Company: IPGP
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001111928-25-000054
Chunk: 55

Company: IPG PHOTONICS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 55
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 of compensation being paid in a currency that fluctuates against the U.S. dollar, the amount of salary paid may vary slightly from the salary stated in an employment agreement or approved by the Compensation Committee.

(7) On September 15, 2024, Dr. Ovtchinnikov transitioned from his role as Senior Vice President, Chief Technology Officer to an advisor to the Company. The amount reported for 2024 in the Salary column for Dr. Ovtchinnikov’s represents his base salary earned for services as Senior Vice President, Chief Technology Officer through September 15, 2024.

48 NOTICE OF 2025 ANNUAL MEETING AND PROXY STATEMENT

#### Executive Compensation Tables

#### 2024 Grants of Plan-Based Awards
| Name                   |     |           | Grant Date |   |           | Estimated Possible Payouts 
 Under Non-Equity Incentive 
 Plan Awards                
 ($)(1)(2)                  |         |     |         |     |           |           |     |        |       |     | Estimated Future Payouts 
 Under Equity Incentive   
 Plan Awards              
 (#)(3)                   |        |     |        |     |        |     | All Other                               
 Stock Awards:                           
 Number of Sharesof Stock or Units(#)(4) |           |     | Grant DateFair Valueof Stockand OptionAwards($)(5) |           |
| Threshold              |     |           | Target     |   |           | Maximum(3)                 |         |     |         |     | Threshold |           |     | Target |       |     | Maximum                  |        |     |        |     |        |     |                                         |           |     |                                                    |           |
| Mark Gitin             |     |           |            |   | 6/5/2024  |                            |       — |     |       — |     |           |         — |     |        |       |     |                          |  7,197 |     | 28,790 |     | 57,580 |     |                                         |         — |     |                                                    | 2,499,836 |
|                        |     | 6/5/2024  |            | — |           |                            |       — |     |       — |     |           |           |     |        |     — |     |                          |      — |     |      — |     | 28,791 |     |                                         |