Q2 FY24 Earnings Presentation

Executive summary Q2 financial performance - TOTAL FLEX | REVENUE $7.5B | ADJ. OPERATING INCOME $439M Q2 financial performance - CORE FLEXA | REVENUE $6.9B | ADJ. OPERATING INCOME $327M | ADJ. NET INCOME $303M | ADJ. EARNINGS PER SHARE $0.68 | ADJ. NET INCOME $249M ADJ. EARNINGS PER SHARE $0.56 See Appendix for GAAP to non-GAAP reconciliations. A. Core Flex represents Flex, excluding Flex's 51.47% economic interest in Nextracker, which is currently consolidated within Flex, and which is expected to be distributed to Flex shareholders in a tax-free spinoff in Flex's fourth quarter ending March 31, 2024. Core Flex is a non-GAAP measure that does not reflect discontinued operations presented under GAAP. 5 flex.

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