Flex (FLEX) Proxy filing summary

Executive summary

• Plans to spin off the cloud and power infrastructure segment into an independent, publicly traded company named Axiom Solutions International, Inc. over the next fiscal year.

• The spin-off aims to enhance strategic focus, financial flexibility, and value creation for shareholders.

• A Form 10 registration statement has been filed for Axiom, and a proxy statement will be sent to shareholders for approval.

• Forward-looking statements highlight anticipated benefits and outline risks and uncertainties related to the spin-off.

Voting matters and shareholder proposals

• Shareholder approval is being sought for the spin-off proposal via a proxy statement.

• Flex and certain directors and executive officers may participate in the solicitation of proxies.

Board of directors and corporate governance

• Information on directors and executive officers, including compensation and security ownership, is available in the 2026 annual general meeting proxy statement.

• Revathi Advaithi is expected to serve as CEO of Axiom, leading the new company post-spin-off.