Item 16. FORM 10-K SUMMARY

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Item 16. FORM 10-K SUMMARY

None

EXHIBIT INDEX

Incorporated by Reference
Exhibit No.ExhibitFormFile No.Filing DateExhibit No.Filed Herewith
3.01Constitution of the Registrant (incorporating all amendments as at August 20, 2019)10-Q000-2335410/30/20193.01
4.01Indenture, dated as of June 8, 2015, by and between the Registrant, the Guarantors party thereto and U.S. Bank National Association, as Trustee8-K000-233546/8/20154.1
4.02Form of 4.750% Note due 2025 (included in Exhibit 4.01)8-K000-233546/8/20154.1
4.03First Supplemental Indenture, dated as of September 11, 2015, among the Registrant, the Guarantor party thereto and U.S. Bank National Association, as Trustee, related to the Registrant’s 4.750% Notes due 2025S-4333-2070679/22/20154.04
4.04Indenture, dated as of June 6, 2019, by and between the Company and U.S. Bank National Association, as trustee8-K000-233546/6/20194.1
4.05First Supplemental Indenture, dated as of June 6, 2019, by and between the Company and U.S. Bank National Association, as trustee8-K000-233546/6/20194.2
4.06Form of 4.875% Global Note due 2029 (included in Exhibit 4.05)8-K000-233546/6/20194.3
4.07Second Supplemental Indenture, dated as of November 7, 2019, by and between the Company and U.S. Bank National Association, as trustee8-K000-2335411/7/20194.3
4.08Form of 4.875% Global Note due 2029 (included in Exhibit 4.07)8-K000-2335411/7/20194.4
4.09Third Supplemental Indenture dated as of May 12, 2020, by and between the Company and U.S. Bank National Association, as trustee8-K000-233545/12/20204.2
4.10Form of 3.750% Global Note due 2026 (included in Exhibit 4.09)8-K000-233545/12/20204.3
4.11Form of 4.875% Global Note due 2030 (included in Exhibit 4.09)8-K000-233545/12/20204.4
Incorporated by Reference
Exhibit No.ExhibitFormFile No.Filing DateExhibit No.Filed Herewith
4.12Fourth Supplemental Indenture, dated as of August 17, 2020, by and between the Company and U.S. Bank National Association, as trustee8-K000-233548/17/20204.3
4.13Form of 3.750% Global Note due 2026 (included in Exhibit 4.12)8-K000-233548/17/20204.4
4.14Form of 4.875% Global Note due 2030 (included in Exhibit 4.12)8-K000-233548/17/20204.5
4.15Fifth Supplemental Indenture, dated as of December 7, 2022, by and between the Company and U.S. Bank Trust Company, National Association, as trustee8-K000-2335412/7/20224.2
4.16Form of 6.000% Global Note due 2028 (included in Exhibit 4.15)8-K000-2335412/7/20224.3
4.17Sixth Supplemental Indenture, dated as of August 21, 2024, by and between the Company and U.S. Bank Trust Company, National Association, as trustee8-K000-233548/21/20244.2
4.18Form of 5.250% Global Note due 2032 (included in Exhibit 4.17)8-K000-233548/21/20244.3
4.19Description of Registrant's Securities10-K000-233545/28/20204.14
10.01Credit Agreement, dated as of July 19, 2022, among Flex Ltd. and certain of its subsidiaries, from time to time party thereto, as borrowers, Bank of America, N.A., as Administrative Agent, an L/C Issuer and a Swing Line Lender, and the other L/C Issuers, Swing Line Lenders and Lenders party thereto8-K000-233547/22/202210.01
10.02Form of Indemnification Agreement between the Registrant and its Directors and certain officers†10-K000-233545/20/200910.01
10.03Form of Indemnification Agreement between Flextronics Corporation and the Directors and certain officers of the Registrant†10-K000-233545/20/200910.02
10.04Flex Ltd. 2017 Equity Incentive Plan (as amended and restated as of August 2, 2023)†DEF 14A000-233546/21/2023Annex B
10.05First Amendment to Flex Ltd. 2017 Equity Incentive Plan (as amended and restated as of August 2, 2023) effective as of March 5, 2025†8-K000-233543/7/202510.1
10.06Form of Restricted Share Unit Award Agreement under the Amended and Restated Flex Ltd. 2017 Equity Incentive Plan for performance-based vesting awards (FY23)†10-Q000.233547/29/202210.03
10.07Form of Restricted Share Unit Award Agreement under the Flex Ltd. Amended and Restated 2017 Equity Incentive Plan for Non-Employee Directors†10-Q000-2335410/31/202210.02
10.08Form of Restricted Share Unit Award Agreement under the Amended and Restated Flex Ltd. 2017 Equity Incentive Plan for performance-based vesting awards (FY24)†10-Q000-233547/31/202310.03
10.09Form of Restricted Share Unit Award Agreement under the Amended and Restated 2017 Equity Incentive Plan for service-based vesting awards (FY25)†10-Q000-233547/26/202410.03
10.10Form of Restricted Share Unit Award Agreement under the Amended and Restated 2017 Equity Incentive Plan for performance-based vesting awards (FY25)†10-Q000-233547/26/202410.04
Incorporated by Reference
Exhibit No.ExhibitFormFile No.Filing DateExhibit No.Filed Herewith
10.11Form of Restricted Share Unit Award Agreement under the Amended and Restated 2017 Equity Incentive Plan for service-based vesting awards (FY25 2-year prorated)†10-Q000-2335410/31/202410.01
10.12Form of Restricted Share Unit Award Agreement under the Amended and Restated 2017 Equity Incentive Plan for service-based vesting awards (FY25 supplemental equity)†10-Q000-2335410/31/202410.02
10.13Form of Restricted Share Unit Award Agreement under the Amended and Restated 2017 Equity Incentive Plan for performance-based vesting awards (FY25 supplemental equity)†10-Q000-2335410/31/202410.03
10.142010 Flextronics International USA, Inc. Deferred Compensation Plan†10-Q000-2335411/3/201010.04
10.15First Amendment to Flex 2010 Deferred Compensation Plan, dated December 17, 2018†10-Q000-2335410/29/202110.01
10.16Second Amendment to Flex 2010 Deferred Compensation Plan, dated August 16, 2019†10-Q000-2335410/29/202110.02
10.17Third Amendment to Flex 2010 Deferred Compensation Plan, dated June 3, 2020†10-Q000-2335410/29/202110.03
10.18Form of Award Agreement under 2010 Deferred Compensation Plan†10-Q000-233547/30/201210.01
10.19Form of 2010 Deferred Compensation Plan Award Agreement (performance targets, cliff vesting)†10-Q000-233548/2/201310.02
10.20Form of 2010 Deferred Compensation Plan Award Agreement (non-performance, periodic vesting, continuing Participant)†10-Q000-233548/2/201310.03
10.21Award Agreement under the 2010 Deferred Compensation Plan†10-Q000-233547/28/201410.01
10.22Form of Addendum Award Agreement under the 2010 Deferred Compensation Plan (FY21)†10-Q000-233541/29/202110.02
10.23Form of Addendum Award Agreement under the 2010 Deferred Compensation Plan (FY25)†10-Q000-233547/26/202410.05
10.24Summary of Directors' Compensation†10-Q000-2335410/30/201710.02
10.25Flex Ltd. Amended and Restated Executive Severance Plan†X
10.26Revathi Advaithi Offer Letter, dated February 7, 2019†10-K000-233545/21/201910.29
10.27Revathi Advaithi Offer Letter Amendment, dated March 5, 2025†X
10.28Scott Offer Amended Offer Letter, dated as of January 27, 2019†10-K000-233545/28/202010.29
10.29Kevin Krumm Offer Letter, dated November 7, 2024†10-Q000-233541/31/202510.01
10.30Description of Annual Incentive Bonus Plan for Fiscal Year 2025†10-Q000-233547/26/202410.01
10.31Agreement and Plan of Merger, by and among Flex Ltd., Yuma, Inc., Nextracker Inc. and Yuma Acquisition Corp, dated as of February 7, 20238-K000-233542/13/202310.1
10.32Tax Matters Agreement, by and among Flex Ltd., Yuma, Inc., and Nextracker Inc., dates as of January 2, 20248-K000-233541/2/202410.2
19.01Insider Trading Policy10-K000-233545/17/202419.01
Incorporated by Reference
Exhibit No.ExhibitFormFile No.Filing DateExhibit No.Filed Herewith
21.01Subsidiaries of RegistrantX
23.01Consent of Deloitte & Touche LLPX
24.01Power of Attorney (included on the signature page to this Form 10-K)X
31.01Certification of Chief Executive Officer pursuant to Rule 13a-14(a) of the Exchange ActX
31.02Certification of Chief Financial Officer pursuant to Rule 13a-14(a) of the Exchange ActX
32.01Certification of Chief Executive Officer and Chief Financial Officer pursuant to Rule 13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350*X
97.01Executive Incentive Compensation Recoupment Policy10-K000-233545/17/202497.01
101.INSInline XBRL Instance DocumentX
101.SCHInline XBRL Taxonomy Extension Scheme DocumentX
101.CALInline XBRL Taxonomy Extension Calculation Linkbase DocumentX
101.DEFInline XBRL Taxonomy Extension Definition Linkbase DocumentX
101.LABInline XBRL Taxonomy Extension Label Linkbase DocumentX
101.PREInline XBRL Taxonomy Extension Presentation Linkbase DocumentX
104Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101)X

