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 30, 2022 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. E ...

Financial Data and Key Metrics Changes - TE Connectivity reported Q4 sales of $4.4 billion, up 14% year-over-year, with adjusted earnings per share (EPS) of $1.88, an 11% increase year-over-year [19][20][23] - For the full year 2022, sales reached a record $16.3 billion, up 9% year-over-year, with adjusted EPS at $7.33, a 13% increase [22][51] - The company experienced a significant foreign exchange headwind of approximately $760 million for the full year and expects about $1 billion in 2023 [52] Business Line Data and Key Metrics Changes - Transportation segment sales increased 13% organically year-over-year, with the auto business growing 16% [39] - Industrial segment sales rose 16% organically, driven by strong performance in industrial equipment and aerospace [42] - Communication segment saw a 3% organic growth, but the appliance business declined 46% due to market moderation [44] Market Data and Key Metrics Changes - Orders for Q4 were $4.3 billion, reflecting resilience in transportation and industrial markets, while communication segment orders showed moderation [33] - Backlog increased to $6 billion, up 11% year-over-year, with a book-to-bill ratio of 1.03 in transportation [34] - Year-over-year growth in orders was 6% in China and Europe, while North America remained flat [38] Company Strategy and Development Direction - The company is focused on long-term growth opportunities in electric vehicles, smart factory applications, and renewable energy [32] - TE Connectivity is implementing price increases to offset inflationary pressures and expects margin recovery in the second half of 2023 [30][46] - The company aims to maintain a strong cash generation model while returning capital to shareholders [54] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges from global economic uncertainty but emphasized strong operational performance and solid demand across most markets [9][10] - The company expects continued growth in transportation and industrial segments, while communication markets may face headwinds [86][90] - Management remains optimistic about long-term content growth driven by electric vehicle adoption and market positioning [125] Other Important Information - TE Connectivity returned over $2 billion to shareholders through share buybacks and dividends in fiscal 2022 [54] - The company reduced inventory by approximately $350 million in Q4 to align with improving supply chain conditions [21] Q&A Session Summary Question: Earnings trajectory into 2023 - Management discussed the impact of inventory reduction on margins and highlighted a record free cash flow of nearly $750 million in Q4 [62] Question: Order and backlog trends - Management clarified that a book-to-bill below one is expected as supply chains improve, with no significant cancellations or push-outs [73] Question: End markets outlook - Management provided insights on transportation, industrial, and communication segments, noting challenges and growth opportunities [82][90] Question: Gross margin impact from inventory reduction - Management confirmed that the inventory reduction would have a temporary impact on margins, with expectations for recovery in subsequent quarters [93] Question: Operating margin trajectory - Management indicated that transportation margins are expected to improve in the second half of the fiscal year due to planned price increases [100] Question: Content growth expectations - Management expressed confidence in exceeding the 4% to 6% content growth target due to electric vehicle penetration and stable production [125]

TE Connectivity Fourth Quarter 2022 Earnings November 2, 2022 EVERY CONNECTION COUNTS Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements This presentation contains certain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial conditio ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) 98-0518048 (I.R.S. Employer Identification No.) Mühlenstrasse 26, CH-8200 Schaffhausen, Switzerland (Address of principal executive offices) +41 (0)52 633 66 61 (Registrant's telephone number) Securities registered pursuant to Section 12(b) of the Act: ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 24, 2022 or ☐ TRANSITI ...

TE Connectivity Ltd. (NYSE:TEL) Q3 2022 Earnings Conference Call July 27, 2022 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 Chris Snyder – UBS David Kelly – Jeffries Wamsi Mohan – Bank of America Mark Delaney – Goldman Sachs Robert Jamieson – Cowen & Company Amit Daryanani – Evercore William Stein – Truist Securities Matt Sheerin – Stifel Christopher Glynn – Oppenhe ...

