1 June 27, 2015

Avnet, Inc. Corporate OverviewAs of June 27, 2015

2 June 27, 2015

From components to cloud and design to disposal, Avnet brings products, services and solutions to customers that build, sell and use technology, globally.

3 June 27, 2015

Who We Are and What We Do

Who We Are

WhatWe Do

Financial Scope

We are one of the world’s largest global distributors of electronic components, computer products and embedded technology serving customers in more than 115 countries.

We connect the world's leading technology companies with more than 100,000 customers by providing cost-effective, value-added services and solutions.

For the fiscal year ending June 27, 2015, we generated revenue of $27.9 billion.

4 June 27, 2015

Company Snapshot

Americas$11.14B

(40%)

Asia$8.91B (32%)

EMEA$7.87B (28%)

• Named to the FORTUNE Most Admired list for technology distribution, 2007-2015

• No. 4 on the 2015 InformationWeek Elite 100 as a Top Business Technology Innovator

• No. 108 on the 2015 FORTUNE 500 (U.S.)

• No. 430 on the 2015FORTUNE Global 500

• Named a World's Most Ethical Company by EthisphereInstitute 2014 and 2015

An Industry Leader

FY15 Annual Revenue

$27.9BAvnet, Inc.

$10.6B

AvnetTechnologySolutions

$17.3B

AvnetElectronicsMarketing

• Headquartered in Phoenix, AZ

• Founded in 1921

• AVT listed on the NYSE in 1960

• 800+ suppliers

• 100,000 customers

• 96 acquisitions announced or closed since FY91

• 18,000+ employees worldwide

Fast Facts

38%

62%

5 June 27, 2015

Organizational Structure

Avnet, Inc. Board of Directors

Avnet Executive Leadership Team

Rick HamadaChief Executive Officer

MaryAnn MillerChief Human Resources Officer and Corporate Marketing & Communications

Kevin MoriartyChief Financial Officer

Gerry FayGlobal President, Electronics Marketing

Patrick ZammitGlobal President, Technology Solutions

Mike BusemanChief Global Logistics and Operations Officer

Steve PhillipsChief Information Officer

Erin LewinGeneral Counsel

6 June 27, 2015

Operating Groups

Avnet Electronics MarketingServing electronics original equipment manufacturers and electronic manufacturing services providers globally, distributing electronic components and embedded systems from leading manufacturers and providing associated design-chain and supply-chain services.

Avnet Technology SolutionsCollaborating with customers and suppliers to create and deliver services, software and hardware solutions that address the business needs of end-user customers locally and around the world.

7 June 27, 2015

Purpose and Vision

Our PurposeWe help technology make the world a better place to live, work and play.

Our VisionWe aspire to be the premier partner of choice for our customers, suppliers, employees and shareholders by accelerating their success throughour global technology marketing and distribution resources, services and culture.

8 June 27, 2015

Top Priorities

Profitable Growth

Globalization

Great People

9 June 27, 2015

Avnet’s financial strength, solid balance sheet and market leadership give its customers and suppliers complete confidence in its stability and in its ability to invest in long-term, shared growth opportunities.

10 June 27, 2015

Avnet, Inc. FY15 Results

$27.9B1.5%2

Y/Y

$972.5M4.4%3

Y/Y

$4.495.9%

Y/Y

21.6% $584M

Revenue Adjusted Operating Income1

Adjusted EPS1

ROWC4 Cash Flow from Operations

1 Excluding restructuring, integration and other items.2 Revenue increased 1.5% Y/Y on a reported basis and increased 5.4% Y/Y in constant currency (excluding the translation impact of changes in foreign currency exchange rates).

3 Adjusted Operating Income increased 4.4% Y/Y on a reported basis and 11% in constant currency.4 ROWC = Return on Working Capital is defined on slide 28.

14Basis Points

Y/Y

11 June 27, 2015

Avnet, Inc. Revenue and Adjusted EPS1

$11.1 $14.3 $15.7 $18.0 $16.2 $19.2 $26.5 $25.7 $25.5 $27.5 $27.9 $0.00

$0.50

$1.00

$1.50

$2.00

$2.50

$3.00

$3.50

$4.00

$4.50

$5.00

$0

$5

$10

$15

$20

$25

$30

FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15

($ in

Billi

ons)

1 A reconciliation of non-GAAP financial measures to GAAP financial measures is included in the Non-GAAP Financial Reconciliation and Information section of this presentation

12 June 27, 2015

Cash Flow from Operations

$462

$(19)

$725

$454

$1,118

$(30)

$278

$529

$696

$237

$584

$(800)

$(600)

$(400)

$(200)

$-

$200

$400

$600

$800

$1,000

$1,200

$1,400

FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015

Cash flow generated from working capital and other Cash from operations

($ in Millions)

13 June 27, 2015

The Power and Impact of Engagement

Technology suppliers and customers benefit from Avnet’s global scale and scope to effectively reach a wide range of markets across the globe.