*This exhibit is furnished with this Annual Report on Form 10-K, is not deemed filed with the Securities and Exchange Commission, and is not incorporated by reference into any filing of Flex Ltd. under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and irrespective of any general incorporation language contained in such filing.

†Management contract, compensatory plan or arrangement.

SIGNATURES

Pursuant to the requirement of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Flex Ltd.
Date: May 21, 2025By:/s/ REVATHI ADVAITHI
Revathi Advaithi Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints jointly and severally, Revathi Advaithi and Kevin Krumm and each one of them, her or his attorneys-in-fact, each with the power of substitution, for her or him in any and all capacities, to sign any and all amendments to this Report, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or her or his substitutes, may do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

SignatureTitleDate
/s/ REVATHI ADVAITHIChief Executive Officer (Principal Executive Officer) and DirectorMay 21, 2025
Revathi Advaithi
/s/ KEVIN KRUMMChief Financial Officer (Principal Financial Officer)May 21, 2025
Kevin Krumm
/s/ DANIEL J. WENDLERSenior Vice President and Chief Accounting Officer (Principal Accounting Officer)May 21, 2025
Daniel J. Wendler
/s/ WILLIAM D. WATKINSChairman of the BoardMay 21, 2025
William D. Watkins
/s/ JOHN D. HARRIS IIDirectorMay 21, 2025
John D. Harris II
/s/ MICHAEL E. HURLSTONDirectorMay 21, 2025
Michael E. Hurlston
/s/ ERIN L. MCSWEENEYDirectorMay 21, 2025
Erin L. McSweeney
/s/ CHARLES K. STEVENS, IIIDirectorMay 21, 2025
Charles K. Stevens, III
/s/ MARYROSE SYLVESTERDirectorMay 21, 2025
Maryrose Sylvester
/s/ LAY KOON TANDirectorMay 21, 2025
Lay Koon Tan
/s/ PATRICK J. WARDDirectorMay 21, 2025
Patrick J. Ward

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