TE Connectivity (TEL) 10-K risk factor changes: FY2026 vs FY2025

_Our operations and financial results are subject to various risks and uncertainties, including those described below, that could adversely affect our business, financial condition, results of operations, cash flows, and the trading price of our [removed: securities._ _These risks are not the only ones facing us.][added: securities.]

Our business and operating results have been and will continue to be affected by economic conditions regionally or globally, including new or [removed: increased] [added: increasing] tariffs and other barriers to trade, including [removed: escalation of] [added: ongoing] trade and tariff tensions between the United States (“U.S.”), China, the EU, and other countries, changes to fiscal and monetary policy, [removed: inflation,] [added: inflation or deflation,] slower growth or recession, higher interest rates, labor disruptions, the cost and availability of consumer and business credit, end demand from consumer and industrial markets, significant bank failures, government shutdowns, and concerns as to sovereign debt levels including credit rating downgrades and defaults on sovereign debt.

[removed: Our Consolidated Financial Statements are prepared in U.S. dollars; however, a significant portion of our business is conducted outside the U.S.] Changes in the relative values of currencies may have a significant effect on our results of operations, financial position, and cash flows.

Approximately [removed: 60%] [added: 55%] of our net sales for fiscal [removed: 2025] [added: 2026] were invoiced in currencies other than the U.S. dollar, and we expect non-U.S. dollar revenue to continue to represent a significant portion of our future net sales.

Therefore, when the U.S. dollar strengthens in relation to the currencies of the countries where we sell our products, such as the euro or Asian currencies, our U.S. dollar reported revenue and income will [removed: decrease.][added: decrease, which may have an adverse effect on our operating results as reported in U.S. dollars.]

Downgrades of sovereign debt credit ratings [added: in the past] have similarly affected the availability and cost of capital.

| | · | instability in economic or political conditions, including elections, sovereign debt levels, government shutdowns, Eurozone uncertainty, inflation, recession, and actual or anticipated military or political conflicts, including the continuing military conflicts in certain parts of the [removed: world;] [added: world] and [added: any resulting supply chain or other disruptions; and] |

In addition, approximately 25% of our net sales in fiscal [removed: 2025] [added: 2026] were made to customers in China.

Accordingly, our operations and transactions with customers in China could be adversely affected by changes to market [removed: conditions,] [added: conditions;] changes to the regulatory [removed: environment,] [added: environment;] increased trade barriers, tariffs, or [removed: restrictions,] [added: restrictions;] or interpretation of Chinese law.

Various legislative and regulatory proposals have been directed at multinational [removed: companies with operations in lower-tax jurisdictions.][added: companies, such as:]

| | · | [added: The global minimum tax framework developed by] the Organisation for Economic Co-operation and Development (“OECD”) [removed: and participating countries continue to enact the 15% global minimum tax. The global minimum tax is] [added: represents] a significant structural change to the international [removed: taxation framework] [added: tax system,] and [removed: more than 50] [added: participating] countries [removed: have thus far enacted some or all elements of the] [added: continue to enact and implement rules imposing a 15% global minimum] tax. Ireland [removed: has] implemented [removed: elements of] the OECD’s global minimum tax rules, which were effective for us beginning in fiscal 2025. We anticipate further legislative activity and administrative [removed: guidance. We continue to closely monitor] [added: guidance as] the [removed: evolving global minimum tax] framework [added: evolves] and [added: will continue to] assess the implications in the jurisdictions in which we operate. |

[removed: This increased focus] [added: Public awareness regarding climate change] has led to international treaties and agreements and legislative and regulatory efforts.

In addition to government requirements, our customers [removed: are] also [removed: increasingly imposing] [added: impose] climate-related requirements on their suppliers, including us.

Any failure, or perceived failure, to comply with these requirements may result in reduced demand for our products, reputational harm, or other adverse impacts [removed: to] [added: on] our business.

Any future regulatory changes in any of the countries in which we operate could result in transition risks to us, including, but not limited to: (i) the nature and timing of any requirement to lower GHG emissions and adopt more energy-efficient energy use, which could result in changes or disruptions to the way we operate, (ii) financial risks where the compliance with such regulations requires unforeseen capital expenditures and becomes costly or financially burdensome, [removed: (iii) legal risks associated with the failure to adapt to or comply with future climate change-related regulations, (iv) risks of climate litigation associated with our disclosures and/or operations; (v) risks associated with the implementation of any new]

[added: (iii) legal risks associated with the failure to adapt to or comply with future climate change-related regulations, (iv) risks of climate litigation associated with our disclosures and/or operations; (v) risks associated with the implementation of any new] technologies required to comply with such regulations, which could impede our ability to innovate new products, meet customer and market demand, or compete on pricing and quality in the market, and/or (vi) reputational risks associated with our customers’ and investors’ perceptions of us and their preferences for maintaining relationships with companies with lower emissions, all of which could harm our reputation in the marketplace.

[removed: Increasing] [added: Continued] scrutiny and expectations regarding environmental, social, and governance (“ESG”) [added: and sustainability] matters could result in additional costs or risks or otherwise adversely impact our business.

Companies across industries [removed: are facing increasing] [added: face] scrutiny from a variety of stakeholders related to their ESG and sustainability practices.

Approximately [removed: 41%] [added: 38%] of our net sales for fiscal [removed: 2025] [added: 2026] were to customers in the automotive end market.

During fiscal [removed: 2025,] [added: 2026,] approximately [removed: 13%] [added: 16%] of our net sales were to customers in the digital data networks end [removed: market,] [added: market and] approximately 12% of our net sales were to customers in the automation and connected living end [removed: market, and approximately 9% of our net sales were to customers in the aerospace, defense, and marine end] market.

The overall market trends of increased data connectivity and continued movement to [removed: artificial intelligence (“AI”) and cloud] [added: AI] applications have had a favorable impact on demand.

[added: Our overall competitive position depends on various factors including the price,] quality, and performance of our products; the level of customer service; the development of new technology; our ability to participate in emerging markets; and customers’ expectations relating to socially responsible operations.

[removed: The competition we] experience across product lines from other companies ranges in size from large, diversified manufacturers to small, highly specialized manufacturers.

AI technologies are [removed: complex and rapidly evolving,] [added: complex,] and we face significant competition, including from our own clients, who may develop their own internal AI-related capabilities, which can lead to reduced demand for our products.

The development, adoption, and use of AI technologies is still in the early stages and [removed: involve] [added: involves] significant risks and uncertainties, which may expose us to legal, reputational, and financial harm.

Although pricing actions initiated in recent years have positively impacted our net sales, we have [removed: historically] [added: previously] experienced price erosion averaging from 1% to 2% each year.

[removed: We may] [added: We may] be negatively affected as our customers and vendors continue to consolidate.

Our results are sensitive to raw material availability, quality, and [removed: cost] [added: cost,] and shortages, deteriorations in quality, or price increases could lead to a materially negative impact on our results of operations, financial position, and cash flows.

In addition, feedstock for resins and resins themselves, as well as certain other commodities, are increasingly subject to varied and unrelated force majeure events worldwide further [removed: impacting price and availability.]

Competition for management talent is intense, and any difficulties we may have [removed: to retain] [added: in retaining] or [removed: hire] [added: hiring] members of management to achieve our objectives may have an adverse effect on our results of operations, financial position, and cash flows.

[added: In the normal course of business, we rely on information] technology networks and systems, some of which are managed by third parties, to process, transmit, and store electronic information, and to manage or support a variety of business processes and activities.

[removed: If countries in which we operate or do business were to adopt data localization or data residency laws, we could be required to implement new or] expand existing data storage protocols, build new storage facilities, and/or devote additional resources to comply with the requirements of such laws, any of which could have significant implications to business operations and costs.

We cannot provide assurance that we will have sufficient funds available or access to funding to repurchase tendered notes in that event, which could result in a default under the [added: notes.]

Likewise, from time to time, we experience difficulty and unanticipated expenses associated with purchasing and integrating [removed: acquisitions,] [added: acquired businesses,] and [removed: acquisitions] [added: the acquired businesses] do not always perform and deliver the financial benefits expected.

In addition, we may be required to pay damage awards or settlements, or become subject to injunctions or other equitable remedies, [removed: that] [added: which] could cause a material adverse effect on our results of operations, financial position, and cash flows.

[removed: A small portion] [added: Some] of our products, including defense-related products, may require governmental import and export licenses, the issuance of which may be influenced by geopolitical and other events.

[removed: These laws could make the] manufacture or sale of our products more expensive or impossible, could limit our ability to sell our products in certain jurisdictions, and could result in liability for product recalls, penalties, or other claims.

Irish law generally provides that a [added: company’s] board of directors may allot and issue shares (or rights to subscribe for or convert into shares) without being required first to offer those shares to existing shareholders on a pro-rata basis, if authorized to do so by [removed: a] [added: the] company’s [removed: constitution] [added: articles of association] or by resolution of [removed: shareholders.][added: shareholders of the company.]

Such authorization may be granted in respect of up to the entirety of a company’s authorized but unissued share capital and for a maximum period of five years, at which point [removed: it] [added: the authorization] must be renewed by another shareholder resolution.

[removed: These authorizations] [added: This authorization] will need to be renewed upon its expiration and at periodic intervals thereafter.

These risks are not the only ones facing us.

Our Consolidated Financial Statements are prepared in U.S. dollars; however, many of our non-U.S. operations have a functional currency other than the U.S. dollar, and their results are translated into U.S. dollars for reporting purposes.

The competition we

AI technologies are rapidly evolving and are expected to play an increasingly important role in enhancing productivity, accelerating innovation, improving engineering and manufacturing processes, supporting customer engagement, and enabling data-driven decision making across business.

As AI technologies continue to evolve, future adoption of more autonomous capabilities may introduce additional legal, regulatory, operational, cybersecurity, safety, and reputational risks.

If we are unable to effectively address the risks associated with the development, deployment, use, or governance of AI technologies, our business, results of operations, financial condition, and reputation could be adversely affected.

Additionally, there can be no assurances that the use of AI technologies will enhance our products and service or be beneficial to our business, including our efficiency, safety, or profitability.

We continue to experience general downward pressure on our prices.

impacting price and availability.

If countries in which we operate or do business were to adopt data localization or data residency laws, we could be required to implement new or

These laws could make the

Although the value of the U.S. dollar fluctuated in fiscal 2025, in recent years, the strength of the U.S. dollar has generally increased as compared to other currencies, which has had, and may continue to have, an adverse effect on our operating results as reported in U.S. dollars.

There has been heightened focus on adoption of such legislation and on other initiatives, such as:

There is increased public awareness regarding climate change.

The aerospace and defense industry has undergone significant fluctuations in demand as a result of economic and political conditions.

Our overall competitive position depends on various factors including the price,

We have experienced, and may in the future experience, pressure to lower our prices.

In the normal course of business, we rely on information

notes.

Discussion of our financial condition and results of operations for fiscal [removed: 2025] [added: 2026] compared to fiscal [removed: 2024] [added: 2025] is presented below.

Discussion of our financial condition and [removed: consolidated] results of operations for fiscal [removed: 2024] [added: 2025] compared to fiscal [removed: 2023] [added: 2024] can be found in “Part II.

Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report [removed: on Form 10-K] for the fiscal year ended September [removed: 27, 2024.][added: 26, 2025.]

[removed: In connection with the change,] [added: On September 30, 2024,] TE Connectivity Ltd., our former parent entity, [removed: entered into a merger agreement] [added: merged] with [added: and into] TE Connectivity plc, [removed: its then wholly-owned subsidiary and] a public limited company incorporated under Irish [removed: law.][added: law and the surviving entity, in order to effect our change in jurisdiction of incorporation from Switzerland to Ireland.]

Effective [removed: for] [added: beginning in] fiscal 2025, we are organized under the laws of Ireland.

Prior period [removed: segment] results have been recast to conform to the [removed: new segment] [added: current reporting] structure.

See [removed: additional information regarding our segments in Notes 1 and] [added: Note] 20 to the Consolidated Financial [removed: Statements.][added: Statements for additional information regarding the realignment.]

Summary of Fiscal [removed: 2025] [added: 2026] Performance

| | ● | _Transportation Solutions_—Our net sales [removed: decreased 1.0%] [added: increased 7.3%] in fiscal [removed: 2025] [added: 2026] due [removed: primarily] to sales [removed: declines] [added: increases] in the [removed: sensors] [added: automotive] and commercial transportation end markets. |

| | ● | _Industrial Solutions_—Our net sales increased [removed: 23.7%] [added: 25.8%] in fiscal [removed: 2025] [added: 2026 primarily] as a result of sales growth in the digital data networks; energy; automation and connected living; and aerospace, defense, and marine end [removed: markets, partially offset by sales declines in the medical end market.] [added: markets.] |

| | ● | We paid cash dividends to shareholders of [removed: $2.72] [added: $2.98] per ordinary share in fiscal [removed: 2025.] [added: 2026.] Also, in September [removed: 2025,] [added: 2026,] our [removed: board] [added: Board] of [removed: directors declared a regular quarterly] [added: Directors approved an interim] cash dividend of [removed: $0.71] [added: $0.78] per ordinary share, payable on December [removed: 12, 2025,] [added: 11, 2026,] to shareholders of record on November [removed: 21, 2025.] [added: 20, 2026.] |

| | ● | Net cash provided by operating activities was [removed: $4,139] [added: $4,525] million in fiscal [removed: 2025.] [added: 2026.] |

Also, we have [removed: taken] [added: taken,] and continue to focus [removed: on] [added: on,] actions to manage costs, including restructuring and [added: other cost reduction initiatives such as reducing discretionary spending.]

