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LISA-7
LOGITECH INTERNATIONAL S.A., APPLES
NOTES TO SWISS STATUTORY FINANCIAL STATEMENTS—(Continued)
Authorized capital
In June 2006, the Company’s shareholders renewed their approval of 40,000,000 authorized registered
shares for use in acquisitions, mergers and other similar transactions, valid through the period ending
July 10, 2008.
Conditional capital
In June 1996 and June 1995, the Company’s shareholders approved the availability of 32,000,000
and 24,000,000 conditional registered shares. In June 2002, the shareholders approved the continued
availability of the aforementioned amounts and approved an additional 24,000,000 conditional registered
shares. The remaining number of conditional registered shares at March 31, 2008 was 60,661,860, which
are available for issuance upon the exercise of employee stock options and the issuance of shares under the
Company’s employee share purchase plans. During fiscal years 2008 and 2007, no shares were issued from
the aforementioned amounts of conditional shares available. In fiscal years 2008 and 2007, all stock options
and purchase plan commitments were satisfied from treasury shares held by the Holding Company.
In addition to the aforementioned, the shareholders in June 2001 approved the creation of an
additional 10,900,000 conditional registered shares to cover the conversion rights associated with the issue
of a convertible bond by Logitech Jersey Ltd, a subsidiary of the Holding Company. In June 2007, this
conditional share capital for 10,900,000 shares was eliminated. The conditional share capital was no longer
required, as the Company satisfied its conversion obligations during fiscal year 2006 by the delivery of
treasury shares rather than the issuance of shares from conditional share capital.
As at March 31, 2008, none of the aforementioned conditional registered shares had been issued.
Note 6 — Significant Shareholders:
The Holding Company’s share capital consists of registered shares. To the knowledge of the Company,
the beneficial owners holding more than 3% of the voting rights of the Company as of March 31, 2008 were
as follows:
Name Number of Shares(2)
% of Voting
Rights(3) Relevant Date
Daniel Borel(1) ............................ 11,000,000 5.7% March 31, 2008
Logitech International S.A. ................. 12,431,093 6.5% March 31, 2008
FMR LLC(4) .............................. 9,006,810 4.7% November 29, 2007
The Capital Group Companies, Inc.(5) ......... 5,869,117 3.1% January 23, 2008
(1) Mr. Borel has not entered into any written shareholders’ agreements.
(2) In compliance with Article 20 of the Swiss Federal Act on Stock Exchanges and Securities Trading of
March 24, 1995 (“SESTA”) and Article 13 of the Ordinance of the Swiss Federal Banking Commission on
Stock Exchanges and Securities Trading of June 25, 1997 (“SESTO-FBC”), conversion and acquisition
rights are not taken into consideration for the calculation of the relevant shareholdings, unless such rights
entitle their holders to acquire, upon exercise, at least 3% of the Company’s voting rights.
(3) In compliance with Article 10 paragraph 2 of SESTO-FBC, shareholdings are calculated based on the
aggregate number of voting rights entered into the Swiss commercial register. This aggregate number
was 191,606,620 voting rights as of March 31, 2008.