Logitech 2010 Annual Report Download - page 164

152
(1) Mr. Borel has not entered into any written shareholders’ agreements.
(2) 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, 2010.
(3) Number of shares held by FMR LLC is based on a Schedule 13G filed by FMR LLC with the U.S. Securities
and Exchange Commission on February 16, 2010, on behalf of funds managed by and clients of FMR LLC
and its direct and indirect subsidiaries.
(4) Number of shares held by Thornburg Investment Management is based on a notification received by the
Company on May 22, 2008 informing the Company that the ownership of Thornburg Investment Management,
on behalf of funds managed by and clients of the Thornburg Group, had exceeded 5% of the Company’s
voting rights.
In addition, as of March 31, 2010, a total of 20,550,648 shares were subject to potential issuance under
employee equity incentives outstanding as of such date.
Under Swiss law shareholders who own voting rights exceeding certain percentage thresholds of a company
incorporated in Switzerland whose shares are listed on a stock exchange in Switzerland are required to notify the
company and the relevant Swiss exchange of such holdings. Following receipt of this notification, the company is
required to inform the public in Switzerland.
Logitech has not been notified of any ownership of options or other derivative securities of the Company,
whether privately or publicly traded, by any significant shareholder of the Company that is not a member of the
Board of Directors or an executive officer.
1.3 Cross-shareholdings
Logitech has no shareholdings in companies that to its knowledge have shareholdings in Logitech.
2. Capital Structure
2.1 Share Capital
As of March 31, 2010, Logitech International S.A.’s nominal share capital was CHF 47,901,655, consisting of
191,606,620 shares with a par value of CHF 0.25 each.
Nominal conditional share capital designated to cover the potential issuance of shares under employee equity
incentive plans amounts to CHF 6,250,000, consisting of 25,000,000 shares. In addition, nominal conditional share
capital designated to cover conversion rights that may be granted in connection with a future issuance of debt
obligations convertible into Logitech shares amounts to CHF 6,250,000, consisting of 25,000,000 shares. Refer to
section 2.2 for more information on the Company’s authorized and conditional capital.
2.2 Details on the Company’s Authorized and Conditional Share Capital
Authorized share capital. Under Swiss corporate law the total nominal par value of the shares authorized by
shareholders for future issuance, other than to cover derivative securities, is referred to as authorized share capital.
As of March 31, 2010 Logitech has no authorized share capital.
Conditional share capital. Under Swiss corporate law the total nominal par value of the shares authorized
by shareholders for future issuance on the conversion or exercise of derivative securities issued by a company
is referred to as conditional share capital. Under Swiss law a company must have sufficient conditional capital
or available treasury shares to cover any conversion rights under derivative securities at the time the derivative
securities are issued.