Q2 FY24 Earnings Presentation

Appendix: Reconciliation of GAAP to Non-GAAP Measures TOTAL FLEX Quarter-ended Quarter-ended Quarter-ended Quarter-ended September 29, 2023 June 30, 2023 September 30, 2022 July 01, 2022 % of revenue % of revenue % of revenue % of revenue ($ in Millions)* GAAP gross profit $665 8.9% $587 8.0% $591 7.6% $535 7.3% Stock-based compensation expense 10 9 7 7 Restructuring charges 1 17 Legal and Other 1 2 Non-GAAP gross profit $676 9.0% $614 8.4% $599 7.7% $542 7.4% *Amounts may not sum due to rounding. For more details on the GAAP to Non-GAAP adjustments for current and historical periods, please refer to the Investor Relations section of our website which includes press releases and summary financials of the respective periods. 18 flex

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