Yes this means it is compatible.
This does not mean however that board is up-to-date bios wise. Just that the boards bios will recognize the 2xxx series chips (which yours is one of) will recognize it, boot and allow you to load an OS. You should however once you have your OS loaded look for a bios update or have already downloaded an update for your board from MSI. This will make sure you are current with any changes that may enhance stability, performance and features. Depending on the board and options for downloading and installing a bios you may have options to update that bios before loading an OS too. The MSI support site should have plenty of documentation for this, if not Google is your friend.
Good luck and enjoy your new hardware! Nice stuff!