14 June 27, 2015

Regional Snapshot

AmericasFY15 sales:

$11.14BEmployees:

6,800+Locations/Offices:

97Started in region:

1921Acquisitions announced or

closed since FY91:

28

EMEAFY15 sales:

$7.87BEmployees:

6,400+Locations/Offices:

185Started in region:

1991Acquisitions announced or

closed since FY91:

43

Asia PacificFY15 sales:

$8.91BEmployees:

5,400+Locations/Offices:

109Started in region:

1995Acquisitions announced or

closed since FY91:

25

15 June 27, 2015

Vital Link in Global Technology Supply Chain

Avnet effectively manages the complexity of the technology supply chain in a cost-efficient manner, delivering value to suppliers and customers.

IT Original Equipment

Manufacturers

Non-IT Original Equipment

Manufacturers

End Users

EMS / ODMResellers, ISVs

andSystem Builders

Semiconductors

Interconnect,Passive and

Electro-mechanical Devices

Embedded Systems

Software

Software and Services Vendors

Forward and Reverse Logistics – Integrated Supply Chain Expertise

16 June 27, 2015

Avnet Services

Avnet offers a breadth and depth of services capabilities, such as:• Supply-chain and design-chain

services• Logistics solutions• Product assembly• Device programming• Computer system configuration

and integration• Asset disposition• Financing• Marketing services• Technical seminars • Core distribution services

17 June 27, 2015

Global Logistics

Global Footprint:

2.5 Million Square Feet

Global Facility Network• Distribution Centers• System Integration Centers• IC Programming Centers

Global Services• Trade Compliance Regulation• Transportation Management• Regulatory Quality Compliance

FY15 Performance89 Billion Units Shipped

2.5 MillionPart Numbers Stocked

5 MillionOrders Processed

440,000Systems Integrated

259 Million Devices Programmed

18 June 27, 2015

Poing, GermanyStutensee, GermanyTiel, NetherlandsTongeren, Belgium

Avnet Global Facilities Infrastructure

Global Footprint

3.6 MILLIONSQ. FT.

Total Operations Employees

3,500+

DistributionCentersBeijing, ChinaChandler, ArizonaGuadalajara, MexicoMiami, FloridaSan Jose, CaliforniaToronto, Canada

Newcastle, UKPoing, GermanyTongeren, BelgiumStutensee, Germany

Value AddCenters

Acton, MassachusettsAtlanta, GeorgiaChandler, ArizonaGuadalajara, MexicoGroveport, OhioHollis, New HampshireNogales, MexicoSan Jose, California

Third-PartyLogisticsBratislava, SlovakiaHerrenberg-Gültstein, GermanyJazlovice, Czech RepublicJundiai, BrazilOtopeni-Ilfov, RomaniaPiaseczno/Warszawa, PolandVecses, HungaryZug, Switzerland

China (4 Locations)Ho Chi Minh City, VietnamIndia (10 Locations)Jebel Ali Free Zone, DubaiJapan (2 Locations)

I

L

P

I

L

I

P

P I

P

IC

P

I

L

I

P

P

I

I

L

I

I

Programming

Integration

Lifecycle Solutions

Cables/ConnectorsP

Beijing, ChinaHong Kong, ChinaSydney, AustraliaSingaporeTianjin, China

P

I

L

C

Hachioji, JapanHong Kong, ChinaJakarta, IndonesiaSingaporeSydney, AustraliaTaipei, Taiwan

I

19 June 27, 2015

Global IT

Scale and Scope• 1,282 physical servers• 3,554 logical servers• 2,451 terabytes storage• 64% of all supplier orders (by volume) are

placed electronically• 58% of all customer orders received (by

volume) are received electronically• 82% of inbound email messages filtered as

spam• 29,033 unique average daily visitors to Avnet

websites• 923 average monthly external break-in

attempts this quarter

Award Winning Excellence in IT

• Avnet’s Steve Phillips Inducted into CIO Magazine’s CIO Hall of Fame

• Avnet Ranks Fourth on the 2015 InformationWeek Elite 100 as a Top Business Technology Innovator

• Avnet’s Brian Chan Recognized as a 2015 Computerworld Premier 100 IT Leader

• Avnet Selected as a 2015 CIO 100 Award Winner by CIOMagazine

20 June 27, 2015

Avnet’s people initiatives help drive profitable growth by inspiring and engaging employees, which ultimately enhances the customer experience and increases shareholder value.