We continue to monitor military conflicts in certain parts of the world as well as escalating tensions in surrounding [removed: countries and] [added: countries,] associated [removed: sanctions.][added: sanctions, and any resulting supply chain or other disruptions.]

These did not have a significant impact on our business, financial condition, or results of operations during fiscal [removed: 2025] [added: 2026] and [removed: 2024.][added: 2025.]

In the first quarter of fiscal [removed: 2026,] [added: 2027,] we expect our net sales to be approximately [removed: $4.5] [added: $5.35] billion as compared to [removed: $3.8] [added: $4.67] billion in the first quarter of fiscal [removed: 2025.][added: 2026.]

We expect diluted earnings per share from continuing operations to be approximately [removed: $2.33] [added: $3.04] per share in the first quarter of fiscal [removed: 2026.][added: 2027.]

This outlook reflects the positive impact of foreign currency exchange rates on net sales and earnings per share of approximately [removed: $113] [added: $17] million and [removed: $0.02] [added: $0.06] per share, respectively, in the first quarter of fiscal [removed: 2026] [added: 2027] as compared to the same period of fiscal [removed: 2025 and includes the impact of currently enacted tariffs.][added: 2026.]

[removed: Also, this] [added: The above] outlook is based on foreign currency exchange rates and commodity prices that are consistent with current levels.

[removed: As discussed above, on April 1,] [added: During fiscal] 2025, we acquired 100% of Richards [removed: Manufacturing,] [added: Manufacturing Co. (“Richards Manufacturing”),] a U.S.-based producer of overhead and underground electrical and gas distribution products, for cash of approximately $2.3 billion, net of cash acquired.

[removed: During] [added: Also during] fiscal 2025, we acquired two additional businesses for a combined cash purchase price of $321 million, net of cash acquired.

[removed: The] [added: These] acquired businesses have been reported as part of our Industrial Solutions segment from the date of acquisition.

The acquired [removed: business has] [added: businesses have] been reported as part of our Industrial Solutions [removed: segment] [added: and Transportation Solutions segments] from the date of acquisition.

[added: Income Taxes.] See Note [removed: 3] [added: 15] to the Consolidated Financial Statements for additional information regarding [removed: divestitures.][added: income taxes.]

| Transportation Solutions | ​ | $ | [removed: 9,388] [added: 10,069] | [added: ​ ​ ​ ​] | [removed: 54] [added: 50] | % | ​ | $ | [removed: 9,481] [added: 9,388] | [added: ​ ​ ​ ​] | [removed: 60] [added: 54] | % | ​ |

| Industrial Solutions | ​ | | [removed: 7,874] [added: 9,903] | | [removed: 46] [added: 50] | ​ | ​ | | [removed: 6,364] [added: 7,874] | | [removed: 40] [added: 46] | ​ | ​ |

| Total | ​ | $ | [removed: 17,262] [added: 19,885] | | 100 | % | ​ | $ | [removed: 15,845] [added: 17,262] | | 100 | % | ​ |

| ​ | ​ | Change in Net Sales for Fiscal [removed: 2025] [added: 2026] versus Fiscal [removed: 2024] [added: 2025] | | | | | | | | | | | | | | | ​ |

| ​ | ​ | [removed: Net Sales] [added: Net Sales] | | | | ​ | Organic Net Sales | | | | ​ | [removed: ​ |] ​ | [removed: ​ | Acquisitions |] [added: ​] | ​ |

| ​ | [added: ​ ​ ​] | [removed: Growth (Decline)] [added: Growth] | | | | ​ | Growth (Decline) | | | | ​ | Translation | | [removed: | (Divestiture) | |] [added: ​ ​ ​] |

Net sales increased [removed: $1,417] [added: $2,623] million, or [removed: 8.9%,] [added: 15.2%,] in fiscal [removed: 2025] [added: 2026] as compared to fiscal [removed: 2024.][added: 2025.]

The increase in net sales resulted primarily from organic net sales growth of [removed: 6.4%] [added: 11.9%, the positive impact of foreign currency translation of 2.2%,] and the [removed: net] positive impact of [removed: 2.2%] [added: 1.6%] from [removed: acquisitions and a divestiture.][added: acquisitions.]

Richards Manufacturing, which was acquired on April 1, 2025, contributed [added: incremental] net sales of [removed: $179] [added: $227] million in [added: the first six months of] fiscal [added: 2026 over the same period of fiscal] 2025.

In fiscal [removed: 2025,] [added: 2026,] net pricing actions positively affected organic net sales by [removed: $51] [added: $185] million.

We sell our products into approximately 130 countries, and approximately [removed: 60%] [added: 55%] of our net sales were invoiced in currencies other than the U.S. dollar in fiscal [removed: 2025.][added: 2026.]

The percentage of net sales in fiscal [removed: 2025] [added: 2026] by major currencies invoiced was as follows:

| Currencies | [added: ​ ​ ​] | Percentage | [added: ​ ​] | [added: ​ ​ ​] |

| U.S. dollar | | [removed: 43] [added: 45] | % | ​ |

| Euro | | [removed: 27] [added: 26] | ​ | ​ |

| Japanese yen | | [removed: 4] [added: 3] | ​ | ​ |

| | ● | Our fiscal 2026 net sales increased 15.2% from fiscal 2025 due to sales growth in both the Industrial Solutions and Transportation Solutions segments. On an organic basis, our net sales increased 11.9% in fiscal 2026 as compared to fiscal 2025. |

In February 2026, the U.S. Supreme Court ruled that the tariffs imposed under the International Emergency Economic Powers Act ("IEEPA") were not authorized by the statute.

Following a March 2026 order to refund IEEPA tariffs, the U.S. Customs and Border Protection Agency (“CBP”) launched a refund process in April 2026 through which eligible importers could request refunds.

During the fourth quarter of fiscal 2026, we filed certain claims and received tariff refunds of $91 million which were recorded as a reduction to cost of sales.

These refunds relate to IEEPA tariffs paid since they were originally imposed in 2025 through February 2026.

We expect to return $87 million of these refunds to customers and, as such, that amount was recorded as a reduction to net sales during the fourth quarter of fiscal 2026.

The

timing and amount of any further tariff refunds remain uncertain, and, accordingly, no benefit was recognized as of fiscal year end 2026 for any additional potential refunds related to IEEPA tariffs previously paid.

Our outlook for the first quarter of fiscal 2027 does not include results related to our anticipated acquisition of Astrodyne TDI (“Astrodyne”).

For fiscal 2027, we expect double-digit sales growth driven by sales increases in the Industrial Solutions segment, which includes the benefit of our anticipated acquisition of Astrodyne, and, to a lesser degree, the Transportation Solutions segment.

Organic net sales growth in fiscal 2027 is expected to be consistent with fiscal 2026 levels.

One of the acquisitions includes certain earn-out provisions based on business performance for which we have estimated the acquisition-date fair value to be approximately $150 million.

Pending Acquisition

During the fourth quarter of fiscal 2026, we entered into a definitive agreement to acquire Astrodyne, a leading manufacturer of power and filter solutions, for approximately $1.4 billion in cash.

The transaction, which is expected to close by the end of calendar year 2026, is subject to customary regulatory approvals and other closing conditions.

The business will be reported as part of the automation and connected living business within our Industrial Solutions segment.

| ​ | ​ ​ ​ | 2026 | | | | ​ ​ ​ | ​ ​ ​ | 2025 | | | | ​ ​ ​ | ​ ​ ​ |

| Reconciling item(1) | ​ | ​ | (87) | ​ | — | ​ | ​ | ​ | — | ​ | — | ​ | ​ |

| | (1) | Reconciling item relates to IEEPA tariff refunds received in fiscal 2026 that are expected to be returned to customers. | |

| Transportation Solutions | ​ | $ | 681 | ​ ​ ​ | 7.3 | % | $ | 423 | ​ ​ ​ | 4.5 | % | $ | 258 | ​ | $ | — | ​ |

| Industrial Solutions | ​ | | 2,029 | | 25.8 | ​ | | 1,639 | | 20.8 | ​ | | 118 | ​ | | 272 | ​ |

| Reconciling item(1) | ​ | ​ | (87) | ​ | ​ | ​ | ​ | — | ​ | ​ | ​ | ​ | (87) | ​ | ​ | — | ​ |

| Total | ​ | $ | 2,623 | ​ | 15.2 | % | $ | 2,062 | | 11.9 | % | $ | 289 | ​ | $ | 272 | ​ |

| (1) | Reconciling item relates to IEEPA tariff refunds received in fiscal 2026 that are expected to be returned to customers. |

Additionally, net sales in fiscal 2026 were reduced by $87 million for IEEPA tariff refunds that are expected to be returned to customers.

| ​ | ​ ​ ​ | 2026 | | | | ​ ​ ​ | ​ ​ ​ | 2025 | | | | ​ | ​ ​ ​ |

| Reconciling item(1) | ​ | ​ | (87) | ​ | — | ​ | ​ | ​ | — | ​ | — | ​ | ​ |

| | (1) | Reconciling item relates to IEEPA tariff refunds received in fiscal 2026 that are expected to be returned to customers. | |

| ​ | ​ ​ ​ | Growth (Decline) | | | | ​ | Growth | | | | ​ | and Other | | ​ ​ ​ | Acquisitions | | ​ ​ ​ |

| Asia–Pacific | ​ | $ | 1,212 | ​ ​ ​ | 18.5 | % | $ | 1,087 | ​ ​ ​ | 16.6 | % | $ | 125 | ​ | $ | — | ​ |

| EMEA | ​ | ​ | 644 | ​ ​ ​ | 11.2 | ​ | ​ | 430 | ​ ​ ​ | 7.5 | ​ | ​ | 214 | ​ | ​ | — | ​ |

| Americas | ​ | | 854 | | 17.2 | ​ | | 545 | | 11.0 | ​ | | 37 | ​ | | 272 | ​ |

| Reconciling item(1) | ​ | ​ | (87) | ​ | ​ | ​ | ​ | — | ​ | ​ | ​ | ​ | (87) | ​ | ​ | — | ​ |

| Total | ​ | $ | 2,623 | ​ | 15.2 | % | $ | 2,062 | | 11.9 | % | $ | 289 | ​ | $ | 272 | ​ |

| (1) | Reconciling item relates to IEEPA tariff refunds received in fiscal 2026 that are expected to be returned to customers. |

| | (1) | Fiscal 2026 includes $91 million related to IEEPA tariff refunds which were recorded as a reduction to cost of sales. | |

| | (2) | Fiscal 2026 includes the net impact of $4 million related to IEEPA tariff refunds. | |

| Transportation Solutions | ​ | $ | 1,969 | ​ | ​ | $ | 1,818 | ​ | ​ | $ | 151 | ​ |

| Industrial Solutions | ​ | ​ | 2,018 | ​ | ​ | ​ | 1,393 | ​ | ​ | ​ | 625 | ​ |

| Reconciling item(1) | ​ | ​ | 4 | ​ | ​ | ​ | — | ​ | ​ | ​ | 4 | ​ |

The “Segment Results” section also discusses fiscal 2024 compared to fiscal 2023 because of the change in our segment structure discussed below.

During fiscal 2024, our board of directors and shareholders approved a change in our jurisdiction of incorporation from Switzerland to Ireland.

Under the merger agreement, TE Connectivity Ltd. merged with and into TE Connectivity plc, which was the surviving entity, in order to effect our change in jurisdiction of incorporation from Switzerland to Ireland.

The merger was completed on September 30, 2024, thereby changing our jurisdiction of incorporation from Switzerland to Ireland.

We have not had and do not anticipate any material changes in our operations or financial results as a result of the merger and change in place of incorporation.

New Segment Structure

Effective for fiscal 2025, we reorganized our management and segments to align the organization around our current strategy.

We now operate through two reportable segments: Transportation Solutions and Industrial Solutions.

| | ● | Our fiscal 2025 net sales increased 8.9% from fiscal 2024 due to sales growth in the Industrial Solutions segment, partially offset by sales declines in the Transportation Solutions segment. Richards Manufacturing, which was acquired in April 2025, contributed net sales of $179 million. On an organic basis, our net sales increased 6.4% in fiscal 2025 as compared to fiscal 2024. |

other cost reduction initiatives such as reducing discretionary spending and travel.

The Industrial Solutions segment will benefit from the acquisition of Richards Manufacturing.

During the first quarter of fiscal 2024, we acquired approximately 98.7% of the outstanding shares of Schaffner Holding AG (“Schaffner”), a leader in electromagnetic solutions based in Switzerland, for CHF 505.00 per share in cash for a purchase price of CHF 294 million (equivalent to $339 million), net of cash acquired.

During the third quarter of fiscal 2024, we completed a squeeze-out of the remaining minority shareholders for $5 million and the Schaffner shares were delisted from the SIX Swiss Exchange.

