Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 25, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-23354 FLEX LTD. (Exact name of registrant as specified in its charter) Singapore Not Applicable (State or ot ...

Flex Ltd. (NASDAQ:FLEX) Q2 2021 Earnings Conference Call October 29, 2020 5:00 PM ET Company Participants David Rubin - Vice President of Investor Relations Revathi Advaithi - Chief Executive Officer Paul Lundstrom - Chief Financial Officer Conference Call Participants Michael Murray - RBC Capital Markets Ruplu Bhattacharya - Bank of America Mark Delaney - Goldman Sachs Matt Sheerin - Stifel Paul Coster - JPMorgan Steven Fox - Fox Advisors Tim Yang - Citi Shannon Cross - Cross Research Christian Schwab - Cr ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Ordinary Shares, No Par Value FLEX The Nasdaq Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 26, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fro ...

Flex Ltd (NASDAQ:FLEX) Q1 2021 Results Conference Call July 30, 2020 5:00 PM ET Company Participants David Rubin - Vice President of Investor Relations Revathi Advaithi - Chief Executive Officer Christopher Collier - Chief Financial Officer Conference Call Participants Steven Fox - Fox Advisors Tim Yang - Citi Paul Coster - JP Morgan Ruplu Bhattacharya - Bank of America Shannon Cross - Cross Research Adam Tindle - Raymond James Operator Good afternoon, and welcome to the Flex First Quarter Fiscal Year 2021 ...

Use these links to rapidly review the document TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 000-23354 FLEX LTD. (Exact name of registrant as specified in its charter) (State or other jurisdiction of in ...

Financial Data and Key Metrics Changes - Revenue for Q4 2020 was $5.5 billion, down 12% year-over-year due to COVID-19 and planned portfolio changes [16][18] - Adjusted operating margin was 3.8%, despite absorbing $52 million in COVID-19 related costs [16][20] - Adjusted EPS for Q4 was $0.28, reflecting a 5% year-over-year increase [19] - Full year revenue for fiscal 2020 was $24.2 billion, down 7.6% year-over-year, with an adjusted operating margin of 3.7%, the highest since 2001 [17][19] Business Line Data and Key Metrics Changes - HRS revenue was $1.1 billion, down 6% year-over-year, impacted by an 8% decline in automotive and a 2% decline in health solutions [23] - II revenue grew 23% year-over-year to $1.9 billion, driven by strong growth in renewable energy solutions [23] - CEC revenue declined 23% year-over-year to $1.5 billion due to production disruptions [24] - CTG revenue fell 37% year-over-year to $1 billion, affected by supply chain constraints and portfolio reductions [24] Market Data and Key Metrics Changes - Component shortages peaked on February 22, but have since improved, with shortages now only in a few situations [13] - China sites are fully operational, while some sites in other regions remain shut down due to COVID-19 outbreaks [14] - Automotive facilities were shut down in line with customer facility closures, expected to continue through May [14] Company Strategy and Development Direction - The company is focusing on a diversified portfolio and targeted growth applications, emphasizing agility and reliability in operations [39][40] - A commitment to long-term strategy remains, with a focus on technology differentiation and adapting to new supply chain demands [39][40] - The company is leveraging its operational radar to anticipate and balance supply and demand needs [38] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery of bookings, particularly in health solutions and automotive, despite recent slowdowns [44] - The company anticipates a sequential decline in enterprise revenue in the range of high single to low double digits due to ongoing disruptions [35] - Management expects strong growth in health solutions, driven by increased demand for critical care products, despite challenges in elective procedures [33][52] Other Important Information - The company suspended share buybacks to preserve cash during the pandemic [15][28] - Adjusted free cash flow for Q4 was $134 million, marking the sixth consecutive quarter of positive cash flow [26] - The company has a strong liquidity position with ample access to cash and no near-term debt maturities [29] Q&A Session Summary Question: Bookings trends in March and April - Bookings were lower in the last quarter compared to prior quarters, with strong bookings in health solutions but slowness in other segments [44] Question: Long-term margin expectations - Management expects to return to targeted operating margin levels despite increased COVID-related costs in the next quarter [46] Question: Cash flow expectations and inventory management - The company has generated over $100 million in free cash flow for six consecutive quarters and is actively managing inventory levels [50] Question: Impact of COVID on medical and elective surgery demand - Growth in health solutions is expected to be strong, net of reductions in elective surgeries, with a quick rebound anticipated [52] Question: Production experiences in various regions - Production in Malaysia and India has faced challenges, but operations are expected to ramp back up [56] Question: 5G ramp expectations - 5G investments are strong in China, while Europe and North America are currently on pause [62] Question: Portfolio pruning in CTG and CEC - Most portfolio corrections have been addressed, with ongoing efforts to improve business mix [74]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2019 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-23354 FLEX LTD. (Exact name of registrant as specified in its charter) Singapore Not Applicable (State or oth ...

Flex Ltd (NASDAQ:FLEX) Q3 2020 Earnings Conference Call January 30, 2020 5:00 PM ET Company Participants David Rubin - IR Revathi Advaithi - CEO & Director Christopher Collier - CFO Conference Call Participants Paul Coster - JPMorgan Chase & Co. Mark Delaney - Goldman Sachs Group Ruplu Bhattacharya - Bank of America Merrill Lynch Tim Yang - Citigroup Adam Tindle - Raymond James & Associates Matthew Sheerin - Stifel, Nicolaus & Company Operator Good afternoon, and welcome to the Flex Third Quarter Fiscal Yea ...