<SEC-DOCUMENT>0001213900-21-059720.txt : 20211116
<SEC-HEADER>0001213900-21-059720.hdr.sgml : 20211116
<ACCEPTANCE-DATETIME>20211116060117
ACCESSION NUMBER:		0001213900-21-059720
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20211116
FILED AS OF DATE:		20211116
DATE AS OF CHANGE:		20211116

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STRATASYS LTD.
		CENTRAL INDEX KEY:			0001517396
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35751
		FILM NUMBER:		211413950

	BUSINESS ADDRESS:	
		STREET 1:		7665 COMMERCE WAY
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344
		BUSINESS PHONE:		972-8-931-4314

	MAIL ADDRESS:	
		STREET 1:		2 Holtzman Street
		STREET 2:		Science Park, P.O. Box 2496
		CITY:			Rehovot
		STATE:			l3
		ZIP:			76124

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OBJET LTD
		DATE OF NAME CHANGE:	20111118

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OBJET GEOMETRIES LTD
		DATE OF NAME CHANGE:	20110405
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ea150683-6k_stratasysltd.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>UNITED
STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>FORM&nbsp;6-K</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Report of Foreign Private Issuer<BR>
Pursuant to Rule&nbsp;13a-16 or 15d-16<BR>
under the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>For the month of November 2021</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Commission File Number 001-35751</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>STRATASYS
LTD.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Translation of registrant&rsquo;s name into English)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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  <TR>
    <TD STYLE="vertical-align: top; width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>c/o Stratasys,&nbsp;Inc.</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>7665 Commerce Way</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Eden Prairie, Minnesota 55344</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 49%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1 Holtzman Street, Science Park</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>P.O.&nbsp;Box 2496</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Rehovot,&nbsp;Israel 76124</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address of principal executive offices)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Indicate by check mark whether the registrant files
or will file annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Form&nbsp;20-F </FONT>
&#9746;<FONT STYLE="font-family: Wingdings"> </FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif">Form
40-F &#9744;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Indicate by check mark if the registrant is submitting
the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(1): &#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Indicate by check mark if the registrant is submitting
the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(7): &#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"></P>




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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Supplement to Proxy Statement for 2021 Annual General Shareholder
Meeting</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">In its Report of Foreign Private Issuer on Form
6-K (a &ldquo;<B>Form 6-K</B>&rdquo;), furnished to the Securities and Exchange Commission (the &ldquo;<B>SEC</B>&rdquo;) on October 13,
2021, Stratasys Ltd. (&ldquo;<B>Stratasys</B>&rdquo; or the &ldquo;<B>Company</B>&rdquo;) published a notice and proxy statement (the
&ldquo;<B>Proxy Statement</B>&rdquo;) for its 2021 annual general meeting of shareholders (the &ldquo;<B>Meeting</B>&rdquo;), which is
scheduled to take place at 5:00 p.m. (Israel time) on Tuesday, November 23, 2021, at Meitar Law Offices, 16 Abba Hillel Road, 10<SUP>th</SUP>&nbsp;floor,
Ramat Gan 5250608, Israel. The Proxy Statement describes in detail, among other things, the proposals to be presented to the shareholders
at the Meeting and related background information, as well as logistical information related to voting procedure, date and time information
for the Meeting, and the required majorities for approval of the proposals under the Israeli Companies Law, 5759-1999 (the &ldquo;<B>Companies
Law</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">As a result of ongoing discussions that have
been held by certain members of Stratasys&rsquo; Board of Directors and management team with the Company&rsquo;s shareholders, and in
keeping with feedback from those shareholders, the Company desires herein to modify and supplement the information contained in the Proxy
Statement in the following manners:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">(i)</TD><TD STYLE="text-align: justify">Revisions to the text of the Company&rsquo;s proposed Compensation
Policy for Executive Officers and Directors (the &ldquo;<B>Compensation Policy</B>&rdquo;) that is being renewed and updated pursuant
to <U>Proposal 4</U> at the Meeting, as required under the Companies Law.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 54pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">(ii)</TD><TD STYLE="text-align: left">Addition of peer group information as support for the Company&rsquo;s
compensation practices and proposed payments to its executive officers and directors that are reflected both in the Compensation Policy
and in the modified compensation package that is proposed for the present and future non-employee directors of the Company in respect
of their directorship services, to be presented for approval pursuant to <U>Proposal 5</U> at the Meeting.</TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"><B><I>Modification to Compensation Policy (Proposal
4) </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">The Company has received two primary comments
from its shareholders concerning the proposed Compensation Policy, and is willing to modify the content of the Compensation Policy in
order to address the concerns that have been raised:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">(a)</TD><TD STYLE="text-align: justify"><U>Vesting Periods for Equity Grants</U>&mdash;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"><I>Shareholder comment</I>: Stratasys&rsquo;
shareholders commented that the updated language in the section of the proposed Compensation Policy titled &ldquo;Equity-Based Compensation&mdash;
Equity grant determinations&mdash; Vesting of equity-based awards&rdquo;, as compared to the version of the Compensation Policy last adopted
by Stratasys&rsquo; shareholders in 2018, appears to reduce the minimum vesting period of an officer&rsquo;s long-term award from three
years to one year. The shareholders have acknowledged that the proposed policy provides that equity awards &ldquo;will generally vest
in full over a period between three to five years subject to achievement of service and/or performance conditions&rdquo;. Nevertheless,
the shareholders expressed concern that the minimal vesting period of one year is too brief, and does not provide a sufficiently long
period to incentivize performance by Stratasys&rsquo; executive officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"><I>Stratasys response</I>: Stratasys never intended
to shorten the full vesting of any award for executive officers to one year. Instead, Stratasys is proposing to lower the overall minimum
vesting period for all types of equity awards (options, RSUs, PRSUs) for executive officers to <U>three years</U>. Previously, the Compensation
Policy had a four-year vesting period for equity awards, but based on the advice of Stratasys&rsquo; compensation consultant, FW Cook,
the minimum total vesting period was adjusted to three years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">The subject language in the proposed Compensation
Policy setting a minimum one-year total vesting period was only intended to relate to annual equity grants to non-employee directors,
for which a shorter, one-year vesting period is appropriate as a means to protect against potential director entrenchment. Each of Stratasys&rsquo;
directors is subject to re-election by shareholders on an annual basis, which also helps to counter director entrenchment. Shareholder
approval is anyway required under the Companies Law for non-employee director equity grants, and that approval was already obtained at
the Company&rsquo;s 2020 annual general meeting of shareholders, and will be sought once again at the Meeting for the equity grants included
in the non-employee director compensation package, as part of the approval of Proposal 5).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">In order to address the shareholders&rsquo; comment,
Stratasys will change the text of the proposed Compensation Policy, in the manner set forth in <U>Exhibit 99.1</U> to this Form 6-K, so
that it is clear in the &ldquo;Equity-Based Compensation&mdash; Equity grant determinations&mdash; Vesting of equity-based awards&rdquo;
section that the minimum vesting period for executive officers&rsquo; equity grants is a three year period. The modified text also clarifies
that for non-employee director grants, the vesting period be the shorter of the director's term of office, or one year, unless otherwise
approved by the Company&rsquo;s shareholders from time to time under the Companies Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">(b)</TD><TD STYLE="text-align: justify"><U>Limitations on Severance Payments</U>&mdash;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"><I>Shareholder comment</I>: Certain shareholders
of Stratasys raised concerns regarding the severance payment components in the &ldquo;Retirement and Severance Arrangements&rdquo; section
of the proposed Compensation Policy (which components had appeared in Stratasys&rsquo; existing Compensation Policy as well), causing
those shareholders to oppose the Compensation Policy in its proposed formulation. Those concerns included:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">the uncapped severance component under the proposed Compensation Policy calculates
severance at a rate that is twice the rate at which severance accrues under the statutorily-provided severance under Israeli law; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">the additional potential substantial non-statutory severance benefits may
exceed 24 monthly salaries of a terminated/terminating executive officer, which would therefore go beyond the limits favored by shareholder
advisory groups; and </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">the Company may pay substantial additional severance upon termination of
