#1logitech LOGITECH ANALYST AND INVESTOR DAY MARCH 3, 2022#2AGENDA STRATEGY & OUTLOOK VIDEO COLLABORATION CREATIVITY & PRODUCTIVITY GAMING STREAMERS & CREATORS OPERATIONS & SUSTAINABILITY FINANCIALS 4 14 55 77 95 112 131 logitech®#3FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements within the meaning of the U.S. federal securities laws, including, without limitation, statements regarding: our growth strategy and outlook; trends, opportunities and implications in Video Collaboration, Gaming, Creativity & Productivity, and Streamers & Creators; our future in metaverse; our sustainability commitments, climate positive strategy and sustainability goals; growth opportunities, challenges, capital allocation strategy, fiscal year 2022 outlook, fiscal year 2023 outlook, fiscal year 2023 market growth expectations, our long-term model, and related assumptions. F10 202 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 demand variability, supply shortages, and other supply chain challenges; 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 we are not able to maintain and enhance our brands; if our products and marketing strategies fail to separate our products from competitors' products; the COVID-19 pandemic and its impact; our expectations regarding economic conditions in international markets, including China, Russia and Ukraine; macroeconomic, geopolitical, and other challenges and uncertainties globally as a result of the current armed conflict between Russia and Ukraine; if we do not efficiently manage our spending; 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 regulations, policies and agreements and the imposition of tariffs that affect our products or operations and our ability to mitigate; risks associated with acquisitions; and the effect of changes to our effective income tax rates. A detailed discussion of these and other risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in Logitech's periodic filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the fiscal year ended March 31, 2021, our Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2021, and our subsequent reports filed with the SEC, available at www.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. NON-GAAP MEASURES To facilitate comparisons to Logitech's historical results, we have included non-GAAP adjusted measures in this presentation, which exclude primarily share-based compensation expense, amortization of intangible assets, acquisition-related costs, change in fair value of contingent consideration for business acquisition, restructuring charges (credits), loss (gain) on investments, non-GAAP income tax adjustment, and other items detailed under "Supplemental Financial Information" in our quarterly earnings press release and posted to our website at ir.logitech.com. We also present percentage sales growth in constant currency ("CC"), a non-GAAP measure, to show performance unaffected by fluctuations in exchange rates. Percentage sales growth in constant currency is calculated by translating prior period sales in each local currency at the current period's average exchange rate for that currency and comparing that to current period sales. Logitech believes this information will help investors to evaluate its current period performance, outlook and trends in its business. For historical financials provided in this presentation, reconciliation between non-GAAP amounts and GAAP amounts is provided on the Investors page of our website, together with this presentation and with our earnings releases. With respect to financial outlook, most of the excluded amounts pertain to events that have not yet occurred and are not currently possible to estimate with a reasonable degree of accuracy. Therefore, no reconciliation to GAAP amounts has been provided for non-GAAP outlook. logitech#4W p wape of mility to referty ere. Mary-Ha-HERTO Spindle Jelgate wa ARC ay wa Pre STRATEGY & OUTLOOK Achieving Strong, Long-Term Growth Bracken Darrell March 2022 O logitech#5PURPOSE To help all people pursue their passions...in a way that is good for the planet. 48-2.9 logitech#6option return shift tob cops lock shift 19 ctri WHY WE'RE HERE ! 1 Q 29 12 @ 2 W 310 43 # 3 E B 14 R C 6 P % 5 T V $ 16 A 6 G B 17 & 7 H logi U N MI 8 J I M ( O + F10 0 P X cmd at WHERE WE PLAY 4 { ? x opt stars 4 ctrl ] g shift delete backspace enter (D) 77- HOW WE WIN 4520 logitech#7Growth Markets WHERE WE PLAY New Markets Exit / Scale Back logitech®#8Design and Innovation Global Go-To-Market HOW WE WIN Operational Excellence Sustainability People & Culture Financial Discipline Marketing logitech®#9GROW CORE CAPABILITIES CONTINUOUSLY, GROW MARKET SHARE TO LEADERSHIP POSITIONS CAPABILITIES CATEGORIES Design and Innovation Operational Excellence WORKSPACE SOLUTIONS Global Go-To-Market People & Culture VIDEO COLLABORATION Financial Discipline Fac GAMING Sustainability Marketing CONTENT CREATION & STREAMING logitech#10WE PLAY IN BIG, ATTRACTIVE MARKET AREAS Video