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 ...

Financial Data and Key Metrics Changes - The company reported sales of nearly $4.2 billion, up 4% year-over-year and 8% on an organic basis [53][64] - Adjusted operating income was $664 million, with an adjusted operating margin of 16% [52][78] - Free cash flow for the first half of the year was approximately $850 million, up 37% year-over-year [79] Business Line Data and Key Metrics Changes - The Transportation segment saw organic growth of 12%, driven by strong demand in electric vehicles [63][68] - The Industrial segment experienced a 15% organic growth, with record sales in the medical business at $200 million, reflecting a 26% increase [69][70] - The Communications segment's sales were down 20% organically, in line with expectations due to market weakness and inventory corrections [72][74] Market Data and Key Metrics Changes - Orders in the Transportation segment grew 12% sequentially, indicating stability in the market [45][62] - The energy business reported 28% organic growth, driven entirely by renewable applications [49] - The automotive market is expected to remain flat at approximately 20 million units per quarter, with electric vehicles projected to represent 25% of global production [62][111] Company Strategy and Development Direction - The company aims to expand margins through growth, price increases, and cost reduction actions [26][40] - Focus on electric vehicle adoption and renewable energy applications as key growth drivers [40][49] - The company is committed to returning two-thirds of free cash flow to shareholders and using one-third for acquisitions [55] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing cyclicality in certain end markets and the impact of foreign currency exchange and inflation [40][61] - The company expects margin expansion in the second half of the fiscal year, driven by the Transportation segment [44][54] - There is cautious optimism regarding the recovery of the commercial air market and continued strength in the medical and energy sectors [42][85] Other Important Information - The company has increased its restructuring charges for the year to approximately $250 million, aimed at optimizing the manufacturing footprint [35][75] - Adjusted effective tax rate is expected to remain around 20% for the third quarter and the full year [76] - The company was recognized among Fortune's World’s Most Admired Companies for the sixth consecutive year [65] Q&A Session Summary Question: Can you comment on end market expectations for the balance of the year? - Management highlighted unevenness in market performance, with strength in industrial and transportation sectors, while communications face inventory corrections and market weakness [83][84] Question: What is the outlook for margins in Q2? - Margins were impacted by lower volumes in the Communications segment and currency exchange rates, but management remains confident about margin expansion in the second half [78][114] Question: How is the company positioned in the electric vehicle market? - The company expects to see continued content growth in electric vehicles, with a significant portion of automotive revenue coming from this segment [102][106] Question: What are the expectations for the Chinese market? - Management noted that China remains a key growth area for electric vehicles, with stable content growth expected across both multinational and local OEMs [106][124] Question: How significant is the AI upgrade cycle for the company? - The AI upgrade cycle is expected to be a powerful demand driver, similar to previous cloud cycles, with design wins anticipated to ramp up in fiscal 2024 [130]

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 ...

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 30, 2022 or Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ 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 ...

TE Connectivity Ltd. (NYSE:TEL) Q1 2023 Earnings Conference Call January 25, 2023 8:30 AM ET Company Participants Sujal Shah - VP, IR Terrence R. Curtin - CEO Heath Mitts - EVP and CFO Conference Call Participants Mark Delaney - Goldman Sachs David Kelley - Jefferies Wamsi Mohan - Bank of America Securities Christopher Snyder - UBS Matthew Sheerin - Stifel, Nicolaus & Company James Suva - Citigroup Amit Daryanani - Evercore ISI Scott Davis - Melius Research Christopher Glynn - Oppenheimer & Co. William Stei ...

2023 Earnings Forward-Looking Statements Non-GAAP Financial Measures TE Connectivity First Quarter EVERY CONNECTION COUNTS Forward-Looking Statements Where we have used non-GAAP financial measures, reconciliations to the most comparable GAAP measure are provided, along with a disclosure on the usefulness of the non-GAAP financial measure, in this presentation. Earnings Highlights • Transportation up 14% organically Y/Y, primarily driven by Automotive • Communications down 11% organically Y/Y, with weakness ...

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 ...