Flex (FLEX) Proxy filing summary

Executive summary

• EPC Power acquisition completed Oct. 14, adding power conversion and grid-forming technology to the Cloud and Power Infrastructure portfolio; supports next-generation 800V data center architectures.

• A planned spin-off would separate the Cloud and Power Infrastructure business into an independent, publicly traded company; anticipated benefits include strategic focus, financial flexibility, and shareholder value creation.

Voting matters and shareholder proposals

• A proxy statement filed Oct. 5 sought shareholder approval of spin-off-related proposals.

Risk oversight and compliance

• Spin-off risks include completion conditions and timing, tax-free treatment, approvals, execution costs, operational disruption, retention of key personnel, and realization of anticipated benefits.

• Outcomes may differ materially from forward-looking statements; statements are as of the date made, with no obligation to update except as required by law.