FLEX: Leadership change · Other company developments

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 11, 2026, the Board of Directors (the “Board”) of Flex Ltd. (the “Company” or “Flex”) appointed each of George R. Oliver and Mark Eubanks as a member of the Board, effective September 24, 2026. Each will join the Board as an independent director. There is no arrangement or understanding between either Mr. Oliver or Mr. Eubanks and any other person pursuant to which such person was appointed as a director. Furthermore, neither Mr. Oliver nor Mr. Eubanks has any related-party transactions reportable under Item 404(a) of Regulation S-K and there are no financial, organizational, or familial affiliations between each of Messrs. Oliver and Eubanks and the Company. Pursuant to the Company’s non-management directors’ compensation programs, Messrs. Oliver and Eubanks will be entitled to receive: (i) annual cash compensation of $90,000, payable quarterly in arrears, for services rendered as a director; (ii) a pro-rated share of the annual restricted stock unit award received by our non-management directors following the last annual general meeting; and (iii) an annual restricted stock unit award following each annual general meeting of shareholders having an aggregate fair market value of $235,000. The foregoing description of the Company’s non-management directors’ compensation program is qualified by reference to the description included in the definitive proxy statement for the Company’s 2026 Annual General Meeting, which was filed with the Securities and Exchange Commission (the “SEC”) on June 24, 2026. The Company’s Constitution provides that, subject to the Singapore Companies Act, every director shall be