OPERATIONS

PRAKASH ARUNKUNDRUM MARCH 2021

FORWARD-LOOKING STATEMENTS

This presentation includes forward-looking statements within the meaning of the U.S. federal securities laws, including, without limitation, statements regarding: our ability to achieve sustainable and profitable growth, our leverage, the effect of sustainability on our business and shareholder returns, our sustainability roadmap, including our energy and climate goals, our roadmap supporting 1.5°C, and our PCR goals. These statements are subject to risks and uncertainties that may cause actual results and events to differ materially, including without limitation: if our product offerings, marketing activities and investment prioritization decisions do not result in the sales, profitability or profitability growth we expect, or when we expect it; if we fail to innovate and develop new products in a timely and cost-effective manner for our new and existing product categories; if we do not successfully execute on our growth opportunities or our growth opportunities are more limited than we expect; the effect of pricing, product, marketing and other initiatives by our competitors, and our reaction to them, on our sales, gross margins and profitability; if our products and marketing strategies fail to separate our products from competitors' products; if we are not able to maintain and enhance our brands; the COVID-19 pandemic and its potential impact; if we do not fully realize our goals to lower our costs and improve our operating leverage; if there is a deterioration of business and economic conditions in one or more of our sales regions or product categories, or significant fluctuations in exchange rates; changes in trade policies and agreements and the imposition of tariffs that affect our products or operations and our ability to mitigate; risks associated with acquisitions; the effect of changes to our effective income tax rates. These and other risks and uncertainties are detailed in Logitech's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended March 31, 2020 and its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2020, available atwww.sec.gov, under the caption Risk Factors and elsewhere. Logitech does not undertake any obligation to update any forward-looking statements to reflect new information or events or circumstances occurring after the date of this presentation.

OUR OPERATIONS ARE DIVERSE, GLOBAL, AND RESILIENT

DELIVERING SUSTAINED PROFITABLE GROWTH

Diverse Portfolio

High Quality

High Leverage

$

$

Enabling growth cost optimized

Global SuppliersGlobal ManufacturingGlobal DistributionCustomers &

Channels

Thousands of parts Hundreds of major suppliersOwned & outsourced Large volume; 5 SKUs/SecReaching 80+ countries 200K M3 shipped per yearMillions of consumers Direct, disti, B2B, .com

3

WE HAVE MANAGED THROUGH

CHALLENGING HEADWINDS

Market Trends

Disruptions

Rapid shift to eTail

COVID shutdowns in retail, factory, and ports

Enterprise customers

+

Semi shortages

+

Faster product launches

Freight capacity

Major Demand Surge

Deglobalization

US/China tariffs

WE DELIVERED INCREDIBLE RESULTS DESPITE COVID

  • ● 80% (CC) growth in net sales in Q3'21, ramp from a full shutdown in Mar 2020

    • ● Increased manufacturing capacity rapidly to meet demand surge

  • ● Shipped 2X peak volume

    • ● 30% of production automated

  • ● Increased air, rail, fast boat, sea modes by 2X to fulfill demand

  • ● Increased direct-to-customer and .com capabilities

  • ● Delivered 40 new products on top of high-demand products with COVID travel restrictions

Note: Sales growth is in constant currency (CC).

OPERATIONAL CAPABILITIES ARE

A COMPETITIVE ADVANTAGE

Speed & Analytics Horsepower

  • ● Rapid state-of-the-art supply demand analytics

  • ● Early read on supply; long-standing sourcing relationships

  • ● COVID disruption playbook

Manufacturing Know How & Flexibility

  • ● Owned factory

  • ● Factory automation experience

  • ● Production scaling expertise -

    OEM, tariffs, decline/growing

    portfolio

Supply Chain DNA

  • ● Track record handling diversified product category complexity

  • ● Global & diverse

  • ● Flat & adaptive teams

SUSTAINABILITY

OUR ENERGY & CLIMATE ACTIONS

UNITED NATIONS GOALS

FY'21 PROGRESS

  • ● Removed 64,000 tonnes carbon (6% of 2019 baseline)

    Equivalent to 156 million auto miles

  • ● 88% electricity, from renewable energy

Our Roadmap Supporting 1.5°C

202020302050

Design for SustainabilityDesign for Sustainability 100%

Renewable Electricity (RE100)Design for Sustainability Science-based carbon reduction targets (net zero)

CurrentCarbonLevels

POST CONSUMER RECYCLED (PCR) PLASTIC

50 million devices made with PCR by CY'21 50%+ of our mice & keyboards in C&P portfolio will be made with PCR

7,100 tons of virgin plastic eliminated

11,000 tonnes of carbon per year eliminated

ACKNOWLEDGMENTS

CARBON TRANSPARENCY

First consumer electronics company to provide detailed carbon impact labeling on product packaging across the entire portfolio

Carbon is the new calorie

We are empowering consumers with more information on their purchasing choices

Galvanize an industry-wide shift to lower the impact of carbon on the environment

WHY DOES SUSTAINABILITY

MATTER TO YOU?

Brands that are uniquely positioned to demonstrate the business value of sustainability will thrive.

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Logitech International SA published this content on 01 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2021 15:21:06 UTC.