Flex (FLEX) Proxy filing summary

Executive summary

• Supplement adds Guadalajara lease and site-services agreement forms plus the existing warrant, its amendment and a Spinco warrant form as annexes to materials for Proposal 2; other proxy terms remain unchanged.

• The extraordinary shareholder meeting is scheduled for November 2, 2026; the supplement corrects the pre-amendment warrantholder name to Amazon.com NV Investment Holdings LLC.

Voting matters and shareholder proposals

• Proposal 2 is the matter supplemented; the additional materials include forms of two long-term Guadalajara leases, two site-services agreements and warrant documents.

Related party transactions

• After the distribution, subsidiaries are expected to enter two Guadalajara leases and two site-services agreements; lease forms cover premises, rent, terms, shared areas and maintenance, while service agreements cover facility, utility and site services.

• Lease forms provide 25-year primary terms; FPL leases Buildings 3, 5 and 7, while FTM leases Buildings 27, 29, 31, 33 and 30% of Building 24.

• The leases are gross leases: landlord bears property taxes, insurance and site/shared-area operating and maintenance costs, subject to specified tenant-caused costs and service charges.

• Site-services agreements cover electricity and water distribution; service costs are generally usage-based pass-throughs without provider profit or margin, with additional capacity or requested expansions subject to agreed costs.