Company: IPGP
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001111928-25-000054
Chunk: 6

Company: IPG PHOTONICS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 6
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 the 2025 Incentive Compensation Plan is to provide us with a sufficient reserve of common stock to offer appropriate incentives to our employees.

We actively compete for highly qualified employees, especially technical employees. Our equity program is a key component of our strategy to attract and retain key individuals and further aligns the interests of our employees and non-employee directors with those of our stockholders.

| Proposal4 |     | Ratify Deloitte & Touche LLP as Our 
 Independent Registered Public       
 Accounting Firm for 2025            |     | ☑ |     | The Board recommends a voteFORProposal 4 |
|           |     | See page62                          |     |   |     |                                          |

The Audit Committee has appointed Deloitte & Touche LLP, an independent registered public accounting firm, as the independent auditors to perform an audit of the Company's consolidated financial statements and internal control over financial reporting for the year ended December 31, 2025. The Board believes obtaining stockholder ratification of the appointment is a sound corporate governance practice and recommends that stockholders ratify the appointment of Deloitte & Touche LLP because it continues to perform at a high level and remains independent and objective.

7

| Proposal 
 1        |     | Election of Ten Directors |

Mr. Michael Child decided not to stand for re-election at the 2025 annual meeting of stockholders. We are grateful for the invaluable contributions and guidance he provided to the Company throughout his distinguished tenure on the Board and sincerely appreciate his 25 years of service. The Board currently has set the number of directors at eleven. The number of directors will be set at ten directors from and after the 2025 annual meeting of stockholders.

Stockholders are being asked to elect the following ten directors to terms ending with the annual meeting to be held in 2026, until a successor is elected and qualified or until his or her earlier death, resignation or removal. The Board nominated each of these individuals for election at the 2025 annual meeting of stockholders upon the recommendation of the Nominating Subcommittee of the Nominating and Corporate Governance Committee. Each nominee is currently a director of our Company. All of the director nominees set forth in the proxy card have consented to being named in this Proxy Statement and to serving if elected. Please see the following pages for additional information on the director nominees.

Director Nominees

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