Collaboration ~100M conference rooms, only 10% penetration Creativity & Productivity ~1B workspaces, billions of product sales and upgrade opportunities Gaming 3B+ active gamers loo Streaming & Creating Over 190M content creators worldwide logitech#11DESIGN AND INNOVATION LEADERSHIP DESIGN CULTURE 260+ Awards Over Past 6 years IDA DESIGN AWARDS \כו INTERNATIONAL DESIGN EXCELLENCE AWARDS reddot award winner if DESIGN AWARD 2020 GOOD DESIGN and un 213539 0 ・・・ B Bel K M logi 10:00 AM Blue logitech ART#12OPERATIONAL EXCELLENCE WITH A COMMITMENT TO SUSTAINABILITY LEADERSHIP OPERATION EXCELLENCE COMMITMENT TO SUSTAINABILITY Customer Centric Supply Chain Diversified Manufacturing Resilient Operations Climate Positive Carbon Labeling | Growth Driver logitech#13LEVERAGING STRONG CAPABILITIES TO GROW IN BIG MARKETS Design and Innovation Global Go-To-Market HOW WE WIN Operational Excellence Sustainability People & Culture Financial Discipline Marketing WE PLAY IN BIG, ATTRACTIVE MARKET AREAS Video Collaboration ~100M conference rooms, only 10% penetration Creativity & Productivity ~IB workspaces, billions of product sales and upgrade opportunities Gaming 3B+ active gamers Streaming & Creating Over 190M content creators worldwide logitech#14SAMSUNG VIDEO COLLABORATION Scott Wharton March 2022 logi logitech#15HI 60+ 220+ MARKET TRENDS |||||| ||||||| 11111 |||| |||| logi. WHAT WE'VE DONE WHY WE'RE POSITIONED TO WIN DOAM 91 Mat 2 Emal Shang logitech#16NECI SECTION ONE MARKET TRENDS UPS logitech#174 KEY TRENDS: VIDEO IS TRANSFORMING WORK 8P هلها 1 Video Becoming The Norm 2 088 2 Video Cloud is Dominant 3 Hybrid Work Creates New Opportunities R -5 4 Shift from Products to Systems logitech#18VIDEO VIDEO BECOMING THE NORM 8 LAI 1 Video Becoming The Norm K 2 88 Video Cloud is Dominant 3 Hybrid Work Creates New Opportunities -5 4 Shift from Products to Systems logitech#19EXPLOSION OF NEW VIDEO USERS Blog home > Blog post 2019: When We Exceeded 1 Billion Knowledge Workers By Craig Roth | December 11, 2019 | 0 Comments Information Work Future Of Work Digital Workplace Program Digital Workplace Applications Data And Analytics Strategies Critical Skills And Competency Development Gartner STAMFORD, Conn. June 22, 2021 Gartner Forecasts 51% of Global Knowledge Workers Will Be Remote by the End of 2021 Source: Craig Roth, December 11, 2019, Blog Post at www.blogs.gartner.com Source: Gartner Press Release, "Gartner Forecasts 51% of Global Knowledge Workers Will Be Remote by the End of 2021," June 22, 2021, LINK. logitech#20EVEN BIG, SLOW MOVING VERTICALS ARE USING VIDEO GOVERNMENT B HEALTHCARE F633 EDUCATION logitech®#21% of Rooms Video-enabled 50% 40% 30% 20% 10% 0% Source: Frost & Sullivan Report K5BE-64 PLENTY OF ROOM TO GROW Small Rooms Mid to Large Rooms Total Meeting Room Penetration 2020 2021 (Q1-3) 2026 Classrooms 100M Meeting Rooms and Classrooms <10% are video enabled logitech®#22TOTAL ADDRESSABLE MARKET EXPECTED TO NEARLY DOUBLE TO $10B $10B $5.8B Personal (Headsets, Webcams, Docks) Conferencecams 2021 Personal (Headsets, Webcams, Docks) Conferencecams Mid Decade Logitech estimates based on data from NPD, GfK, and 3rd party research. logitech#232v VIDEO CLOUD IS DOMINANT 87 88 1 Video Becoming The Norm 2 008 Video Cloud is Dominant 3 Hybrid Work Creates New Opportunities -5 [ណ 4 Shift from Products to Systems logitech#24VIDEO CLOUD IS DOMINANT MICROSOFT, ZOOM, AND GOOGLE Have become the dominant players TENCENT AND ALIBABA CHINA Remains a distinct market with higher platform concentration Platform Winners Chart: Primary platform share by business users Others Google Zoom Microsoft ams U.S. Source: Bain & Company estimates. November 2020. Tencent Group Enterprise WeChat Tencent Meeting Alibaba DingTalk China Source: Q4, 2021 QuestMobile, Cloud VC China, WeChat Circle Community" Huawei Welink ByteDance Lark logitech#25MICROSOFT TEAMS DAILY ACTIVE USERS² 120 110 100 90 80 70 60 50 40 30 20 10 MICROSOFT/ZOOM EXPLOSIVE GROWTH HAS SET THE STAGE 0 2017 2018 2Source: Microsoft Company data 2019 2020 2021 ZOOM REVENUE GROWTH Quarterly revenue of Zoom Video Communications¹ $1,200M $1,000M $800M $600M $400M $200M $0 Q1 Q2 Q4 Q3 2019 Q1 Q2 Q3 2020 'Zoom's fiscal year 2022 ends January 31, 2022; Source: Zoom Q4 Q1 Q2 Q3 2021 Q4 $1,021M Q1 '22 Q2 logitech#263H HYBRID WORK BRINGS NEW OPPORTUNITIES 87 1818 1 Video Becoming The Norm 19 2 Video Cloud is Dominant 3 Hybrid Work Creates New Opportunities -5 [ណ 4 Shift from Products to Systems logitech#27HYBRID WORK 5X LARGER THAN PRE-PANDEMIC Source: Global Workplace Analytics 2021+ Pre Covid <5% 25%+ ● WFH (Multiple Days) 75% 95% Location-Based Growing Share of Work From Home (WFH) Chart: % of U.S. Workforce logitech#28JL HYBRID WORK CREATES NEW OPPORTUNITIES Market Trends Consectetur adipiscing elit, sed do eiusmod incididunt ut labore et dolore magna terape aliqua. Lorem i dolor si consectetur adipiscing elit tempor incididunt ut labore et dolore magna aliqua. r sit amet, logitech®#294³ SHIFT FROM