PTC: Material agreement · Company disclosure

Item 1.01 Entry into a Material Definitive Agreement. Agreement and Plan of Merger On October 4, 2026, PTC Inc., a Massachusetts corporation (the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) by and among the Company, Schneider Electric SE, a société européenne organized under the laws of France (“ Schneider Electric ”), and Grand Slam Merger Sub, Inc., a Massachusetts corporation and a wholly owned subsidiary of Schneider Electric (“ Merger Sub ”). Pursuant to the Merger Agreement, and subject to the satisfaction or waiver of the conditions specified therein, Merger Sub will merge with and into the Company (the “ Merger ”), with the Company surviving the Merger as a wholly owned subsidiary of Schneider Electric (the “ Surviving Corporation ”). Capitalized terms used herein without definition have the meanings specified in the Merger Agreement. The Company’s Board of Directors (the “ Board ”) has approved the Merger Agreement and, subject to certain exceptions set forth in the Merger Agreement, resolved to recommend that the Company’s shareholders approve the Merger Agreement. Merger Consideration At the effective time of the Merger (the “ Effective Time ”), each share of common stock, par value $0.01 per share, of the Company (“ Company Common Stock ”) outstanding immediately prior to the Effective Time (subject to certain exceptions, including shares of Company Common Stock held by the Company or any wholly owned subsidiary of the Company (or held in the Company’s treasury) or held, directly or indirectly, by Schneider Electric, Merger Sub or any other wholly owned subsidiary of Schneider Electric) will be converted into the right to receive $205 in cash, without interest, subject to applicable withholding taxes (the “ Merger Co