Sascha Zahnd

About Sascha Zahnd

Sascha Zahnd (age 50) is an independent director of Logitech, serving since 2022. He brings deep supply chain, manufacturing, and retail experience from Tesla, The Swatch Group (ETA S.A.), and IKEA, and currently serves on Logitech’s Audit and Nominating & Governance Committees. He holds an Executive MBA from IMD and a BA in Business Administration from the University of Applied Sciences in Basel .

Past Roles

External Roles

Board Governance

• Independence: The Board determined Zahnd is independent under Nasdaq rules and Swiss best practices .
• Committee assignments: Audit Committee Member; Nominating & Governance Committee Member .
• Attendance: In FY2025, Board met 7 times; Audit 10; N&G 4; Zahnd attended 7 Board, 10 Audit, 3 N&G meetings (all meetings held after his appointment to N&G), meeting the company’s attendance expectations .
• Years of service on LOGI Board: Director since 2022; current term proposed to end at 2026 AGM if re-elected .
• Board leadership and executive sessions: The Board has an independent Chair and held independent director sessions at four meetings in FY2025 .

Fixed Compensation

Logitech’s non-employee director program emphasizes retainers (no per-meeting fees) plus annual RSUs; fees may be taken in shares at the AGM. Applicable elements for Zahnd given his roles:

Notes:

• Cash compensation consists solely of annual retainers based on Board and committee service; directors may elect to receive retainers in shares at market price on the AGM date .
• Committee chairs receive additional fees; Zahnd is not a chair .

Performance Compensation

Directors receive service-based RSUs; no performance metrics apply to director awards.

Compensation design and benchmarking:

• The Compensation Committee employs external advisors and peer data (Compensia) to review director pay practices annually .
• Committees have authority to engage outside experts; all committee members are independent .

Other Directorships & Interlocks

Logitech’s Nominating & Governance Committee evaluates potential conflicts and oversees governance processes; no specific related-party conflicts involving Zahnd are disclosed in the proxy .

Expertise & Qualifications

• Supply chain/manufacturing leadership (Tesla, Swatch ETA), global logistics and retail operations (IKEA) .
• Public company board experience in Europe; strategy committee expertise (Valeo) .
• Education: Executive MBA (IMD); BA in Business Administration (University of Applied Sciences Basel) .

Equity Ownership

• Director ownership guidelines: Non-employee directors must hold Logitech shares equal to 5× annual cash retainer; compliance required within five years (or by Sep 2024 for certain cases). As of Jun 30, 2025, each non-employee director had satisfied or had time remaining to satisfy the guidelines .
• Directors may elect to receive retainers in shares issued under the 2006 Stock Incentive Plan .

Governance Assessment

• Board effectiveness and independence: Zahnd strengthens audit oversight and governance; independent status confirmed; strong attendance and committee engagement .
• Alignment: Robust stock ownership guidelines (5× retainer) and equity-heavy director pay support long-term alignment .
• Compensation structure: Cash-only retainers plus service-based RSUs; no per-meeting fees; benchmarking with external consultant (Compensia) is a positive practice .
• Shareholder signals: Prior votes approved board compensation maximums (CHF 3.7m and CHF 3.9m) with 96.80% and 94.93% support; ongoing say-on-pay advisory votes reflect engagement on pay practices .
• RED FLAGS: None disclosed regarding attendance shortfalls, related-party transactions, or pay anomalies; committee independence and authority to engage advisors mitigate conflict risk .

Appendix: Board Committee Composition (context)

Voting and re-election context:

• Re-election of Zahnd proposed for one-year term ending at 2026 AGM .