#1Q4 Fiscal Year 2021 Financial Results April 28, 2021 JS logitech® .. ALBLA Fo#2FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements within the meaning of the U.S. federal securities laws, including, without limitation, statements regarding: our preliminary financial results for the three months and full fiscal year ended March 31, 2021, long-term growth and growth opportunities, trends and behaviors, long-term strategy, trends in our product categories, our commitment to carbon labeling, hybrid work and its expected impact on us, product demand, product supply, gross margin, gross margin target range, marketing and promotional spending, operating expense investments, innovation across our product portfolio, inventory, investment priorities, plans and opportunities, growth and profitability, share repurchase program, share repurchases, fiscal year 2021 dividend proposal, fiscal year 2022 outlook, and related assumptions. 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 ariability and sup shortages; 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 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 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 (SEC), including its Annual Report on Form 10-K for the fiscal year ended March 31, 2020, its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2020 and its 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. 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 http://ir.logitech.com. Historical GAAP and corresponding non-GAAP measures are provided with our earnings releases and presentations in the Investors section of our website. We also present percentage sales growth in constant currency ("CC") to show performance unaffected by fluctuations in currency 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.#3KEY MESSAGES - Q4 FY 2021 Q4'21 sales increased a record 108% (CC) to $1.54B, an acceleration of growth versus prior quarters and demonstrated the sustainability of several large secular trends that are driving growth across our product categories Gross margin expanded to 46.6% due to stronger-than-expected sales, lower promotional spending, favorable product mix, and a benefit from currency exchange rates Operating profits increased more than fourfold to $325M as record sales growth and gross margins provided the funding to reinvest across our capabilities while still generating significant operating leverage Cash flow from operations was $530M, up from $101M last year, driven by strong operating profits that allowed us to tactically invest in our working capital to support near-term demand and to improve component and finished goods buffer levels across the global supply chain Note: Results are non-GAAP, except for cash flow from operations. Comparisons are Y/Y and in constant currency unless otherwise specified.#4KEY MESSAGES - FISCAL YEAR 2021 8th year of consecutive sales growth¹, with FY'21 sales up 74% (CC) and over $2.2B versus the prior year Our three largest categories reached new milestones, with Creativity & Productivity (C&P) sales over $2B and both Video Collaboration and Gaming sales each exceeding $1B Gross margin increased to 44.8%, driven by robust sales volume, lower promotional spending, and favorable product mix that more than offset elevated logistics costs Operating profits more than tripled to $1.27B after funding significant investments in marketing, innovation, and sales coverage Cash flow from operations reached an all-time high of $1.46B, up from $425M last year, via operating profit growth and significant improvements in working capital efficiency Raising FY 2022 outlook for non-GAAP operating income to $800-850M (versus prior $750- 800M) while maintaining flat +/- 5% sales growth (CC) off a higher sales base Note: Results are non-GAAP, except for cash flow from operations. Sales are net sales and comparisons are Y/Y and in constant currency unless otherwise specified. (1) Retail sales.#5WHAT'S NEW FROM LOGITECH LEAGUE LEGENDS G#6MARKETING O DEFY LOGIC logitech#7ENVIRONMENTAL, SOCIAL, GOVERNANCE (ESG) On Earth Day, we announced an industry-first carbon transparency effort to include detailed carbon impact transparency labeling on all product packaging across our entire portfolio Like nutrition labels on food packaging, we believe that consumers should be empowered and informed about the impact of their purchasing decisions We are also offering our entire product carbon impact methodology to other companies to use in an effort to drive greater carbon impact labeling adoption 7.84 kg CO₂e Carbon Neutral Technical Specifications Ccm color RGB lighting Onboard memory soning system Ap Tracking Sensor HER Resolution 100-2400 CP Max accele PS Max speed - 400 Zero smoothinglo Responsive USB report at 1000 He Microprocesorbit ARM Durability PE 250-image Battery Life Defout lighting 4th No lighting 60 Physical Specifications Height 125mm (492) Width 63.5mm 2.50n Depth 40m 15 Weight 80g 28 ration 400 peration/fitering Specificat Mamore i Systeme de dicà tension Eclairage R 16,8 millions de couleurs environ Ambidextre s techniques Sutvi Capteur HERO Resolution 100-25600 ppp Acceleration max 400 Vitesse max: 400 PS Som sagelacceleration age Réactivité Taux de rapports US 1000 Hz ( Microprocesseur: ARM 32 bits Durabilit Paris PTFE portée de 250 km Longévité des piles Eclairage par défaut 48h Eclairage étaint 60 h Caractéristiques physiques Hauteur: 125 mm (4,92 pouce Largeur: 63,5 mm (2.50 pouce Epoisseur: 40 mm (15) poids: 80 g 2.8 Carbon Neutra C 7 EF LIGHTSPEED HERO POWERPLAY LIGHTSYNC For further in mation vist Pour plus dmations, rendez-vous à fadresse logitech om/transparency PRO WIRELESS logitech C#8TABLET & ACCESSORIES Logitech Combo Touch is now available for the new iPad Pro 11" and coming soon for iPad Pro 12.9" Introduces the largest trackpad for a keyboard case that allows users to click anywhere on the surface while offering an even thinner protective case Features multiple use modes with an integrated kickstand, auto backlit keys, and a full row of iPadOS shortcut keys