Callaway 2007 Annual Report Download - page 10

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FORM 10-K
CALLAWAY GOLF COMPANY
2007 ANNUAL REPORT
For the fiscal year ended December 31, 2007
CERTIFICATIONS
In June 2007, the Company filed with the New York Stock Exchange the Annual CEO Certification required under
Section 303A.12(a) of the NYSE’s Listed Company Manual regarding the Company’s compliance with the
NYSE’s corporate governance listing standards. In February 2008, the Company filed with the Securities and
Exchange Commission the certifications of the Company’s Chief Executive Officer and Chief Financial
Officer required under Sections 302 and 906 of the Sarbanes-Oxley Act of 2002 as Exhibits 31.1, 31.2 and
32.1 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2007.
FORWARD - LOOKING INFORMATION
Statements made in the letter to shareholders that relate to future plans, events, financial results or performance,
including statements relating to future gross margin improvements and market acceptance of new products, are
forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These statements
are based upon current goals, estimates, information and expectations. Actual results may differ materially from
those anticipated as a result of certain risks and uncertainties, including delays, difficulties, changed strategies,
or unanticipated factors affecting the implementation of the Company’s gross margin improvement initiatives, as
well as the general risks and uncertainties applicable to the Company and its business. For details concerning these
and other risks and uncertainties, see Part I, Item IA, “Risk Factors” contained in the following Annual Report on
Form 10-K, as well as the Company’s other reports on Forms 10-Q and 8-K subsequently filed with the
Securities and Exchange Commission from time to time. Investors are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no
obligation to update forward-looking statements to reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events.