Logitech’s Board of Directors proposed distribution of a gross aggregate dividend of CHF 100,025,881. At the company’s Annual General Meeting, held on September 12, 2017, shareholders approved payment of the dividend.

The following table provides a summary of key information related to the dividend payment, followed by frequently asked questions and answers. Logitech intends to pay the dividend in Swiss Francs (CHF) and in US Dollars (USD).

Gross dividend/share CHF 0.6085
USD 0.6341
Swiss withholding tax 35%
Net dividend/share CHF 0.3955
USD 0.4122
Record date September 26, 2017
Payment date September 27, 2017

DIVIDEND Q&A

How will I receive my cash dividend?

If you are a registered shareholder in Switzerland, dividend funds associated with your ownership of Logitech shares will be transferred electronically to the bank account where your shares are held. For stock certificate holders, the dividend payment will be delivered electronically to the bank account you designate. If you are a registered shareholder in the United States, you will receive a check to the address of record on file with Computershare. If you hold the stock in Street Name in the US (that is, you hold the stock through an institution such as a broker/dealer), dividend funds associated with your ownership of Logitech shares will be transferred electronically to the account where you hold the stock.

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How do I report the cash dividend for tax purposes?

Shareholders are urged to consult their legal, financial and tax advisors with respect to their individual tax consequences relating to the dividend. Your bank/broker is responsible for sending tax information.

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Is this dividend subject to Swiss withholding tax?

Logitech's dividend is subject to Swiss withholding tax for all of our shareholders. The proceeds paid to shareholders will be the equivalent of 65% of the gross dividend (which excludes the 35% Swiss withholding tax which will be deducted automatically). You are encouraged to seek additional information from your personal legal, financial and/or tax advisors to determine possible eligibility and the process for refund of Swiss withholding tax.

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In what currency will the dividend be paid?

Logitech intends to pay the dividend in Swiss Francs (CHF) and US Dollars (USD). If your shares are held in the Swiss registry, you can expect to receive the dividend payment in CHF, unless you have made other arrangements with your account administrator. If your shares are held in the US registry, you can expect to receive the dividend payment in USD, unless you have made other arrangements with your account administrator.

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Does Logitech have a dividend reinvestment program?

No.

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Who should I contact with questions about my dividend payment?

We recommend that you speak with the bank or broker where you hold your Logitech shares. You can also send questions/comments to LogitechIR@logitech.com.

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How do I determine if I am eligible for a refund of the 35% Swiss withholding tax?

If you are a tax resident in Switzerland, you are eligible to include the 35% dividend withholding tax on your tax return and the Swiss tax authorities should take the paid withholding tax into consideration when determining the final tax assessment. If you are a tax resident in a country with which Switzerland has concluded a double tax treaty, in most cases you are eligible to recover a portion (but not all) of the Swiss withholding tax from the Swiss tax authorities. Countries with which Switzerland has concluded a double tax treaty are, for example, the United States of America, the United Kingdom and many other countries. If you are tax resident in a country with which Switzerland has not concluded a double tax treaty, in principle you are not eligible to recover the Swiss withholding tax from the Swiss tax authorities.

Please note that Logitech does not provide legal, financial or tax advice to its shareholders. Shareholders are advised to consult with their personal legal, financial and/or tax advisors before pursuing or not pursuing a refund. For further information, including the forms that may need to be completed, please see the Swiss Federal Tax Administration's website

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