6 Other 23 17 Total Debt $4,218 $4,198 Days Outstanding* 59 61 Appendix The following provides additional information regarding our nonGAAP financial measures: Adjusted Income Tax (Expense) Benefit and Adjusted Effective Tax Rate – represent income tax (expense) benefit and effective tax rate, respectively, (the most comparable GAAP financial measures) after adjusting for the tax effect of special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, other inc ...

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 September 29, 2023 | Switzerland | | 98-0518048 | | --- | --- | --- | | (Jurisdiction of Incorporation) | | (I.R.S. Employer Identification No.) | | Mühlenstrasse 26, CH-8200 Schaffhausen, Switzerland | | +41 (0)52 633 66 61 | | (Address of principal executive offices) | | (Registrant's ...

TE Connectivity Fourth Quarter 2023 Earnings Non-GAAP Financial Measures Q4 Sales in line with Expectations & Adjusted EPS Exceeded Guidance • Generated record quarterly Free Cash Flow of $945M • Sales of $16.0B, ~flat on a reported basis Y/Y despite FX headwinds of ~$430M • 3% organic growth Y/Y driven by the Transportation and Industrial segments November 1, 2023 EVERY CONNECTION COUNTS Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements Where we have used non-GAAP financ ...

TE Connectivity Ltd. (NYSE:TEL) Q4 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Sujal Shah - VP, IR Terrence Curtin - CEO Heath Mitts - CFO Conference Call Participants Mark Delaney - Goldman Sachs Wamsi Mohan - Bank of America Steven Fox - Fox Advisors Chris Snyder - UBS William Stein - Truist Securities Amit Daryanani - Evercore Joe Cardoso - JPMorgan Joe Giordano - TD Cowen Luke Junk - Baird Scott Davis - Melius Research Christopher Glynn - Oppenheimer Shreyas Patil - Wo ...

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 June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 001-33260 (Commission File Number) TE CONNECTIVITY LTD. (Exact name of registrant as specified in its charter) Switzerland (Jurisdiction of Incorporation) 98-0518048 (I.R.S ...

Financial Data and Key Metrics Changes - The company's third quarter sales were $4 billion, slightly down year-over-year on a reported and organic basis [64][128] - Adjusted operating income was $692 million with an adjusted operating margin of 17.3%, reflecting a 130 basis points sequential improvement [78][106] - Free cash flow for the quarter was approximately $615 million, with year-to-date free cash flow up 40% year-over-year [107][141] Business Line Data and Key Metrics Changes - In the Transportation segment, sales grew 7% organically year-over-year, driven by a 9% growth in the auto business [69][91] - The Industrial segment saw a 2% organic growth year-over-year, with strong performance in three out of four businesses [71][91] - The Communications segment experienced a 37% organic sales decline, attributed to market weakness and inventory consumption [101][128] Market Data and Key Metrics Changes - Global auto production is expected to remain flat at approximately 20 million units per quarter, with hybrid and electric vehicles making up about 25% of total production [62][69] - The company reported a 5% sequential increase in Communications segment orders, marking the first increase since the first quarter of fiscal 2022 [68] - The addressable market for renewable applications has a double-digit CAGR, with the company benefiting from utility-scale solar and wind farm deployments [72][89] Company Strategy and Development Direction - The company is focused on capitalizing on secular growth trends, including increased global production of electric vehicles and adoption of renewable energy [87][90] - There is a commitment to achieving high-teen operating margins in the Transportation Solutions segment, despite current margins being below target due to recent acquisitions [5][13] - The company is actively looking for M&A opportunities to enhance its strategic positioning [118][143] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the operating environment, noting improvements in supply chains and stable order trends across segments [61][90] - The company expects to maintain similar revenue levels in the fourth quarter as in the third quarter, with adjusted earnings per share around $1.75 [92][111] - Management highlighted the importance of working capital management and the positive impact on free cash flow performance [88][141] Other Important Information - The company has committed to science-based targets for greenhouse gas reduction by 2030, including Scope 3 emissions [67][93] - The company reported a significant reduction in Scope 1 and 2 greenhouse gas emissions, with 50% of its electricity sourced from renewable sources [93][128] Q&A Session Summary Question: Can you discuss the offsetting headwinds affecting the top line? - Management noted that while transportation revenue was stronger, the Communications segment was weaker due to ongoing market corrections and inventory adjustments [135] Question: What is the outlook for cash flow sustainability and capital allocation? - Management expressed confidence in cash flow sustainability, with a disciplined capital allocation strategy that includes funding for new products and M&A opportunities [141][143] Question: How does the company view the competitive landscape in AI? - Management highlighted strong relationships with key customers and semiconductor suppliers, emphasizing the importance of high-speed, low-latency connectivity in AI applications [120][146]

27 28 Net Sales (1) Excludes the impact of an additional week in the fourth quarter of fiscal 2022. The impact of the additional week was estimated using average sales for the fourth quarter of the fiscal year. (1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction. Net sales growth (decline) (8.2) % (1) Outlook is as of July 26, 2023. (2) See description of non-GAAP financial mea ...

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 March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 001-33260 (Commission File Number) TE CONNECTIVITY LTD. (Exact name of registrant as specified in its charter) Switzerland 98-0518048 (Jurisdiction of Incorp oration) (I.R ...

TE Connectivity Ltd. (NYSE:TEL) Q2 2023 Earnings Conference Call April 26, 2023 8:30 AM ET Company Participants Sujal Shah – Vice President-Investor Relations Terrence Curtin – Chief Executive Officer Heath Mitts – Chief Financial Officer Conference Call Participants Mark Delaney – Goldman Sachs Chris Snyder – UBS Wamsi Mohan – Bank of America Amit Daryanani – Evercore Joe Giordano – Cowen Scott Davis – Melius Research Christopher Glynn – Oppenheimer Matt Sheerin – Stifel Samik Chatterjee – J.P. Morgan Stev ...

Q2 Financial Summary $1.81 $1.65 Q2 2022 Q2 2023 | --- | --- | |----------|-------| | | | | | | | | | | | | | | | | Adjusted | | | EBITDA | | | Margin | | $ in Millions Additional Information Operational Performance 308 0.01 Adjusted EPS is a non-GAAP financial measure; See Appendix for description and reconciliation. Sales (in millions) Operational Performance (81) (0.15) Y/Y Q3 2023 Free Cash Flow and Working Capital Liquidity, Cash & Debt Free Cash Flow is a non-GAAP financial measure, see Appendix for d ...