LOGITECH INTERNATIONAL S.A.

CONFLICT MINERALS REPORT

FOR THE REPORTING PERIOD FROM JANUARY 1 TO DECEMBER 31, 2019

This report for the year ended December 31, 2019 is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934 (the “Rule”). In this Conflict Minerals Report (“CMR”), references to “Logitech”, the “Company”, “we”, “us” or “our” refer to Logitech International S.A. and its majority-owned subsidiaries and variable interest entities that are required to be consolidated.

Logitech manufactures or contracts to manufacture products that may contain tantalum, tin, tungsten, and gold (“3TG”) that are necessary to the functionality or production of the products. Accordingly, the Company has undertaken the measures described in this CMR to trace the origin of these minerals and whether they may have been sourced from the Democratic Republic of Congo (“DRC”) or any of its adjoining countries (collectively, the “Covered Countries”).

Statements in this CMR are based on our due diligence activities performed to date in good faith and are based on information available at the time of this filing, unless otherwise indicated. Factors that could affect the accuracy of these statements include, but are not limited to, incomplete supplier data, availability of smelter and refiner (collectively referred to as “Smelters” in this CMR) data, errors or omissions by suppliers or Smelters, ongoing certification of Smelters, continued guidance or amendments to the Rule, and other issues. Additionally, this CMR may contain forward-looking statements reflecting the efforts we strive to achieve in the future as we continue to improve our responsible sourcing program. These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties.

Logitech International S.A., together with its consolidated subsidiaries, (“Logitech” or the “Company”) is a world leader in designing, manufacturing and marketing products that help connect people to digital and cloud experiences. More than 35 years ago, Logitech created products to improve experiences around the personal computer (PC) platform, and today it is a multi-brand, multi-category company designing products that enable better experiences consuming, sharing and creating digital content such as computing, gaming, video and music, whether it is on a computer, mobile device or in the cloud. Logitech's brands include Logitech, Logitech G, ASTRO Gaming, Streamlabs, Ultimate Ears, Jaybird, and Blue Microphones.

Logitech was founded in Switzerland in 1981, and Logitech International S.A. has been the parent holding company of Logitech since 1988. Logitech International S.A. is a Swiss holding company with its registered office in Apples, Switzerland, which conducts its business through subsidiaries in the Americas (including North and South America), EMEA (Europe, Middle East, Africa) and Asia Pacific (including, among other countries, China, Taiwan, Japan, India and Australia). Shares of Logitech International S.A. are listed on both the SIX Swiss Exchange, under the trading symbol LOGN, and the Nasdaq Global Select Market, under the trading symbol LOGI.

Our products participate in five large market opportunities: Creativity & Productivity, Gaming, Video Collaboration, Music and Smart Home.

Conflict minerals in the form of the 3TGs were necessary to the functionality or production of the following categories of products that we manufactured or contracted to have manufactured for us during 2019:

For the reporting period from January 1 to December 31, 2019, Logitech conducted a reasonable country of origin inquiry (“RCOI”) to determine whether any of the conflict minerals necessary to the functionality or production of the products (“Necessary Conflict Minerals”) that we manufactured or contracted to manufacture originated in the Covered Countries. To make this determination, we engaged with our direct suppliers of materials, parts, components or products potentially containing 3TG (“In-Scope Suppliers”) to identify the Smelters of the Necessary Conflict Minerals.

Our RCOI included the following steps:

 

Our RCOI executive outcomes:

We sought and obtained a 100% response rate from In-Scope Suppliers. In-Scope Suppliers’ responses and RMI RCOI data indicated that some of the Smelters used in our supply chain may obtain 3TG from the Covered Countries. Other In-Scope Suppliers are using 3TG sources from outside the Covered Countries, recycled or scrap 3TG, or 3TG sources of unknown origin. Accordingly, we conducted due diligence to determine the source of 3TG metals and have prepared this Conflict Minerals Report.

We conducted due diligence on the source and chain of custody of the 3TG that are necessary to the functionality or production of our products to ascertain whether these conflict minerals originated in the Covered Countries and financed or benefitted non-state armed groups in any of these countries.