an executive in connection with a change-in-control, as well as severance-like payments in other particular circumstances, such as for
non-compete payments and one-time discretionary grants of severance, each of which could potentially further increase the total severance
payable to a terminating executive in a substantial manner. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"><I>Stratasys response</I>: Stratasys has considered
the concerns expressed by its shareholders and is willing to limit the total severance payments that may potentially be payable to a single
terminating/terminated officer in a manner that will be in keeping with the limits favored by shareholder advisory groups. In particular,
as reflected in the updated version of the proposed Compensation Policy attached as Exhibit 99.1 to this Form 6-K, Stratasys will add
an overall limitation to its potential severance payments to a single terminating/terminated executive officer so that any payments that
are paid as &ldquo;Severance Payments&rdquo;, &ldquo;Non-compete payments&rdquo;, &ldquo;Change of control payments&rdquo; or &ldquo;Discretionary
payments&rdquo; will not, in the aggregate, exceed the product of twenty-four (24) and the executive officer's last monthly base salary,
thereby conforming to the suggested limits.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">In keeping with customary practice, severance
amounts that have already been accrued by Stratasys over the course of an executive&rsquo;s employment pursuant to Israeli statutorily-provided
accruals and that are released to the executive upon termination will be excluded in determining whether that twenty-four month limit
has been reached.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">(c)</TD><TD STYLE="text-align: justify"><U>Text of Modified Proposed Resolution for Proposal 4</U></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 53.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">In light of the foregoing changes to the proposed
Compensation Policy that will be brought before the Meeting for approval, the text of the resolution to be presented for approval at the
Meeting pursuant to Proposal 4 will be modified slightly from what appeared in the Proxy Statement, and will read as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&ldquo;<B>RESOLVED,&nbsp;</B><FONT STYLE="background-color: white">that,
in compliance with the requirements of the Israeli Companies Law, 5759&mdash;1999, the Stratasys Ltd. Compensation Policy for Executive
Officers and Directors, dated November 23, 2021, in the form attached as</FONT> <U>Exhibit 99.1</U> to the Company&rsquo;s Report of Foreign
Private Issuer on Form 6-K furnished to the SEC on November 15, 2021, and as described in &ldquo;Supplement to Proxy Statement for 2021
Annual General Shareholder Meeting&mdash; Modification to Compensation Policy (Proposal 4)&rdquo; in the foregoing supplemental Form 6-K,
<FONT STYLE="background-color: white">and as previously approved by the Board at the recommendation of the compensation committee, be,
and the same hereby is, approved </FONT>in all respects.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"><B><I>Supplemental Peer Company Disclosure </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">The Company received inquiries from its shareholders
as to the composition of the group of peer companies that support the Company&rsquo;s compensation practices and policies recommended
by the Company&rsquo;s compensation consultant, FW Cook, including the proposed non-employee director compensation package described in
Proposal 5 of the Proxy Statement, which referenced a <FONT STYLE="background-color: white">group of 20 U.S.-listed peer companies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"><FONT STYLE="background-color: white">In order
to enhance the transparency of the Company&rsquo;s compensation program and policies, including the basis upon which it has been formulated,
the Company has provided below the identities of the companies constituting the Company&rsquo;s peer company group, as composed by the
Company&rsquo;s compensation consultant, FW Cook:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">3D Systems Corporation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">ADTRAN, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Avid Technology, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Axon Enterprise, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Cognex Corporation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">CONMED Corporation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Digi International Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">FARO Technologies, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">GoPro, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Harmonic Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Kornit Digital Ltd.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Nova Ltd.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Novanta Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Omnicell, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">PAR Technology Corporation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Proto Labs, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Pure Storage, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Ribbon Communications Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Varonis Systems, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Zuora, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Voting at Annual General Shareholder Meeting</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"><B>Stratasys will not be sending out additional
proxy materials in connection with the Meeting</B>. Accordingly, if you have already voted or provided voting instructions to your broker,
bank or other nominee with respect to Proposal 4 in connection with the Meeting, there is nothing further that you need to in order to
have your ordinary shares voted on Proposal 4 at the Meeting. If you have not yet voted or provided voting instructions, you may do so
with respect to Proposal 4 only&mdash; either &ldquo;FOR,&rdquo; &ldquo;AGAINST&rdquo; or &ldquo;ABSTAIN&rdquo;&mdash;by following any
one of the same procedures described in the Proxy Statement. If you have already voted or provided voting instructions concerning Proposal
4 and you wish to alter your vote or voting instructions (either in favor or against the proposal) in light of the modified Compensation
Policy, please follow the instructions for doing so described in the Proxy Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">More specifically, if you are a shareholder of
record and have submitted a proxy card, you can change your vote on Proposal 4 by sending a written and dated notice of revocation or
by submitting a signed proxy bearing a later date, in either case, to Stratasys Ltd., c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717
or to our CCO and Vice President, Investor Relations at Yonah.Lloyd@stratasys.com. Broadridge must receive any such revocation of proxy
by 11:59 a.m. U.S. Eastern Time, on October 3, 2018, for it to be effective. In the alternative, you may also revoke your previous proxy
before it is voted by attending the Meeting and voting in person. Attendance at the Meeting will not cause your previously granted proxy
to be revoked, unless you vote again.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">If your ordinary shares are held in street name
or by a broker, trustee or nominee, you may change your vote by following the instructions provided to you by your broker, trustee or
nominee. If you have obtained a legal proxy from your broker, trustee or nominee giving you the right to vote your shares, you can change
your vote by attending the reconvened Meeting and voting in person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">If you have any questions or require any assistance
in modifying your vote on Proposal 4, please contact our proxy solicitor, Morrow Sodali, at (212) 300-2473<B>, </B>or via email to p.schulman@morrowsodali.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">The contents of this Form&nbsp;6-K (including
Exhibit 99.1 hereto) are incorporated by reference in the Company&rsquo;s registration statements on <FONT STYLE="background-color: white">Form
F-3, SEC file numbers 333-251938 and 333-253780, filed with the SEC on January 7, 2021 and March 2, 2021, respectively, and Form S-8,
SEC file numbers 333-190963, 333-236880 and 333-253694, filed with the SEC on September 3, 2013, March 4, 2020, and March 1, 2021,&nbsp;respectively,&nbsp;and
shall be a part thereof from the date on which this Form 6-K is furnished, to the extent not superseded by documents or reports subsequently
filed or furnished.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="background-color: white"><B><I>Exhibits</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">Attached as&nbsp;<U>Exhibit 99.1</U>&nbsp;to
this Form 6-K is the updated text of the proposed Compensation Policy that is being renewed and updated pursuant to <U>Proposal 4</U>
at the Meeting (which text reflects the modifications described in this Supplement to the Proxy Statement for the Meeting). The text of
the proposed Compensation Policy is marked cumulatively against the existing version of the Compensation Policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 35.45pt">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 39.6pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>STRATASYS LTD.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated: November 16, 2021</FONT></TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Lilach Payorski</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lilach Payorski</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Financial Officer </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Exhibit Index</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 35pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit No.</B></FONT></TD>
    <TD STYLE="padding-bottom: 1.5pt; width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 90%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">99.1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="ea150683ex99-1_stratasys.htm">Proposed Stratasys Ltd. Compensation Policy for Executive Officers and Directors, as to be re-adopted by shareholders on November 23, 2021</A></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">6</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ea150683ex99-1_stratasys.htm
<DESCRIPTION>PROPOSED STRATASYS LTD. COMPENSATION POLICY FOR EXECUTIVE OFFICERS AND DIRECTORS, AS TO BE RE-ADOPTED BY SHAREHOLDERS ON NOVEMBER 23, 2021