PRODUCTS TO SYSTEMS 87 1818 1 Video Becoming The Norm 2 88 Video Cloud is Dominant 3 Hybrid Work Creates New Opportunities [ 5] 4 Shift from Products to Systems logitech#304³ SHIFT FROM PRODUCTS TO SYSTEMS 15 Whiteboard Camera Accessories Remote Management zoom rooms Front Camera Control Hubs Scheduler logitech#314³ SHIFT FROM PRODUCTS TO SYSTEMS Remote Management Keyboard Mouse Webcam Dock Headset logitech#32SYSTEMS APPROACH NEEDED ACROSS ORG 1 11 nt. Meeting Room Workspace 0 Meeting Room Workspace THB DIE Meeting Room Meeting Room logitech®#33MARKET DRIVING MORE INNOVATION, BIG SYSTEM-LEVEL OPPORTUNITIES Video Becoming The Norm Video Cloud is Dominant Hybrid Work Creates New Opportunities Shift From Products To Systems #2 HD 1080p More (and upgraded) video needed The speed of adoption and innovation is increasing These challenges create big new opportunities Increased complexity is driving a need to a Systems Approach OLUT 01.03 logitech#34NECI SECTION TWO WHAT WE'VE DONE logitech#35$1,000 $800 $600 $400 $200 $0 LOGITECH VIDEO COLLABORATION TRIPLED DURING THE PANDEMIC 55% FY13 57% FY14 113% FY15 51% FY16 Note: Figures based on net sales and year-over-year comparisons are in constant currency. Dollars in millions. FY13-FY21 +56% CAGR 43% FY17 40% FY18 44% FY19 YTDQ3FY21 43% FY20 180% FY21 *FY22e YTDQ3FY22 logitech#36COLLABORATION $1.6B WITH RETAIL; POISED TO BECOME THE NEXT $2B CATEGORY $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $0 FY13 Video Collaboration FY14 FY15 FY16 Retail Personal Collaboration FY20-FY22 +67% CAGR FY17 FY18 FY19 Note: Figures based on net sales and year-over-year comparisons are in constant currency. Dollars in millions. Retail Personal Collaboration includes the PC Webcams and PC Headsets categories (PC Headsets is reported as part of Music and Audio) FY20 FY21 FY22e logitech#37Note: Figures based on Synergy Research. IN 2019, #2 IN OVERALL VC SYSTEMS REVENUE 50% 40% 30% 20% 10% 0% Competitor A 15% Logitech 2019 Competitor B Competitor C Competitor D logitech#38FROM SMALL PLAYER TO NEARLY 1/3RD OF OVERALL VC MARKET IN REVENUE logitech® 40% 30% 20% 10% 0% Note: Rounded figures based on Synergy Research. 4% 2016 LOGITECH MARKET SHARE REVENUE 7% 2017 11% 2018 15% 2019 25% 2020 31% 2021 (Q1-Q3) logitech#39IN 2021, TIED FOR #1 OVERALL REVENUE Note: Figures based on Synergy Research. 50% 40% 30% 20% 10% 0% Competitor A 31% Logitech 2019 Competitor B 2021 T Competitor C Competitor D logitech#401 OUT OF EVERY 2 VC ROOMS WW ON LOGI Note: Figures based on Synergy Research. LOGITECH PERCENTAGE OF MEETING ROOM INSTALLS 2021 Q3 Logitech 48% Competitor 1 15% Competitor 2 8% Competitor 3 8% Competitor 4 5% Rest of Market 16% logitech#41WE LEAD ROOM USB/CLOUD INSTALLS, WHERE THE MARKET IS GOING 80% 60% 40% 20% 0% Note: Figures based on Synergy Research. 2016 LOGITECH USB DEVICE MARKET SHARE 2017 2018 2019 2020 2021 (Q1-Q3) logitech#42LOGITECH'S INNOVATION PIPELINE IS ROBUST logi USB-C DISPLAYPORT HOMI POWER logitech®#43RALLY BAR & RALLY BAR MINI logitech®#44SCRIBE: BRINGING THE WHITEBOARD INTO VIDEO MEETINGS topl logitech#45LOGI DOCK: THE PERFECT PRODUCT TO SIMPLIFY THE HOME OFFICE & HYBRID WORK USB-C USB-C D USB-A BAR logitech#46LOGI DOCK: THE PERFECT PRODUCT TO SIMPLIFY THE HOME OFFICE & HYBRID WORK logi logitech#47RIGHTSIGHT 2.0: ADDING AI FOR THE BEST VIEW logitech#48LOGITECH SYNC: RAPID ENTERPRISE ADOPTION 1,200 March, 2020 25,000+ March, 2022 logitech#49ADDING PERSONAL DEVICES FOR LOGITECH SYNC < BACK Rally Bar 110/202 Devices with the latest O 8 D 4) Audio 3 8 Q Bulk device management All groups Firmware Settings Resources Speaker boost Enable Al raams Colfera Enable Al noise suppression 1 US/Califo Current Sn 1 98% Devices with the latest firmware Hostip Rooms with issues in the last 30 days 1 1 * 1 100 120 1 Rooms with occupancy Smit okerts in the last 30 days Buk device m Po Qy Ceme Firmware update available Brio 1.05 +2.00 More Details # Update Remind me in 8 hrs 9 y Sear Uge 6 ● New I 1 i 1640 O 1 Export Report A Wed Dec 21,4 40 50 10:30-11:00 AM Meeting Usage Seat Usage DETAILS > INCIT 28% 90% 1 Por logitech#50LOGITECH SELECT: DISRUPTIVE ARR SERVICES ta % WW Cio logitech#51SECTION THREE WHY WE'RE POSITIONED TO WIN logitech#524³ SHIFT FROM PRODUCTS TO SYSTEMS 15 Whiteboard Camera Accessories Remote Management zoom rooms Front Camera Control Hubs Scheduler logitech#53WE'VE BUILT OUT OUR GLOBAL GO-TO-MARKET TEAM Startup ... AND BUILDING ENTERPRISE SALES... SMALL NUMBER OF VC SPECIALISTS logitech ii ↑↑↑ ÎÎÎÎÎÎÎ € GLOBAL TEAM OF COLLABORATION SPECIALISTS Conglomerate •E•E•E •E•E·G•FF •=•= •=•= ÎÎÎÎ lifi TİTİT •=•=• =•=•E SALES GENERALISTS logitech#54BEST POSITIONED TO WIN Video is here to stay, way more growth ahead 8P 88 3x Tripled category and increased market share Hybrid Work creates challenges (but also opportunities) Logitech is positioned to win 1 움 Largest market share and installed base Complexity requires move to software and systems ...5] With the most innovative portfolio and