Company: PTC
Filing Date: 2025-12-23
Form Type: DEF 14A
Source: 0001104659-25-124170
Chunk: 5

Company: PTC INC.
Filing Date: 2025-12-23
Form: DEF 14A
Chunk 5
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,128 Total PwC Fees                | ​ | ​ | ​ | ​                                             | ​ |

See Auditor Matters for more information about PricewaterhouseCoopers LLP’s services and fees.

| ​ | 4 | ​ | ​ |     | ​ | ​ | 2026 PROXY STATEMENT | ​ | ​ |     | ​ |

TABLE OF CONTENTS

| ​              | ​ | ​ | ​            | ​ | ​ | ​                   | ​ | ​ | ​                     | ​ | ​ | ​              | ​ | ​ | ​                  | ​ | ​ | ​                         | ​ | ​ | ​               | ​ | ​ | ​          | ​ |
| 2025Highlights | ​ | ​ | ProxySummary | ​ | ​ | CorporateGovernance | ​ | ​ | ExecutiveCompensation | ​ | ​ | AuditorMatters | ​ | ​ | PTC StockOwnership | ​ | ​ | Annual MeetingInformation | ​ | ​ | OtherGovernance | ​ | ​ | Appendix A | ​ |

CORPORATE GOVERNANCE AND THE BOARD OF DIRECTORS

|                                                                                                                                                                                                                                                                                                                                                                                                                             | ​                                                                                                                                                                                                                | ​ | PROPOSAL 1 | ​ |
| ​                                                                                                                                                                                                                                                                                                                                                                                                                           | Election of Directors                                                                                                                                                                                            
 The Board is elected by the shareholders to represent and protect their interest in PTC. The Board selects and oversees the members of senior management who are responsible for conducting the business of PTC. | ​ |            |   |
| All director nominees are current directors of the company. Information about each of the director nominees, including their qualifications, skills and experience that led the Corporate Governance Committee and the Board to conclude that the director should serve as a director of the company, is discussed below. Information about their PTC stock ownership is set forth inInformation about PTC Stock Ownership. |                                                                                                                                                                                                                  |   |            | ​ |
| Two of our current directors, Mr. Lacy and Mr. Hanspal, will leave the Board at the expiration of their current terms in February 2026. Mr. Lacy will retire after serving on the Board since 2009, and Mr. Hanspal leaves due to his professional commitments. We thank both Mr. Lacy and Mr. Hanspal for their service on the Board and their valuable contributions to PTC.                                              |                                                                                                                                                                                                                  |   |            | ​ |

| ​ |     | ​ | ​ | The Board of Directors recommends that you voteFORthe election of all director nominees. | ​ |

Board Leadership Structure