<TEXT>
<HTML>
<HEAD>
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<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Stratasys Ltd.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Compensation Policy for Executive Officers and
Directors</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>as Re-adopted by Shareholders on&nbsp;<FONT STYLE="color: Blue">November
23, 2021</FONT></U><FONT STYLE="color: Red"><U><STRIKE>September 13, 2018</STRIKE></U></FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">This document sets forth the compensation policy
of Stratasys Ltd. and its subsidiaries (collectively, &ldquo;<B>Stratasys</B>&rdquo; or the &ldquo;<B>Company</B>&rdquo;) for its executive
officers and directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">For purposes of this policy, &ldquo;executive officers&rdquo;
shall mean &ldquo;office holders,&rdquo; as such term is defined in the Israeli Companies Law, 5759-1999 (the &ldquo;<B>Israeli Companies
Law</B>&rdquo;), including Stratasys&rsquo; Chief Executive Officer (the &ldquo;<B>CEO</B>&rdquo;) and Executive Vice Presidents, but
excluding Stratasys&rsquo; directors, unless otherwise expressly indicated (as referenced above, directors are, nevertheless, subject
to this policy).&nbsp; It is hereby clarified that this policy is subject to applicable law and is not intended, and should not be interpreted
as limiting or derogating from provisions of applicable law that may not be limited or derogated from. Pursuant to the Israeli Companies
Law, shareholder approval is generally required to approve compensation to Stratasys&rsquo; CEO and its directors. In case of any amendment
to provisions of the Israeli Companies Law and any other applicable rules and regulations in a manner that will facilitate Stratasys&rsquo;
ability to more readily approve or pay executive officer or director compensation, Stratasys shall be entitled to follow those provisions
even if they contradict the principles of this policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">The Compensation Committee of Stratasys&rsquo; Board
of Directors (the &ldquo;<B>Committee</B>&rdquo;) and Stratasys&rsquo; Board of Directors (the &ldquo;<B>Board</B>&rdquo;) will periodically
review this policy to ensure that its provisions and implementation are aligned with the Company&rsquo;s compensation philosophy and with
applicable legal and regulatory requirements. This policy shall apply to any compensation arrangement (including amendment of an existing
compensation arrangement) of an executive officer or director that is approved following its adoption by the Company&rsquo;s shareholders,
and shall not impact, in any manner, any compensation arrangement approved prior to such adoption.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">This policy is not intended to establish personal
terms and conditions for specific executive officers and directors, but rather to set forth objective principles and parameters which
will apply to all executive officers and directors. This policy sets forth maximum and minimum amounts only, and nothing in this policy
shall obligate the Company to grant any particular type or amount of compensation to any executive officer or director, unless expressly
stated otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Compensation Objectives</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Stratasys executive officers&rsquo; compensation
objectives, as outlined below, should be designed to: (i)&nbsp;encourage pay-for-performance; (ii)&nbsp;align executive officers&rsquo;
interests with those of the Company and its shareholders over the long term; (iii)&nbsp;encourage balanced risk management; and (iv)&nbsp;provide
a competitive compensation package.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Pay-for-performance</I></B>: Stratasys aims
to incentivize its executive officers by strengthening the link between their compensation and performance. Therefore, a significant portion
of the total compensation package provided to executive officers is based on measures that reflect both Stratasys&rsquo; short- and long-term
performance, as well as the executive officer&rsquo;s individual performance and impact on shareholder value. In order to strengthen this
link, Stratasys defines clear and measurable quantitative and qualitative objectives that, in combination, are expected to improve Company
results and returns to shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Aligning executive officers&rsquo; interests
with those of the Company and its shareholders</I></B>: In order to promote retention and motivate executive officers to focus on long-term
objectives and performance of the Company&rsquo;s shares, a portion of the compensation packages of Stratasys&rsquo; executive officers
should be comprised of equity-based compensation, in order to create a direct link between the interests of executive officers and the
interests of Stratasys and its shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Risk management</I></B>: Compensation is generally
intended to be structured in a manner that creates an incentive to deliver high performance (both long- and short-term) while taking into
account Stratasys&rsquo; risk management philosophy and without undue pressure to take excessive risks, thus leading to a balanced and
effective risk-taking approach. This may be achieved by using tools such as (i)&nbsp;placing maximum thresholds on eligibility for selected
short- and long-term incentives; (ii)&nbsp;using key performance indicators that are designed to reduce incentives to take excessive risks;
and (iii)&nbsp;granting a mix of equity-based compensation types that have long-term vesting schedules, which tie the awards to a longer
performance cycle.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Competitiveness</I></B>: Stratasys competes
with global and emerging companies to attract and retain highly talented professionals with the capabilities to promote creativity, manage
its complex business and worldwide operations and execute its strategy. For these reasons, the total compensation package for Stratasys
executive officers should generally be targeted to be competitive with Stratasys&rsquo; peer group, which includes similar companies,
as well as companies that compete with Stratasys for similar talent and companies in the relevant geographical location. Executive officers&rsquo;
total compensation may deviate from the target level as required to attract or retain certain individuals or reflect their respective
characteristics or performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Stratasys&rsquo; executive officer compensation philosophy also values
    the following principles:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Promotion of the Company&rsquo;s goals and supporting Stratasys&rsquo;
    business strategy and Annual Operating Plan (the &ldquo;<B>AOP</B>&rdquo;);</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 35.7pt; text-indent: -17.85pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Paying employees equitably relative to one another based on their roles and responsibilities, educational background, skills, expertise, prior professional experience, achievements, seniority and location;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Embedding a culture of high performance with high integrity; and</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Encouraging good corporate governance practices.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Compensation Elements</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt">Stratasys&rsquo; executive officers&rsquo; compensation
packages should generally be composed of the following elements:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Base salary</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Cash bonuses</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Equity-based compensation</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Benefits and perquisites</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Retirement and severance arrangements</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Stratasys&rsquo; target ranges for the allocation
of annual compensation of its executive officers among base salary, annual cash bonuses and equity-based compensation is set forth in
the table below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 88%; font-weight: bold">Element</TD><TD STYLE="padding-bottom: 1.5pt; width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; width: 11%; font-weight: bold; text-align: center">Target&nbsp;Range&nbsp;for&nbsp;Percentage&nbsp;of<BR>
Total&nbsp;Annual&nbsp;Compensation</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Base Salary</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">15%-50%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Annual Cash Bonus</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">15%-35%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Equity-Based Compensation</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">30%-70%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">The target ranges express the optimal pay mix in
the event that all performance measures are achieved at target levels and provided all compensation elements detailed in the table above
are granted with respect to a given year. Performance in any given year that is lower than target levels or exceeds target levels may
result in no payout or a payout outside of the range of percentages detailed above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">The target compensation mix supports the core principles
of Stratasys&rsquo; executive officer compensation philosophy of compensating executive officers for performance and aligning their interests
with those of the Company and its shareholders, by emphasizing short- and long-term incentives, while considering the fact that different
circumstances may warrant different target pay mixes. A large portion of an executive officer&rsquo;s compensation should therefore be
targeted to be &ldquo;pay at risk&rdquo; tied to key metrics or other performance criteria of the Company&rsquo;s growth, consistent with
the approach taken by global companies and taking into account that the Company may see fit to incentivize its executive officers to realize
key strategic</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">opportunities and pursue innovative strategies, while taking into account
measures to mitigate such risk in accordance with its risk management policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Set forth below is a description of each of the