dedicated GTM logitech®#55CREATIVITY & PRODUCTIVITY Delphine Donne-Crock March 2022 Fashion logitech#56indiv ELL COME BACK We help ALL people create, communicate, learn and work in the digital world. logitech#57OUR C&P CATEGORY WAS GROWING USD GROWING SALES IN A GROWING MARKET WHERE WE'RE GROWING SHARE NET SALES GROWTH +6% LOGI SHARE* 42% FY17 +3% LOGI SHARE* 43% FY18 All data is for cordless and corded: keyboards, combos, mice, trackballs, trackpads, presenters *Source: GFK/NPD +6% LOGI SHARE* 44% FY19 +5% NET SALES CAGR logitech®#582 . books.co logi 3.CD 1 2 0 THEN WE CHANGED OUR APPROACH 000 logi el. O logi 20 O CD logitech®#59. NOW WE DESIGN AROUND EACH AUDIENCE logi 2 logi O logi S logitech®#60. NOW WE DESIGN AROUND EACH AUDIENCE logi 2 logi O logi S XL COME BACK logitech#61OUR "EACH-AUDIENCE" APPROACH UNLEASHES ACCELERATED GROWTH USD GROWING SALES IN A GROWING MARKET WHERE WE'RE GROWING SHARE NET SALES GROWTH +4% Double-digit H2 FY20 sell-thru LOGI SHARE* 46% FY20 +31% LOGI SHARE* 49% FY21 All data is for cordless and corded: keyboards, combos, mice, trackballs, trackpads, presenters *Source: GFK/NPD +25% LOGI SHARE* 50% YTD FY22 + 27% NET SALES CAGR logitech®#62THE FUTURE IS FULL OF OPPORTUNITY + MORE PEOPLE + MORE SPACES + MORE DIGITAL ACTIVITIES & OPPORTUNITIES E.G. METAVERSE logitech#63MACRO TRENDS WILL DRIVE OUR GROWTH AHEAD 1 WORK & LEARN FROM ANYWHERE 2 NEW DIGITAL WORKER & CREATOR JOBS wwwhh 3 CHINA & EMERGING MARKETS 4 WELL-BEING AT WORK logitech®#64OUR CAPABILITIES ALSO DRIVE GROWTH 1 B2B OPPORTUNITY (WIRELESS ADOPTION) 2 SUSTAINABILITY 3 NEW AUDIENCES logitech#65GROWTH UPON GROWTH, WITH LOGI IN THE DRIVER'S SEAT Market today LOGI SHARE GAIN LOGI CAPABILITIES MACRO TRENDS Market tomorrow logitech#66DIFFERENT FOR EACH AUDIENCE 5 WAYS TO TAKE ADVANTAGE OF THE OPPORTUNITY OWN THE PARK PEOPLE-CENTERED INNOVATION Or BRAND & CUSTOMER LOYALTY CHINA & B2B NEXT LIFE PLASTICS From recycled pustics to rew possibilities SUSTAINABILITY logitech#67We're doing it already. Here's how... real logitech#68WHERE THERE'S A WORKSPACE, THERE'S A WORKPLACE HOTDESK/SHARED WORKSPACE IMPACTING OFFICE LAYOUT & DECISIONS PEACE OF MIND & SECURITY FOR THE I.T. MANAGER HOME/REMOTE WORKSPACE THE RIGHT CHOICE FOR EACH EMPLOYEE, ACROSS ALL WORKSPACES DEDICATED OFFICE WORKSPACE logitech#69→logi bolt logitech.com/workdesk LOGI BOLT FOR BUSINESS logitech SECURITY WINS High performance, FIPS-compliant wireless. LOGI BOLT FOR BUSINESS logitech.com/workdesk Logi Bolt USB Receiver ERGO M565 Trackball for Business S BO LA MX Anywhere 3 for Business A- NM 18 ERGO K860 for Business MX Keys Mini for Business MX Master 3 for Business MX Keys for Business NEXT-GEN WIRELESS TECHNOLOGY FULL ENCRYPTION & SECURE & ROBUST CONNECTIONS CONNECT YOUR WAY NEW OPTIONS+ SOFTWARE WORKS WITH ALL OS & SCREENS logitech®#70SIGNATURE M650 WIRELESS MOUSE SIGNATURE M650 C SCROLLS SMARTER. FITS BETTER. SIGNATURE M650 A FIT FOR EVERY HAND SCROLL SMARTER SILENT TOUCH TECHNOLOGY CONNECT YOUR WAY MADE WITH RECYCLED PLASTIC NEW OPTIONS+ SOFTWARE WORKS WITH ALL OS & SCREENS logitech®#71MX & THE GROWING CREATORS WORKFORCE all TERALL 2006 MILLIONS OF CREATORS...AND GRAPHIC DESIGNERS, AND VIDEO EDITORS, ARCHITECTS, PHOTOGRAPHERS, SOFTWARE DEVELOPERS, ENGINEERS.... TH CONE LICE OWN THE PARK Jays e 3177 - RID logitech®#72intro acing are : 2 + :: LOGITECH MX LINE-UP MX LINE-UP NET SALES GROWTH SCROLL & TYPE SMARTER TRACK EVERYWHERE CONNECT YOUR WAY WORK ANYTIME NEW OPTIONS+ SOFTWARE SMART CUSTOMIZATION, PRE-DEFINED PROFILES WORKS WITH ALL OS & SCREENS +26% +85% +53% FY20 FY21 YTD FY22 logitech®#73LOGITECH POP KEYS & POP MOUSE logitech PERSONALITY THAT POPS POP KEYS AND POP MOUSE WITH CUSTOMIZABLE EMOJI UNLIMITED SELF-EXPRESSION EMOJI KEYCAPS CONNECT YOUR WAY WORKS WITH ALL OS & SCREENS logitech®#740 ܘܘܢ#75A SOLUTION FOR ALL PEOPLE'S WORKSPACES DISCOVER LOGI WITH A $20 MOUSE The right fit for all Simple & Intuitive GROW TO A $1000 ADVANCED CREATOR WORKSPACE Works on all X-OS ELL COME BACK Sustainable per L logitech®#76CREATIVITY & PRODUCTIVITY IS... A GROWTH CATEGORY THAT HELPS ALL PEOPLE WITH IMPACTFUL INNOVATION GLOBAL OPERATIONAL EXCELLENCE ctrl tob caps lock Q logi N M ctri shift 20 del backspace logitech#77GAMING Ujesh Desai March 2022 (₁#78S MARKET TRENDS & FOCUS AREAS G#791 KEY TRENDS & OPPORTUNITIES GAMING IS A MASS ENTERTAINMENT & SOCIAL ACTIVITY TER C TO WI PRO KRILLIN 2 ESPORTS CONTINUES TO GROW 3 G CLOUD GAMING WILL EXPAND THE MARKET 16 P PR P FM. 4 GAMING IS DRIVING THE METAVERSE G#80Source: Newzoo G GAMING IS A MASS ENTERTAINMENT ACTIVITY AGUE OF GENDS Number of worldwide gamers 2020-2024, unit. billion 2.6B 2019 WORLDWIDE GAMERS SET TO PASS 3 BILLION 2.8B 2020 3.0B 3.1B 2021 2022 3.2B 2023 3.3B Gamers = anyone who plays games on any major platform: PC/Console/Mobile (which individually are also forecast to grow) 2024 TO fo PLA G#8116 GAMING IS A MASS ENTERTAINMENT ACTIVITY Gen Z Prefers Gaming Over Social Networks, Movies & Music Choice of Favorite Entertainment