Item 8.01 Other Events.

On November 16, 2022, Flex Ltd. (the "Company") issued a notice of redemption to redeem $500,000,000 in aggregate principal amount of its 5.000% Notes due 2023 (the "Notes"), representing all of the outstanding Notes, on December 20, 2022 (the "Redemption Date"). The redemption is being made pursuant to the terms of the Indenture, dated as of February 20, 2013 (as amended or supplemented, the "Indenture"), between the Company and U.S. Bank Trust Company, National Association, as trustee, as successor in interest to U.S. Bank National Association. Pursuant to Section 3.01 of the Indenture, the redemption price shall be equal to the greater of (i) 100% of the aggregate principal amount of the Notes to be redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using a discount rate equal to the applicable Treasury Rate (as defined in the Indenture) plus 50 basis points, plus, in each case, accrued and unpaid interest thereon to, but not including, the Redemption Date.


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