Flex (FLEX) Proxy filing summary

Executive summary

• Announced the planned spin-off of the Cloud and Power Infrastructure business, to be named Axiom Solutions International, Inc., expected to be completed in Q1 2027.

• Axiom will operate as an independent, publicly traded company on Nasdaq under the ticker "AXM".

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

• Additional company strategies and details will be shared at Innovation Day on November 10, 2026.

• Forward-looking statements highlight anticipated benefits and future performance, subject to risks and uncertainties.

Voting matters and shareholder proposals

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

• The process also requires approval from the Singapore High Court and the Flex Board of Directors.

Board of directors and corporate governance

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

• Any changes in holdings by directors and officers will be updated in SEC filings.