Flex Ltd. (the ‘Company') announced that, on March 24, 2022, Francois Barbier, President, Global Operations and Components, advised the Company of his intent to retire from his current position with the Company, effective March 31, 2022 (the ‘Transition Date'). In connection with the Company's succession planning, the Company further announced that Kwang Hooi Tan has been promoted to President, Global Operations and Components, effective April 1, 2022. Mr. Tan has been with the Company for more than twenty years and most recently responsible for the Company's Worldwide Manufacturing Operations and previously for leading the Company's Asia Operations region.

Mr. Tan has led a variety of critical initiatives for the Company over the years, including working through challenging customer situations, driving productivity and efficiency programs, and navigating complex government negotiations.