Start Time: 08:30 January 1, 0000 9:31 AM ET Logitech International S.A. (NASDAQ:LOGI) Q2 2022 Earnings Conference Call October 26, 2021, 08:30 AM ET Company Participants Bracken Darrell - President and CEO Nate Olmstead - CFO Nicole Kenyon - Head of Global Corporate and Employee Communications Conference Call Participants Asiya Merchant - Citigroup Paul Chung - JP Morgan Ananda Baruah - Loop Capital Jürgen Wagner - Stifel Joern Iffert - UBS Andreas Mueller - ZKB Tom Forte - DA Davidson Serge Rotzer - Credi ...

Financial Performance - Q2 FY2022 - Net sales increased by 2% (CC) to $1.31 billion, marking a record for Q2[5] - Gross margin was 42%, aligning with the company's long-term target range of 39%-44%[5] - Operating profit reached $211 million, reflecting strategic investments to support growth[5] - Cash flow from operations was negative $63 million, while $279 million was returned to shareholders through dividends and share repurchases[5] - Earnings per share was $1.05[8] Sales Growth and Regional Performance - Net sales reached $1,306 million, a 4% increase year-over-year (Y/Y), or 2% in constant currency (CC)[7, 10] - Americas net sales was $542 million[12] - EMEA net sales was $399 million[12] - Asia Pacific net sales was $365 million[12] - Sell-through growth was 15%[12] Investments and Expenses - Operating expenses increased to $337 million, representing 25.8% of sales, up from 17.6% in Q2'21[7] - Sales and marketing (S&M) expenses rose by 66%[15] - Research and development (R&D) increased by 29%[15] Product Category Performance - Pointing Devices grew by 10% (CC)[11] - Keyboards & Combos grew by 15% (CC)[11] - Gaming increased by 9% (CC)[11] - PC Webcams decreased by 9% (CC)[11] - Video Collaboration sales decreased by 4% (CC)[11] Sustainability Initiatives - The company is committed to carbon neutrality this year and net-zero emissions by 2030[3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Logitech International S.A. EPFL - Qua ...

Financial Data and Key Metrics Changes - Net sales grew 58% in constant currency, with profits doubling compared to the previous year [21][26] - Non-GAAP gross margin was 43.8%, up 460 basis points year-over-year, although down from a record level in Q4 [25][26] - Operating profit doubled year-over-year to $235 million, with operating margins at 17.9%, up 310 basis points from the prior year [26] Business Line Data and Key Metrics Changes - PC peripherals category saw a 49% growth in Q1, driven by better availability and a broad portfolio of differentiated products [21][22] - Video collaboration sales increased 72%, with sell-through nearly doubling compared to last year [24] - Gaming sales rose 76%, with double-digit growth across all gaming categories [24] - Tablet sales increased by 66%, while audio and wearable sales rose 57% [25] Market Data and Key Metrics Changes - Sales in the Americas and Asia Pacific remained strong, while EMEA sales declined double digits compared to a record Q4 [24] - Webcam sales grew 73% in the quarter, despite moderating after more than tripling last year [23] Company Strategy and Development Direction - The company is focusing on long-term trends such as gaming, streaming, hybrid work, and video collaboration, which have accelerated during the pandemic [31] - Continued investment in marketing and product development is aimed at driving brand awareness and preference [26][56] - The company is exploring new categories and maintaining a dynamic approach to innovation [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the video collaboration business and the overall growth potential in gaming [38][41] - The operating environment remains choppy, with varying reopening timelines across regions [16][31] - The company confirmed its fiscal year '22 outlook of flat sales growth in constant currency, plus or minus 5% [29] Other Important Information - Cash flow from operations was negative $115 million in Q1 due to tactical inventory investments and a one-time tax payment [27] - The company spent $55 million on share repurchases in the quarter [28] Q&A Session Summary Question: Video collaboration segment outlook given EMEA softness - Management maintains a double-digit growth outlook for the video collaboration segment, despite recent softness in EMEA [35][37] Question: Inventory build-up and market share gains - The company gained share across most categories due to supply availability and a strong product lineup [40][42] Question: Gaming product mix and momentum - All segments within the gaming business showed growth, with a strong product portfolio driving market share gains [51][52] Question: Gross margin caution despite pricing power - Management expects gross margins to remain in the range of 39% to 44%, citing several near-term pressures [70][71] Question: Impact of improved notebook camera systems on webcam business - The installed base of PCs presents a significant opportunity, and the company plans to continue innovating in the webcam market [72] Question: Seasonality expectations for Q2 - Typical seasonality may not apply this year, but management is prepared for a good back-to-school season [75][84]

Q1 Fiscal Year 2022 Financial Results July 26, 2021 logitech® | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2021 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number: 0-29174 LOGITECH INTERNATIONAL S.A. (Exact name of registrant as specified in its charter) Canton of Vaud, Switzerland None (State or o ...