Q3 2022 Performance Highlights - Sales reached $4.1 billion, a 7% increase reported and an 11% organic growth year-over-year, with growth across all businesses[5] - Orders totaled $4.2 billion, resulting in a book-to-bill ratio of 1.02, indicating strong customer demand[5] - Adjusted EPS increased by 4% year-over-year to $1.86[5] - Year-to-date free cash flow was approximately $1 billion, with around $1.6 billion returned to shareholders[5] Segment Performance - Transportation sales increased to $2.3 billion, up 2% reported and 8% organically year-over-year[12, 11] - Industrial sales increased to $1.134 billion, up 13% both reported and organically year-over-year[20, 19] - Communications sales increased to $663 million, up 15% reported and 16% organically year-over-year[27] Q4 2022 Guidance - Expects Q4 sales of approximately $4.2 billion and adjusted EPS of around $1.85[6] - Sales are projected to increase by 10% reported and 15% organically year-over-year, with adjusted EPS up 9% year-over-year[6] - Fiscal year 2022 sales are anticipated to be approximately $16.1 billion and adjusted EPS around $7.29[6]

TE Connectivity Bernstein Strategic Decisions Conference Terrence Curtin, CEO June 2, 2022 EVERY CONNECTION COUNTS Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements This presentation contains certain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, pe ...