Design of Our Due Diligence Measures

Our conflict minerals due diligence measures are aligned with the requirements of the Organisation for Economic Co-operation and Development (“OECD”) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, Third Edition (the “OECD Guidance”), as applicable for tin, tantalum, tungsten, gold and downstream companies (as the term is defined in the OECD Guidance), in all material respects. We designed our due diligence measures to:

Due Diligence Measures Performed

As a purchaser, Logitech is many tiers removed from the mining of 3TG; Logitech does not purchase raw ore or unrefined conflict minerals, and does not directly purchase from the Covered Countries. The Smelters are consolidating points for raw ore and are best-positioned to determine and know the origin of the ores. For downstream users like Logitech, it is not possible to determine the origin of 3TG without information from suppliers and Smelters.

We are a member of the Responsible Minerals Initiative (“RMI”), formerly known as the Conflict Free Sourcing Initiative (the “CFSI”). As a member of the RMI, we leverage the due diligence conducted on Smelters by the RMI’s Responsible Minerals Assurance Process (the “RMAP”), formerly known as the Conflict-Free Smelter Program (the “CFSP”). The RMAP uses independent private sector auditors to audit Smelters who agree to participate, including their 3TG chain of custody and the mines of origin. Smelters are deemed to be conformant with RMAP when the independent auditor has taken a risk-based approach to

validate Smelters’ company level management processes for responsible mineral procurement and verified that the Smelters’ 3TG originates from conflict free mines in the Covered Countries.

Our due diligence measures included the following activities:

Our supplier survey data revealed a total of 330 Smelters as potential sources of 3TG in supply chain. Of these 330 potential Smelters, 47 Smelters were removed and are no longer in Logitech supply chain, and 283 Smelters were reported in Logitech's 2019 3TG supply chain.

Further verifying the certified status of the 283 Smelters, 269 of these entities were identified as certified Conflict-Free using the RMAP Conformant Smelters & Refiners list, the LBMA Good Delivery List, and the RJC Chain-of-Custody Certification Program. According to the RMAP Active Smelters & Refiners list, another 4 Smelters were engaged in the RMAP audit and certification process. Accordingly, 96.5% of the Smelters are conformant with RMAP or in the audit process of becoming compliant. The other 10 Smelters were not yet participating in RMAP; 7 of Smelters were not able to engage with RMAP due to ceasing operation; The RMAP conformant status of the remaining 3 processing facilities could not be determined as of April 22, 2020.

Table 2 below illustrates our progress with Smelters compared to the reporting year 2018.

In order to more precisely illustrate the due diligence results, for reporting year 2019, we identified those Smelters who were no longer in operation and removed them from the due diligence scope because of their facilities’ inoperative status. We will continue to do so in the future years going forward. As a consequence, the 2019 Logitech 3TG supply chain due diligence results indicated 276 active Smelters with active operative status, as illustrated below in Table 3. 

Table 4 further illustrates our results for each 3TG metal by setting forth the number and percentage of Smelters’ facilities that were either Conflict-Free or in the process of becoming compliant as of April 22, 2020.

Logitech supports the refinement and expansion of the RMAP Conformant Smelters & Refiners list of participating Smelters through its membership in the RMI, as well as the smelter engagement efforts in the working group.

Through our participation in RMI, the OECD implementation programs, and requesting our suppliers to complete the CMRT, we have determined that seeking information about 3TG Smelters in our supply chain represents the most reasonable effort we can make to determine the mine or location of origin of the 3TG in our supply chain, as outlined in Section Four above (“Due Diligence Measures”).

Logitech currently intends to undertake the following steps, during the next compliance period, with the intention of further mitigating risks associated with supply chain sourcing and conflict minerals:

This list presents consolidated information compiled from the CMRT forms provided by our In-Scope Suppliers, the RMAP Conformant Smelters & Refiners list, the London Bullion Market Association (LBMA) Good Delivery List, and the Responsible Jewellery Council (RJC) Chain-of-Custody Certification Program as of April 22, 2020.