Logitech Shareholders Approve Proposals, Including Dividend, at Annual General Meeting

LAUSANNE, Switzerland--(BUSINESS WIRE)--

Logitech International LOGN LOGI today announced that, at its annual general meeting held here today, the Company's shareholders approved a dividend of CHF 0.26 per share, an increase of 25 percent over the prior year, following a year of strong cash flow from operations. Logitech shareholders eligible for the dividend must purchase the shares by the close of trading on Dec. 23, 2014 on the SIX Swiss Exchange or the Nasdaq Global Select Market. The dividend is expected to be distributed on Dec. 30, 2014. Shareholders will find more information about the dividend on the Logitech corporate website at http://ir.logitech.com.

Also at the meeting, Logitech's shareholders elected to the board of directors Dimitri Panayotopoulos, and re-elected all current members of the board. The Company also announced that Daniel Borel, Logitech co-founder, will not stand for re-election to the board of directors at the 2015 annual general meeting, when his current term ends. In addition, the shareholders elected KPMG AG as the Company's auditors, ratified the appointment of KPMG LLP as Logitech's independent registered public accounting firm, and approved all other proposals.

About Logitech

Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).

Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company's Web site at www.logitech.com.

(LOGIIR)