IPG Photonics (IPGP) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 20, 2025, at 10:00 a.m. ET in Marlborough, MA.

• Shareholders can vote online, by phone, or by requesting paper/email materials by May 9, 2025.

• Board recommends voting FOR all director nominees and all proposals on the agenda.

Voting matters and shareholder proposals

• Election of ten directors: Gregory Beecher, Jeanmarie Desmond, Gregory Dougherty, Mark Gitin, Kolleen Kennedy, Eric Meurice, Natalia Pavlova, John Peeler, Eugene Scherbakov, and Agnes Tang.

• Advisory approval of executive compensation (say-on-pay) is up for vote.

• Approval of the 2025 Incentive Compensation Plan is proposed.

• Ratification of Deloitte & Touche LLP as independent auditor for 2025.

• Other business may be addressed as appropriate at the meeting.

Board of directors and corporate governance

• Board recommends all director nominees for election.

• Nominees represent a mix of expertise, including finance, operations, and technology.