compensation elements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Base Salary</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Purpose</I></B>: Base salaries provide stable
compensation to executive officers and allow the Company to attract and retain competent executive talent and to maintain a stable management
team. Base salaries vary among executive officers and will be individually determined according to each executive officer&rsquo;s experience
and areas of responsibility based on a variety of considerations, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 24px"></TD><TD STYLE="width: 24px; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Professional
background</B>: education, knowledge, skills, expertise, professional experience and achievements.</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 24px"></TD><TD STYLE="width: 24px; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Competitiveness</B>:
the base salary of executive officers should be evaluated periodically by conducting external benchmarking using a defined peer group,
selected according to size, industry, global footprint, nature of activities and competitors for similar talent, as well as the relevant
geographical location, as further detailed under &ldquo;External and Internal Considerations&rdquo; below.</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 24px"></TD><TD STYLE="width: 24px; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Reasonableness
within the Organization</B>: the variation in the relative base salary among the executive officers may reflect the differences in their
position, education, scope of responsibilities, location, previous experience in similar roles and their contribution to attainment of
Stratasys&rsquo; goals, as well as certain legacy matters and special circumstances.</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Adjustments to base salary</I></B>: The Committee
and the Board, on the basis of the recommendations of the CEO (with respect to executive officers other than the CEO), may from time to
time consider and approve base salary adjustments for executive officers. The main considerations for a salary adjustment are similar
to those used in initially determining base salary, and may also include change of role or responsibilities, recognition for professional
achievements, regulatory or contractual requirements, budgetary constraints or market trends. The Committee and the Board may also consider
the previous and existing compensation arrangements of the executive officer whose base salary is being considered for adjustment. In
accordance with Section 1B3 to the Companies Regulations (Relief in Transactions With Related Parties), 2000, a non-material change in
the terms of compensation of an executive officer who reports to the CEO, will not require the approval of the Committee, as stated in
Section 272(C) to the Israeli Companies Law, so long as the change in compensation does not exceed 5% of the annual cost of the fixed
compensation component, has been approved by the CEO, and is consistent with the terms of this policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Fixed one-time grant</I></B>: In addition
to the base salary and notwithstanding the section entitled &ldquo;Equity-Based Compensation&rdquo; below, in circumstances deemed appropriate
by the Committee and the Board (on the basis of the recommendations of the CEO (with respect to executive officers other than the CEO)),
executive officers may be awarded an additional fixed one-time cash or equity-based grant upon recruitment or promotion, subject to the
discretion of the Committee and the Board.&nbsp; The maximum amount for any equity-based grant pursuant to this paragraph shall be equal
to the economic value of options to purchase 300,000 shares (subject to standard adjustment for changes in capitalization such as stock
splits) at the time of grant with the value of such options to be calculated on the basis of an customary market-accepted valuation formula,
such as Black-Scholes, or the equivalent economic value in equity-settled restricted stock units (RSUs) or equity-settled performance
share units (PSUs) or any combination thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Cash Bonuses</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Purpose</I></B>: The annual cash bonus component
aims to ensure that the executive officer is aligned in achieving the Company&rsquo;s overall annual goals, as well as the executive officer&rsquo;s
individual annual goals. Annual cash bonuses are, therefore, a strictly pay-for-performance element, as payout eligibility and levels
are determined based on actual financial and operational results, as well as individual performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>General</I></B>: Subsequent to approval of
the Company&rsquo;s AOP at the beginning of each calendar year, the Committee and the Board, on the basis of the recommendations of the
CEO (with respect to executive officers other than the CEO), shall determine the performance criteria taking into account short- and long-term
goals, as well as the Company&rsquo;s risk management policy. In special circumstances, as determined by the Committee and the Board (<I>e.g.</I>,
regulatory changes, significant changes in business environment), the Committee and the Board may modify the objectives and/or their relative
weights during the calendar year. To the extent permitted by law hereafter, the CEO may determine the performance criteria or considerations
for executive officers reporting to him.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Performance criteria</I></B>: Quantitative
and qualitative performance criteria will be used to determine annual cash bonus eligibility, using key performance indicators. Subject
to the discretion of the Committee and the Board, on the basis of the recommendations of the CEO (with respect to executive officers other
than the CEO), such performance criteria will generally be determined based on the AOP and the long-range plan approved by the Board,
and will be structured in order to take into account Stratasys&rsquo; short- and long-term goals. These performance criteria, which include
the objectives and the weight to be assigned to each achievement in the overall evaluation, will be categorized in three main areas, as
described below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 24px"></TD><TD STYLE="width: 24px; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Between
60% and 80% &mdash; overall Company performance criteria, which are based on actual financial and operational results, such as net revenues,
sales, operating profit, earnings per share (EPS) and cash flow;</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 24px"></TD><TD STYLE="width: 24px; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Between
15% and 25% &mdash; business unit/ regional/ area of responsibility performance criteria, which are tailored to the specific characteristics
of each unit and are aligned with the goals set forth in Stratasys&rsquo; annual operating plan and long-range plan; and</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 35.7pt; text-indent: -17.85pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 24px"></TD><TD STYLE="width: 24px; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Up
to 20% &mdash; quantitative and qualitative individual performance criteria, which are based on specific pre-defined competencies and
behaviors as well as the achievement of specific pre-defined goals determined for each individual executive officer.</FONT></TD>
</TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">When determining the allocation of these criteria,
the Committee and the Board will consider (on the basis of the recommendations of the CEO (with respect to executive officers other than
the CEO)): (i)&nbsp;emphasizing the high level of accountability to overall Company performance and financial results expected of each
executive officer; (ii)&nbsp;creating a personal link between each executive officer&rsquo;s compensation and the achievement of the corporate
goals; (iii)&nbsp;creating a personal link between each executive officer&rsquo;s compensation and the achievement of business unit goals
under his or her responsibility; and (iv)&nbsp;driving individuals to a high-performance culture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Stratasys&rsquo; CEO&rsquo;s performance will generally
be measured as described below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 3%"></TD><TD STYLE="width: 3%; text-align: left">&#9679;</TD><TD STYLE="text-align: left; width: 94%">Between 80% and 85% &mdash; overall Company performance criteria,
similar to those determined for other executive officers (as stated above), reflecting the importance of the CEO&rsquo;s leadership role
and the CEO&rsquo;s responsibility and contribution, which relate to overall Company performance; and</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 3%"></TD><TD STYLE="width: 3%; text-align: left">&#9679;</TD><TD STYLE="text-align: left; width: 94%">Between 15% and 20% &mdash; discretionary evaluation of the CEO&rsquo;s
performance by the Committee and the Board based on quantitative and qualitative criteria.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Parameters</I></B>: To the extent not already
determined in accordance with the criteria below, annual cash bonus parameters will be determined by the Committee and the Board, as applicable,
on the basis of the recommendations of the CEO (with respect to executive officers other than the CEO), taking into account Stratasys&rsquo;
short- and long-term goals, as well as its risk management policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">(i)&nbsp;<U>Thresholds</U>&nbsp;&mdash; achievement
of less than 80% of an executive officer&rsquo;s performance criteria in a given year (and with respect to the CEO, 85%) will prevent
such executive officer from qualifying for an annual cash bonus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">(ii)&nbsp;<U>Target Bonus</U>&nbsp;&mdash; the target
bonus, which is the annual cash bonus amount that an executive officer will be entitled to receive upon achievement of 100% of his or
her performance criteria, will be equal to 50% to 100% of the executive officer&rsquo;s annual salary as determined by the Committee and
the Board, on the basis of the recommendations of the CEO (with respect to executive officers other than the CEO). The target bonus for
the CEO will be 120% of the CEO&rsquo;s annual salary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">(iii)&nbsp;<U>Maximum Bonus&nbsp;</U>&mdash; the
maximum bonus, which is the maximum annual cash bonus amount that an executive officer will be entitled to receive upon achievement of