Divestitures

During fiscal 2024, we sold one business for net cash proceeds of $59 million.

In connection with the divestiture, we recorded a pre-tax gain on sale of $10 million.

Prior to divestiture, the business was reported in our Transportation Solutions segment.

| ​ | | 2025 | | | | | | 2024 | | | | | |

| Transportation Solutions | ​ | $ | (93) | | (1.0) | % | $ | (98) | | (1.0) | % | $ | 17 | ​ | $ | (12) | ​ |

| Industrial Solutions | ​ | | 1,510 | | 23.7 | ​ | | 1,116 | | 17.6 | ​ | | 34 | ​ | | 360 | ​ |

| Total | ​ | $ | 1,417 | | 8.9 | % | $ | 1,018 | | 6.4 | % | $ | 51 | ​ | $ | 348 | ​ |

| ​ | | 2025 | | | | | | 2024 | | | | ​ | |

| Asia–Pacific | ​ | $ | 1,185 | | 22.1 | % | $ | 1,170 | | 21.8 | % | $ | — | ​ | $ | 15 | ​ |

| EMEA | ​ | ​ | (157) | | (2.7) | ​ | ​ | (271) | | (4.6) | ​ | ​ | 93 | ​ | ​ | 21 | ​ |

| Americas | ​ | | 389 | | 8.5 | ​ | | 119 | | 2.6 | ​ | | (42) | ​ | | 312 | ​ |

| Total | ​ | $ | 1,417 | | 8.9 | % | $ | 1,018 | | 6.4 | % | $ | 51 | ​ | $ | 348 | ​ |

Acquisition and Integration Costs. In fiscal 2025, we incurred acquisition and integration costs of $47 million, of which $28 million related to the acquisition of Richards Manufacturing.

During fiscal 2024, we recorded a gain on divestiture of $10 million.

| ​ | | 2025 | | | 2024 | | |

| ​ | ​ | | 57 | ​ | | 21 | ​ |

| Taxes (non-income tax) recorded in selling, general, and administrative expenses | ​ | ​ | — | ​ | ​ | 4 | ​ |

| Total | ​ | $ | 183 | ​ | $ | 191 | ​ |

Income Taxes. See Note 15 to the Consolidated Financial Statements for discussion of items impacting income tax expense and the effective tax rate.

The OECD and participating countries continue to enact the 15% global minimum tax.

The global minimum tax is a significant structural change to the international taxation framework and more than 50 countries have thus far enacted some or all elements of the tax.

Ireland has implemented elements of the OECD’s global minimum tax rules, which were effective for us beginning in fiscal 2025.

In January 2025, the OECD released new guidance for the global minimum tax rules which impacted the realizability of certain deferred tax assets associated with a ten-year tax credit obtained by a Swiss subsidiary in fiscal 2024.

We anticipate further legislative activity and administrative guidance.

We continue to closely monitor the evolving global minimum tax framework and assess the implications in the jurisdictions in which we operate.

The valuation allowance for deferred tax assets was $8,821 million and $8,285 million at fiscal year end 2025 and 2024, respectively.

[removed: A] [added: Also, a] 10% appreciation or depreciation of the underlying currency in our cross-currency swap contracts or foreign currency forward contracts from the fiscal year end 2025 market rates would have changed the unrealized value of our contracts by $594 million.

A 10% appreciation or depreciation of the underlying currency in our cross-currency swap contracts or foreign currency forward contracts from the fiscal year end [removed: 2024] [added: 2026] market rates would have changed the unrealized value of our contracts by [removed: $538] [added: $594] million.

There were no such contracts and no floating debt outstanding at fiscal year end [removed: 2025] [added: 2026] or [removed: 2024.][added: 2025.]

At fiscal year end 2025, our commodity hedges, which related to expected purchases of [added: gold, silver, copper, and palladium, were in a net gain position of $80 million and had a notional value of $569 million.]

[added: At fiscal year end 2026, our commodity hedges, which related to expected purchases of] gold, silver, copper, and palladium, were in a net gain position of [removed: $80] [added: $40] million and had a notional value of [removed: $569] [added: $876] million.

A 10% appreciation or depreciation of commodity prices from the fiscal year end [removed: 2024] [added: 2026] prices would have changed the unrealized value of our forward contracts by [removed: $54] [added: $92] million.

At fiscal year end 2024, our commodity hedges, which related to expected purchases of gold, silver, copper, and palladium, were in a net gain position of $55 million and had a notional value of $488 million.

[removed: In connection with the change,] [added: On September 30, 2024,] TE Connectivity Ltd., our former parent entity, [removed: entered into a merger agreement] [added: merged] with [added: and into] TE Connectivity plc, [removed: its then wholly-owned subsidiary and] a public limited company incorporated under Irish [removed: law.][added: law and the surviving entity, in order to effect our change in jurisdiction of incorporation from Switzerland to Ireland.]

Effective [removed: for] [added: beginning in] fiscal 2025, we are organized under the laws of Ireland.

Fiscal [added: 2026,] 2025, [removed: 2024,] and [removed: 2023] [added: 2024] ended on September [added: 25, 2026, September] 26, 2025, [added: and] September 27, 2024, [removed: and September 29, 2023,] respectively.

Fiscal [added: 2026,] 2025, [removed: 2024,] and [removed: 2023] [added: 2024] were each 52 weeks in length.

We [removed: now] operate through two reportable segments: Transportation Solutions and Industrial Solutions.

We believe our two segments served a combined market of approximately [removed: $200] [added: $135] billion as of fiscal year end [removed: 2025.][added: 2026.]

| ​ | [added: ​ ​ ​] | [removed: 2025] [added: 2026] | [added: ​ ​ ​] | [added: ​ ​ ​] | [removed: 2024] [added: 2025] | [added: ​ ​ ​] | [added: ​ ​ ​] | [removed: 2023] [added: 2024] | [added: ​ ​ ​] | [added: ​ ​ ​] |

| Transportation Solutions | | [removed: 54] [added: 50] | % | ​ | [removed: 60] [added: 54] | % | ​ | 60 | % | ​ |

| Industrial Solutions | | [removed: 46] [added: 50] | | ​ | [removed: 40] [added: 46] | | ​ | 40 | ​ | ​ |

| | ● | _Automotive (75% of segment’s net sales)—_We are one of the leading providers of advanced automobile connectivity solutions. The automotive industry uses our products in automotive technologies for body and chassis systems, convenience applications, driver information, infotainment solutions, miniaturization solutions, [removed: motor and powertrain applications, and safety and security systems. Hybrid and electronic mobility solutions include in-vehicle technologies, battery technologies, and charging solutions.] |

| | ● | _Commercial transportation [removed: (15%] [added: (16%] of segment’s net sales)—_We deliver reliable connectivity products designed to withstand harsh environmental conditions for on- and off-highway vehicles and recreational transportation, including heavy trucks, construction, agriculture, buses, and other vehicles. |

| | ● | _Sensors [removed: (10%] [added: (9%] of segment’s net sales)—_We offer a portfolio of intelligent, efficient, and high-performing sensor solutions that are used by customers across multiple industries, including automotive, [removed: industrial equipment,] [added: industrial,] commercial transportation, medical solutions, aerospace and defense, and consumer applications. |

The primary products sold by the Industrial Solutions segment include terminals and connector systems and components, [removed: interventional medical components,] heat shrink tubing, relays, [added: interventional medical components,] wire and cable, and filters.

| | ● | _Automation and connected living [removed: (27%] [added: (25%] of segment’s net sales)—_Our products are used in factory and warehouse automation and process control systems such as industrial controls, robotics, human machine interface, industrial communication, and power distribution. Our building automation and smart city infrastructure products are used to connect lighting and offer solutions in HVAC, elevators/escalators, and security. Our rail products are used in high-speed trains, metros, light rail vehicles, locomotives, and signaling switching equipment. Additionally, we provide both standard products and custom-designed solutions to meet the daily demands of home [removed: appliances, including washers, dryers, refrigerators, air conditioners, dishwashers, cooking appliances, water heaters, air purifiers, floor care devices, and microwaves.] [added: appliances.] |

| | ● | _Aerospace, defense, and marine [removed: (19%] [added: (17%] of segment’s net sales)—_We design, develop, and manufacture a comprehensive portfolio of critical electronic components and systems for the harsh operating conditions of the commercial aerospace, defense, and marine industries. Our products and systems are designed and manufactured to operate effectively in harsh conditions ranging from the depths of the ocean to the far reaches of space. |

| | ● | _Energy [removed: (17%] [added: (19%] of segment’s net sales)—_Our products are used by electric power utilities, OEMs, [added: data center owners,] and engineering procurement construction companies serving the electrical power grid and renewables industries. [removed: They] [added: We offer products and solutions that are used to build resilient and modern grids, scale clean energy and data center power, and advance intelligent grid networks. These] include a wide range of insulation, protection, and connection solutions for electrical power generation, transmission, distribution, and industrial markets. |

| | ● | _Medical [removed: (9%] [added: (7%] of segment’s net sales)—_Our products are used in imaging, diagnostic, surgical, and minimally invasive interventional applications. We specialize in the design and manufacture of advanced surgical, imaging, and interventional device solutions. Key markets served include cardiovascular, peripheral vascular, structural heart, endoscopy, electrophysiology, and neurovascular therapies. |

The Industrial Solutions segment competes primarily against Amphenol, [added: Molex,] Hubbell, [removed: Carlisle Companies,] [added: JST,] Integer Holdings, [removed: Molex, Omron, JST,] and Korea Electric Terminal (KET).

We believe that our diversified customer base provides us [added: with] an opportunity to leverage our skills and experience across markets and reduce our exposure to individual end markets, thereby reducing the variability of our financial performance.

No single customer accounted for a significant amount of our net sales in fiscal [added: 2026,] 2025, [removed: 2024,] or [removed: 2023.][added: 2024.]

| ​ | [added: ​ ​ ​] | [removed: 2025] [added: 2026] | [added: ​ ​ ​] | [added: ​ ​ ​] | [removed: 2024] [added: 2025] | [added: ​ ​ ​] | [added: ​ ​ ​] | [removed: 2023] [added: 2024] | [added: ​ ​ ​] | [added: ​ ​ ​] |

| Asia–Pacific | | [removed: 38] [added: 39] | % | ​ | [removed: 34] [added: 38] | % | ​ | [removed: 32] [added: 34] | % | ​ |

| Europe/Middle East/Africa (“EMEA”) | | [removed: 33] [added: 32] | ​ | ​ | [removed: 37] [added: 33] | ​ | ​ | [removed: 39] [added: 37] | ​ | ​ |

In fiscal [removed: 2025,] [added: 2026,] our direct sales represented approximately [removed: 75%] [added: 70%] of total net sales.

Our sales in the automotive market are dependent upon global [removed: automotive production, and seasonal declines in European] [added: vehicle] production [removed: may negatively impact net sales in the fourth fiscal quarter.][added: which generally follows seasonal trends.]

| Transportation Solutions | ​ | $ | [removed: 2,278] [added: 2,724] | ​ | $ | [removed: 2,478] [added: 2,278] | ​ |

| Industrial Solutions | ​ | | [removed: 3,910] [added: 5,664] | ​ | | [removed: 3,561] [added: 3,910] | ​ |

| Total | ​ | $ | [removed: 6,188] [added: 8,388] | ​ | $ | [removed: 6,039] [added: 6,188] | ​ |

We expect that the majority of our backlog at fiscal year end [removed: 2025] [added: 2026] will be filled during fiscal [removed: 2026.][added: 2027.]

We [removed: have experienced, and expect to] continue to [removed: experience,] [added: experience general] downward pressure on [added: our] prices.

As of fiscal year end [removed: 2025,] [added: 2026,] we employed approximately [removed: 93,000] [added: 104,000] people worldwide, including [removed: 13,000] [added: 14,000] contract employees.

Approximately [removed: 34,000] [added: 42,000] were in the Asia–Pacific region, [removed: 34,000] [added: 36,000] were in the EMEA region, and [removed: 25,000] [added: 26,000] were in the Americas region.

Of our total employees, approximately [removed: 55,000] [added: 65,000] were employed in manufacturing.

[removed: We track and report internally on] key talent metrics including workforce demographics, critical role pipeline data, global diversity data, and engagement and inclusion indices.

Our employees work in over 50 countries and represent approximately 150 nationalities, and our total [removed: employee population] [added: workforce] is [removed: over] [added: approximately] 40% women.

As of fiscal year end [removed: 2025,] [added: 2026,] we had eight ERGs—African Heritage, ALIGN (lesbian, gay, bisexual, transgender, and queer employees (LGBTQ+) and their allies), Asian Heritage, Latin Heritage, TE Veterans, TE Young Professionals, THRIVE (employees with mental, emotional, and physical disabilities and their allies), and Women in Networking—with over [removed: 12,000] [added: 14,000] members worldwide.

[removed: board] [added: Also, our Board] of [removed: directors] [added: Directors] reviews and assesses management development plans for senior executives and the succession plans relating to those positions.

They are supported by an experienced and talented management team [removed: who] [added: that] is dedicated to maintaining and expanding our position as a global leader in the industry.

