Flex Ltd. Approves Annual Incentive Bonus Plan for Fiscal 2027

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The plan provides executive officers with cash bonuses based on achieving performance goals in operating profit, free cash flow, and revenue. Target award opportunities are set at 165% of base salary for the CEO, 115% for the CFO, and between 100% and 110% for other named executive officers. Actual payouts range from 30% to 200% of target, subject to performance and individual executive performance evaluations.

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About Flex Ltd.

Flex Ltd. is a leading manufacturing and supply chain solutions provider that operates on a global scale. The company primarily focuses on developing and delivering innovative product solutions for a broad range of industries including consumer electronics, industrial automation, automotive, healthcare, and energy. Leveraging advanced technologies and supply chain expertise, Flex Ltd. offers comprehensive services ranging from design, engineering, and manufacturing to logistics and post-production support. As a key player in the manufacturing sector, the company enables its clients to streamline their operations, reduce costs, and accelerate time-to-market for new products. Flex Ltd.'s strategic global footprint, encompassing facilities and offices in over 30 countries, highlights its significant role in facilitating a seamless flow of goods across international markets. Founded in 1969 and headquartered in Singapore, Flex Ltd. continues to influence how businesses adapt to evolving technological and market demands with its commitment to efficiency, sustainability, and innovation.