Item 16. Form 10-K Summary

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Item 16. Form 10-K Summary

Not applicable.

SIGNATURES

Pursuant to the requirements 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.

JABIL INC. Registrant
Date: October 25, 2022By:/s/ MARK T. MONDELLO
Mark T. Mondello Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL THESE PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Mark T. Mondello and Michael Dastoor and each of them, jointly and severally, his or her attorneys-in-fact, each with full power of substitution, for him or her in any and all capacities, to sign any and all amendments to this Annual Report on Form 10-K, 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 said attorneys-in-fact or his substitute or 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
By:/s/ MARK T. MONDELLOChairman of the Board of Directors and Chief Executive Officer (Principal Executive Officer)October 25, 2022
Mark T. Mondello
By:/s/ STEVEN A. RAYMUNDLead Independent DirectorOctober 25, 2022
Steven A. Raymund
By:/s/ THOMAS A. SANSONEVice Chairman of the Board of DirectorsOctober 25, 2022
Thomas A. Sansone
By:/s/ MICHAEL DASTOORChief Financial Officer (Principal Financial and Accounting Officer)October 25, 2022
Michael Dastoor
By:/s/ ANOUSHEH ANSARIDirectorOctober 25, 2022
Anousheh Ansari
By:/s/ MARTHA F. BROOKSDirectorOctober 25, 2022
Martha F. Brooks
By:/s/ CHRISTOPHER S. HOLLANDDirectorOctober 25, 2022
Christopher S. Holland
By:/s/ JOHN C. PLANTDirectorOctober 25, 2022
John C. Plant
By:/s/ DAVID M. STOUTDirectorOctober 25, 2022
David M. Stout
By:/s/ KATHLEEN A. WALTERSDirectorOctober 25, 2022
Kathleen A. Walters

SCHEDULE II

JABIL INC. AND SUBSIDIARIES

SCHEDULE OF VALUATION AND QUALIFYING ACCOUNTS

(in millions)

Balance at Beginning of PeriodAdditions and Adjustments Charged to Costs and ExpensesAdditions/ (Reductions) Charged to Other AccountsWrite-offsBalance at End of Period
Reserve for excess and obsolete inventory:
Fiscal year ended August 31, 2022$85$23$—$(26)$82
Fiscal year ended August 31, 2021$85$33$—$(33)$85
Fiscal year ended August 31, 2020$70$60$—$(45)$85
Balance at Beginning of PeriodAdditions Charged to Costs and ExpensesAdditions/ (Reductions) Charged to Other AccountsReductions Charged to Costs and ExpensesBalance at End of Period
Valuation allowance for deferred taxes:
Fiscal year ended August 31, 2022$353$19$(31)$(60)$281
Fiscal year ended August 31, 2021$341$18$—$(6)$353
Fiscal year ended August 31, 2020$288$54$9$(10)$341

See accompanying report of independent registered public accounting firm.

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