Callaway 2009 Annual Report Download - page 10

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FORM 10-K
C A L L A W A Y G O L F C O M P A N Y
2009 ANNUAL REPORT
For the fiscal year ended December 31, 2009
CERTIFICATIONS
In May 2009, 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 2010, 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, 2009.
FORWARD - LOOKING INFORMATION
Statements made in the letter to shareholders that relate to future plans, events, financial results or performance,
including statements concerning the economic recovery, outlook, and the company’s performance in 2010,
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 future changes in
foreign currency rates, consumer acceptance and demand for the Company’s products, the level of promotional
activity in the marketplace, future consumer discretionary purchasing activity (which can be significantly adversely
affected by unfavorable economic or market conditions), 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.