IPG Photonics amends director compensation plan, adds $70k annual retainer for Non-Executive Chair

IPG PHOTONICS CORP

Board approved $70,000 annual retainer for Non-Executive Chair, effective October 29, 2021.
Existing director retainers ($40k/yr), committee chair fees, and Lead Independent Director fee ($30k) unchanged.
Equity grant structure ($250k initial and annual RSUs) and no meeting fees remain the same.

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