For discussion of the risks relating to the attraction and retention of management and executive management employees, see “Part [removed: 1.][added: I.]

In fiscal [removed: 2025, we reduced] [added: 2026,] our Occupational Safety and Health Administration (“OSHA”) total recordable incident rate—a rate equivalent to the number of incidents per 100 employees or 200,000 work [removed: hours—to 0.06,] [added: hours—was 0.16,] with no employee or contractor fatalities.

| | | motor and powertrain applications, and safety and security systems. Hybrid and electronic mobility solutions include in-vehicle technologies, battery technologies, and charging solutions. |

| | ● | _Digital data networks (32% of segment’s net sales)—_We deliver advanced signal and power connectivity solutions, together with associated thermal solutions, for the rapidly evolving artificial intelligence (“AI”) data center and AI edge ecosystems. We also provide connectivity solutions for networking, wireless infrastructure, and the Internet of Things, helping our customers address today’s requirements and enable next-generation technologies. |

Production has historically been the strongest in the first fiscal quarter in Asia whereas European production typically declines in the fourth fiscal quarter.

| ​ | ​ ​ ​ | 2026 | | ​ ​ ​ | 2025 | | ​ ​ ​ |

We track and report internally on

We had a participation rate of 87% in fiscal 2026.

Our engagement, inclusion, and leadership effectiveness indices were consistent with fiscal 2025 results and our well-being index increased slightly from fiscal 2025.

more than a 70% reduction in absolute GHG emissions for Scopes 1 and 2.

Also, in fiscal 2026, we diverted approximately 95% of waste away from landfill or incineration without energy recovery.

| 3% reduction in water withdrawal | ​ | 2024 | ​ | 2029 | ​ | ​ | ​ |

| 98% Zero Waste to Landfill | ​ | n/a | ​ | 2029 | ​ | ​ | ​ |

As we achieved our previously reported water reduction initiative in fiscal 2025, we have endeavored to expand our water stewardship from 30 targeted sites to a comprehensive water withdrawal goal starting in fiscal 2026.

Our current goal is a 3% reduction in total water withdrawal on a company-wide basis by fiscal 2029 (from a fiscal 2024 base year).

Our waste initiative is focused on achieving Zero Waste to Landfill (“ZWTL”) by fiscal 2029 partnering across our organization to minimize waste, utilize circular materials, and divert waste from landfill or incineration without energy recovery.

For us, ZWTL means that at least 98% of all operational waste will be diverted from landfill or incineration through prevention, reuse, recycling, or energy recovery.

During fiscal 2024, our board of directors and shareholders approved a change in our jurisdiction of incorporation from Switzerland to Ireland.

Under the merger agreement, TE Connectivity Ltd. merged with and into TE Connectivity plc, which was the surviving entity, in order to effect our change in jurisdiction of incorporation from Switzerland to Ireland.

The merger was completed on September 30, 2024, thereby changing our jurisdiction of incorporation from Switzerland to Ireland.

We have not had and do not anticipate any material changes in our operations or financial results as a result of the merger and change in place of incorporation.

We acquired Richard Manufacturing Co. (“Richards Manufacturing”) in fiscal 2025.

See Note 4 to the Consolidated Financial Statements for additional information regarding the acquisition.

Effective for fiscal 2025, we reorganized our management and segments to align the organization around our current strategy.

Prior period segment results have been recast to conform to the new segment structure.

See additional information regarding our segments in Notes 1 and 20 to the Consolidated Financial Statements.

| | ● | _Digital data networks (28% of segment’s net sales)—_We deliver products and solutions that are used in a variety of equipment architectures within the networking, data center, and wireless infrastructure industries. Additionally, we deliver a range of connectivity solutions for the Internet of Things, smartphones, tablet computers, virtual reality, and artificial intelligence/machine learning applications to help our customers meet their current challenges and future innovations. |

| ​ | | 2025 | | | 2024 | | |

In fiscal 2025, we had a participation rate of 88% and year over year improvement in all four indices of engagement, inclusion, well-being, and leadership effectiveness.

Also, our

| 15% reduction in water withdrawals at target sites with extremely high and high water stress | ​ | 2021 | ​ | 2025 | ​ | X | ​ |

| 15% reduction in hazardous waste disposed | ​ | 2021 | ​ | 2025 | ​ | X | ​ |

| For the fiscal year ended September [removed: 26, 2025] [added: 25, 2026] | |

[removed: ][added: ]

The aggregate market value of the registrant’s ordinary shares held by non-affiliates was [removed: $42.2] [added: $59.0] billion as of March [removed: 28, 2025,] [added: 27, 2026,] the last business day of the registrant’s most recently completed second fiscal quarter.

The number of ordinary shares outstanding as of November [removed: 6, 2025] [added: 5, 2026] was [removed: 294,189,246.][added: 286,695,097.]

Portions of the registrant’s Proxy Statement to be filed in connection with the registrant’s [removed: 2026] [added: 2027] annual general meeting of shareholders are incorporated by reference into Part III of this Form 10-K.

| ​ | ​ | [added: ​ | ​ |] Page |

| ​ | [added: ​ |] [Part I](#PARTI_22747) | ​ | [added: ​ |]

| [Item 1.](#ITEM1BUSINESS_814780) | [added: ​ |] [Business](#ITEM1BUSINESS_814780) | [added: ​ |] 1 |

| [Item 1A.](#ITEM1ARISKFACTORS_703633) | [added: ​ |] [Risk Factors](#ITEM1ARISKFACTORS_703633) | [added: ​ |] 7 |

| [Item 1B.](#Item_1B_Unresolved) | [added: ​ |] [Unresolved Staff Comments](#Item_1B_Unresolved) | [added: ​ |] 21 |

| [Item 1C.](#ITEM1CCYBERSECURITY) | [added: ​ |] [Cybersecurity](#ITEM1CCYBERSECURITY) | [added: ​ |] 21 |

| [Item 2.](#ITEM2PROPERTIES_247356) | [added: ​ |] [Properties](#ITEM2PROPERTIES_247356) | [added: ​ |] 22 |

| [Item 3.](#ITEM3LEGALPROCEEDINGS_106864) | [added: ​ |] [Legal Proceedings](#ITEM3LEGALPROCEEDINGS_106864) | [added: ​ |] 23 |

| [Item 4.](#Item_4_Mine_Safety) | [added: ​ |] [Mine Safety Disclosures](#Item_4_Mine_Safety) | [added: ​ |] 23 |

| ​ | [added: ​ |] [Part II](#PARTII_402212) | ​ | [added: ​ |]

| [Item 5.](#ITEM5MARKETFORREGISTRANTSCOMMONEQUITYREL) | [added: ​ |] [Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](#ITEM5MARKETFORREGISTRANTSCOMMONEQUITYREL) | [added: ​ |] 24 |

| [Item 7.](#ITEM7MANAGEMENTSDISCUSSIONANDANALYSISOFF) | [added: ​ |] [Management’s Discussion and Analysis of Financial Condition and Results of Operations](#ITEM7MANAGEMENTSDISCUSSIONANDANALYSISOFF) | [added: ​ |] 25 |

| [Item 7A.](#ITEM7AQUANTITATIVEANDQUALITATIVEDISCLOSU) | [added: ​ |] [Quantitative and Qualitative Disclosures About Market Risk](#ITEM7AQUANTITATIVEANDQUALITATIVEDISCLOSU) | [removed: 43] [added: ​] | [added: 42 |]

| [Item 8.](#ITEM8FINANCIALSTATEMENTSANDSUPPLEMENTARY) | [added: ​ |] [Financial Statements and Supplementary Data](#ITEM8FINANCIALSTATEMENTSANDSUPPLEMENTARY) | [removed: 44] [added: ​] | [added: 43 |]

| [Item 9.](#Item_9_Changes_In) | [added: ​ |] [Changes in and Disagreements With Accountants on Accounting and Financial Disclosure](#Item_9_Changes_In) | [added: ​ |] 44 |

| [Item 9A.](#ITEM9ACONTROLSANDPROCEDURES) | [added: ​ |] [Controls and Procedures](#ITEM9ACONTROLSANDPROCEDURES) | [added: ​ |] 44 |

| [Item 9B.](#Item_9B_Other_Information) | [added: ​ |] [Other Information](#Item_9B_Other_Information) | [added: ​ |] 45 |

| [Item 9C.](#Item_9C_Disclosure_Regarding_Foreign_Jur) | [added: ​ |] [Disclosure Regarding Foreign Jurisdictions that Prevent Inspections](#Item_9C_Disclosure_Regarding_Foreign_Jur) | [removed: 46] [added: ​] | [added: 45 |]

| ​ | [added: ​ |] [Part III](#PARTIII_920343) | ​ | [added: ​ |]

| [Item 10.](#ITEM10DIRECTORSEXECUTIVEOFFICERSANDCORPO) | [added: ​ |] [Directors, Executive Officers and Corporate Governance](#ITEM10DIRECTORSEXECUTIVEOFFICERSANDCORPO) | [removed: 47] [added: ​] | [added: 46 |]

| [Item 11.](#ITEM11EXECUTIVECOMPENSATION_954834) | [added: ​ |] [Executive Compensation](#ITEM11EXECUTIVECOMPENSATION_954834) | [removed: 47] [added: ​] | [added: 46 |]

| [Item 12.](#ITEM12SECURITYOWNERSHIPOFCERTAINBENEFICI) | [added: ​ |] [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](#ITEM12SECURITYOWNERSHIPOFCERTAINBENEFICI) | [removed: 47] [added: ​] | [added: 46 |]

| [Item 13.](#ITEM13CERTAINRELATIONSHIPSANDRELATEDTRAN) | [added: ​ |] [Certain Relationships and Related Transactions, and Director Independence](#ITEM13CERTAINRELATIONSHIPSANDRELATEDTRAN) | [removed: 48] [added: ​] | [added: 47 |]

| [Item 14.](#ITEM14PRINCIPALACCOUNTANTFEESANDSERVICES) | [added: ​ |] [Principal Accountant Fees and Services](#ITEM14PRINCIPALACCOUNTANTFEESANDSERVICES) | [removed: 48] [added: ​] | [added: 47 |]

| ​ | [added: ​ |] [Part IV](#PARTIV_265352) | ​ | [added: ​ |]

| [Item 15.](#ITEM15EXHIBITSANDFINANCIALSTATEMENTSCHED) | [added: ​ |] [Exhibits and Financial Statement Schedules](#ITEM15EXHIBITSANDFINANCIALSTATEMENTSCHED) | [removed: 49] [added: ​] | [added: 48 |]

| [Item 16.](#Item_16_Form_10K_Summary) | [added: ​ |] [Form 10-K Summary](#Item_16_Form_10K_Summary) | [removed: 54] [added: ​] | [added: 52 |]

| [Signatures](#SIGNATURES) | | [removed: 55] | [added: ​ | 53 |]

| [Index to Consolidated Financial Statements](#INDEXTOCONSOLIDATEDFINANCIALSTATEMENTS_2) | | [removed: 57] | [added: ​ | 55 |]

_© [removed: 2025] [added: 2026] TE Connectivity plc.

| [Item 6.](#ITEM6RESERVED_965537) | ​ | [Reserved](#ITEM6RESERVED_965537) | ​ | 25 |

| [Item 6.](#ITEM6SELECTEDFINANCIALDATA_567333) | [Reserved](#ITEM6SELECTEDFINANCIALDATA_567333) | 25 |

For additional information on certain risks associated with cybersecurity, refer to the risk factors related to cybersecurity and information technology systems in “Part [removed: I, Item 1A.][added: I.]

On a quarterly basis, the CISO reports to the ISC on topics such as risk mitigation project status, audit results, security metrics, cyber incidents investigated and impact, if any, and significant changes that contribute toward protecting the [removed: enterprise] [added: company] from cybersecurity threats.

Our CISO has over 20 years of experience in information security leadership roles and over [removed: 9] [added: 10] years as our CISO.

Item 1A.

As of fiscal year end [removed: 2025,] [added: 2026,] we owned approximately 17 million square feet and leased approximately [removed: 11] [added: 12] million square feet of aggregate floor space, used primarily for manufacturing, warehousing, and office space.

Our manufacturing sites focus on various aspects of our manufacturing processes, including our primary processes of stamping, plating, molding, extrusion, beaming, and [added: assembly.]

As of fiscal year end [removed: 2025,] [added: 2026,] our principal centers of manufacturing output by segment and geographic region were as follows:

| ​ | [added: ​ ​ ​] | Transportation | [added: ​ ​ ​] | Industrial | [added: ​ ​ ​] | ​ | [added: ​ ​ ​] |

| ​ | ​ | Solutions | ​ | Solutions | ​ | Total | [added: ​] |

| EMEA | | [removed: 20] [added: 21] | | [removed: 18] [added: 17] | | 38 | ​ |

| Total | | [removed: 39] [added: 40] | | [removed: 66] [added: 65] | | 105 | ​ |

assembly.

Our ordinary shares are listed and traded on the New York Stock Exchange (“NYSE”) under the symbol “TEL.” As of November [removed: 5, 2025,] [added: 4, 2026,] there were [removed: 15,032] [added: 14,689] shareholders of record of our ordinary shares.

