SECURITIES AND EXCHANGE COMMISSIONd18rn0p25nwr6d.cloudfront.net/CIK-0001385157/406ef1be-ccca-4e7… · Presentation - TE Connectivity Q4 2016 Earnings Call ( November 2, 2016 ) 2

UNITED STATESSECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORTPursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 2, 2016

TE CONNECTIVITY LTD.(Exact Name of Registrant as Specified in its Charter)

Switzerland

98-0518048(Jurisdiction of Incorporation)

(IRS Employer Identification Number)

001-33260

(Commission File Number)

Rheinstrasse 20CH-8200 Schaffhausen

Switzerland(Address of Principal Executive Offices, including Zip Code)

+41 (0)52 633 66 61

(Registrant’s Telephone Number, including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition

On November 2, 2016 , TE Connectivity Ltd. (the “Company”) issued a press release reporting the Company’s fourth quarter and full year results for fiscal 2016. A copy ofthe press release is furnished as Exhibit 99.1 to this report and incorporated by reference in this Item 2.02. Item 7.01. Regulation FD Disclosure

The Company will hold a conference call and webcast on November 2, 2016 (see information in the press release attached hereto as Exhibit 99.1 under “Conference Call andWebcast”). A copy of the slide materials to be discussed at the conference call and webcast is being furnished pursuant to Regulation FD as Exhibit 99.2 and is incorporated hereinby reference, and the slide materials also can be accessed at the “Investors” section of the Company’s website (www.te.com).

Item 9.01. Financial Statements and Exhibits

(d) Exhibits Exhibit No.

Description 99.1

Press release issued November 2, 2016 99.2

Presentation - TE Connectivity Q4 2016 Earnings Call ( November 2, 2016 ) 2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized. TE CONNECTIVITY LTD.(Registrant)

By: /s/ Heath A. Mitts

Heath A. Mitts

Executive Vice President and Chief Financial Officer Date: November 2, 2016

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Exhibit 99.1

TE Connectivity Announces Fourth Quarter and Full Year Results for Fiscal Year 2016

Company Posts Strong Fourth Quarter GAAP EPS and Record Quarterly Adjusted EPS

SCHAFFHAUSEN, Switzerland — November 2, 2016 — TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal fourth quarter and year endedSeptember 30, 2016. Fourth Quarter Highlights

· Net sales were $3.3 billion· Diluted earnings per share (EPS) from continuing operations were $1.22· Adjusted EPS were $1.27, above the high end of the guidance range· Cash flow from continuing operating activities was strong at $782 million and free cash flow was a record for the company at $594 million

Full Year Highlights

· Net sales were $12.2 billion· Diluted EPS from continuing operations (GAAP EPS) were $5.26· Adjusted EPS were $4.08, up 13 percent versus the prior year· Cash flow from continuing operating activities was $2 billion; free cash flow was $1.6 billion· $3.1 billion returned to shareholders through dividends and share repurchases· Strengthened harsh environment portfolio with acquisitions in interventional medical (Creganna), industrial connectors (Intercontec), and automotive

sensors (Jaquet)· Strong performance and momentum in the SubCom business, with $1 billion of backlog

Fourth Quarter Results For the fourth quarter, the company reported net sales of $3.3 billion, with diluted EPS from continuing operations (GAAP EPS) of $1.22. Adjusted EPS were $1.27,cash flow from continuing operating activities was strong at $782 million, and free cash flow was a record for the company at $594 million. Excluding SubCom, totalorders were $3.2 billion and the book-to-bill ratio was 1.03. All metrics include the impact of an additional week in the fourth quarter. “The fourth quarter was a strong finish to a solid year for TE, despite a challenging macro environment,” said TE Connectivity Chairman and CEO Tom Lynch. “Ourperformance was led by strength in several businesses

