Industrial & Emerging IndustriesEC SykesMay 31, 2012

Industrial & Emerging Industries (IEI) Key Facts

Key Facts about IEIKey Facts about IEI

Integrated Network Solutions

~45%

Integrated Network Solutions

~45%

Industrial & EmergingIndustries

~15%

Industrial & EmergingIndustries

~15%

High Velocity

Solutions

~30%

High Velocity

Solutions

~30%

High ReliabilitySolutions

~10%

High ReliabilitySolutions

~10%

Flextronics Business Group

FY13E

• Fiscal 2012 Revenue: $4B• Scale: 60 sites• Fiscal 2012 Revenue: $4B• Scale: 60 sites

IEI Markets - FY13EIEI Markets - FY13E

• Scale: 60 sites• Capabilities: 3 design centers, 50+

active programs with increasing scope• Depth: Largest footprint in North

America and Europe with path to low cost

• Customer Base: 300+ customers with 80% with revenue $30M or less

• Industry Ranking: #1

• Scale: 60 sites• Capabilities: 3 design centers, 50+

active programs with increasing scope• Depth: Largest footprint in North

America and Europe with path to low cost

• Customer Base: 300+ customers with 80% with revenue $30M or less

• Industry Ranking: #1

20 Diversified Markets

Highlights FY12

Solid operating margins

$1.2B in new bookings

3 new markets

Solid operating margins

$1.2B in new bookings

3 new markets

Revenue Outlook ($M)Revenue Outlook ($M) Highlights FY12Highlights FY12

$3,107

$3,883 $4,003

10-15%

3 new markets

28 new customers

Expanded design team

New capability investment

3 new markets

28 new customers

Expanded design team

New capability investment

$3,107

FY10 FY11 FY12 FY13E

Consistent Bookings

Historical BookingsHistorical Bookings

$1,400

19%19%

20%20%

FY12 BookingsFY12 Bookings

Appliances & Lifestyle

23%

Equipment & Automation

23%

$500

FY09 FY10 FY11 FY12

14%14% Renewable Energy

17%

SBS

11%

Energy Management

26%

Structural Growth is Strong

Outsourced

Growth

2-3%*

Outsourced

Growth

2-3%*

$250B TAM

6-9% CAGR

5% Outsourced*

$250B TAM

6-9% CAGR

5% Outsourced*

7-10% CAGR7-10% CAGR

Source: IDC, NVR, Inforum, Gfk Group, Pike Research, Dahlman Rose & Co, Freedonia Group ,Frost & Sullivan, *RBC, Flextronics Research

The base business will grow at this rate

How We Will Grow 50% Faster Than Market

Market FocusOrganization and

solutions

Reduce RiskWe are the safe

choice

TAM Expansion

Adjacent Markets LeversWe are the safe

choice

ScaleCreates compelling value propositions

Engineering & Technology

Advanced services

Adjacent Markets Levers

Focused Solutions Drive Higher Growth

Experienced Leaders Delivering Specialized SolutionsExperienced Leaders Delivering Specialized Solutions

Energy Management

Solutions

Appliance & Lifestyle Solutions

SBSRenewable

Energy

Equipment & Automation Solutions

Growing Markets Served

FY09FY09

FY10FY10 11

7

8

FY11FY11

FY12FY12 20

17

Innovation and Penetration into New Markets

2010

1 GW solar site in Malaysia

2011Precision Machining

Extended in Singapore

Kiosk

Software

DevelopmentPainting for

High Gloss

Applications

Large Plate

Machining

Capital

Equipment to

Singapore

Precision

Machining

2007 2008

2009

2010

Scale Creates a Compelling Value Proposition

Materials – Better pricing and flexibility by leveraging Flextronics supplier relationships

Global Footprint - Largest footprint in NA and Europe with a path to low cost

We go to market with the power of a $30B company that

We go to market with the power of a $30B company that

Processes and Tools- Simplifying managing the global business

Top Talent - Access to top supply chain and operational teams at a variable cost

$30B company that enables us to win.$30B company that enables us to win.

Flex is Rewarded for Reducing Risk

Stability

Strong balance sheet

Experienced and proven management teams

Best in Class performance

Proven Product Launch

Launch in any geographical area with optimized operational solutions

Advanced manufacturing services to assist with design, manufacturability, and operational challenges

Global Scale

Architect best in class supply chain solutions to minimize disruptions

Regional to Global footprint managed by mature operational teams

Advanced Engineering and Technology Support

Demonstrated Design Expertise

Projects are increasing in scope

Customer participation is increasing

Expands margins while improving customer competiveness

Demonstrated Design Expertise

Projects are increasing in scope

Customer participation is increasing

Expands margins while improving customer competiveness

Assisting In Mechanical Technologies

Strong precision machining capability in North America

Expanding presence in China, Singapore, and Malaysia

Technology leader in plastics

Launching projects in multiple regions

Introducing new technologies to create differentiated solution

Assisting In Mechanical Technologies

Strong precision machining capability in North America

Expanding presence in China, Singapore, and Malaysia

Technology leader in plastics

Launching projects in multiple regions

Introducing new technologies to create differentiated solution

Moving Forward

10 – 15% IEI Growth

7-10% Market Growth

Diversified customer base grows at market rate

10 – 15% IEI Growth

7-10% Market Growth

Diversified customer base grows at market rate

3-5% Incremental Growth

Expanding TAM

Leveraging the scale of a $30B company

Specialized solutions

Reducing risk

Advanced manufacturing services

3-5% Incremental Growth

Expanding TAM

Leveraging the scale of a $30B company

Specialized solutions

Reducing risk

Advanced manufacturing services

INVESTOR & ANALYST DAY 2012

10 MINUTE BREAK