Part I. Financial Information [Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) Presents unaudited Condensed Consolidated Financial Statements for quarterly and six-month periods, including Statements of Operations, Balance Sheets, and Cash Flows with accompanying notes Condensed Consolidated Statements of Operations Highlights | Indicator | For the Quarter Ended March 25, 2022 (Millions USD) | For the Quarter Ended March 26, 2021 (Millions USD) | For the Six Months Ended March 25, 2022 (Millions USD) | For the Six Months Ended March 26, 2021 (Millions USD) | | :--- | :--- | :--- | :--- | :--- | | **Net sales** | $4,007 | $3,738 | $7,825 | $7,260 | | **Gross margin** | $1,337 | $1,210 | $2,567 | $2,356 | | **Operating income** | $705 | $612 | $1,377 | $1,060 | | **Net income** | $560 | $506 | $1,126 | $887 | | **Diluted EPS** | $1.71 | $1.51 | $3.43 | $2.66 | Condensed Consolidated Balance Sheets Highlights | Indicator | As of March 25, 2022 (Millions USD) | As of September 24, 2021 (Millions USD) | | :--- | :--- | :--- | | **Total current assets** | $7,417 | $7,263 | | **Total assets** | $21,451 | $21,462 | | **Total current liabilities** | $5,046 | $4,656 | | **Total liabilities** | $10,902 | $10,714 | | **Total shareholders' equity** | $10,442 | $10,634 | Condensed Consolidated Statements of Cash Flows Highlights | Indicator | For the Six Months Ended March 25, 2022 (Millions USD) | For the Six Months Ended March 26, 2021 (Millions USD) | | :--- | :--- | :--- | | **Net cash provided by operating activities** | $945 | $1,220 | | **Net cash used in investing activities** | ($383) | ($323) | | **Net cash used in financing activities** | ($1,012) | ($101) | | **Net (decrease) increase in cash** | ($454) | $803 | [Notes to Condensed Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Details accounting policies and financial items, including a new restructuring program, a Communications Solutions acquisition, debt issuance and redemption, and segment performance - In fiscal 2022, a new restructuring program was initiated for footprint consolidation and cost structure improvements, with charges of **$53 million** recorded in the first six months and an expected **$50 million** in annualized cost savings by the end of fiscal 2024[32](index=32&type=chunk)[125](index=125&type=chunk) - During the first six months of fiscal 2022, the company acquired one business in the Communications Solutions segment for a cash purchase price of **$127 million**, net of cash acquired[38](index=38&type=chunk) - In Q2 2022, TEGSA, a wholly-owned subsidiary, issued **$600 million** of 2.50% senior notes due 2032 and completed an early redemption of **$500 million** of 3.50% senior notes[46](index=46&type=chunk)[47](index=47&type=chunk) Net Sales by Segment (Six Months Ended) | Segment | March 25, 2022 (Millions USD) | March 26, 2021 (Millions USD) | Change % | | :--- | :--- | :--- | :--- | | Transportation Solutions | $4,472 | $4,511 | -0.9% | | Industrial Solutions | $2,134 | $1,825 | +16.9% | | Communications Solutions | $1,219 | $924 | +31.9% | | **Total** | **$7,825** | **$7,260** | **+7.8%** | Operating Income by Segment (Six Months Ended) | Segment | March 25, 2022 (Millions USD) | March 26, 2021 (Millions USD) | Change % | | :--- | :--- | :--- | :--- | | Transportation Solutions | $804 | $706 | +13.9% | | Industrial Solutions | $271 | $187 | +44.9% | | Communications Solutions | $302 | $167 | +80.8% | | **Total** | **$1,377** | **$1,060** | **+29.9%** | [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=26&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Q2 and first-half fiscal 2022 financial results, highlighting sales growth, gross margin improvements, and the impact of global events, along with the Q3 fiscal 2022 outlook - For Q2 2022, net sales increased **7.2%** year-over-year, with organic growth of **8.4%**, and for the first six months, net sales increased **7.8%** year-over-year, with organic growth of **8.2%**[100](index=100&type=chunk)[112](index=112&type=chunk)[113](index=113&type=chunk) - The company suspended business in Russia and paused operations in Ukraine, which has increased costs for transportation, energy, and raw materials, though the direct financial impact was not significant in the first half of fiscal 2022[100](index=100&type=chunk)[101](index=101&type=chunk) - For Q3 fiscal 2022, the company expects net sales of approximately **$3.9 billion** and diluted EPS from continuing operations of approximately **$1.71**, factoring in an estimated **$154 million** negative impact on sales from foreign currency exchange rates and a **300 basis point** negative impact on sales from COVID-19 shutdowns in China[107](index=107&type=chunk) [Results of Operations](index=29&type=section&id=Results%20of%20Operations) Analyzes Q2 2022 net sales growth, organic contributions, currency impacts, and gross margin improvements driven by volume and pricing actions offsetting higher material costs Net Sales Change Analysis (Q2 2022 vs Q2 2021) | Component | Value (Millions USD) | Growth % | | :--- | :--- | :--- | | Net Sales Growth | $269 | 7.2% | | Organic Net Sales Growth | $316 | 8.4% | | Acquisitions (Divestitures) | $63 | 1.7% | | Foreign Currency Translation | ($110) | -2.9% | - Gross margin for Q2 2022 increased by **$127 million** year-over-year, primarily due to higher volume and positive pricing actions, which were partially offset by higher material costs[119](index=119&type=chunk) - The company expects to purchase approximately **225 million lbs** of copper, **140,000 troy oz** of gold, **2.9 million troy oz** of silver, and **15,000 troy oz** of palladium in fiscal 2022, and has experienced price increases in these commodities[122](index=122&type=chunk) [Segment Results](index=35&type=section&id=Segment%20Results) Details performance across Transportation, Industrial, and Communications Solutions segments, highlighting sales growth, organic contributions, and