHIEVEMENT FOR FY2024 FY2023 PERFORMANCE-BASED RSU ACHIEVEMENT FOR FY2024

| ​ | Performance Measure    | ​ | ​ | ​ | Threshold(50% Earned) |   |    |   | ​ | ​ | ​ | Target(100% Earned) |   |     |   | ​ | ​ | ​ | Upside(200% Earned) |   |     |   | ​ | ​ | ​ | Achievement |   |     |   | ​ | ​ | ​ | Earned |   |      |   | ​ |
| ​ | ARR Growth over FY2023 | ​ | ​ | ​ | ​                     | ​ | 6% | ​ | ​ | ​ | ​ | ​                   | ​ | 10% | ​ | ​ | ​ | ​ | ​                   | ​ | 16% | ​ | ​ | ​ | ​ | ​           | ​ | 12% | ​ | ​ | ​ | ​ | ​      | ​ | 126% | ​ | ​ |

| ​ | Performance Measure           | ​ | ​ | ​ | Threshold(50% Earned) | ​ | ​ | ​ | Target(100% Earned) | ​ | ​ | ​ | Interim Upside(150% Earned) | ​ | ​ | ​ | Upside(200% Earned) | ​ | ​ | ​ |