Financial Data and Key Metrics Changes - Logitech reported fiscal year 2021 sales of $5.3 billion, a 74% increase year-over-year, exceeding the revised guidance of 63% growth [17] - Non-GAAP operating income more than tripled to over $1.27 billion, surpassing the previous outlook of $1.1 billion [17] - Non-GAAP gross margin reached 44.8%, up over six percentage points from the previous year, primarily due to lower promotional spending [18] Business Line Data and Key Metrics Changes - PC peripherals sales increased over 50% to $1.9 billion, driven by heightened demand for premium products during the pandemic [10] - Video collaboration sales almost tripled to over $1 billion for the first time, with significant growth in both conference room and personal collaboration products [13] - Gaming category sales rose 77%, with broad-based growth across all gaming segments [14] - Tablet and accessories sales increased nearly 3X, with tablet keyboards for education up over 7X [15] Market Data and Key Metrics Changes - The company noted a significant increase in hybrid work arrangements, with an internal survey suggesting a 2X to 3X increase in remote work [12] - The demand for video-enabled workspaces is expected to grow as companies adapt to hybrid work models [8] Company Strategy and Development Direction - Logitech's long-term strategy remains unchanged, focusing on video collaboration, gaming, and PC peripherals, with an emphasis on environmental sustainability [8] - The company is committed to increasing awareness of its premium products and expanding its market presence through strategic investments in marketing and innovation [10][19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong demand trends and the potential for sustained growth in various product categories [22] - The company anticipates some downward pressure on gross margins due to increased promotional activities in FY 2022, but expects a favorable product mix to help offset this [18] Other Important Information - Logitech announced an increase in its share buyback authorization from $250 million to $1 billion and proposed a 10% increase in its dividend [24] - The company is actively investing in environmental sustainability and diversity initiatives [9] Q&A Session Summary Question: What are the growth levers for the next five years? - Management highlighted the realization of video calling as essential and the need for video-enabled offices as key growth drivers [28] Question: How is the return on marketing spend being tracked? - Management discussed different types of marketing and expressed confidence in the impact of their recent campaigns, including the Super Bowl campaign [30][32] Question: What is the visibility into the next couple of quarters? - Management indicated good visibility for the current quarter but acknowledged that visibility decreases for future quarters due to market dynamics [38] Question: How does the company plan to manage component shortages? - Management stated that they have been managing component availability well and are prepared for potential challenges in the supply chain [48][49] Question: What is the company's approach to capital allocation and M&A? - Management clarified that the increase in buyback authorization does not indicate a decrease in M&A ambitions, as they continue to explore opportunities [56]

Financial Highlights - Q4 FY2021 - Sales increased by a record 108% (CC) to $1.54 billion[4] - Gross margin expanded to 46.6%[4] - Operating profits increased more than fourfold to $325 million[4] - Cash flow from operations was $530 million, up from $101 million last year[4] Financial Highlights - Fiscal Year 2021 - Sales up 74% (CC) and over $2.2 billion versus the prior year[5] - Gross margin increased to 44.8%[5] - Operating profits more than tripled to $1.27 billion[5] - Cash flow from operations reached an all-time high of $1.46 billion, up from $425 million last year[5] Category Performance - Fiscal Year 2021 - Creativity & Productivity (C&P) sales exceeded $2 billion[5] - Video Collaboration sales exceeded $1 billion[5] - Gaming sales exceeded $1 billion[5] Fiscal Year 2022 Outlook - Non-GAAP operating income is raised to $800-850 million (versus prior $750-800 million)[5] - Sales growth is maintained at flat +/- 5% (CC)[5]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number: 0-29174 LOGITECH INTERNATIONAL S.A. (Exact name of registrant as specified in its charter) Canton of Vaud, Swi ...

Logitech International S.A. (NASDAQ:LOGI) Q3 2021 Results Earnings Conference Call January 19, 2021 8:30 AM ET Company Participants Ben Lu - Vice President, Investor Relations Bracken Darrell - President and Chief Executive Officer Nate Olmstead - Chief Financial Officer Conference Call Participants Joern Iffert - UBS Paul Chung - J.P. Morgan Alex Duval - Goldman Sachs Erik Woodring - Morgan Stanley Asiya Merchant - Citigroup Serge Rotzer - Credit Suisse Tom Forte - D.A. Davidson Andreas Mueller - Zurcher K ...