Company: IPGP
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001111928-25-000054
Chunk: 27

Company: IPG PHOTONICS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 27
---
 stockholders and reflects corporate governance best practices.

#### Elements of Director Compensation
We believe that the following components of our director compensation program support the objectives above:

• We provide cash compensation through retainers for Board and committee service, as well as additional cash retainers to the non-executive Chair of the Board and chairs of our standing Board committees. We do not provide Board and committee meeting fees. Compensating our directors in this manner simplifies the administration of our program and creates greater equality in rewarding service on committees of the Board. The additional retainers for Board or committee leadership compensate directors for the additional responsibilities and time commitments involved with chair responsibilities.

• We pay for, provide or reimburse directors for expenses, including business class travel, incurred to attend Board and committee meetings and director education programs. We do not pay our non-employee directors any additional payments or perquisites.

• Directors do not have a retirement plan.

• Directors who are also employees receive no additional compensation for service on the Board.

30 NOTICE OF 2025 ANNUAL MEETING AND PROXY STATEMENT

#### Director Compensation

#### Determining Director Compensation
Our Compensation Committee reviews our director compensation program every other year to confirm that the program remains appropriate and competitive and recommends any changes to our full Board for consideration and approval.

In 2024, the Compensation Committee engaged FW Cook, an independent compensation consultant, to provide a comprehensive review of compensation for non-employee directors in comparison to the same compensation peer group used for the Company’s executive compensation analysis. The analysis included review of cash retainers, initial and annual equity grants, vesting schedules, and meeting fees for Board and committee service. Based upon its review, in 2024 the Compensation Committee determined that the director compensation continues to be appropriate and changes were made in 2024.

### DETERMINING NON-EMPLOYEE DIRECTOR COMPENSATION
| 1                                                                                                                                                 |     |                                                                                                                                                                                                                  2 |     |                                                                                                                    3 |
| The Compensation Committee engages independent compensation consultant to review compensation of non-employee directors as compared to peer group |     | The Compensation Committee evaluates the independent compensation consultant's report, compensation trends and need to retain and attract high caliber non-employee directors consistent with comparable companies |     | The Board considers changes to non-employee directors compensation program recommended by the Compensation Committee |

#### Director Stock Ownership Guidelines
The Board adopted stock ownership guidelines to more closely align the interests of our directors with those of our long- term stockholders. Under the guidelines, non-employee directors are