The graph assumes the investment of $100 in our ordinary shares and in each index at fiscal year end [removed: 2020] [added: 2021] and assumes the reinvestment of all dividends and distributions.

[removed: ][added: ]

| ​ | [removed: | 2020(1) | |] [added: ​ ​ ​] | [removed: 2021] [added: 2021(1)] | | [added: ​ ​ ​] | 2022 | | [added: ​ ​ ​] | 2023 | | [added: ​ ​ ​] | 2024 | | [added: ​ ​ ​] | 2025 | | [added: ​ ​ ​] | [added: 2026 | | ​ ​ ​ |]

| Dow Jones U.S. Electrical Components & Equipment Index | ​ | | 100.00 | ​ | | [removed: 145.18] [added: 82.91] | ​ | | [removed: 120.37] [added: 105.07] | ​ | ​ | [removed: 152.54] [added: 143.49] | ​ | ​ | [removed: 208.32] [added: 198.38] | ​ | ​ | [removed: 288.00] [added: 273.40] | ​ |

| (1) | $100 invested on September [removed: 25, 2020] [added: 24, 2021] in our ordinary shares and in indexes. Indexes calculated on month-end basis. |

The following table presents information about our purchases of our ordinary shares during the quarter ended September [removed: 26, 2025:][added: 25, 2026:]

| Period | [added: ​ ​ ​] | Purchased(1) | [added: ​ ​ ​] | Share | | [added: ​ ​ ​] | Programs(2) | [added: ​ ​ ​] | or Programs(2) | | [added: ​ ​ ​] |

| (1) | During the quarter ended September [removed: 26, 2025,] [added: 25, 2026,] all purchases were open market purchases of ordinary shares, summarized on a trade-date basis, made in conjunction with [removed: the] [added: our] share repurchase program originally announced in September 2007. This table does not include ordinary shares that we withheld in order to satisfy tax withholding requirements for the vesting and release of restricted stock units. |

| TE Connectivity plc | ​ | $ | 100.00 | ​ | $ | 77.78 | ​ | $ | 88.65 | ​ | $ | 110.41 | ​ | $ | 161.09 | ​ | $ | 164.54 | ​ |

| S&P 500 Index | ​ | | 100.00 | ​ | | 81.74 | ​ | | 99.41 | ​ | ​ | 134.97 | ​ | ​ | 158.32 | ​ | ​ | 186.69 | ​ |

As provided by Irish law and our articles of association, our Board of Directors may approve interim dividends.

| June 27–July 24, 2026 | ​ | 599,262 | ​ | $ | 199.85 | ​ | 599,262 | ​ | $ | 2,918,843,867 | ​ |

| July 25–August 28, 2026 | | 1,163,022 | ​ | | 208.40 | | 1,163,022 | ​ | | 2,676,475,866 | ​ |

| August 29–September 25, 2026 | | 869,598 | ​ | | 207.16 | | 869,598 | ​ | | 2,496,328,231 | ​ |

| Total | | 2,631,882 | ​ | ​ | 206.04 | | 2,631,882 | ​ | | ​ | ​ |

| TE Connectivity plc | ​ | $ | 100.00 | ​ | $ | 153.36 | ​ | $ | 119.27 | ​ | $ | 135.95 | ​ | $ | 169.31 | ​ | $ | 247.03 | ​ |

| S&P 500 Index | ​ | | 100.00 | ​ | | 137.09 | ​ | | 112.06 | ​ | ​ | 136.28 | ​ | ​ | 185.02 | ​ | ​ | 217.04 | ​ |

Following our change in place of incorporation, dividends on our ordinary shares, if any, may be declared on a quarterly basis by our board of directors, as provided by Irish law.

Shareholder approval is no longer required for interim dividends.

| June 28–July 25, 2025 | ​ | 471,167 | ​ | $ | 178.09 | ​ | 471,167 | ​ | $ | 1,745,026,697 | ​ |

| July 26–August 29, 2025 | | 853,749 | ​ | | 204.43 | | 853,749 | ​ | | 1,570,495,167 | ​ |

| August 30–September 26, 2025 | | 858,272 | ​ | | 211.73 | | 858,272 | ​ | | 1,388,770,904 | ​ |

| Total | | 2,183,188 | ​ | ​ | 201.62 | | 2,183,188 | ​ | | | ​ |

Consolidated Statements of Operations for the Fiscal Years Ended September [added: 25, 2026, September] 26, 2025, [removed: September 27, 2024,] and September [removed: 29, 2023][added: 27, 2024]

Consolidated Statements of Comprehensive Income for the Fiscal Years Ended September [added: 25, 2026, September] 26, 2025, [removed: September 27, 2024,] and September [removed: 29, 2023][added: 27, 2024]

Consolidated Balance Sheets as of September [removed: 26, 2025] [added: 25, 2026] and September [removed: 27, 2024][added: 26, 2025]

Consolidated Statements of Shareholders’ Equity for the Fiscal Years Ended September [added: 25, 2026, September] 26, 2025, [removed: September 27, 2024,] and September [removed: 29, 2023][added: 27, 2024]

Consolidated Statements of Cash Flows for the Fiscal Years Ended September [added: 25, 2026, September] 26, 2025, [removed: September 27, 2024,] and September [removed: 29, 2023][added: 27, 2024]

Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act) as of September [removed: 26, 2025.][added: 25, 2026.]

Based on that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective as of September [removed: 26, 2025.][added: 25, 2026.]

Based on this evaluation, management concluded our internal control over financial reporting was effective as of September [removed: 26, 2025.][added: 25, 2026.]

Deloitte & Touche LLP, an independent registered public accounting firm, has issued an attestation report on our internal control over financial reporting as of September [removed: 26, 2025,] [added: 25, 2026,] which is included in this Annual Report.

During the quarter ended September [removed: 26, 2025,] [added: 25, 2026,] there were no changes in our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Richards Manufacturing Acquisition

We acquired Richards Manufacturing on April 1, 2025.

For additional information regarding the acquisition, see Note 4 to the Consolidated Financial Statements.

SEC guidance permits management to omit an assessment of an acquired business’ internal control over financial reporting from management’s assessment of internal control over financial reporting for a period not to exceed one year from the date of acquisition.

We are in the process of integrating the Richards Manufacturing operations within our internal control structure.

Accordingly, we have excluded Richards Manufacturing from our annual assessment of internal control over financial reporting as of September 26, 2025.

As discussed above, management has excluded Richards Manufacturing from the assessment of internal control over financial reporting.

Richards Manufacturing represented 8% of total assets and 1% of total net sales on the Consolidated Financial Statements as of and for the fiscal year ended September 26, 2025.

In the quarter ended September [removed: 26, 2025,] [added: 25, 2026,] none of our [removed: directors] [added: Directors] or officers (as defined in Rule 16a-1(f) of the Exchange Act) adopted or terminated a plan for the purchase or sale of our securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or a non-Rule 10b5-1 trading arrangement for the purchase or sale of our securities, within the meaning of Item 408 of Regulation S-K except the following:

| | ● | In the quarter ended September [removed: 26, 2025,] [added: 25, 2026,] Terrence R. Curtin, Chief Executive Officer and Director, adopted a plan for the [removed: sale] [added: sale/donation] of our securities intended to satisfy the affirmative defense conditions of Rule 10b5\-1(c). Mr. Curtin’s plan was adopted August [removed: 20, 2025] [added: 18, 2026] and expires [removed: January 9,] [added: December 29,] 2026, and provides for [added: (i)] the potential sale of up to [removed: (i) 50% of] the net ordinary [removed: shares] [added: shares, less up to 30,000 shares,] that [removed: vest in December 2025 pursuant] [added: are expected] to [added: be issued upon] the [added: vesting and settlement of previously awarded] performance stock [removed: unit award granted to Mr. Curtin in November 2022,] [added: units,] with such sale to occur no earlier than [added: the vest date for such award in] December [removed: 18, 2025] [added: 2026] and (ii) potential [removed: sale] [added: charitable gift] of [removed: the remaining net ordinary shares that vest in December 2025 pursuant to the performance stock unit award granted] [added: up] to [removed: Mr. Curtin in November 2022,] [added: 30,000 shares,] with such [removed: sale] [added: charitable gift] to occur no earlier than [removed: December 19, 2025.] [added: the performance stock unit vesting and settlement described in (i).] |

The trading [removed: plans] [added: plan] described above [removed: were] [added: was] entered into during an open insider trading window and [removed: were] [added: was] in compliance with our insider trading policies and procedures.

| | ● | In the quarter ended September 26, 2025, Heath A. Mitts, Chief Financial Officer and Director, adopted a plan for the sale of our securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Mr. Mitts’s plan was adopted August 21, 2025 and expires December 31, 2025, and provides for the potential sale of up to (i) 50% of the net ordinary shares that vest in December 2025 pursuant to the performance stock unit award granted to Mr. Mitts in November 2022, with such sale to occur no earlier than December 18, 2025 and (ii) potential sale of the remaining net ordinary shares that vest in December 2025 pursuant to the performance stock unit award granted to Mr. Mitts in November 2022, with such sale to occur no earlier than December 19, 2025. |

Appointment of Director

On November 10, 2025, our board of directors appointed Kenneth Washington as a director of the Company, and the number of directors constituting the full board was increased from 12 to 13.

Mr. Washington’s appointment to the board is effective November 17, 2025.

Mr. Washington was appointed to serve on the management, development, and compensation committee of the board and will receive compensation for services as a non-employee director consistent with the compensation generally provided to our other non-employee directors.

There are no arrangements or understandings between the new director and any other person pursuant to which he was selected as a director, and there are no transactions involving the Company and the new director that we would be required to report pursuant to Item 404(a) of Regulation S-K.

Mr. Washington will enter into standard indemnification agreements with us and TE Connectivity Corporation, our wholly-owned subsidiary.

Our form of deed of indemnification and form of indemnification agreement with TE Connectivity Corporation were filed as Exhibit 10.2 and Exhibit 10.3, respectively, to our Form 8-K filed with the SEC on September 30, 2024.

Information concerning directors, executive officers, and corporate governance may be found under the captions “Agenda Item No. 1—Election of Directors,” “Nominees for Election,” “Corporate Governance,” “The Board of Directors and Board Committees,” and “Executive Officers” in our definitive proxy statement for our [removed: 2026] [added: 2027] Annual General Meeting of Shareholders (the [removed: “2026] [added: “2027] Proxy Statement”), which will be filed with the SEC within 120 days after the close of our fiscal year.

The information in the [removed: 2026] [added: 2027] Proxy Statement under the caption “Delinquent Section 16(a) Reports” is incorporated herein by reference.

We have adopted a guide to ethical conduct, which applies to all employees, [removed: officers,] [added: officers (including our Chief Executive Officer, Chief Financial Officer,] and [removed: directors.][added: Chief Accounting Officer), and Directors.]

Our Guide to Ethical Conduct meets the requirements of a “code of ethics” as defined by Item 406 of Regulation S-K and [removed: applies to our Chief Executive Officer, Chief Financial Officer, and Chief Accounting Officer, as well as all other employees] [added: satisfies the requirements of a code of business conduct] and [removed: directors.][added: ethics under the listing standards of the NYSE.]

Our Guide to Ethical Conduct is posted on our website at _www.te.com_ under the heading [removed: “About TE—Corporate Responsibility—Corporate Responsibility Disclosures—Ethics] [added: “Sustainability—Reporting] and [removed: Compliance.”] [added: Policies.”] We also will provide a copy of our Guide to Ethical Conduct to shareholders upon request.

Our Guide to Ethical Conduct also meets the requirements of a code of business conduct and ethics under the listing standards of the NYSE.

Information concerning executive compensation may be found under the captions “Compensation Discussion and Analysis,” “Management Development and Compensation Committee Report,” “Compensation Committee Interlocks and Insider Participation,” “Executive Officer Compensation,” “CEO Pay Ratio,” and “Compensation of Non-Employee Directors” in our [removed: 2026] [added: 2027] Proxy Statement.

The information in our [removed: 2026] [added: 2027] Proxy Statement under the caption “Security Ownership of Certain Beneficial Owners and Management” is incorporated herein by reference.

The following table provides information as of fiscal year end [removed: 2025] [added: 2026] with respect to ordinary shares issuable under our equity compensation plans:

| Plan Category | [added: ​ ​ ​] | (a) | [added: ​ ​ ​] | (b)(3) | | [added: ​ ​ ​] | (c)(4) | [added: ​ ​ ​] |

| Equity compensation plans approved by security holders(1) | ​ | [removed: 5,743,975] [added: 5,175,228] | ​ | $ | [removed: 128.23] [added: 139.37] | ​ | [removed: 21,069,449] [added: 19,449,341] | ​ |

| Equity compensation plans not approved by security holders(2) | ​ | [removed: 97,300] [added: 75,775] | ​ | | [removed: 86.02] [added: 88.20] | ​ | — | ​ |

| (4) | Includes securities remaining available for future issuance under the 2024 Plan; the TE Connectivity plc Savings Related Share Plan, amended and restated as of September 30, 2024; and the TE Connectivity plc Employee Stock Purchase Plan, amended and restated as of September 30, 2024. The 2024 Plan applies a weighting of 1.80 to outstanding nonvested restricted, performance, deferred share units, and other share-based awards. The remaining shares issuable under the 2024 Plan and the TE Connectivity plc Savings Related Share Plan are increased by forfeitures and cancellations, among other factors. Amounts include [removed: 842,034] [added: 821,303] shares remaining available for issuance under our TE Connectivity plc Savings Related Share Plan and [removed: 2,522,788] [added: 2,019,862] shares remaining available for issuance under our TE Connectivity plc Employee Stock Purchase Plan. |

​

| Total | ​ | 5,251,003 | ​ | | ​ | ​ | 19,449,341 | ​ |

| Total | ​ | 5,841,275 | ​ | | | ​ | 21,069,449 | ​ |

The information in our [removed: 2026] [added: 2027] Proxy Statement under the captions “Corporate Governance,” “The Board of Directors and Board Committees,” and “Certain Relationships and Related Transactions” is incorporated herein by reference.