at least 120% of his or her performance criteria and considerations for any given calendar year, will not exceed 150% of such executive
officer&rsquo;s annual salary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">(iv)&nbsp;<U>Payout Formula&nbsp;</U>&mdash; the
formula for calculating the annual cash bonus payout at the end of the year shall utilize the target bonus level (which is based upon
achievement of 100% of performance criteria) and the thresholds for payment of minimum (achievement of 80% or, in the case of the CEO,
85%, of performance criteria) and maximum (achievement of 120% of performance criteria) bonus amounts and shall compute the bonus payout
on a linear basis. The formula may result in a partial bonus payout in the event that an executive officer achieves less than 100% (but
not less than 80%, and with respect to the CEO, 85%) of his or her performance criteria.&nbsp; Under the formula, achievement of performance
criteria at the following levels shall result in the following payout levels (as a percentage of target bonus) for all other executive
officers and for the CEO, respectively:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="text-align: center; border-bottom: black 1.5pt solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Percentage&nbsp;of&nbsp;Performance&nbsp;Criteria&nbsp;Achieved</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Percentage&nbsp;of&nbsp;Target&nbsp;Bonus&nbsp;to&nbsp;be&nbsp;Awarded</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>All Other Executive Officers</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CEO</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>All Other Executive&nbsp;Officers</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CEO</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="width: 22%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">80</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 22%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">85</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 22%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">0</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 22%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">0</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">92.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">50</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">50</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">110</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">110</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">125</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">125</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">120</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">120</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">150</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">150</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Notwithstanding the foregoing, the requirement for
the annual cash bonus to be based on measurable criteria shall not apply to executive officers who report directly to the CEO, and the
annual cash bonus for such officers may be based in whole or in part entirely on discretionary evaluation of their performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20.25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">(v)&nbsp;<U>Budget</U>&nbsp;&mdash; the Committee
and the Board may set an annual budget for annual cash bonuses awarded to executive officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 22pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">The annual cash bonus parameters are intended to
drive motivation and performance continuously higher, while the maximum payout ceiling provides a risk management mechanism that protects
Stratasys from excessive risk taking to achieve short-term results that could expose Stratasys to risk in the long term, and aligns target-setting
with the pre-defined risk profile of Stratasys.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">As a condition for entitlement to an annual cash
bonus, an executive officer must be employed at the Company as of the fiscal year-end and must have a period of employment with the Company
of at least six (6)&nbsp;calendar months as of such time, provided that employment for less than a full year as of the fiscal year-end
shall entitle the officer only to a pro-rated portion of the annual bonus that would otherwise be payable on the basis of the officer&rsquo;s
overall compensation. Notwithstanding the foregoing, in the event of an executive officer&rsquo;s termination of service or employment
during the fiscal year, such executive officer may, nevertheless, be entitled, at the Committee&rsquo;s and the Board&rsquo;s discretion,
to a partial cash bonus pro-rated to the portion of the year during which such executive officer was employed by the Company, as shall
be determined by the Committee and Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">In addition to the annual cash bonus, in special
cases, the Committee and the Board, as applicable, may determine that an executive officer is also entitled to other cash bonuses for
completion of a certain achievement or assignment. Such other cash bonuses will also allow Stratasys the flexibility to adapt to unexpected
or unaccounted-for events or occurrences. The conditions for receipt of such other cash bonuses and the method of calculation thereof
will be determined by the Committee and the Board, and to the extent permitted by law, by the Chief Executive Officer, as applicable.
Notwithstanding, the Committee and the Board may grant other cash bonuses for significant or extraordinary achievements or efforts that
produced an exceptional result, based solely on their discretion, provided that the total amount of other (i.e., in addition to annual)
cash bonuses awarded to an executive officer for any given year will not exceed 50% of such executive officer&rsquo;s annual base salary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Equity-Based Compensation</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Purpose</I></B>: Equity-based compensation
is intended to reward for future performance, as reflected by the market price of Stratasys ordinary shares and/or other performance criteria,
and is used to foster a long-term link between executive officers&rsquo; interests and the interests of the Company and its shareholders
as well as to attract, motivate and retain executive officers for the long term by:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Providing executive officers with a meaningful interest in Stratasys&rsquo; share performance;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Linking equity-based compensation to potential and sustained performance; and</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Spreading benefits over time through the vesting period mechanism.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Equity grant determinations:&nbsp;</I></B>Equity-based
awards will generally be granted to executive officers on an annual basis, and at such other times as the Committee and the Board deem
appropriate, on the basis of the recommendations of the CEO (with respect to executive officers other than the CEO), including for newly
hired or promoted executive officers. Notwithstanding the foregoing, the Committee and the Board may determine with respect to a specific
year that no equity-based awards will be granted to all or any particular executive officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Equity-based awards will be granted pursuant to
the Stratasys Ltd. 2012 Omnibus Equity Incentive Plan and/or any other long-term incentive plan(s)&nbsp;that Stratasys may adopt in the
future and generally on terms and conditions provided for therein and as determined by the Committee and the Board on the basis of the
recommendations of the CEO (with respect to executive officers other than the CEO), provided that any such terms and conditions are in
line with the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(a)</B></FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><I>Time-based equity awards</I></B>: Equity-based awards structured as time-based equity-based awards (aimed to reward long-term performance, as reflected by the market price of Stratasys ordinary shares) will include a time-vesting period. Equity-based awards will have an overall exercise term of several years, structured in order to retain executive officers and maintain their commitment to increasing Company and shareholder value over the long term. These types of awards may include stock options and/or restricted stock units.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(b)</B></FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B><I>Performance-based equity awards</I></B>: Equity-based awards structured as performance-based awards will vest upon the achievement of pre-determined performance criteria. The amount of such performance-based awards may also be subject to achievement of such pre-determined performance criteria. Performance measurement periods for performance-based equity awards will be for specified periods that express the long-term performance goals that Stratasys wishes to achieve. Following the performance measurement period, additional time-based vesting requirements may also apply. The vesting criteria for performance-based equity awards will be based on performance criteria, such as financial parameters and/or stock performance parameters, which may be determined as an absolute parameter (<I>e.g.</I>, earnings per share (EPS), total shareholder return (TSR), or stock price) and/or as a parameter that is relative to a peer group (<I>e.g.</I>, ratio of TSR to peer group TSR). These types of awards may include performance stock units and/or market stock units.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>(c)</B></FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Vesting of equity-based awards</I></B>:&nbsp;<FONT STYLE="color: Red"><STRIKE>Generally,
    t</STRIKE></FONT><FONT STYLE="color: Blue"><U>T</U>he&nbsp;<U>minimum</U></FONT><U>&nbsp;</U>vesting period of&nbsp;<FONT STYLE="color: Blue"><U>all
    equity-based awards</U></FONT><U>&nbsp;</U><FONT STYLE="color: Red"><STRIKE>an option award will commence</STRIKE></FONT><STRIKE>&nbsp;</STRIKE><FONT STYLE="color: Blue"><U>to
    be granted to officers will commence (i.e., the first cliff on any given award) at least</U></FONT><U>&nbsp;</U>one year following
    the grant date and <FONT STYLE="color: #00CCFF"><U>each such award</U></FONT> will&nbsp;<FONT STYLE="color: Blue"><U>generally vest
    in full over a period between three to five years subject to achievement of service and/or performance conditions</U></FONT><U>.
