Logitech 2007 Annual Report Download - page 103

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B. Compensation of Executive Officers and Directors
Information concerning the compensation of Executive Officers and Directors of Logitech appears in
Section 5.2 “Compensation of Directors and Executive Officers” in Exhibit 15.1 to the Form 20-F and is
incorporated herein by reference.
C. Board Practices
Information concerning Logitech’s board practices appears in Section 3 “The Board of Directors” in
Exhibit 15.1 to the Form 20-F and is incorporated herein by reference.
D. Employees
The number of people employed worldwide by Logitech was as follows:
As of March 31,
Category 2007 2006 2005
Research and development ............................... 853 807 645
Manufacturing and distribution ........................... 5,071 5,081 5,108
Marketing, sales and support ............................. 769 678 639
Administrative ........................................ 738 642 506
Total ............................................ 7,431 7,208 6,898
Of the total number of employees as of March 31, 2007, 1,181 were in North America, 679 were in Europe
and 5,571 were in Asia. None of Logitech’s U.S. employees are represented by a labor union or are subject to a
collective bargaining agreement. Certain foreign countries, such as China, provide by law for employee rights,
which include requirements similar to collective bargaining agreements. We believe that our employee relations
are good.
E. Share Ownership
Share and option ownership of Logitech’s Directors and Executive Officers appears in Section 5.5 “Share
Ownership of Directors and Executive Officers” and Section 5.6 “Option Ownership of Directors and Executive
Officers” in Exhibit 15.1 to the Form 20-F and is incorporated herein by reference.
Information concerning Logitech’s employee share-based compensation arrangements including stock
option plans and employee share purchase plans is disclosed in Note 4 – ”Share-Based Compensation” of the
Notes to Consolidated Financial Statements included in Item 18 “Financial Statements.”
ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS
A. Major Shareholders
The following table sets forth certain beneficial ownership information as of March 31, 2007 of each
shareholder known by Logitech to beneficially own 5% or more of the Company’s shares. Logitech does not
believe it is directly or indirectly owned or controlled by any corporation or by any foreign government. The
voting rights of Logitech shares held by major shareholders are the same as the voting rights of shares held by all
other shareholders. The Company is unaware of any arrangement that might result in a change in its control.
Name of Beneficial Owner
Shares Beneficially
Owned (1) Percentage (2)
Daniel Borel .................................... 11,000,000 5.7%
51
CG