Logitech International S A : FY22 IMPACT REPORT

DESIGNING A POSITIVE FUTURE

FY22 IMPACT REPORT

Defying the logic of the past to create a more equitable and climate positive world.

FY22 IMPACT REPORT	2

CONTENTS

INTRODUCTION

04 Statement from Bracken Darrell

1. FY22 Highlights

1. Our Company

1. Logitech in Figures
2. Our Approach

1. Our Values

1. Stakeholder Engagement

1. Materiality Assessment

PLANET

1. Statement from Prakash Arunkundrum

1. Climate Action

1. Forestry and Biodiversity

1. Carbon Clarity

1. Design for Sustainability (DfS)

1. Responsible Packaging

1. Avoiding Targeted Substances

1. Circularity

1. Responsible Production

PEOPLE

1. Statement from Kirsty Russell

1. Social Impact

1. Diversity, Equity and Inclusion

1. Charitable Investment

1. Talent Development

1. Ethics

1. Privacy and Security

1. Responsible Sourcing of Minerals

1. Human Rights and Labor

1. Employee Safety, Health and Well-being

1. Supplier Development

ABOUT THIS REPORT

1. About this Report

1. Data

1. Endnotes

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CONTENTS

INTRODUCTION

PLANET

PEOPLE

ABOUT

THIS REPORT

DESIGNING A POSITIVE FUTURE

The greatest impact you can have in life is to unleash the potential of others. In Logitech's case, our purpose is to design possibilities that extend human capability by helping ALL people pursue their passions and doing so in a way that is good for people and planet.

The pursuit of passion and potential are our direct and inspirational goals. We built the values of equality and environment directly into our mission statement (enable ALL people to pursue their passions in a way that is good for the planet). These values, equality and environment, are core to who we are as an organization and drive our actions daily. In a particularly demanding year with the war in Ukraine, an ongoing pandemic that continues

to impact our lives and our operations, and racial inequalities that polarize communities, it became even more crucial to create meaningful change.

We understand that these are complex issues and that we, humanity, can only be successful if we are part of the larger collective effort if we hope to make significant progress.

We intentionally refer to this year's report as our Impact Report to reflect our expanded commitment and approach to measuring impact and progress.

Both inside and outside the company, we have enhanced visibility around our impact on climate, biodiversity, social, and environmental issues. It is our intention to not only understand our impact, but also to develop capabilities and partnerships

to improve the positive, eliminate or address the negative, and report our progress. Transparency is a key component of our approach and this report strives to reflect that.

The sustainability standards set forth in the Responsible Business Alliance (RBA) Code of Conduct have guided us for over a decade. We continue to hold ourselves accountable to the highest environmental, social, and governance standards in the industry, our goals adhere to the Science-Based Targets Initiative (SBTi) and are aligned to the 1.5°C Paris Agreement. As a signatory to the United Nations Global Compact (UNGC), we are committed to the Sustainable Development Goals (SDGs).

We reaffirm our support for the Ten Principles of the UNGC in the areas of Human Rights, Labor, Environment, and Anti- Corruption. This Impact Report includes a description of our actions to continually improve the integration of the UNGC and its principles into our business strategy, culture, and daily operations.

EQUALITY

Underrepresented groups have lived too long in an unfair world. While we have grown in prosperity and human opportunity collectively, it's never been equal nor equitable. In fact, it's been disproportionately unfair to underrepresented groups at a cost to all of us in so many ways including direct growth and creativity. We've stepped up our efforts to address injustice and create a more equitable world by advancing our commitments. Diversity, Equity & Inclusion goals are

in place, and we are actively working to build an inclusive and psychologically safe environment for all employees. Like virtually every company, we are not there yet and there is still much work ahead. But we are committed.

Our supplier diversity program continues to make headway. With 6% of our spending in the Americas and 4% globally coming from diverse suppliers, we are continuously adding new diverse suppliers to our diverse supplier base. More than 140 new suppliers have been added this year alone in the Americas.

This number will increase rapidly over the next several years.

Our Logitech Cares Donor Advised Fund (DAF) for charitable grants, which is sponsored by the Tides Foundation, also continues to accelerate pace.

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CONTENTS

INTRODUCTION

PLANET

PEOPLE

ABOUT

THIS REPORT

More than $4.4M was contributed by Logitech through our DAF and combined business giving, through partnerships with organizations such as AbleGamers, GLAAD, Girls Who Code, and others that focus on creating positive social impact. This year, we made the largest one-time donation in Logitech's history, $2M to Oxygen for India to support the distribution of oxygen cylinders and concentrators to help those in need.

ENVIRONMENT

For centuries, companies like ours have experienced continued growth at the expense of unintended consequences that impact our planet's health.

It's time to take urgent action, raise awareness and address the climate crisis that is impacting humanity's future.

Because it's work that cannot wait, we took action in 2021 to become certified carbon neutral across our entire product portfolio, operations and value chain (Scope 1, 2, and 3). However, stopping at neutrality is not an option for us. Even though we were recognized

as Europe's #1 Climate Leader

this year, our ambition is to go further and become climate positive over the next ten years. Our intent is to remove more carbon than we create and we will not consider our plans adequate until we are there.

We also made strides in advancing our multi-year program to rescue plastics bound for landfill and placed a larger dent in our efforts to truly enable a circular supply chain. One in three products is now made with recycled plastic, which eliminates the need for more than 8,000 tons of virgin plastic. This equates to an estimated 19,000 tons of CO2e saved across our portfolio's lifecycle

• the equivalent of an average passenger vehicle driving 1,740 times around the Earth.

We continue to hold ourselves accountable for reducing our product carbon footprint and advancing our carbon labeling program. Each quarter, we are adding more products to retail shelves that are labeled with a product carbon footprint. And increasingly stepping out publicly as a thought leader and policy influencer supporting carbon disclosure and labeling. We

will continue to advocate with

policy-makers, build coalitions with other companies, and speak out both internationally and in our communities in support of climate-related initiatives.

ACKNOWLEDGING OUR

ACTIONS & GOING FORWARD We are grateful to be recognized for our accomplishments this year. We retained our listing on the Dow Jones Sustainability(™) Index for Europe. The Financial Times ranked us #1 in Europe for achieving the greatest reduction in greenhouse gas emission intensity. The inaugural "World's Top Female-FriendlyCompanies" published on Forbes placed us on their exclusive list. And the Global Child Forum ranked us as a leader who has taken concrete steps to move beyond policies to embed children's rights into company practice. While these achievements are gratifying, they only show how much work there is to do. Despite the accolades, we know we have so much more progress to make.

The secret to what we have accomplished and delivering way beyond is our people - empowering them to make decisions quickly, encouraging

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