Company: PTC
Filing Date: 2025-12-23
Form Type: DEF 14A
Source: 0001104659-25-124170
Chunk: 20

Company: PTC INC.
Filing Date: 2025-12-23
Form: DEF 14A
Chunk 20
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| 2025Highlights | ​ | ​ | ProxySummary | ​ | ​ | CorporateGovernance | ​ | ​ | ExecutiveCompensation | ​ | ​ | AuditorMatters | ​ | ​ | PTC StockOwnership | ​ | ​ | Annual MeetingInformation | ​ | ​ | OtherGovernance | ​ | ​ | Appendix A | ​ |

Our Compensation Philosophy

| ​ | ​ | Our executive compensation programs are designed to attract, motivate, and retain the executives who drive our success. We emphasize pay-for-performance to align executive interests with performance measures we believe will create long-term shareholder value. | ​ | ​ |

We Pay for Performance The following core principles drive the objectives of our executive compensation programs: • Pay for Performance: The majority of NEO pay is at-risk, where both short-term and long-term incentives depend on performance against rigorous, predetermined goals. Our incentive programs payout at target when PTC achieves its performance goals, above target when goals are exceeded, and below target when goals are not fully met. • Alignment with Business Strategy: We emphasize the importance of achieving short-term goals while building a foundation for long-term success in delivering innovative technology solutions for customers. • Shareholder Value Creation: We directly link pay to achievement of performance goals designed to foster the creation of sustainable long-term shareholder value. • Market Pay Competitiveness: We provide market-competitive programs that enable PTC to attract and retain highly qualified and talented executives. Long-Term Pay and Performance Alignment

| ​ | ​ | Our performance over the past three years reflects the efficacy and success of aligning executive compensation with our strategic plan. This pay-for-performance approach has resulted in pay and performance alignment relative to our compensation peers and continues to be the centerpiece of our executive compensation programs. | ​ | ​ |

| ​ |     | ​ | ​ | 2026 PROXY STATEMENT | ​ | ​ |     | ​ | ​ | 31 | ​ |

TABLE OF CONTENTS

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| 2025Highlights | ​ |