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including Automotive, Commercial Transportation, SubCom, Aerospace and Defense, and Energy. We continued to build our harsh environment portfolio with theacquisition of Intercontec, which expanded our product range in the industrial equipment market. Our SubCom business continued its momentum by being awarded acontract in October for the Pacific Light Cable Network, a trans-pacific cable installation for Google and Facebook.” Full Year Results For the full year, the company reported net sales of $12.2 billion and diluted EPS from continuing operations (GAAP EPS) of $5.26. Adjusted EPS were $4.08, cashflow from continuing operating activities was $2 billion and free cash flow was $1.6 billion for the year. All metrics include the impact of an additional week in thefourth quarter. “Our strategy to focus on harsh environment applications and our strong execution delivered solid results for the full fiscal year,” said Lynch. “At a segment level,results were driven by excellent performance in our Transportation Solutions segment and a solid second half of the year in our Industrial Solutions andCommunications Solutions segments. We also continued our disciplined capital allocation strategy, returning $3.1 billion to shareholders.” 2017 Outlook For the fiscal first quarter 2017, the company expects net sales of $2.95 billion to $3.05 billion, reflecting an increase of 6 percent on an actual basis and 3 percent onan organic basis year over year at the mid-point. GAAP EPS are expected to be $0.84 to $0.88, including net restructuring, acquisition-related and other charges of$0.14. TE expects adjusted EPS of $0.98 to $1.02 which represents a 19 percent improvement at the mid-point versus the first quarter of 2016. For the full year, the company expects net sales of $12.3 to $12.9 billion, reflecting 5 percent actual and 3 percent organic growth at the mid-point versus the prioryear, excluding the additional week in fiscal year 2016. GAAP EPS are expected to be $3.84 to $4.14, including net restructuring, acquisition-related and othercharges of $0.35. TE expects adjusted EPS of $4.19 to $4.49, reflecting 10 percent growth at the mid-point compared to 2016, when excluding the additional week.

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“These are exciting times for TE, and we have never been better positioned to capitalize on the strong underlying trends of a safer, greener, smarter and moreconnected world,” said Lynch. “We expect a good start to fiscal 2017 due to strong order momentum in the fourth quarter of 2016. Our guidance for 2017 implies 5percent growth in sales, and another year of double-digit improvement in adjusted EPS.” Information about TE Connectivity’s use of non-GAAP financial measures is provided below. For a reconciliation of these non-GAAP financial measures, see theattached tables. Chief Executive Officer Transition On October 3, 2016, the company announced that its Board of Directors appointed Terrence Curtin to succeed Tom Lynch as the company’s chief executive officer,effective March 9, 2017. Upon completion of the transition, Lynch will continue as executive chairman of the board. Conference Call and Webcast The company will hold a conference call today beginning at 8:30 a.m. ET. The dial-in information is provided here:

· At TE Connectivity’s website: http://investors.te.com.· By telephone: For both “listen-only” participants and those participants who wish to take part in the question-and-answer portion of the call, the dial-in

number in the United States is (800) 230-1059, and for international callers, the dial-in number is (612) 332-0107.· An audio replay of the conference call will be available beginning at 10:30 a.m. ET on November 2, 2016, and ending at 11:59 p.m. ET on November 9,

2016. The dial-in number for participants in the United States is (800) 475-6701. For participants outside the United States, the dial-in number is (320) 365-3844. The replay access code for all callers is 403245.

About TE Connectivity TE Connectivity (NYSE: TEL) is a $12 billion global technology leader. Our connectivity and sensor solutions are essential in today’s increasingly connected world.We collaborate with engineers to transform their concepts into creations — redefining what’s possible using intelligent, efficient and high-performing TE productsand solutions proven in harsh environments. Our 75,000 people, including over 7,000 engineers, partner with customers in close to 150 countries across a wide rangeof industries. We believe EVERY CONNECTION COUNTS — www.TE.com.