The information in our [removed: 2026] [added: 2027] Proxy Statement under the caption “Agenda Item No. 2—Appointment of Auditors and Authority to Set Remuneration” is incorporated herein by reference.

| Number | [added: ​ ​ ​] | Description | [added: ​ ​ ​] | Form | [added: ​ ​ ​] | Exhibit | [added: ​ ​ ​] | Date Filed with the SEC |

| 2.2 | ​ | [Transaction Agreement, dated February 11, 2025, by and among OCM Power V AIV Holdings (Delaware), L.P., OCM Power VI AIV Holdings (Delaware), L.P., OCM Power V Relay CTB, LLC, OCM Power VI Relay CTB, LLC, Relay Holding, LLC, TE Connectivity Corporation, Stella I LLC, TE Connectivity PLC, and OCM Power V AIV Holdings (Delaware), [removed: L.P.(1)](https://www.sec.gov/Archives/edgar/data/6951/000119312513376458/d602269dex21.htm)] [added: L.P.(1)](https://www.sec.gov/Archives/edgar/data/1385157/000155837025005632/tel-20250328xex2d1.htm)] | ​ | Quarterly Report on Form 10-Q for the quarterly period ended March 28, 2025 | ​ | 2.1 | ​ | April 28, 2025 |

| 4.1 | * | [Description of Registrant’s [removed: Securities](https://www.sec.gov/Archives/edgar/data/1385157/000110465925109150/tel-20250926xex4d1.htm)] [added: Securities](https://www.sec.gov/Archives/edgar/data/1385157/000110465926124497/tel-ex4d1.htm)] | ​ | ​ | ​ | ​ | ​ | ​ |

| 4.2(c) | ​ | [removed: [Thirteenth] [added: [Fourteenth] Supplemental Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity Ltd., as guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated [removed: January 28, 2016](http://www.sec.gov/Archives/edgar/data/1385157/000110465916092177/a16-2819_4ex4d1.htm)] [added: August 3, 2017](http://www.sec.gov/Archives/edgar/data/1385157/000110465917049306/a17-18835_1ex4d2.htm)] | ​ | Current Report on Form 8-K | ​ | [removed: 4.1] [added: 4.2] | ​ | [removed: January 28, 2016] [added: August 3, 2017] |

| [removed: 4.2(d)] [added: 4.2(f)] | ​ | [removed: [Fourteenth] [added: [Twentieth] Supplemental Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity Ltd., as guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated August [removed: 3, 2017](http://www.sec.gov/Archives/edgar/data/1385157/000110465917049306/a17-18835_1ex4d2.htm)] [added: 2, 2024](https://www.sec.gov/Archives/edgar/data/1385157/000110465924085404/tm2420720d1_ex4-1.htm)] | ​ | Current Report on Form 8-K | ​ | [removed: 4.2] [added: 4.1] | ​ | August [removed: 3, 2017] [added: 2, 2024] |

| [removed: 4.2(e)] [added: 4.2(d)] | ​ | [Seventeenth Supplemental Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity Ltd., as guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated February 16, 2021](https://www.sec.gov/Archives/edgar/data/0001385157/000110465921022914/tm214477d5_ex4-1.htm) | ​ | Current Report on Form 8-K | ​ | 4.1 | ​ | February 16, 2021 |

| Number | [added: ​ ​ ​] | Description | [added: ​ ​ ​] | Form | [added: ​ ​ ​] | Exhibit | [added: ​ ​ ​] | Date Filed with the SEC |

| [removed: 4.2(f)] [added: 4.2(e)] | ​ | [Eighteenth Supplemental Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity Ltd., as guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated February 4, 2022](https://www.sec.gov/Archives/edgar/data/1385157/000110465922011790/tm224827d4_ex4-1.htm) | ​ | Current Report on Form 8-K | ​ | 4.1 | ​ | February 4, 2022 |

| [removed: 4.2(g)] [added: 4.2(m)] | ​ | [removed: [Nineteenth] [added: [Fifth] Supplemental Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity [added: plc, as parent guarantor, TE Connectivity Switzerland] Ltd., as [added: additional] guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated February [removed: 13, 2023](https://www.sec.gov/Archives/edgar/data/1385157/000110465923019309/tm235812d1_ex4-1.htm)] [added: 9, 2026](https://www.sec.gov/Archives/edgar/data/1385157/000110465926012079/tm265613d1_ex4-1.htm)] | ​ | Current Report on Form 8-K | ​ | 4.1 | ​ | February [removed: 13, 2023] [added: 9, 2026] |

| [removed: 4.2(h)] [added: 4.2(j)] | ​ | [removed: [Twentieth] [added: [Second] Supplemental Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity [added: plc, as parent guarantor, TE Connectivity Switzerland] Ltd., as [added: additional] guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated [removed: August 2, 2024](https://www.sec.gov/Archives/edgar/data/1385157/000110465924085404/tm2420720d1_ex4-1.htm)] [added: May 6, 2025](https://www.sec.gov/Archives/edgar/data/1385157/000110465925045083/tm2514045d1_ex4-1.htm)] | ​ | Current Report on Form 8-K | ​ | 4.1 | ​ | [removed: August 2, 2024] [added: May 6, 2025] |

| [removed: 4.2(i)] [added: 4.2(g)] | ​ | [removed: [Twenty First] [added: [Twenty-First] Supplemental Indenture among Tyco Electronics Group S.A., TE Connectivity Ltd., TE Connectivity plc, TE Connectivity Switzerland Ltd., and Deutsche Bank Trust Company Americas, dated September 24, 2024](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex4-1.htm) | ​ | Current Report on Form 8-K | ​ | 4.1 | ​ | September 30, 2024 |

| [removed: 4.2(j)] [added: 4.2(h)] | ​ | [Amended and Restated Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity plc, as parent guarantor, TE Connectivity Switzerland Ltd., as additional guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated January 31, 2025](https://www.sec.gov/Archives/edgar/data/1385157/000110465925008106/tm254068d5_ex4-1.htm) | ​ | Current Report on Form 8-K | ​ | 4.1 | ​ | January 31, 2025 |

| [removed: 4.2(k)] [added: 4.2(i)] | ​ | [First Supplemental Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity plc, as parent guarantor, TE Connectivity Switzerland Ltd., as additional guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated January 31, 2025](https://www.sec.gov/Archives/edgar/data/1385157/000110465925008106/tm254068d5_ex4-2.htm) | ​ | Current Report on Form 8-K | ​ | 4.2 | ​ | January 31, 2025 |

| [removed: 4.2(l)] [added: 4.2(k)] | ​ | [removed: [Second] [added: [Third] Supplemental Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity plc, as parent guarantor, TE Connectivity Switzerland Ltd., as additional guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated May [removed: 6, 2025](https://www.sec.gov/Archives/edgar/data/1385157/000110465925045083/tm2514045d1_ex4-1.htm)] [added: 9, 2025](https://www.sec.gov/Archives/edgar/data/1385157/000110465925046750/tm2514336d1_ex4-1.htm)] | ​ | Current Report on Form 8-K | ​ | 4.1 | ​ | May [removed: 6,] [added: 9,] 2025 |

| [removed: 4.2(m)] [added: 4.2(l)] | ​ | [removed: [Third] [added: [Fourth] Supplemental Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity plc, as parent guarantor, TE Connectivity Switzerland Ltd., as additional guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated May 9, [removed: 2025](https://www.sec.gov/Archives/edgar/data/1385157/000110465925046750/tm2514336d1_ex4-1.htm)] [added: 2025](https://www.sec.gov/Archives/edgar/data/1385157/000110465925046750/tm2514336d1_ex4-2.htm)] | ​ | Current Report on Form 8-K | ​ | [removed: 4.1] [added: 4.2] | ​ | May 9, 2025 |

| 4.2(n) | ​ | [removed: [Fourth] [added: [Sixth] Supplemental Indenture among Tyco Electronics Group S.A., as issuer, TE Connectivity plc, as parent guarantor, TE Connectivity Switzerland Ltd., as additional guarantor, and Deutsche Bank Trust Company Americas, as trustee, dated [removed: May] [added: February] 9, [removed: 2025](https://www.sec.gov/Archives/edgar/data/1385157/000110465925046750/tm2514336d1_ex4-2.htm)] [added: 2026](https://www.sec.gov/Archives/edgar/data/1385157/000110465926012079/tm265613d1_ex4-2.htm)] | ​ | Current Report on Form 8-K | ​ | 4.2 | ​ | [removed: May] [added: February] 9, [removed: 2025] [added: 2026] |

| Number | [added: ​ ​ ​] | Description | [added: ​ ​ ​] | Form | [added: ​ ​ ​] | Exhibit | [added: ​ ​ ​] | Date Filed with the SEC |

| 10.1 | ​ | [removed: [Second Amended and Restated Five-Year] [added: [Five-Year] Senior Credit [removed: Agreement, dated April 24, 2024,] [added: Agreement] by and among Tyco Electronics Group S.A., as borrower, TE Connectivity [added: Switzerland] Ltd., as [added: intermediate guarantor, TE Connectivity plc, as] parent guarantor, the lenders party thereto, and Bank of America, N.A., as administrative [removed: agent](https://www.sec.gov/Archives/edgar/data/1385157/000110465924051328/tm2412559d1_ex10-1.htm)] [added: agent, dated February 13, 2026](https://www.sec.gov/Archives/edgar/data/1385157/000110465926015617/tm266298d1_ex10-1.htm)] | ​ | Current Report on Form 8-K | ​ | 10.1 | ​ | [removed: April 25, 2024] [added: February 17, 2026] |

| [removed: 10.2] [added: 10.4] | [removed: ​] [added: ‡] | [removed: [Assumption and Joinder Agreement, dated September 24, 2024, by TE Connectivity plc, TE] [added: [TE] Connectivity [removed: Switzerland Ltd.,] [added: plc 2024 Stock] and [removed: Bank of America, N.A., as administrative agent under that certain Second Amended] [added: Incentive Plan (Amended] and Restated [removed: Credit Agreement, dated April 24, 2024](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-1.htm)] [added: as of September 30, 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-5.htm)] | ​ | Current Report on Form 8-K | ​ | [removed: 10.1] [added: 10.5] | ​ | September 30, 2024 |

| [removed: 10.3] [added: 10.14] | ‡ | [TE Connectivity [removed: Annual Incentive] [added: Severance] Plan [removed: (as Amended] [added: for U.S. Executives (Amended] and [removed: Restated)](https://www.sec.gov/Archives/edgar/data/1385157/000155837024015227/tel-20240927xex10d3.htm)] [added: Restated as of September 30, 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000155837024015227/tel-20240927xex10d21.htm)] | ​ | Annual Report on Form 10-K for the fiscal year ended September 27, 2024 | ​ | [removed: 10.3] [added: 10.21] | ​ | November 12, 2024 |

| [removed: 10.4] [added: 10.3] | ‡ | [TE Connectivity plc 2007 Stock and Incentive Plan (Amended and Restated as of September 30, 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-7.htm) | ​ | Current Report on Form 8-K | ​ | 10.7 | ​ | September 30, 2024 |

| 10.5 | ‡ | [TE Connectivity plc [removed: 2010] [added: Employee] Stock [removed: and Incentive] [added: Purchase] Plan (Amended and Restated as of September 30, [removed: 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-9.htm)] [added: 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-6.htm)] | ​ | Current Report on Form 8-K | ​ | [removed: 10.9] [added: 10.6] | ​ | September 30, 2024 |

| [removed: 10.6] [added: 10.16] | ‡ | [TE Connectivity plc [removed: 2024 Stock and Incentive] [added: Savings Related Share] Plan (Amended and Restated as of September 30, [removed: 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-5.htm)] [added: 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-8.htm)] | ​ | Current Report on Form 8-K | ​ | [removed: 10.5] [added: 10.8] | ​ | September 30, 2024 |

| [removed: 10.7] [added: 10.18] | [removed: ‡] [added: ​] | [removed: [TE Connectivity plc Employee Stock Purchase Plan (Amended] [added: [Form of Indemnification for directors] and [removed: Restated as] [added: executive officers] of [removed: September 30, 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-6.htm)] [added: TE Connectivity plc](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-3.htm)] | ​ | Current Report on Form 8-K | ​ | [removed: 10.6] [added: 10.3] | ​ | September 30, 2024 |

