FLEX LTD. Files 8-K on Security Holder Vote and Other Events

TL;DR

FLEX LTD. filed an 8-K for shareholder vote items and other events.

AI Summary

On August 8, 2024, FLEX LTD. filed an 8-K report detailing a submission of matters to a vote of security holders and other events. The filing does not contain specific financial figures or details regarding the nature of the vote or events.

Why It Matters

This filing indicates that FLEX LTD. is engaging in corporate actions requiring shareholder approval or is reporting significant events that may impact investors.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose specific financial risks or material changes at this time.

Key Players & Entities

• FLEX LTD. (company) — Registrant
• 0000866374-24-000036 (filing_id) — Accession Number
• August 8, 2024 (date) — Date of earliest event reported
• Singapore (location) — Principal executive offices

FAQ

Key Financial Figures

• $1.7 billion — es in an aggregate amount not to exceed $1.7 billion. Share repurchases, if any, will be mad

Filing Documents

• flex-20240808.htm (8-K) — 60KB
• 0000866374-24-000036.txt ( ) — 182KB
• flex-20240808.xsd (EX-101.SCH) — 2KB
• flex-20240808_lab.xml (EX-101.LAB) — 21KB
• flex-20240808_pre.xml (EX-101.PRE) — 12KB
• flex-20240808_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On August 8, 2024, Flex Ltd. (the "Company") held its 2024 Annual General Meeting. There were 398,803,737 Ordinary Shares entitled to be voted and 367,911,599 Ordinary Shares were voted in person or by proxy at the Annual General Meeting. At the Annual General Meeting: (1) The shareholders re-elected the nine (9) nominees for director. (2) The shareholders re-appointed Deloitte & Touche LLP as the Company's independent auditors for the 2025 fiscal year and authorized the Company's Board of Directors, upon the recommendation of the Audit Committee of the Board of Directors, to fix their remuneration. (3) The shareholders approved, on a non-binding, advisory basis, the compensation of the Company's named executive officers. (4) The shareholders approved a general authorization for the Company's Board of Directors to allot and issue Ordinary Shares. (5) The shareholders approved the renewal of the Company's Share Purchase Mandate permitting the Company to purchase or otherwise acquire up to 20% of its own issued and outstanding Ordinary Shares as of the date of the Annual General Meeting. The Company's Inspector of Elections certified the following vote tabulations from the Annual General Meeting: Board of Directors: Broker Nominee For Against Abstain Non-Votes Revathi Advaithi 348,417,415 892,472 73,318 18,528,394 John D. Harris II 346,053,136 3,269,974 60,095 18,528,394 Michael E. Hurlston 312,734,965 36,586,680 61,560 18,528,394 Erin L. McSweeney 343,247,898 6,076,735 58,572 18,528,394 Charles K. Stevens, III 339,577,771 9,743,718 61,716 18,528,394 Maryrose T. Sylvester 346,542,896 2,783,866 56,443 18,528,394 Lay Koon Tan 339,625,087 9,697,621 60,497 18,528,394 Patrick J. Ward 348,452,062 867,988 63,155 18,528,394 William D. Watkins 338,409,577 10,915,986 57,642 18,528,394 Broker For Against Abstain Non-Votes Re-appointment of Deloitte & Touche LLP 347,687,406 19,905,528 318,6

01 Other Events

Item 8.01 Other Events. The Company announced that it has received shareholder approval to purchase up to 20% of the Company's issued and outstanding Ordinary Shares, and the Company's Board of Directors has authorized management to continue its share repurchase plan for the Company's issued Ordinary Shares in an aggregate amount not to exceed $1.7 billion. Share repurchases, if any, will be made in the open market and in compliance with SEC Rule 10b-18. The timing and actual number of shares repurchased will depend on a variety of factors including price, market conditions and applicable legal requirements. The share repurchase program does not obligate the Company to repurchase any specific number of shares and may be suspended or terminated at any time without prior notice. 3

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FLEX LTD. Date: August 9, 2024 By: /s/ Scott Offer Name: Title: Scott Offer Executive Vice President and General Counsel 4

View Full Filing

View this 8-K filing on SEC EDGAR