Flex Corporate Strategy

Cloud data center expansion drives strong growth in Critical Power and IT Infrastructure equipment Cloud data center total available market¹ ($B) $16 $15 $123 $14 $111 $13 $99 $87 2021 2022E 2023E 2024E CAGR Critical Power Infrastructure 78%2 IT Infrastructure 712%3 1. Cloud data center total available market includes (1) Public Cloud, data center hosting companies, and (2) Content Cloud, which includes Internet content providers, (3) Private Cloud, and (4) Telco Cloud. 2. Source: IDC; Gartner; Arizton; EY-Parthenon research and analysis, Total Available Market 2021-2024 3. Source: IDC, Gartner, Flex Corporate Strategy (includes server, storage, and networking hardware), 2021-2024 39 flex

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