TD SYNNEX Corporation announced that on June 14, 2022 it commenced an offer to exchange the Company's outstanding unregistered notes for new registered notes. Under the Exchange Offer, the Company is offering to exchange up to $700,000,000 aggregate principal amount of new 1.250% Senior Notes due 2024, $700,000,000 aggregate principal amount of new 1.750% Senior Notes due 2026, $600,000,000 aggregate principal amount of new 2.375% Senior Notes due 2028 and $500,000,000 aggregate principal amount of new 2.650% Senior Notes due 2031 (collectively, the Exchange Notes), the issuance of which has been registered under the Securities Act of 1933, as amended (the Securities Act), for a like principal amount of its unregistered $700,000,000 aggregate principal amount of its outstanding 1.250% Senior Notes due 2024, $700,000,000 aggregate principal amount of its outstanding 1.750% Senior Notes due 2026, $600,000,000 aggregate principal amount of its outstanding 2.375% Senior Notes due 2028 and $500,000,000 aggregate principal amount of its outstanding 2.650% Senior Notes due 2031 (collectively, the “Outstanding Notes”). The terms of the Exchange Notes offered in the Exchange Offer are substantially identical to the terms of the respective series of the Outstanding Notes, except that the Exchange Notes will be registered under the Securities Act, and certain transfer restrictions, registration rights, and additional interest provisions relating to the Outstanding Notes will not apply to the Exchange Notes.

The purpose of the Exchange Offer is to fulfill the Company's obligations under the applicable registration rights agreement entered into in connection with the issuances of the Outstanding Notes. The Company will not receive any proceeds from the Exchange Offer, and the aggregate principal amount of Exchange Notes that will be issued will be equal to the aggregate principal amount of Outstanding Notes that are surrendered pursuant to the Exchange Offer.