Flex (FLEX) Proxy filing summary

Executive summary

• Announced a planned spin-off of the Cloud & Power Infrastructure segment, introducing Axiom as a new independent company focused on digital and electrical infrastructure.

• The spin-off aims to enhance strategic focus, financial flexibility, and value creation for shareholders, with expectations of tax-free treatment for U.S. federal income tax purposes.

• Forward-looking statements highlight anticipated benefits, future performance, and management changes for both entities post spin-off.

Voting matters and shareholder proposals

• Shareholder approval is required for the spin-off proposal, with a proxy statement to be filed and disseminated for voting.

• Flex directors and executive officers may participate in proxy solicitation, with details on their holdings and compensation disclosed in prior filings.

Board of directors and corporate governance

• Information on directors, executive officers, and their ownership is available in the 2026 annual general meeting proxy statement, with updates reflected in SEC filings.