| 10.8 | ‡ | [Form of Option Award Terms and [removed: Conditions](http://www.sec.gov/Archives/edgar/data/1385157/000104746911000265/a2201621zex-10_3.htm)] [added: Conditions for Option Grants Beginning in November 2020](https://www.sec.gov/Archives/edgar/data/1385157/000155837021000486/tel-20201225xex10d1.htm)] | ​ | Quarterly Report on Form 10-Q for the quarterly period ended December [removed: 24, 2010] [added: 25, 2020] | ​ | [removed: 10.3] [added: 10.1] | ​ | January [removed: 24, 2011] [added: 28, 2021] |

| [removed: 10.9] [added: 10.6] | ‡ | [Form of Option Award Terms and Conditions for Option Grants Beginning in November 2017](http://www.sec.gov/Archives/edgar/data/1385157/000104746917007037/a2233456zex-10_8.htm) | ​ | Annual Report on Form 10-K for the fiscal year ended September 29, 2017 | ​ | 10.8 | ​ | November 14, 2017 |

| [removed: 10.10] [added: 10.7] | ‡ | [Form of Option Award Terms and Conditions for Option Grants Beginning in November 2019](https://www.sec.gov/Archives/edgar/data/1385157/000155837019010758/ex-10d8.htm) | ​ | Annual Report on Form 10-K for the fiscal year ended September 27, 2019 | ​ | 10.8 | ​ | November 12, 2019 |

| [removed: 10.11] [added: 10.9] | ‡ | [Form of Option Award Terms and Conditions for Option Grants Beginning in November [removed: 2020](https://www.sec.gov/Archives/edgar/data/1385157/000155837021000486/tel-20201225xex10d1.htm)] [added: 2021](https://www.sec.gov/Archives/edgar/data/1385157/000155837022017931/tel-20220930xex10d11.htm)] | ​ | [removed: Quarterly] [added: Annual] Report on Form [removed: 10-Q] [added: 10-K] for the [removed: quarterly period] [added: fiscal year] ended [removed: December 25, 2020] [added: September 30, 2022] | ​ | [removed: 10.1] [added: 10.11] | ​ | [removed: January 28, 2021] [added: November 15, 2022] |

| [removed: 10.12] [added: 10.10] | ‡ | [Form of Option Award Terms and Conditions for Option Grants Beginning in November [removed: 2021](https://www.sec.gov/Archives/edgar/data/1385157/000155837022017931/tel-20220930xex10d11.htm)] [added: 2024](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-10.htm)] | ​ | [removed: Annual] [added: Current] Report on Form [removed: 10-K for the fiscal year ended September 30, 2022] [added: 8-K] | ​ | [removed: 10.11] [added: 10.10] | ​ | [removed: November 15, 2022] [added: September 30, 2024] |

| Number | [added: ​ ​ ​] | Description | [added: ​ ​ ​] | Form | [added: ​ ​ ​] | Exhibit | [added: ​ ​ ​] | Date Filed with the SEC |

| [removed: 10.13] [added: 10.11] | ‡ | [Form of [removed: Option] [added: Restricted Stock Unit] Award Terms and Conditions for [removed: Option] [added: RSU] Grants Beginning in November [removed: 2024](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-10.htm)] [added: 2024](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-11.htm)] | ​ | Current Report on Form 8-K | ​ | [removed: 10.10] [added: 10.11] | ​ | September 30, 2024 |

| [removed: 10.14] [added: 10.12] | ‡ | [Form of [removed: Restricted] [added: Performance] Stock Unit Award Terms and Conditions for [removed: RSU Grants Beginning] [added: Performance Cycles Starting] in [removed: November 2021](https://www.sec.gov/Archives/edgar/data/1385157/000155837022017931/tel-20220930xex10d14.htm)] [added: and After Fiscal Year 2024](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-12.htm)] | ​ | [removed: Annual] [added: Current] Report on Form [removed: 10-K for the fiscal year ended September 30, 2022] [added: 8-K] | ​ | [removed: 10.14] [added: 10.12] | ​ | [removed: November 15, 2022] [added: September 30, 2024] |

| [removed: 10.15] [added: 10.17] | [removed: ‡] [added: ​] | [Form of [removed: Restricted Stock Unit Award Terms and Conditions] [added: Deed of Indemnification] for [removed: RSU Grants Beginning in November 2024](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-11.htm)] [added: directors and executive officers of TE Connectivity plc](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-2.htm)] | ​ | Current Report on Form 8-K | ​ | [removed: 10.11] [added: 10.2] | ​ | September 30, 2024 |

| [removed: 10.18] [added: 10.13] | ‡ | [TE Connectivity Change in Control Severance Plan for Certain U.S. Executives (Amended and Restated as of September 30, 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000155837024015227/tel-20240927xex10d20.htm) | ​ | Annual Report on Form 10-K for the fiscal year ended September 27, 2024 | ​ | 10.20 | ​ | November 12, 2024 |

| [removed: 10.19] [added: 10.23] | ‡ | [removed: [TE Connectivity Severance Plan for U.S. Executives (Amended] [added: [Employment Agreement between Aaron Stucki] and [removed: Restated] [added: TE Connectivity Corporation dated October 1, 2020,] as [removed: of September 30, 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000155837024015227/tel-20240927xex10d21.htm)] [added: amended](https://www.sec.gov/Archives/edgar/data/1385157/000155837024015227/tel-20240927xex10d31.htm)] | ​ | Annual Report on Form 10-K for the fiscal year ended September 27, 2024 | ​ | [removed: 10.21] [added: 10.31] | ​ | November 12, 2024 |

| [removed: 10.20] [added: 10.15] | ‡* | [TE Connectivity Supplemental Savings and Retirement Plan (Amended and Restated as of January 1, [removed: 2025)](https://www.sec.gov/Archives/edgar/data/1385157/000110465925109150/tel-20250926xex10d20.htm)] [added: 2026)](https://www.sec.gov/Archives/edgar/data/1385157/000110465926124497/tel-ex10d15.htm)] | ​ | ​ | ​ | ​ | ​ | ​ |

| [removed: 10.24] [added: 10.19] | ‡ | [Employment Agreement between Terrence R. Curtin and Tyco Electronics Corporation dated December 15, 2015, as amended](https://www.sec.gov/Archives/edgar/data/1385157/000155837024015227/tel-20240927xex10d26.htm) | ​ | Annual Report on Form 10-K for the fiscal year ended September 27, 2024 | ​ | 10.26 | ​ | November 12, 2024 |

| [removed: 10.25] [added: 10.20] | ‡ | [Employment Agreement between Heath A. Mitts and Tyco Electronics Corporation dated September 30, 2016, as amended](https://www.sec.gov/Archives/edgar/data/1385157/000155837024015227/tel-20240927xex10d28.htm) | ​ | Annual Report on Form 10-K for the fiscal year ended September 27, 2024 | ​ | 10.28 | ​ | November 12, 2024 |

| [removed: 10.26] [added: 10.21] | ‡ | [Employment Agreement between John S. Jenkins and Tyco Electronics Corporation dated December 15, 2015, as amended](https://www.sec.gov/Archives/edgar/data/1385157/000155837024015227/tel-20240927xex10d29.htm) | ​ | Annual Report on Form 10-K for the fiscal year ended September 27, 2024 | ​ | 10.29 | ​ | November 12, 2024 |

| [removed: 10.27] [added: 10.22] | ‡ | [Employment Agreement between Shad Kroeger and TE Connectivity Corporation dated February 23, 2018](https://www.sec.gov/Archives/edgar/data/1385157/000155837021000486/tel-20201225xex10d4.htm) | ​ | Quarterly Report on Form 10-Q for the quarterly period ended December 25, 2020 | ​ | 10.4 | ​ | January 28, 2021 |

| 10.2 | ‡* | [TE Connectivity Annual Incentive Plan (as Amended and Restated)](https://www.sec.gov/Archives/edgar/data/1385157/000110465926124497/tel-ex10d2.htm) | ​ | ​ | ​ | ​ | ​ | ​ |

| 10.16 | ‡ | [Form of Performance Stock Unit Award Terms and Conditions for Performance Cycles Starting in and After Fiscal Year 2022](https://www.sec.gov/Archives/edgar/data/1385157/000155837022017931/tel-20220930xex10d17.htm) | ​ | Annual Report on Form 10-K for the fiscal year ended September 30, 2022 | ​ | 10.17 | ​ | November 15, 2022 |

| 10.17 | ‡ | [Form of Performance Stock Unit Award Terms and Conditions for Performance Cycles Starting in and After Fiscal Year 2024](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-12.htm) | ​ | Current Report on Form 8-K | ​ | 10.12 | ​ | September 30, 2024 |

| 10.21 | ‡ | [TE Connectivity plc Savings Related Share Plan (Amended and Restated as of September 30, 2024)](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-8.htm) | ​ | Current Report on Form 8-K | ​ | 10.8 | ​ | September 30, 2024 |

| 10.22 | ​ | [Form of Deed of Indemnification for directors and executive officers of TE Connectivity plc](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-2.htm) | ​ | Current Report on Form 8-K | ​ | 10.2 | ​ | September 30, 2024 |

| 10.23 | ​ | [Form of Indemnification for directors and executive officers of TE Connectivity plc](https://www.sec.gov/Archives/edgar/data/1385157/000110465924103940/tm2424199d1_ex10-3.htm) | ​ | Current Report on Form 8-K | ​ | 10.3 | ​ | September 30, 2024 |

| 10.28 | ‡ | [Employment Agreement between Aaron Stucki and TE Connectivity Corporation dated October 1, 2020, as amended](https://www.sec.gov/Archives/edgar/data/1385157/000155837024015227/tel-20240927xex10d31.htm) | ​ | Annual Report on Form 10-K for the fiscal year ended September 27, 2024 | ​ | 10.31 | ​ | November 12, 2024 |

Date: November [removed: 10, 2025][added: 9, 2026]

| Signature | | | [added: ​ ​ ​] | Title | | | [added: ​] | Date | | |

| /s/ Terrence R. Curtin | | | ​ | Chief Executive Officer and Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| Heath A. Mitts | | | ​ | Chief Financial Officer and Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| Reuben M. Shaffer | | | ​ | Corporate Controller | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| * | | | ​ | Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| * | | | ​ | Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| * | | | ​ | Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| * | | | ​ | Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| * | | | ​ | Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| * | | | ​ | Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| * | | | ​ | Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| Signature | | | [added: ​ ​ ​] | Title | | | [added: ​] | Date | | |

| * | | | ​ | Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| * | | | ​ | Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| * | | | ​ | Director | | | ​ | November [removed: 10, 2025] [added: 9, 2026] | | |

| [Reports of Independent Registered Public Accounting Firm](#REPORTOFINDEPENDENTREGISTEREDPUBLICACCOU) (PCAOB ID No. 34) | [added: ​ ​] | [removed: 58] [added: 56] |

| [Consolidated Statements of Operations for the Fiscal Years Ended September [added: 25, 2026, September] 26, 2025, [removed: September 27, 2024,] and September [removed: 29, 2023](#CONSOLIDATEDSTATEMENTSOFOPERATIONS_80060)] [added: 27, 2024](#CONSOLIDATEDSTATEMENTSOFOPERATIONS_80060)] | ​ | [removed: 61] [added: 59] |

| [Consolidated Statements of Comprehensive Income for the Fiscal Years Ended September [added: 25, 2026, September] 26, 2025, [removed: September 27, 2024,] and September [removed: 29, 2023](#CONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINC)] [added: 27, 2024](#CONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINC)] | ​ | [removed: 62] [added: 60] |

| [Consolidated Balance Sheets as of September [removed: 26, 2025] [added: 25, 2026] and September [removed: 27, 2024](#CONSOLIDATEDBALANCESHEETS_690499)] [added: 26, 2025](#CONSOLIDATEDBALANCESHEETS_690499)] | ​ | [removed: 63] [added: 61] |

| [Consolidated Statements of Shareholders’ Equity for the Fiscal Years Ended September [added: 25, 2026, September] 26, 2025, [removed: September 27, 2024,] and September [removed: 29, 2023](#CONSOLIDATEDSTATEMENTSOFSHAREHOLDERSEQUI)] [added: 27, 2024](#CONSOLIDATEDSTATEMENTSOFSHAREHOLDERSEQUI)] | ​ | [removed: 64] [added: 62] |

| [Consolidated Statements of Cash Flows for the Fiscal Years Ended September [added: 25, 2026, September] 26, 2025, [removed: September 27, 2024,] and September [removed: 29, 2023](#CONSOLIDATEDSTATEMENTSOFCASHFLOWS_2618)] [added: 27, 2024](#CONSOLIDATEDSTATEMENTSOFCASHFLOWS_2618)] | ​ | [removed: 65] [added: 63] |

| [Notes to Consolidated Financial Statements](#a1BasisofPresentation_820583) | ​ | [removed: 66] [added: 64] |

| [Schedule II—Valuation and Qualifying Accounts](#SCHEDULEIIVALUATIONANDQUALIFYINGACCOUNTS) | ​ | [removed: 104] [added: 103] |

We have audited the accompanying consolidated balance sheets of TE Connectivity plc [removed: (formerly TE Connectivity Ltd.)] and subsidiaries (the "Company") as of September [removed: 26, 2025] [added: 25, 2026] and September [removed: 27, 2024,] [added: 26, 2025,] the related consolidated statements of operations, comprehensive income, shareholders’ equity, and cash flows, for each of the three years in the period ended September [removed: 26, 2025,] [added: 25, 2026,] and the related notes and the schedule listed in the Index at Item 15(a)2 (collectively referred to as the "financial statements").