Activity 25% GAMING IS INCREASINGLY BECOMING A FORM OF ENTERTAINMENT, PARTICULARLY FOR YOUNG GAMERS Video Games 18% Social Networks 17% 15% 14% Streaming Watching Listen to Movies TV Music Source: Newzoo | How different generations engage with gamers: CI Games & Esports 11% Reading Game Livestreaming is Mainstream and Growing YOY Hours Watched (billion hours) 15.8B 2019 28.7B 2020 34.6B Source: Stream Hatchet | Video Game Streaming Trends Report, 2021 2021 G#82FTX LEG by Lenovo Playseat (6) G#832 ESPORTS CONTINUES TO GROW ESPORTS MARKET PROJECTED TO GENERATE $1.6B REVENUE BY 2024E Esports Revenue Growth Global USD (Millions) $1,084 Streaming $22 Digital $33 Merchandise & Tickets $65 Game Publisher Fees $130 Media Rights $195 Sponsorship $640 2021 Source: Newzoo Global Esports and Streaming Market Report 2021 $1,618 Streaming $32 Digital $49 Merchandise & Tickets $178 Game Publisher Fees $162 Media Rights $259 Sponsorship $922 2024e F10 FII F12 BART SHO POST Pant SO G#84ONL 2 ESPORTS CONTINUES TO GROW GLOBAL ESPORTS AUDIENCE WAS 474M IN 2021 Esports Viewership Global Audience (M) and YoY Change 474M Occasional Viewers 240M Esports Enthusiasts 234M 2021 Source: Newzoo: How different generations engage with gamers Source: NewzOO 577M Occasional Viewers 292M Esports Enthusiasts 286M 2024e FB F10 FII F12 CTHE 15 FOR G#85PLAY TO WIN ZERO OPPOSITION PRO SERIES. ESPORTS GEAR FOR CHAMPIONS. G logitech#86G PLAY TO WIN ZERO OPPOSITION LATEST. LIGHTEST. ENGINEERED TO WIN. SUPERLIGHT PRO X SUPERLIGHT J logitech#873CL CLOUD GAMING WILL EXPAND THE MARKET Number of registered users of cloud gaming platforms 2020-2024, unit. million CLOUD GAMING EXPECTED TO GROW FROM 34.9M PAYING SUBSCRIBERS IN 2020 TO 60.7M BY 2024 2019-2024 +35% CAGR 13.5M 2020 23.7M 2021 Source: Newzoo Global Cloud Gaming Report 34.9M 2022 48.6M 2023 60.7M 2024 Instantaneous access to deep game libraries Ability to play high-end games on low-end machines Seamless play between console, PC, and mobile Will drive need for peripherals to access and play AAA games G#883CLOU CLOUD GAMING WILL EXPAND THE MARKET Snack < 20mins ☐ Mobile Gaming Need for immediacy and short gaming experiences Source: Logitech G research: Future of Gaming and Cloud Graze 20mins - 2hrs IX Cloud Gaming New entrants that want to access AAA games on lower cost devices Full experience > 2hrs 00 e ! Immersive Gaming Deeper experiences, AAA games and specialized gaming gear G#89り STTTTTTTT CITE CCCC CCCC 753#90EGENDS FB 4⁹ GAMING IS DRIVING THE METAVERSE GAME DEVELOPERS AND CONTENT CREATORS ARE LEADING THE WAY "If web developers are the architects of the internet as we know it (Web 2.0), then game developers are the architects of the metaverse - Web 3.0." WA Source: Newzoo Global Games Market Report 2021 FN Crucible's CEO and Co-Founder, Ryan Gill G#91THE METAVERSE WILL ATTRACT NEW GAMERS AND EXISTING GAMERS WILL PLAY MORE EGENDS ↑ 4⁹ GAMING IS DRIVING THE METAVERSE 77% Interest in the metaverse increases intent to start playing games of non-gamers indicate they will play games in the future Source: Newzoo Global Games Market Report 2021, consumers aged 14-50 More broadly, all consumers agreed that participation in the metaverse would increase their game play If you were to start socializing in game-worlds, how would it affect how much you play games overall? Play More The Same Play Less 28% 70% G#92KDO Gaming avatars and our gear will be the keys to access, interact & create in the Metaverse 133 Ariana Grande concert in Fortnite by Epic Games G#93In the future our gear might also detect when you're in the zone or need a break YOU ARE IN THE ZONE TEAM COMMS MONITORING G#941 Gaming is a mass entertainment & social activity NR籍 123 cel 2 To Esports continues to grow 网 3 Cloud Gaming will expand the market </> 4 Gaming is driving the Metaverse G#95STREAMERS & CREATORS Vincent Borel March 2022 AW logitech for creators#96logitech (R) for creators#97IGEN Z ARE THE FIRST GENERATION BORN IN A WORLD WHERE EVERYONE CREATES CONTENT d logitech for creators#98CREATORS ARE THE MOST INFLUENTIAL PEOPLE OF THE NEXT DECADE PAST MEDIA COMPANIES Hundreds of TV shows consumed by billions. FUTURE CREATORS Hundreds of millions of "shows" that cater to billions. logitech for creators#99INFLUENCER MARKETING RAPIDLY EXPANDING 41 THE 2016 $1.7B REVENUE Sources: Influencer Orchestration Network, Influencer Marketing Industry Expected To Be Worth $13.8 Billion This Year. www.ion.co/influencer-marketing-industry-to-reach-13-8-billion-in-2021; +52% CAGR Markets and Markets report - Influencer Marketing Platform Market, Dec. 2020 2021 $13.8B REVENUE logitech for creators#100S 40% OF CONSUMERS ARE ALREADY PAYING CREATORS DIRECTLY New Donation Ariana Barros donated $45 ● LIVE [] https://www.campaignlive.com/article/direct-to-fan-marketing-skyrockets-consumers-pay-creators-directly/1731143 S S S logitech for creators#101CHASING THE CREATOR ECONOMY The % of total funding for creator economy startups by subsector 50% 40% 30% 20% 10% 