AGM 2021

May 18, 2021

Good morning, and welcome to Proto Labs' Annual Shareholder Meeting. I would now like to introduce the first presenter, Rob Badore. Good morning, ladies and gentlemen. Thank you for attending this virtual meeting. I'm Rob Bedore, President, Chief Executive Officer and a director nominee of Proto Labs. And it is my pleasure to welcome you all to our twenty twenty one Annual Meeting of Shareholders. Thank you for joining us today. It is approximately 08:30AM Central Time. And in accordance with the notice of the meeting and at the request of our chairman, I call this meeting to order. I would like to introduce the other directors of the company who are in attendance and log into this virtual meeting. Archie Black, Suji Chand, Rainer Gaulek, John Goodman, Sven Warewein, and Don Krantz. Also in attendance is John Way, the company's Chief Financial Officer, who the company has duly appointed as the Inspector of Election for today's meeting. Mark of election for today's meeting. 03/23/2021 was designated as the record date for this meeting. A notice of annual meeting and proxy statement were mailed to shareholders of record in advance of the meeting, and an affidavit of mailing will be included in the minutes of today's meeting. The holders of at least the majority of theirs of common stock outstanding on the record date and entitled to vote at this meeting are represented here today. Accordingly, a valid quorum is present. Additionally, stockholders may ask questions electronically during the meeting by submitting questions in the field provided in the web portal. Request received by meeting related to matters for shareholder vote will be addressed before the polls close for vote. General questions regarding the company will be addressed following adjournment of the formal business of the annual meeting. The first item to be considered is the FBA directors, each to serve as directors at the twenty twenty two Annual Meeting of Shareholders. The board of directors has nominated Archie Black, Suji Chand, Moon Hee Jin, Rainer Galik, John Goodman, Don Krantz, Sven Warewine, and myself as directors and recommends a vote in favor of electing each of them. The second item is the ratification of the selection of Ernst and Young LLP as the company's independent registered public accounting firm for the current fiscal year that began on 01/01/2021 and will end on 12/31/2021. The audit committee of the board of directors has appointed Ernst and Young, and board recommends a vote in favor of ratifying such appointment. The third item vote on an advisory basis to approve the compensation of prolapse officers disclosed in the proxy statement for this meeting. The board recommends a vote in favor of approving such compensation. The polls are now open for voting on the items properly brought for consideration at today's meeting. For shareholders voting online, please log in as a stockholder on the web portal and vote now. If you have previously returned a proxy, you do not need to do anything at this time. We will now pause for voting. The inspector of election has advised me that the preliminary tabulation of the votes cast at today's meeting is complete, and I am pleased to announce the following results. Proposal one, the election of the eight director nominees has been approved by the requisite vote of the shareholders. Proposal two, the ratification of the election and selection of Ernst and Young LLP as the company's independent registered public accounting firm for 2021 has been approved by the requisite vote of the shareholders. Proposal three, the advisory vote to approve the compensation of Proto Labs officers disclosed in the proxy statement for this meeting has been approved by the shareholders. The exact vote totals will be certified by the inspector of election and incorporated in the minutes of today's meeting. Thank you for your participation. This concludes today's official meeting. We will now address stockholder questions. Where we receive similar questions on the same topic, we will group them together, and we'll provide a single answer. For those watching, you can ask a question by submitting it in the Q and A section on your web console. Please feel free to submit questions