21 June 27, 2015

Global Headcount

EMEA6,445

Asia5,453 Americas

6,899Total

18,797

22 June 27, 2015

The Power and Impact of Engagement

Employee Engagement Customer Engagement

Thoughtful organizational development strategies lead to a more productive and engaged workforce, a more engaged customer base and higher shareholder returns.

People Practices Employee

Engagement and Organizational

Climate

External Service Value

Customer Satisfaction

Customer Loyalty

Profitability

Revenue

Employee Retention

Employee Productivity

“Putting the Service-Profit Chain to Work,” Heskett, et al. - Harvard Business Review

Since 2004, Avnet has maintained a focus on employee engagement, and it shows in our results.

23 June 27, 2015

$1.39 $1.87 $2.76 $3.18 $1.92 $2.77 $4.42 $4.19 $3.63 $4.24 $4.49

68%

70%

73%

75% 75% 75%

77% 77% 77% 77%

74%

60%

62%

64%

66%

68%

70%

72%

74%

76%

78%

$-

$0.50

$1.00

$1.50

$2.00

$2.50

$3.00

$3.50

$4.00

$4.50

FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15

Avnet EPS (1) Avnet Employee Engagement

(1) Excluding restructuring, integration and other items.

9,800 10, 900 11,700 12,800 12,900 14,200 17,000+ 17,000+ 19,000+ 18,000+TotalEmployees

Avnet’s engagement scores continue to rank among the top performing companies

benchmarked by Towers Watson.

18,000+

The Power and Impact of Engagement

24 June 27, 2015

Avnet delivers value to its customers and suppliers through technical knowledge and industry-centric expertise so they can make the most of opportunities, solve business problems and accelerate their success.

25 June 27, 2015

FY15 Strategic Growth Investments

• Avnet opens CenterPoint value-added IT lifecycle services center in Ohio

• Avnet opens Global Development Center in Shenzhen, China

• Avnet releases first Corporate Social Responsibility (CSR) report

• Avnet opens data center in Nettetal, Germany

• Avnet enhances Board of Directors expertise with addition of two new directors: Avid Modjtabai, senior executive vice president of Wells Fargo & Company and Rodney C. Adkins, president of 3RAM Group LLC

26 June 27, 2015

Addendum

27 June 27, 2015

In addition to disclosing financial results that are determined in accordance with generally accepted accounting principles in the United States (“GAAP”), the Company also discloses in this document certain non-GAAP financial information including adjusted operating income, adjusted operating expenses, adjusted net income and adjusted diluted earnings per share, as well as sales adjusted for the impact of acquisitions and other items (as defined in the Organic Sales section of this document). There are also references to the impact of foreign currency translation in the discussion of the Company’s results of operations. When the U.S. Dollar strengthens and the stronger exchange rates of the current year are used to translate the results of operations of Avnet’s subsidiaries denominated in foreign currencies, the resulting impact is a decrease in U.S. Dollars of reported results. Conversely, when the U.S. Dollar weakens and the weaker exchange rates of the current year are used to translate the results of operations of Avnet’s subsidiaries denominated in foreign currencies, the resulting impact is an increase in U.S. Dollars of reported results. In the discussion of the Company’s results of operations, results excluding this impact are referred to as “excluding the impact of changes in foreign currency exchange rates” or “constant currency.” Management believes organic sales and sales in constant currency are useful measures for evaluating currentperiod performance as compared with prior periods and for understanding underlying trends. In order to determine the translationimpact of changes in foreign currency exchange rates for sales, income or expense items, the Company adjusts the exchange rates used in current periods to be consistent with the exchange rates in effect during prior periods.

Management believes that operating income and operating expenses adjusted for (i) restructuring, integration and other expenses and (ii) amortization of acquired intangible assets and other, is a useful measure to help investors better assess and understand the Company’s operating performance, especially when comparing results with previous periods or forecasting performance for future periods, primarily because management views the excluded items to be outside of Avnet’s normal operating results or non-cash in nature. Management analyzes operating income and operating expenses without the impact of these items as an indicator of ongoingmargin performance and underlying trends in the business. Management also uses these non-GAAP measures to establish operational goals and, in many cases, for measuring performance for compensation purposes.