    <FONT STYLE="color: #00CCFF">Awards to be granted to directors will generally vest during a period equal to the shorter of the director's
    term of office, or one year, unless otherwise approved by the shareholders</FONT><FONT STYLE="color: Aqua">.</FONT></U><U><STRIKE>,
    <FONT STYLE="color: Red">unless determined otherwise in a specific award agreement approved by the Committee and the Board</FONT></STRIKE></U><FONT STYLE="color: Red"><U>.&nbsp;</U><STRIKE>continue
    on a quarterly basis over the course of the remaining three-year vesting period thereafter until the award is fully vested</STRIKE>.&nbsp;<STRIKE>The
    vesting period for an award of restricted stock units (RSUs) will generally commence two years following the grant date and will
    continue on a quarterly basis over the course of a year vesting period thereafter until the award is fully vested.&nbsp; An award
    of performance stock units (if granted) will generally vest over the course of a three year vesting period from the date of grant.</STRIKE></FONT></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><FONT STYLE="color: Blue"><U>Solely for the sake
of clarity, the above vesting conditions shall not apply to Employee</U></FONT><U>&nbsp;</U><FONT STYLE="color: Red"><STRIKE>Stock&nbsp;</STRIKE></FONT><FONT STYLE="color: Blue"><U>Share
Purchase Plans, which involve deductions from salaries to purchase the Company&rsquo;s shares</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">The target monetary grant date value of executive
officers&rsquo; equity-based grants will be determined by the Committee and the Board, on the basis of the recommendations of the CEO
(with respect to executive officers other than the CEO), taking into account,&nbsp;<I>inter alia</I>, Stratasys&rsquo; pay mix targets,
the desired mix of equity-based vehicles, the executive officer&rsquo;s contribution to Company performance and desired competitive compensation
levels. In concert with establishing the target monetary grant-date value, the Committee and the Board will also determine (on the basis
of the recommendations of the CEO (with respect to executive officers other than the CEO)) the mix of equity-based vehicles for each grant,
which may include various types of time-based and performance-based equity-based vehicles, including, but not limited to, stock options,
restricted stock units, performance stock units, market stock units and/or other share-based awards. The value of each type of equity-based
vehicle will be determined in accordance with accepted valuation and accounting principles, as they apply to the relevant type of equity-based
vehicle. The mix of equity vehicles and the relative weight assigned to each type of equity-based vehicle out of the total equity-based
grant will be structured to enhance the executive officers&rsquo; commitment to increasing Company and shareholder value and will be designed
to encourage balanced and effective business risk-taking. The Committee and the Board may change the allocation and elements of the equity
mix from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Caps on equity-based compensation</I></B>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Equity budget</B>&nbsp;&mdash; the Committee and the Board (on the basis of the recommendations of the CEO (with respect to executive officers other than the CEO)) may set an annual budget for equity-based compensation awarded to executive officers.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Cap at grant date&nbsp;</B>&mdash; the total monetary grant date value of the equity-based compensation awarded to a single executive officer per annum shall not exceed US $6.0M and shall not exceed 80% of each executive officer&rsquo;s total compensation package in a given calendar year, except as otherwise specified in this Policy.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Benefits and Perquisites</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Purpose</I></B>:&nbsp;Benefits and perquisites
increase the economic security of Stratasys&rsquo; employees, including its executive officers, and in doing so, improve employee/ executive
officer retention across the Company and its subsidiaries. As such, it is one component of&nbsp;Stratasys&rsquo; reward management.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Potential categories of benefits:</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">a.</FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The social benefits and other benefits that may be provided to Stratasys&rsquo; executive officers may include any of the following (including gross-up of the benefit value of any of the following for tax purposes):</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(a)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Pension</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(b)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Education fund</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(c)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Severance pay</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(d)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Managers insurance</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(e)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Employer&rsquo;s allocations for 401(k) funds (for US employees)</FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(f)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Medical insurance (general, vision and dental) and life insurance, including with respect to immediate family members</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(g)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Disability insurance</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(h)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Periodic medical examination</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(i)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Leased car or company car (as well as bearing the cost of related expenses or reimbursement thereof), or the value of the use thereof, or transportation allowance</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(j)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Telecommunication and electronic devices and communication expenses, including cellular telephone and other devices, personal computer/laptop, internet, etc. or the value of the use thereof</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(k)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Paid vacation, including, if applicable, the redemption thereof</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(l)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Sick days</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(m)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Holiday and special occasion gifts</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(n)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Recuperation pay</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(o)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Expense reimbursement</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(p)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Payments or participation in relocation and related costs, perquisites and expenses</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(q)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">COBRA (for US employees)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(r)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Change-of-control provisions</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(s)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Loans or advances (to the extent permitted under applicable law)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(t)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Professional or academic courses or studies</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(u)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Newspaper or online subscriptions</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(v)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Professional membership dues or subscription fees</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(w)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Professional advice or analysis (such as pension, insurance and tax)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(x)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Other benefits generally provided to Company employees (or any applicable affiliate or division)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72px">&nbsp;</TD>
    <TD STYLE="width: 48px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">(y)</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Other benefits or entitlements mandated by applicable law</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">Stratasys may also provide to its executive officers other
benefits and entitlements that are part of compensation practices in its industry, relevant geographical location, region of activity
or jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.65pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Relevant factors for determining benefits:</I></B>&nbsp;Social
and other benefits must also take into account the prevailing conditions in the Company&rsquo;s market (&ldquo;<B>benchmarking</B>&rdquo;).
