Flex (FLEX) Proxy filing summary

Executive summary

• Plans announced for the spin-off of the Cloud and Power Infrastructure segment into an independent, publicly traded company, Axiom Solutions International, Inc.

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

• Expected tax-free treatment for U.S. federal income tax purposes and anticipated management changes post spin-off.

• Forward-looking statements highlight growth opportunities, market positioning, and financial outlook for both entities.

Voting matters and shareholder proposals

• Shareholder approval is being sought for the spin-off proposal via a proxy statement on Schedule 14A.

• Proxy materials will be mailed or disseminated to shareholders, with instructions to review all related documents.

Board of directors and corporate governance

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

• Any changes in holdings by directors or officers will be reflected in SEC filings such as Form 3 or Form 4.