0% EDUCATION CREATOR ECONOMY SOCIAL MEDIA GAMING Q2 MUSIC CRYPTO SHOPPING Q3 CREATOR CREATOR PLATFORM SERVICES www.theinformation.com/articles/how-creator-economy-investments-could-hit-5-billion-this-year VC INVESTMENTS HIT $5B IN 2021 logitech for creators#102PLATFORMS ARE CREATING BILLION DOLLAR FUNDS FOR CREATORS f $1 BILLION FACEBOOK J $1 BILLION TIKTOK $ $100 MILLION YOUTUBE $ MILLIONS /MONTH SNAP in $25 MILLION LINKEDIN logitech for creators#103CREATOR MONETIZATION IS SPREADING... Ch CNBC Mark Zuckerberg announces new ways for Instagram creators to make money PUBLISHED TUE, APR 27 2021-3:11 PM EDT UPDATED TUE, APR 27 2021-4:35 PM EDT https://www.cnbc.com/2021/04/27/zuckerberg-announces-new-ways-for-instagram-creators-to-make-money.html tubefilter Discord Ramps Up Creator Monetization With Monthly Memberships By James Hale 12/07/2021 fy https://www.tubefilter.com/2021/12/07/discord-premium-memberships/ Blue T Twitter's 'Super Follow' creator subscription takes shots at Substack and Patreon -super-follow-creator-subscription-takes-shots-at-substack-and-po THE VERGE TECH TikTok rolls out Creator Next and expands money-making opportunities for creators SCIENCE MORE= TikTok is also making its Tips feature available to more creators By Emma Roth | Dec 1, 2021, 131pm EST https://www.theverge.com/2021/12/1/22811973/tiktok-creator-next-monetization-t CHIE god logitech for creators#104MARKET TRENDS & CREATOR OPPORTUNITY 1 Creator economy is booming 2 Creators need help to make it a career 3 Diversification of creator monetization ♡ 4 Shift from products to solutions logitech for creators#105EMERGENCE OF CREATORS AS BUSINESSES Manage Your Business Monetize Offline 5 6 4 Monetize Online 0000 000 1 3 Create Content 2 Grow Your Audience Own Your Audience logitech for creators#106☀ So A logitech for creators#107CREATE FROM PRODUCTS TO STUDIOS STREAM CATE Hardware | Software creator products Hardware & Software creator studios logitech for creators#108DEDICATED STUDIO tox 1-22 M www 24 Livn 500 33 StreamCam Litra Glow logitech for creators#109Land ANYWHERE STUDIO logitech fo for creators#110ONE UNIFIED EXPERIENCE logitech for creators logitech® + Blue streamlabs Mevo logitech WE ARE SOLUTIONS FOR CREATORS PRODUCTS CREATOR CREW TOGETHER WE CREATE YETICASTER FROM FIRST STREAM TO MAINSTREAM Q LEVEL UP YOUR GAME STREAM Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed lomm sum delar sit amet. consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat ADD BUNDLE TO CART LITRA GLOW STREAMCAM GET STREAMLABS logitech for creators#111ALVISRY WE MAKE THE TOOLS, YOU CHANGE THE WORLD. logitech for creators#112OPERATIONS & SUSTAINABILITY Prakash Arunkundrum March 2022 KL logitech#1132-1 Babylan OPERATIONS UPDATE 2-2 logitech#114ANOTHER YEAR OF OPERATIONAL EXECUTION Record volumes shipped Diversified and automated manufacturing Delivered nearly 40 new products Availability aided market share gains DESIGN AND PRODUCT QUALITY EXCELLENCE logitech#115OUR OPERATIONS ARE DIVERSE, GLOBAL, AND RESILIENT DELIVERING SUSTAINED PROFITABLE GROWTH DIVERSE PORTFOLIO Global Suppliers Thousands of parts, Hundreds of major suppliers Global Manufacturing ם HIGH QUALITY 00000 Owned & outsourced Large volume; 200M+ Units COST OPTIMIZED Global Distribution Reaching 80 countries 200K M3 shipped per year Customers & Channels Millions of consumers Direct, Disti, B2B, .com logitech#116CHALLENGING MACRO ENVIRONMENT MU Tough component market Port congestion and longer shipping times 1/1/2018 1/1/2019 1/1/2020 OECD PPI 1/1/2021 Inflation CONTINUOUS COVID-RELATED DISRUPTIONS Demand variability in our categories logitech#117OPERATIONAL CAPABILITIES HAVE ENABLED US TO BE RESILIENT Margin assurance design for cost Competitive diversified manufacturing DIVERSE TALENT 8 F7 Closed loop product quality Customer centric supply chain value FLAT & ADAPTIVE CULTURE 11 me logitech®#118SUSTAINABILITY logitech#119WHY DOES SUSTAINABILITY MATTER TO YOU? BRANDS THAT ARE UNIQUELY POSITIONED TO DEMONSTRATE THE BUSINESS VALUE OF SUSTAINABILITY WILL THRIVE Consumers voting with their dollars Sustainable brands grow faster Climate risk is investment risk logitech#120Help ALL people pursue their passions by designing experiences so everyone can create, achieve, and enjoy more...and in a way that is good for the environment. logitech#121A CLIMATE POSITIVE COMPANY 2019 1.5 Climate Pledge 2020 Carbon Labels 2021 Carbon Neutral 2030+ Climate Positive logitech#122OUR CLIMATE POSITIVE STRATEGY REDUCE Design for Sustainability (DfS) to achieve ambitious carbon reductions in our products, operations and supply chain RETHINKING BUSINESS RENEW Drive ambitious uptake of renewable electricity in our own operations and supply chain RESTORE Аза Adopt a climate positive approach to restore forestry and climate impacted communities and catalyze carbon removals logitech#123OUR GOAL IS TO LEAVE A ZERO FOOTPRINT & GO BEYOND L OIL (Plastic parts & packaging) METAL (PCBs, Batteries, components) TREES (Paper packaging) END OF LIFE CONSUMER USE SOURCING & MANUFACTURE END USER OUR CORPORATE CARBON FOOTPRINT DISTRIBUTION Component suppliers Joint design and contract manufacturers OUR OFFICES TRANSPORTATION & DISTRIBUTION OTHER#124INCREASING SUSTAINABILITY, DECREASING CARBON 20% reduction of carbon per a dollar of revenue since CY'19, while continuing to grow RECYCLED PLASTIC (POST-CONSUMER) 62M devices using PCR >1/3 plastics are PCR across total portfolio >8,000t virgin plastic eliminated 65% PCR used in C&P mice and keyboard 2021 BY THE NUMBERS RENEWABLE ENERGY >92% renewable energy used worldwide 100% MATERIALS conflict mineral free 100% PVC free packaging Carbon neutral across entire footprint >1450t FSC certified materials used in packaging >90% water-based paints logitech®#125REDUCING CARBON WHILE DELIVERING NEW & BETTER EXPERIENCES Carbon savings vs. baseline product Design Principles G435 LIGHTSPEED WIRELESS GAMING HEADSET 40% Recycled plastics Lightweight product architecture Optimization of PCB size 8. POP MOUSE 18% Recycled plastics Designed for recyclability Zero single use plastic packaging - LOP w MX KEYS MINI F 10% Recycled plastics Weight reduction Packaging optimization logitech#126PACKAGING THAT IS BETTER FOR THE PLANET Plastic bag protection M190 logitech Tissue paper protection M190 bar logitech Eliminated 5.6 million plastic bags during shipping Eliminated 5.8 million plastic bags inside packages Eliminated >1.1 million plastic clamshells OUR GOAL No single use plastics ● FSC certified paper No PVC Smaller better packaging logitech#127CARBON IS THE NEW CALORIE First consumer electronics company to commit to providing detailed carbon impact labeling on product packaging across the entire portfolio. Carbon Default lighting up 10 No lighting: up to 130 hours Neutral Compared to previous generation G903 2 Requirt Lognect &HUB software available at ingtech.com-CHUB Battery life may vary based on user and computing conditions LIGHTSPEED Garning mouse LIGHTSPEED wireless receiver, chargingidato cable acces care optional receiver extension adapter optional 10 g weight, opieral side buttons xleft, right) burton covers (left, right user documentation. 2-year manufacturer's guarantee. Spécifications techniques Compatible avec POWERPLAY Eclairage LIGHTSYNC RVB Conception ambidextre pour droitier ou goucher Dimensions: 130x67x40mm Poids: 110 g (sourks uniquement) Taux de rapport USE: 1000 Hz (1 ms) Capteur: HERO 25K Résolution: 10025 600 poo Autonomie Eclairage par défaut jusqu'b 140 heures Aucun claroge jusqu'à 180 heures For rapport ble génération précédente G903 2 Nécessite le logiciel Logitech G HUE, disponible sur le site logitech.com/CHUB ³ L'autonomie de la battere est susceptible de valer en fonction de l'environnement et du mode d'utilisation. Souris gaming cepteur sans fiLISH SPEED, cable de charge/données, és pour accessoires, adoptateur decension de récepteur en option, poikcs de 10genoption, boutons latéraux exoption 20gauche, 2dcrcite) copos de bouton (à gauche, à droite), documentation utilisateur. 2 ans de garantie du fabricart. Especificaciones técnicos Compatible con POWERPLAY lluminación RGB UGHTSYNC Diseño ambidiestro para diestics ozurdos Dimensiones: 150 x 67 x 40 mm Fes: 110g, solo retón Velocidad de respuesta USE: 1000 Hz (ms) Sonsor: HERO 25K Resolución: 100-25600 dpi Duración de la batería luminación predeterminada: hasta 140 horas Sniluminación: hasta 80 horas do con al G905 de la generación arterio ge el software Logitech GHUB disponible en tech.com/CHUB 8.64 kg 00, TM POWERPLAY bateria depende del usoy de les dispositivos princiábrico UGHTSPEED, cable de ros, adaptador de extensión de 10g botones laterales cubiertas de botones usuario. Dos años de HYPER FAST 16.8 LIGHTSYNC For further inf Pour plus d'mation Para obtener más información visita d'informations, rendez-vous à dresse Logitech.com/transparency G90 G logitech™ para gaming 77 W logitech®#1288.76 kg CO₂e Logitech G304 Lightspeed Gaming Mouse* 5.51 kg CO₂e Logitech G102 Lightsync Gaming Mouse* DEKRA Verified * In Stores already CARBON LABELED PRODUCTS DOING AS WE PLEDGED 22.0 kg CO₂e Logitech G213 RGB Prodigy Gaming Keyboard* 7.84 kg CO₂e Logitech G PRO Wireless Gaming Mouse* 5.03 kg CO₂e MK120 Combo 8.64 kg CO₂e Logitech G903 Lightspeed Gaming Mouse* 8.69 kg CO₂e Logitech G502 Lightspeed Gaming Mouse* 7.10 kg CO₂e Logitech G502 Hero Gaming Mouse* 1.73 kg CO₂e M100 Corded Mouse 4.02 kg CO₂e M100 K120 Keyboard Mouse 1.62 kg CO₂e D HIII Multi-Device Headset 7.14 kg CO₂e H390 USB Computer Headset 2.11 kg CO₂e H151 Stereo Headset 5.35 kg CO₂e G432 Surround Sound Wired Gaming Headset logitech#129AWARDS AND ACKNOWLEDGEMENTS SIX SXI Switzerland Sustainability 250 LISTED GOLD 2021 ecovadis Sustainability tating "GOLD" RATING 82 BILANZ & LE TEMPS KLIMABEWUSSTES UNTERNEHMEN 2021 Dow Jones Sustainability Index CLIMATE LEADER LISTED World FTSE4Good Benchmarking Alliance 11/ SDG2000 LISTED LISTED MSCI ESG RATINGS WORLD FINANCE CORPORATE