operating margins for Q2 and the first six months - **Transportation Solutions:** Q2 sales grew **1.2%** year-over-year, with **4.5%** organic growth offset by currency headwinds, achieving an operating margin of **17.7%**, while sales for the first six months declined **0.9%**[131](index=131&type=chunk)[134](index=134&type=chunk) - **Industrial Solutions:** Q2 sales grew **12.9%** year-over-year, driven by **10.5%** organic growth and contributions from acquisitions, resulting in an operating margin of **13.8%**, with sales for the first six months growing **16.9%**[138](index=138&type=chunk)[140](index=140&type=chunk) - **Communications Solutions:** Q2 sales grew **23.8%** year-over-year, driven by **22.8%** organic growth, achieving an operating margin of **23.9%**, with sales for the first six months growing **31.9%**[143](index=143&type=chunk)[144](index=144&type=chunk) [Liquidity and Capital Resources](index=40&type=section&id=Liquidity%20and%20Capital%20Resources) Discusses the company's liquidity, cash flow from operations, debt activities, share repurchases, and dividend payments, affirming sufficient resources for future needs - Net cash from operating activities decreased by **$275 million** to **$945 million** in the first six months of fiscal 2022 compared to the prior year, primarily due to higher incentive compensation payments and increased working capital[148](index=148&type=chunk) - During the first six months of fiscal 2022, the company repurchased **5 million** common shares for **$752 million**, with **$839 million** remaining available under the share repurchase authorization as of March 25, 2022[84](index=84&type=chunk)[157](index=157&type=chunk) - In March 2022, shareholders approved a dividend of **$2.24 per share** for the upcoming year, to be paid in four quarterly installments of **$0.56 per share**, representing an increase from the previous dividend[82](index=82&type=chunk)[156](index=156&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=47&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Reports no significant changes in market risk exposures during the first six months of fiscal 2022, referring to the Annual Report for comprehensive details - There have been no significant changes in the company's exposures to market risk during the first six months of fiscal 2022[182](index=182&type=chunk) [Controls and Procedures](index=47&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded disclosure controls and procedures were effective as of March 25, 2022, with no material changes to internal control over financial reporting during the quarter - Based on an evaluation as of March 25, 2022, the Chief Executive Officer and Chief Financial Officer concluded that the company's disclosure controls and procedures were effective[183](index=183&type=chunk) - There were no changes in internal control over financial reporting during the quarter ended March 25, 2022, that have materially affected or are reasonably likely to materially affect internal controls[184](index=184&type=chunk) Part II. Other Information [Legal Proceedings](index=49&type=section&id=Item%201.%20Legal%20Proceedings) Reports no material developments in legal proceedings since the last Annual Report on Form 10-K, referring to previous filings for further information - No material developments in legal proceedings have occurred since the last Annual Report on Form 10-K[187](index=187&type=chunk) [Risk Factors](index=49&type=section&id=Item%201A.%20Risk%20Factors) Highlights no material changes to risk factors, emphasizing business interruptions from global instability, including the Russia-Ukraine conflict and COVID-19 impacts in China - The company faces risks of significant business interruptions from natural disasters, war (including the Russia-Ukraine conflict), and health crises like the COVID-19 pandemic, which has impacted operations in China[189](index=189&type=chunk) - The company is subject to global risks of political, economic, and military instability, including changes in trade policies, tax laws, and volatile conditions in China, where it has **16** principal manufacturing sites and derives **22%** of its net sales[190](index=190&type=chunk)[193](index=193&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=52&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) Details the company's common share repurchases during the quarter ended March 25, 2022, including total shares and average price paid Issuer Purchases of Equity Securities (Quarter Ended March 25, 2022) | Period | Total Shares Purchased | Average Price Paid Per Share (USD) | Shares Purchased as Part of Program | Remaining Authorization (USD) | | :--- | :--- | :--- | :--- | :--- | | Dec 25, 2021 – Jan 21, 2022 | 652,930 | $159.76 | 652,700 | $1,240,380,078 | | Jan 22 – Feb 25, 2022 | 1,397,553 | $144.33 | 1,394,900 | $1,039,050,472 | | Feb 26 – Mar 25, 2022 | 1,512,625 | $132.19 | 1,512,000 | $839,175,200 | | **Total** | **3,563,108** | **$142.00** | **3,559,600** | | [Exhibits](index=53&type=section&id=Item%206.%20Exhibits) Lists exhibits filed with the Form 10-Q, including indenture agreements, CEO and CFO certifications, and Inline XBRL data files

TE Connectivity Ltd. (NYSE:TEL) Q2 2021 Earnings Conference Call April 27, 2022 8:30 AM ET Company Participants Sujal Shah – Vice President of Investor Relations Terrence Curtin – Chief Executive Officer Heath Mitts – Chief Financial Officer Conference Call Participants Chris Snyder – UBS David Kelley – Jefferies Mark Delaney – Goldman Sachs Wamsi Mohan – Bank of America Amit Daryanani – Evercore Samik Chatterjee – J.P. Morgan Matt Sheerin – Stifel Joe Giordano – Cowen William Stein – Truist Securities Shre ...

TE Connectivity Second Quarter 2022 Earnings April 27, 2022 EVERY CONNECTION COUNTS Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements This presentation contains certain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition ...