Company: IPGP
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001111928-25-000054
Chunk: 76

Company: IPG PHOTONICS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 76
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ers |     |                   |           | —  |                  |         |    |                         |           | —  |
| Total                                                      |     |                   | 1,604,214 |    |                  |         |    |                         | 2,525,036 |    |

(1) As of December 31, 2024, there were 2,205,922 shares available for future issuance under the 2006 Plan and 319,114 shares available for future issuance under the employee stock purchase plan.

61

| Proposal 
 4        |     | Ratify Deloitte & Touche LLP as Our Independent 
 Registered Public Accounting Firm for 2025      |

Deloitte & Touche LLP currently serves as our independent registered public accounting firm and audited our consolidated financial statements for the year ended December 31, 2024. Our Audit Committee has appointed Deloitte & Touche LLP to serve as our independent registered public accounting firm for 2025, and to conduct an integrated audit of our consolidated financial statements for the year ending December 31, 2025 and of our internal control over financial reporting as of December 31, 2025. Deloitte & Touche LLP has served as the Company’s auditor since 1999. A representative of Deloitte & Touche LLP will attend the Annual Meeting where he or she will have the opportunity to make a statement, if he or she desires, and will be available to respond to appropriate stockholder questions.

The Audit Committee is solely responsible for the appointment, retention, termination and oversight of the work of our independent registered public accounting firm, including the approval of all engagement fees, terms, and the annual audit plan. In determining whether to reappoint Deloitte & Touche LLP as the Company’s independent external auditor, the Audit Committee took into consideration several factors, including an assessment of the professional qualifications and past performance of the lead audit partner and the Deloitte & Touche LLP team and the quality and level of transparency of the Audit Committee’s relationship and communications with Deloitte & Touche LLP. The Audit Committee considered, among other things, the knowledge and skills of Deloitte & Touche LLP’s auditing experts that would be providing services to the Company, international scope and knowledge of the Company and its operations. After its assessment, the Audit Committee concluded that the best course of action was to reappoint Deloitte & Touche LLP as the Company’s independent external auditor for 2025. Lead and con