Additional non-GAAP metrics management uses are adjusted operating income margin, which is defined as adjusted operating income (as defined above) divided by sales and adjusted operating expense to gross profit ratio, which is defined as adjusted operatingexpenses (as defined above) divided by gross profit.

Non-GAAP Financial Information and Reconciliation

28 June 27, 2015

Management believes net income and diluted EPS adjusted for (i) the impact of the items described above, (ii) certain items impacting income tax expense and (iii) the gain on legal settlement and foreign currency loss is useful to investors because it provides ameasure of the Company’s net profitability on a more comparable basis to historical periods and provides a more meaningful basis for forecasting future performance. Additionally, because of management’s focus on generating shareholder value, of which net profitability is a primary driver, management believes net income and diluted EPS excluding the impact of these items provides an important measure of the Company’s net results for the investing public.

Other metrics management monitors in its assessment of business performance include return on working capital (ROWC), return on capital employed (ROCE) and working capital velocity (WC velocity).

• ROWC is defined as annualized adjusted operating income (as defined above) divided by the sum of the monthly average balances of receivables and inventories less accounts payable.

• ROCE is defined as annualized, tax effected adjusted operating income (as defined above) divided by the monthly average balances of interest-bearing debt and equity (including the impact of adjustments to operating income discussed above) less cashand cash equivalents.

• WC velocity is defined as annualized sales divided by the sum of the monthly average balances of receivables and inventories less accounts payable.

Any analysis of results and outlook on a non-GAAP basis should be used as a complement to, and in conjunction with, results presented in accordance with GAAP.

Non-GAAP Financial Information and Reconciliation

29 June 27, 2015

Fiscal Year 2015

OperatingIncome

Income Before Income Taxes Net Income

DilutedEPS

$ in thousands, except per share dataGAAP results $ 827,673 $ 712,965 $ 571,913 $ 4.12

Restructuring, integration and otherexpenses 90,805 90,805 65,897 0.47

Foreign currency loss — 3,737 3,737 0.03

Amortization of intangible assets and other 54,049 54,049 36,643 0.26

Income tax adjustments — — (55,101) (0.39)

Total adjustments 144,854 148,591 51,176 0.37

Adjusted results $ 972,527 $ 861,556 $ 623,089 $ 4.49

Non-GAAP Financial Information and Reconciliation

30 June 27, 2015

ROWC, ROCE and WC VelocityThe following table (in thousands) presents the calculation for ROWC:

(1) See reconciliation to GAAP amounts in the preceding tables in this Non-GAAP Financial Information and Reconciliation section.(2) Adjusted effective tax rate for each quarterly period in a fiscal year is based upon the currently anticipated annual effective

tax rate, excluding the tax effect of the items in the above reconciliation to GAAP amounts in this Non-GAAP Financial Information and Reconciliation section.

Q4 FY15 Q4 FY14Sales $ 6,796,331 $ 7,048,708Sales, annualized (a) $ 27,185,324 $ 28,194,832Adjusted operating income (1) $ 243,814 $ 244,865Adjusted annualized operating income (b) $ 975,256 $ 979,460Adjusted effective tax rate (2) 27.7 % 27.9 %Adjusted annualized operating income, after tax (c) $ 705,305 $ 706,387Average monthly working capital

Accounts receivable $ 4,979,668 $ 5,020,472Inventories $ 2,593,545 $ 2,632,177Accounts payable $ (3,234,283) $ (3,208,300)

Average working capital (d) $ 4,338,930 $ 4,444,349Average monthly total capital (e) $ 5,898,475 $ 6,009,390ROWC = (b) / (d) 22.5 % 22.0 %WC Velocity = (a) / (d) 6.3 6.3ROCE = (c) / (e) 12.0 % 11.8 %

Non-GAAP Financial Information and Reconciliation

31 June 27, 2015

ROWCThe following table (in thousands) presents the calculation for ROWC:

(1) See reconciliation to GAAP amounts in the preceding tables in this Non-GAAP Financial Information section.

Fiscal Year 2015Adjusted operating income (1) (a) $ 972,527Average monthly working capital

Accounts receivable $ 5,109,326Inventories $ 2,667,351Accounts payable $ (3,274,382)

Average working capital (b) $ 4,502,295ROWC = (a) / (b) 21.6 %

Non-GAAP Financial Information and Reconciliation