In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of September [removed: 26, 2025] [added: 25, 2026] and September [removed: 27, 2024,] [added: 26, 2025,] and the results of its operations and its cash flows for each of the three years in the period ended September [removed: 26, 2025,] [added: 25, 2026,] in conformity with accounting principles generally accepted in the United States of America.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of September [removed: 26, 2025,] [added: 25, 2026,] based on criteria established in _Internal Control — Integrated Framework (2013)_ issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated November [removed: 10, 2025,] [added: 9, 2026,] expressed an unqualified opinion on the Company's internal control over financial reporting.

A valuation allowance is provided to [removed: offset] [added: reduce the measurement of] deferred tax assets if, based [removed: upon the] [added: on all] available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized.

realize a portion of its deferred tax assets, and therefore, a valuation allowance of [removed: $8.8] [added: $9.3] billion has been recorded to offset the Company’s gross deferred tax assets as of September [removed: 26, 2025] [added: 25, 2026] of [removed: $11.8] [added: $12.2] billion.

| | • | With the assistance of our income tax [removed: and other] specialists, we evaluated (1) the appropriateness of qualifying tax planning strategies, including that they were prudent, feasible and would more likely than not result in the realization of deferred tax assets and (2) management’s assessment that sufficient taxable income will be generated in the future to realize a portion of the deferred tax assets prior to expiration. |

We have audited the internal control over financial reporting of TE Connectivity plc and subsidiaries (the “Company”) as of September [removed: 26, 2025,] [added: 25, 2026,] based on criteria established in _Internal Control—Integrated Framework (2013)_ issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of September [removed: 26, 2025,] [added: 25, 2026,] based on criteria established in _Internal Control—Integrated Framework (2013)_ issued by COSO.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated financial statements as of and for the fiscal year ended September [removed: 26, 2025,] [added: 25, 2026] of the Company and our report dated November [removed: 10, 2025,] [added: 9, 2026,] expressed an unqualified opinion on those financial statements.

Fiscal Years Ended September [added: 25, 2026, September] 26, 2025, [removed: September 27, 2024,] and September [removed: 29, 2023][added: 27, 2024]

| ​ | [removed: ​] [added: ​ ​ ​] | Fiscal | | | | | | | | ​ |

| ​ | [added: ​] | 2025 | | [added: ​ ​ ​] | 2024 | | [removed: | 2023 | |] [added: ​] |

| Net sales | ​ | $ | [removed: 17,262] [added: 19,885] | ​ | $ | [removed: 15,845] [added: 17,262] | ​ | $ | [removed: 16,034] [added: 15,845] | ​ |

| Cost of sales | ​ | | [removed: 11,183] [added: 12,679] | ​ | | [removed: 10,389] [added: 11,183] | ​ | | [removed: 10,979] [added: 10,389] | ​ |

| Gross margin | ​ | | [removed: 6,079] [added: 7,206] | ​ | | [removed: 5,456] [added: 6,079] | ​ | | [removed: 5,055] [added: 5,456] | ​ |

| Selling, general, and administrative expenses | ​ | ​ | [removed: 1,866] [added: 2,124] | ​ | ​ | [removed: 1,732] [added: 1,866] | ​ | ​ | [removed: 1,670] [added: 1,732] | ​ |

| Kenneth Washington | | | ​ | ​ | | | ​ | ​ | | |

| * | | | ​ | Director | | | ​ | November 9, 2026 | | |

November 9, 2026

November 9, 2026

| Net income | ​ | — | ​ | ​ | — | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 3,253 | ​ | ​ | — | ​ | ​ | 3,253 | ​ |

| Dividends ($3.05 per ordinary share) | ​ | — | ​ | ​ | — | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (884) | ​ | ​ | — | ​ | ​ | (884) | ​ |

| Repurchase of ordinary shares | ​ | — | ​ | ​ | — | ​ | (9) | ​ | ​ | (1,892) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,892) | ​ |

| Balance at fiscal year end 2026 | | 296 | ​ | $ | 3 | | (9) | ​ | $ | (1,892) | ​ | $ | — | ​ | $ | 15,244 | ​ | $ | 218 | ​ | $ | 13,573 | ​ |

​

A tax liability or asset is recognized for the estimated taxes payable or refundable on tax returns for the current and prior years.

The measurement of current and deferred tax liabilities and assets is based on provisions of the enacted tax law and the effects of future changes in tax laws or rates are not anticipated.

These estimates may

The right to

We adopted this update, on a prospective basis, in fiscal 2026.

| Total fiscal 2026 activity | ​ | $ | 177 | ​ | $ | 107 | ​ | $ | 3 | ​ | $ | (96) | ​ | $ | (5) | ​ | $ | (3) | ​ | $ | 183 | ​ |

| Employee severance | ​ | ​ | 186 | ​ | ​ | 11 | ​ | ​ | 1 | ​ | ​ | (125) | ​ | ​ | — | ​ | ​ | (3) | ​ | ​ | 70 | ​ |

| Total | ​ | ​ | 201 | ​ | ​ | 19 | ​ | ​ | (3) | ​ | ​ | (141) | ​ | ​ | — | ​ | ​ | (2) | ​ | ​ | 74 | ​ |

| Employee severance | ​ | | 314 | ​ | ​ | 34 | ​ | ​ | (20) | ​ | ​ | (153) | ​ | ​ | — | ​ | ​ | 11 | ​ | ​ | 186 | ​ |

| Total | ​ | | 320 | ​ | | 70 | ​ | | (12) | ​ | | (179) | ​ | | (9) | ​ | | 11 | ​ | | 201 | ​ |

​

During fiscal 2026, we initiated a restructuring program to optimize our manufacturing footprint and improve the cost structure of our organization.

| ​ | ​ ​ ​ | 2026 | | ​ ​ ​ | 2025 | | ​ ​ ​ |

Divestiture

One of the acquisitions includes certain earn-out provisions based on business performance for which we have estimated the acquisition-date fair value to be approximately $150 million.

Fiscal 2025 Acquisitions

During fiscal 2026, we finalized the valuation of identifiable intangible assets, fixed assets, and pre-acquisition contingencies.

| Goodwill | ​ | | 1,042 | ​ |

| ​ | ​ | Fiscal | | | | | ​ |

Fiscal 2024 Acquisition

Pending Acquisition

On July 22, 2026, we entered into a definitive agreement to acquire Astrodyne TDI, a leading manufacturer of power and filter solutions, for approximately $1.4 billion in cash.

The transaction, which is expected to close by the end of calendar year 2026, is subject to customary regulatory approvals and other closing conditions.

The business will be reported as part of the automation and connected living business within our Industrial Solutions segment.

| ​ | ​ ​ ​ | 2026 | | ​ ​ ​ | 2025 | | ​ |

| ​ | ​ ​ ​ | 2026 | | ​ ​ ​ | 2025 | | ​ |

| ​ | ​ | | 12,902 | ​ | | 12,089 | ​ |

| Acquisitions and purchase accounting adjustments | ​ | ​ | 15 | ​ | ​ | 325 | ​ | ​ | 340 | ​ |

| Balance at fiscal year end 2026(1) | ​ | $ | 1,614 | ​ | $ | 5,806 | ​ | $ | 7,420 | ​ |

8.

| ​ | ​ | 2026 | | | | | | | | ​ | 2025 | | | | | | | | ​ |

November 10, 2025

As described in Management’s Report on Internal Control Over Financial Reporting, management excluded from its assessment the internal control over financial reporting at Richards Manufacturing Co., which was acquired on April 1, 2025, and whose financial statements constitute 8% of total assets and 1% of total net sales of the consolidated financial statement amounts as of and for the fiscal year ended September 26, 2025.

Accordingly, our audit did not include the internal control over financial reporting at Richards Manufacturing Co.

November 10, 2025

| ​ | | Fiscal | | | | | | | | ​ |

| Balance at fiscal year end 2022 | | 331 | ​ | $ | 146 | | (13) | ​ | $ | (1,681) | ​ | $ | — | ​ | $ | 12,832 | ​ | $ | (495) | ​ | $ | 10,802 | ​ |

| Dividends | | — | ​ | ​ | — | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (737) | ​ | ​ | — | ​ | | (737) | ​ |

| Repurchase of common shares | | — | ​ | ​ | — | ​ | (14) | ​ | ​ | (1,991) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,991) | ​ |

| ​ | ​ | Fiscal | | | | | | | | ​ |

| Net income | ​ | $ | 1,842 | ​ | $ | 3,193 | ​ | $ | 1,910 | ​ |

During fiscal 2024, our board of directors and shareholders approved a change in our jurisdiction of incorporation from Switzerland to Ireland.

Under the merger agreement, TE Connectivity Ltd. merged with and into TE Connectivity plc, which was the surviving entity, in order to effect our change in jurisdiction of incorporation from Switzerland to Ireland.

The merger was completed on September 30, 2024, thereby changing our jurisdiction of incorporation from Switzerland to Ireland.

We have not had and do not anticipate any material changes in our operations or financial results as a result of the merger and change in place of incorporation.

Deferred tax liabilities and assets are determined based on the differences between the book and tax bases of particular assets and liabilities and operating loss carryforwards using tax rates in effect for the years in which the differences are expected to reverse.

| | ● | _Accounts receivable—_Accounts receivable are valued based on the net value expected to be realized. The net realizable value generally represents an observable contractual agreement (level 2). |

| | ● | _Accounts payable—_Accounts payable are valued based on the net value expected to be paid, generally supported by an observable contractual agreement (level 2). |

At the end of each reporting period, we evaluate the

In September 2025, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2025-06, _Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software_, to simplify accounting for internal-use software costs.

The update will allow for capitalization of costs when management authorizes and commits to funding a project and it is probable that the project will be completed and the software will be used as intended.

The amendments are effective for us in fiscal 2029; however, early adoption is permitted.

We are currently assessing the impact that adoption will have on our Consolidated Financial Statements.

We are currently assessing the impact that adoption will have on our Consolidated Financial Statements.

In March 2024, the U.S. Securities and Exchange Commission (“SEC”) issued its final climate disclosure rules, _The Enhancement and Standardization of Climate-Related Disclosures for Investors_, which require all registrants to provide certain climate-related information in their registration statements and annual reports.

The rules require disclosure of, among other things, material climate-related risks, activities to mitigate or adapt to such risks, governance and oversight of such risks, material climate targets and goals, and Scope 1 and/or Scope 2 greenhouse gas emissions, on a phased-in basis, when those emissions are material.

In addition, the final rules require certain disclosures in the notes to the financial statements, including the effects of severe weather events and other natural conditions.

The rules are effective for us on a phased-in timeline starting in fiscal 2026; however, in April 2024, the SEC issued an order to voluntarily stay its final climate rules.

We continue to monitor developments pertaining to the rules and any potential impacts on our Consolidated Financial Statements.

The amendments are effective for us in fiscal 2026.

In November 2023, the FASB issued ASU No. 2023-07, _Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures_, which updates reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses.

We adopted this update, on a retrospective basis, for our fiscal 2025 Annual Report.

| ​ | ​ | Fiscal | | | | | | | | ​ |

| (Gain) loss on divestitures and impairment of held for sale business, net | ​ | ​ | (1) | ​ | ​ | (10) | ​ | ​ | 77 | ​ |

| Total | ​ | ​ | 189 | ​ | ​ | 38 | ​ | ​ | (16) | ​ | ​ | (88) | ​ | ​ | (13) | ​ | ​ | 6 | ​ | ​ | 116 | ​ |

| Employee severance | ​ | $ | — | ​ | $ | 238 | ​ | $ | — | ​ | $ | (50) | ​ | $ | — | ​ | $ | (1) | ​ | $ | 187 | ​ |

| Total | ​ | | — | ​ | ​ | 247 | ​ | ​ | — | ​ | ​ | (51) | ​ | ​ | (6) | ​ | ​ | (1) | ​ | ​ | 189 | ​ |

| Employee severance | ​ | | 220 | ​ | ​ | 13 | ​ | ​ | (8) | ​ | ​ | (110) | ​ | ​ | — | ​ | ​ | 12 | ​ | ​ | 127 | ​ |

| Facility and other exit costs | ​ | | 8 | ​ | ​ | 7 | ​ | ​ | 6 | ​ | ​ | (17) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4 | ​ |

| Total | ​ | | 228 | ​ | | 23 | ​ | | (10) | ​ | | (127) | ​ | | 5 | ​ | | 12 | ​ | | 131 | ​ |

| Total fiscal 2023 activity | ​ | $ | 228 | ​ | $ | 270 | ​ | $ | (10) | ​ | $ | (178) | ​ | $ | (1) | ​ | $ | 11 | ​ | $ | 320 | ​ |