Flex (FLEX) Proxy filing summary

Executive summary

• Announced a definitive agreement to acquire EPC Power for $4.4 billion, enhancing the Cloud and Power Infrastructure segment and supporting a planned spin-off.

• Acquisition aims to create an industry-leading portfolio in power, cooling, and compute, with EPC Power operating as a separate business unit within the new independent company.

• Forward-looking statements highlight anticipated benefits of the spin-off, including strategic focus, financial flexibility, and value creation for shareholders.

• Risks include uncertainties around completion, regulatory approvals, tax treatment, and potential operational disruptions.

Voting matters and shareholder proposals

• Shareholder approval is being sought for the proposed spin-off of the Cloud and Power Infrastructure business.

• Proxy statement and related materials will be filed and disseminated to shareholders for voting.

Board of directors and corporate governance

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

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