The Group announced today that Charles 'Chuck' Boynton, Chief Financial Officer (CFO), will be leaving the company to pursue another career opportunity. The stock fell by almost -6% on the Zurich Stock Exchange, and was the biggest decliner on the Stoxx 600 Europe this morning.

He will remain with the Company as CFO until mid-May, to ensure a transition until the end of the 2024 financial year. His successor will be appointed at a later date.

' We thank Chuck for his financial leadership during his time at Logitech. We wish him well in his next role', said Logitech CEO Hanneke Faber. ' We look forward to continuing Logitech's strong track record of growth, financial discipline and operational excellence instilled throughout the organization. '

The Company has confirmed its outlook for fiscal 2024.

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