Flex (FLEX) Proxy filing summary

Executive summary

• Announced planned spin-off of the Cloud and Power Infrastructure segment into an independent, publicly traded company, with leadership teams named for both entities upon completion.

• Forward-looking statements highlight anticipated benefits such as enhanced strategic focus, financial flexibility, and value creation for shareholders.

• The spin-off is expected to be tax-free for U.S. federal income tax purposes and is subject to various regulatory and shareholder approvals.

Voting matters and shareholder proposals

• Shareholder approval will be sought for spin-off-related proposals via a proxy statement to be filed with the SEC.

• Flex and certain directors and executive officers may participate in the solicitation of proxies for the spin-off.

Board of directors and corporate governance

• Information on directors, executive officers, and their share ownership is available in the 2026 annual meeting proxy statement.

• Any changes in holdings by directors and officers will be disclosed in SEC filings such as Forms 3 and 4.