In addition, additional benefits are unique and depend upon the prevailing customs in different countries. Therefore, when the Company
enters into employment agreements with executive officers for positions outside of Israel, such officers may be entitled to receive additional
or fringe benefits according to the prevailing customs and practice in their country of service for executive officers of similar rank
in the countries in which they serve, subject to the limits described in this policy. This country-specific approach is intended to ensure
the competitiveness of the employment terms and conditions offered by the Company relative to its competitors in the relevant countries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Retirement and Severance Arrangements</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt"><B><I>Purpose</I></B>: Depending on the circumstances,
Stratasys may provide certain post-service or post-employment benefits, compensation or protection to its executive officers, which helps
it to attract, motivate and retain highly talented professionals globally for long-term leadership positions, and express recognition
of such executive officers&rsquo; contribution to Stratasys during their tenure with the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt"><B><I>General</I></B>: In determining whether
to offer retirement or termination of service or employment arrangements, the Committee and Board may consider the circumstances surrounding
such retirement or termination, the term of service or employment of the executive officer, his/her compensation package during such period,
market practice in the relevant geographic location, Stratasys&rsquo; performance during such period and the executive officer&rsquo;s
contribution to Stratasys&rsquo; achieving its goals and maximizing its profits. For example, the Committee and the Board may, at their
discretion, determine not to provide some or any post-service or post-employment benefits, compensation or protection, in the event of
termination for &ldquo;cause,&rdquo; as defined in the applicable arrangement or plan document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt"><B><I>Post-service or employment benefits, compensation
or protection</I></B>: Executive officers&rsquo; post-service or employment benefits, compensation or protection, may include, without
limitation, one or more of the following<B>:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Advance notice</B>: advance notice of termination for a certain period of time, not to exceed 12 months for CEO, and 6 months for other executive officers, during which an executive officer will be entitled to receive full compensation for service or employment and will be required to continue to perform his or her duties, unless otherwise determined by the Company.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Release of severance amounts</B>:
    release of severance amounts <FONT STYLE="color: #00CCFF"><U>statutorily accrued and</U></FONT></FONT><FONT STYLE="font-size: 10pt">&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">accumulated
    in an executive officer&rsquo;s Pension Fund and/or Managers Insurance and/or Provident Fund (the &ldquo;<B>Funds</B>&rdquo;).</FONT></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Severance payment</B>: a severance
    payment of up to the product of 200% of the last monthly base salary and the number of years of employment <FONT STYLE="color: Red"><STRIKE>(less
    severance amounts accumulated in the Funds)</STRIKE>.</FONT></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>COBRA (for US employees):</B>&nbsp;The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives employees (including executive officers) and their families the right to choose to continue group health benefits provided by the Stratasys group health plan for limited periods of time under certain circumstances.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 35.7pt; text-indent: -17.85pt"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Non-compete:&nbsp;</B>up to 12 monthly base salaries (and for the CEO, 24 monthly base salaries) in consideration for the executive officer&rsquo;s undertaking not to compete for at least one year following termination and in the case of the CEO two years. Payments shall cease and Stratasys may reclaim any amounts paid in this regard in the event of a breach of such undertaking (in addition to any other remedies available).</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Change of control</B>: upon termination of service or employment by the Company without &ldquo;cause&rdquo; or by the executive officer for &ldquo;good reason&rdquo;, one year or less following a merger,&nbsp;<U>a package of&nbsp;</U>up to $1 million. Such &ldquo;double-trigger&rdquo; arrangements enable management to evaluate and support potential transactions that might be beneficial to shareholders even though the result would be a change of control of Stratasys, while attempting to alleviate any uncertainties in connection therewith. The limit set in this paragraph shall not apply in the context of payments that may be made pursuant to the negotiated terms of a merger or acquisition by the Company.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="width: 94%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>Discretionary payment</B>: for executive officers who have served at the Company for five years or more, in special circumstances determined by the Committee and the Board (which may be based on the recommendations of the CEO (with respect to executive officers other than the CEO)), a special one-time payment upon retirement or termination in an amount not to exceed 200% of the annual base salary, in acknowledgment of their special contribution to the Company and circumstances of retirement or termination, as determined by the Committee and the Board no earlier than a reasonable time prior to retirement or termination of their service or employment.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt"><FONT STYLE="color: #00CCFF"><U>Notwithstanding anything to the contrary
in the foregoing provisions, the executive officers&rsquo; severance payments and other post-service or employment benefits described
in the immediately foregoing bullet points entitled &ldquo;Severance payment&rdquo;, &ldquo;Non-compete&rdquo;, &ldquo;Change of control&rdquo;
and &ldquo;Discretionary payment&rdquo; (but excluding statutorily accrued severance payments referred to under the foregoing bullet
point &ldquo;Release of severance amounts&rdquo;) shall not cumulatively exceed the product of twenty-four (24) and the executive officer's
last monthly base salary.&nbsp;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt"><B><I>Committee and Board Discretion</I></B>:
The Committee and the Board may determine that any or all post-service or employment benefits, compensation or protection (as well as
any portion thereof) will be granted in consideration for and/or conditioned upon or subject to the fulfillment of one or more conditions
or undertakings (<I>e.g.</I>, confidentiality and/or non-compete obligations).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt"><B><I>Exceptional Matters:</I></B>&nbsp;The above
limitations shall not apply (a)&nbsp;if otherwise mandated by the labor law of the jurisdiction in which the executive officer is employed
by the Company, or (b)&nbsp;in such cases that an executive officer has joined the Company by virtue of a corporate transaction such as
an acquisition, merger or similar transaction, and the compensation of said officer is either based on past practice prior to the consummation
of said transaction or has been set in connection with said transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>External and Internal Considerations</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt"><B><I>External benchmarks</I></B>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD STYLE="width: 24px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Companies of similar size or financial characteristics in North America,&nbsp;Israel and Western Europe;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
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    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Industry peers in North America,&nbsp;Israel and Western Europe;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Companies in relevant geographic locations that compete with Stratasys for similar talent.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">In addition, the Committee may collect data with
respect to specific locations regarding certain compensation elements, as well as other published data, when appropriate, for comparable
competencies. While the total compensation package for executive officers at Stratasys is generally targeted competitively with Stratasys&rsquo;
peer group, individual compensation packages may vary as they are designed to be flexible so that compensation best reflects the individual&rsquo;s
experience, performance, and geographic location, and the business need to attract and retain specific talent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Reasonableness within the Organization</I></B>:
In addition to external benchmarking, the Committee and the Board may periodically review relevant internal ratios between executive officers&rsquo;
compensation and the compensation of all other employees, and specifically the average and median values of all other employees&rsquo;
compensation, and its potential effect on the work relations within Stratasys. As a global company, with complex world-wide operations,
Stratasys positions its executive officers&rsquo; compensation on a competitive scale commensurate with each executive officer&rsquo;s
role and responsibility. Where deemed appropriate by the Committee and the Board, the Committee and the Board may review internal ratios
between executive officers and employees in relevant geographies as well.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Previous and existing compensation arrangements</I></B>:
When considering the compensation package of an executive officer, the Committee and the Board may consider the previous and existing
compensation arrangements of such individual and his or her scope of responsibility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>General Discretion and Clawback</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>General Discretion</I></B>: This policy is
not intended and should not be interpreted as providing for the grant or creating an obligation on the part of the Company to grant any
