Flex (FLEX) Proxy filing summary

Executive summary

• Announced a planned spin-off of the Cloud and Power Infrastructure segment into an independent, publicly traded company named Axiom, aiming to enhance strategic focus and value creation for shareholders.

• Social media communications highlighted the launch of Axiom, emphasizing its role in power, thermal management, and compute infrastructure.

• Forward-looking statements address anticipated benefits, expected timing, and tax-free treatment of the spin-off, while cautioning about risks and uncertainties.

Voting matters and shareholder proposals

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

Board of directors and corporate governance

• Information about directors, executive officers, and their share ownership is available in the 2026 annual general meeting proxy statement, with updates to be reflected in future filings.