GOVERNANCE AWARDS 2 020 AA "AA" RATED* 2020 OVERALL WINTER IN CONSUMER TECHNOLOGY CATEGORY 021 MOT BAIL FAST COMPANY 2021 Honoree #4 in CSR 2021 HONOREE *The use by Logitech of any MSCI ESG Research LLC or its Affiliates ("MSCI") data, and the use of MSCI logos, Trademarks, Service Marks or Index Names Herein, do not constitute a sponsorship, endorsement, recommendation or promotion of Logitech by MSCI. MSCI Services and data are the property of MSCI or its information provides, and are provided 'As-Is' and without warranty. MSCI names and logos are trademarks or service marks or MSCI. logitech#130OPERATIONAL EXCELLENCE Resilient operations High quality, cost optimized & cutting edge product operations Agile customer centric supply chain Sustained profitable growth & operating leverage Amazing experience for consumers, enterprises and customers Growth and market leadership PERVASIVE SUSTAINABILITY ACROSS LOGITECH PATH TO CLIMATE POSITIVE logitech®#131FINANCE Nate Olmstead March 2022 logitech#132WE'RE FOCUSED ON THE CATEGORIES AND CAPABILITIES THAT MATTER Growing markets OFE Leadership position in design and innovation Operational excellence logitech®#133CONFIRM FISCAL YEAR 2022 OUTLOOK FY 2022 Sales (CC) Growth Non-GAAP operating income $850M $900M 2% - 5% Note: Figures are non-GAAP and sales growth is in constant currency (cc) Note: See the Forward-Looking Statements for factors that could cause actual results to differ materially from the guidance presented.. logitech. logitech®#134TARGETED INVESTMENTS WITH CLEAR OBJECTIVES GROWTH OPPORTUNITY Higher ASP Across Larger TAM New Users, Sell Whole Portfolio Enterprise Sales Adjacent Categories INVESTMENTS Research & Development Marketing/Brand Campaigns B2B Sales Coverage & Tools Expand Portfolio INTENDED RESULTS Differentiated Products Awareness & Consideration Expand B2B Market Share Top Line Growth logitech®#135NAVIGATING THROUGH FY 2023 Headwinds Inflationary environment persists Unpredictable supply chain environment causes shortages, delays, increased logistics costs Slowdown in gaming as other forms of entertainment recover Increased competition due to expanded market opportunities Marketing investments don't offset need for promotions Tailwinds Past experience leads to successful execution of promotional and pricing strategy Investments in multi-sourcing and strategic capacity agreements provide competitive advantage Growth in esports, Cloud and social gaming Product portfolio and marketing investments for hybrid work environment Marketing investments drive greater brand awareness and consideration logitech®#136NO CHANGE IN CAPITAL ALLOCATION STRATEGY MORE THAN $1B IN SHARE BUYBACKS AND DIVIDENDS OVER LAST 3 YEARS $151M Mergers & Acquisitions Note: Totals above represent cumulative over prior three (3) years. Note: Share buybacks are through 2/24/2022. $579M Share Buybacks $430M Dividends logitech®#137FY 2023 OUTLOOK Sales (CC) Growth Non-GAAP operating income Currency FISCAL YEAR 2023 OUTLOOK ADDITIONAL ASSUMPTIONS Non-GAAP effective tax rate Cash from operations Capex Mid Single Digits $900M - $950M Current Rates Approximately 13% 1x non-GAAP OP Approximately $115M Note: Figures are non-GAAP and sales growth is in constant currency (cc). OP = operating profit. Note: See the Forward-Looking Statements for factors that could cause the actual results to differ materially from the guidance presented. logitech#138MAJOR CATEGORY (CC) GROWTH FISCAL YEAR 2023 CATEGORY GROWTH EXPECTATIONS Creativity & Productivity Video Collaboration Gaming Music 0% - 10% 5% - 15% 0% - 10% (15%) - (5%) Note: Net sales figures are Y/Y. (CC) = constant currency. Creativity & Productivity includes pointing devices, keyboards and combos, PC webcams, tablets and accessories. Music includes mobile speakers and Audio & Wearables. 100 logitech®#139LONG-TERM MODEL CONFIRM Sales (CC) Growth Gross Margin Operating Margin Up 8 - 10% 39 - 44% 14 - 17% Note: Figures are non-GAAP and sales growth is in constant currency (cc). logitech. logitech®#140OUR LONG TERM MODEL... Sales (CC) Growth Gross Margin LONG-TERM MODEL Operating Margin Up 8 - 10% 39 - 44% 14 - 17% Note: Figures are non-GAAP and sales growth is in constant currency (cc). logitech. IMPLIES IN 5 YEARS... FY 2027 Sales FY 2027 Operating Profit $7.7 - $8.4B $1.1 - $1.4B Note: Time period covers FY23 guidance plus four (4) years of LTM growth. logitech®#141TO ACHIEVE THIS IN 5 YEARS... FY 2027 Sales FY 2027 Operating Profit LONG-TERM MODEL Note: Figures are non-GAAP. $7.7 - $8.4B $1.1 - $1.4B logitech. ... A CATEGORY GROWTH SCENARIO COULD BE: Creativity & Productivity Video Collaboration Gaming Music Note: Growth rates are FY22 - FY27 CAGR (CC) 8% 14% 9% -10% logitech®#142ANNUAL REVENUE GROWTH (PRE-PANDEMIC) Logitech Net Sales FY 2016 - FY 2020 $3,000M $2,500M $2,000M $1,500M LONG-TERM MODEL $1,000M Sales Growth (CC) $1.9B FY16 9% $2.2B FY17 15% $2.6B FY18 13% $2.8B FY19 10% $3.0B FY20 9% AT OR ABOVE LONG-TERM MODEL logitech#143logitech