compensation to all or any particular executive officers or directors. Hence, the Committee and the Board may, at their sole discretion,
approve compensation terms which are lower than the thresholds and benchmarks described herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Measurable Criteria</I></B>: To the extent
that the Israeli Companies Law requires the utilization of measurable criteria and considerations in a particular determination of compensation
of an executive officer or director, any reference in this policy to &ldquo;performance criteria&rdquo; or to a similar expression that
is relevant to the relevant compensation-related determination shall be deemed to refer to measurable performance criteria or considerations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Reduction of variable compensation</I></B>:
The Committee and the Board have the right to reduce any variable compensation to be granted to an executive officer due to circumstances
determined by the Committee and the Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Clawback</I></B>: Stratasys&rsquo; executive
officers are required to return any compensation paid to them on the basis of data included in financial statements that turned out to
be erroneous and was subsequently restated, during the three year period following filing thereof with the U.S. Securities and Exchange
Commission or such other regulatory authority to which the Company provides such financial information. In such case, compensation amounts
will be returned net of taxes that were withheld thereon, unless the executive officer has reclaimed or will reclaim such tax payments
from the relevant tax authorities (in which case the executive officer will also be obligated to return such tax amounts).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Notwithstanding the foregoing, in the event that
it is discovered that an executive officer engaged in conduct that resulted in a material inaccuracy in Stratasys&rsquo; financial statements
or caused severe financial or reputational damage to the Company, or in the event that it is discovered that an executive officer breached
confidentiality and/or non-compete obligations to Stratasys (as determined by the Committee and the Board), the Committee and the Board
shall have broad remedial and disciplinary authority. Such disciplinary action or remedy would vary depending on the facts and circumstances,
and may include, without limitation, (i)&nbsp;termination of employment, (ii)&nbsp;initiating an action for breach of fiduciary duty,
and (iii)&nbsp;seeking reimbursement of performance-based or incentive compensation paid or awarded to the executive officer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">The Committee and the Board will determine applicable
terms to enforce repayment of clawback amounts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Directors&rsquo; Compensation</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Objectives</I></B>: Stratasys aims to attract
and retain highly talented directors with the appropriate educational background, qualifications, skills, expertise, prior professional
experience and achievements, by providing a competitive compensation program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Elements</I></B>: Directors&rsquo; compensation
is comprised of the following elements:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD STYLE="width: 24px"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Annual fee</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Blue"><U>Committee service
    fee</U></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<FONT STYLE="color: Red"><STRIKE>Per-meeting
    fee</STRIKE></FONT></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Equity grant</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">Stratasys Chairman of the Board and Chairman of&nbsp;<FONT STYLE="color: Blue"><U>any</U></FONT><U>&nbsp;</U><FONT STYLE="color: Red"><STRIKE>the
Executive</STRIKE></FONT><U>&nbsp;</U><STRIKE>C</STRIKE><U>c</U>ommittee of the Board, as well as any other directors that take on increased
duties in the activities of the Company, may be paid increased annual fees,&nbsp;<FONT STYLE="color: Red"><STRIKE>in lieu of or</STRIKE></FONT>&nbsp;supplemental
to the&nbsp;<FONT STYLE="color: Blue"><U>ordinary annual</U></FONT><U>&nbsp;</U><FONT STYLE="color: Red"><STRIKE>per-meeting&nbsp;</STRIKE></FONT>fees,
in recognition of the increased duties imposed on them, subject to statutory requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt">In addition, Stratasys will reimburse or cover
its directors for certain expenses (including travel expenses) incurred in attending Board and committee meetings or performing other
services for Stratasys in their capacity as directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt">When considering directors&rsquo; compensation,
the Committee and the Board may review benchmarking data with respect to compensation of a peer group defined by the Company. In addition
to benchmarking, the Committee and the Board may review relevant internal ratios between directors&rsquo; compensation and the compensation
of all other employees, and specifically the average and median values of all other employees&rsquo; compensation, as well as the potential
effect on the work relations in Stratasys. The Committee and the Board may also consider directors&rsquo; previous and existing compensation
arrangements, as well as changes in their scope of duties or responsibilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 18pt"><B><I>Statutory requirements</I></B>: Regulations
promulgated under the Israeli Companies Law set minimum and maximum amounts and other rules&nbsp;regarding compensation that may be paid
to external directors and other designated independent directors. These regulations further provide that the compensation of these independent
directors may be determined relative to that of other directors of the Company, as may be the case with Stratasys&rsquo; external directors
and other designated independent directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Directors&rsquo; and Executive Officers&rsquo; Insurance,&nbsp;Indemnification
and Exemption</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt"><B><I>Elements</I></B>: Stratasys will exempt
its directors and executive officers from liability and provide them with indemnification to the fullest extent permitted by law and its
Articles of Association, and will provide them with indemnification and release agreements providing for same. In addition, Stratasys&rsquo;
directors and executive officers will be covered by Stratasys&rsquo; directors&rsquo; and officers&rsquo; liability insurance policies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 17.85pt">The Committee and the Board may review, from
time to time, Stratasys&rsquo; indemnification and release agreements in order to ascertain whether they provide appropriate coverage.
However, the Committee and the Board will not be obligated to recommend amendments to the Company&rsquo;s Articles of Association or to
its indemnification and release agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 21.3pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 21.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 21.3pt"><B><I>D&amp;O liability insurance (Claims Made)</I></B>:&nbsp;
The coverage provided by Stratasys to its directors and officers (including executive officers subject to this compensation policy) under
its Directors&rsquo; and Officers&rsquo; Liability Insurance policies will be subject to the following terms (any of which may be exceeded
by an amount that constitutes no more than five percent (5%) of the relevant limit amount without being deemed to deviate from this policy):
(i) the coverage&mdash; both per claim and in the aggregate&mdash; will be no more than $100,000,000, as well as up to $60,000,000 for
any Side A policy covering directors and officers individually; (ii) the coverage, including the limit of liability, the premiums and
the deductibles, and each extension or renewal of such coverage, shall be approved by the Committee (and, if required by law, by the Board)
which shall determine that (x) the total amount of the coverage is reasonable considering Stratasys&rsquo; exposures, the scope of coverage
and the market conditions, and (y) the amounts of the premiums and the deductibles for such insurance coverage reflect then-current market
conditions and shall not materially affect Stratasys&rsquo; profitability, assets or liabilities; and (iii) any renewal, extension or
substitution will be for the benefit of the Company&rsquo;s and its subsidiaries&rsquo; officers and directors and will otherwise be on
terms substantially similar to or better (from the perspective of the coverage afforded to directors and officers) than those of the then-effective
insurance policy, as market conditions may then allow.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 21.25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 21.25pt"><B><I>D&amp;O liability insurance (Run-off)</I></B>:
Should the Company sell its operations (in whole or in part) and/or in case of a merger/sale, spin-off or any other significant business
combination involving the Company and/or part or all of its assets, the Company may obtain a D&amp;O liability insurance policy (run-off)
for executive officers and directors in office with regard to the relevant operations, subject to the following terms and conditions:
(a) the insurance term shall not exceed seven years; (b) the coverage amount will be no less than the limit afforded under the then-effective
D&amp;O liability insurance policy, both per claim and in the aggregate; and (c) the amounts of the premiums and the deductibles for such
insurance coverage will reflect then-current market conditions and shall not materially affect Stratasys&rsquo; profitability, assets
or liabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 21.25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 21.25pt"><B><I>D&amp;O liability insurance (Public Offerings)</I></B>:
The Company may extend the insurance policy for Office Holders in place to include coverage for liability pursuant to a future public
offering of securities. The additional premium for such extension of liability coverage shall reflect then-current market conditions and
shall not materially affect Stratasys&rsquo; profitability, assets or liabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 21.25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">* * * * * *</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">12</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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