Flex (FLEX) Proxy filing summary

Executive summary

• Achieved record financial results in FY26, including 98% one-year TSR and $27.9B in revenue.

• Executed a strategy to separate the Cloud and Power Infrastructure (CPI) business, creating two focused companies.

• Shareholders realized $8.5B in value creation since the spin-off announcement, with $26.7B in market value appreciation tied to the CEO's strategic execution.

• SpinCo will focus on digital and electrical infrastructure, while the remaining business will target higher-growth opportunities.

Voting matters and shareholder proposals

• Proposals include re-election of nine directors, re-appointment of independent auditors, approval of executive compensation, authorization of share issuances, and renewal of the share purchase mandate.

Board of directors and corporate governance

• Board Chair role secured for Ms. Advaithi post-spin to ensure leadership continuity.

• Built two management teams to lead both Flex and the new CPI business.