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Non-GAAP Measures “Organic Net Sales Growth,” “Organic Net Sales Growth Excluding the Impact of the Additional Week,” “Net Sales Excluding the Impact of the Additional Week,”“Net Sales Growth Excluding the Impact of the Additional Week,” “Adjusted Operating Income,” “Adjusted Operating Income Excluding the Impact of theAdditional Week,” “Adjusted Operating Margin Excluding the Impact of the Additional Week,” “Adjusted Operating Margin,” “Adjusted Other Income, Net,”“Adjusted Income Tax Expense,” “Adjusted Income from Continuing Operations,” “Adjusted Earnings Per Share,” “Adjusted Earnings Per Share Excluding theImpact of the Additional Week,” and “Free Cash Flow” are non-GAAP measures and should not be considered replacements for results in accordance withaccounting principles generally accepted in the U.S. (“GAAP”). These non-GAAP measures may not be comparable to similarly-titled measures reported by othercompanies. The primary limitation of these measures is that they exclude the financial impact of items that would otherwise either increase or decrease our reportedresults. This limitation is best addressed by using these non-GAAP measures in combination with the most directly comparable GAAP measures in order to betterunderstand the amounts, character and impact of any increase or decrease in reported amounts. The following provides additional information regarding these non-GAAP measures:

· Organic Net Sales Growth — is a useful measure of our underlying results and trends in the business. It is also a significant component in our incentivecompensation plans. The difference between reported net sales growth (the most comparable GAAP measure) and Organic Net Sales Growth consists of theimpact from foreign currency exchange rates and acquisitions and divestitures, if any. Organic Net Sales Growth is a useful measure of our performancebecause it excludes items that: i) are not completely under management’s control, such as the impact of changes in foreign currency exchange rates; or ii) donot reflect the underlying growth of the company, such as acquisition and divestiture activity.

· Organic Net Sales Growth Excluding the Impact of the Additional Week, Net Sales Excluding the Impact of the Additional Week, and Net Sales Growth

Excluding the Impact of the Additional Week — represent Organic Net Sales Growth, net sales (the most comparable GAAP measure), and net sales growth(the most comparable GAAP measure), respectively, excluding the impact of the additional week in the fourth quarter of the fiscal year for fiscal yearswhich are 53 weeks in length. The impact of the additional week was estimated using an average weekly sales figure for the last month of the fiscal year. Webelieve these measures are useful to investors because they provide insight into our underlying operating results, trends, and the comparability of theseresults between periods.

· Adjusted Operating Income — represents operating income (the most comparable GAAP measure) before special items including charges or income related

to restructuring and other charges, acquisition related charges, impairment charges, and other income or charges, if any. We utilize Adjusted OperatingIncome to assess segment level core operating performance and to provide insight to management in evaluating segment operating plan execution andunderlying market conditions. It also is a significant component in our incentive compensation plans. Adjusted Operating Income is useful to investorsbecause it provides insight into our underlying operating results, trends, and the comparability of these results between periods.

· Adjusted Operating Income Excluding the Impact of the Additional Week and Adjusted Operating Margin Excluding the Impact of the Additional Week —

represents Adjusted Operating Income and Adjusted Operating Margin, respectively, excluding the impact of the additional week in the fourth quarter of thefiscal year for fiscal years which are 53 weeks in length. We believe these measures are useful to investors because they provide insight into our underlyingoperating results, trends, and the comparability of these results between periods.

· Adjusted Operating Margin — represents operating margin (the most comparable GAAP measure) before

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special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, and other income orcharges, if any. We present Adjusted Operating Margin before special items to give investors a perspective on the underlying business results. This measureshould be considered in conjunction with operating margin calculated using our GAAP results in order to understand the amounts, character and impact ofadjustments to operating margin.

· Adjusted Other Income, Net — represents other income, net (the most comparable GAAP measure) before special items including tax sharing incomerelated to certain proposed adjustments to prior period tax returns and other tax items, if any. We present Adjusted Other Income, Net as we believe that it isappropriate for investors to consider results excluding these items in addition to results in accordance with GAAP.

· Adjusted Income Tax Expense — represents income tax expense (the most comparable GAAP measure) after adjusting for the tax effect of special items

including charges related to restructuring and other charges, acquisition related charges, impairment charges, other income or charges, and certain significantspecial tax items, if any. We present Adjusted Income Tax Expense to provide investors further information regarding the tax effects of adjustments used indetermining the non-GAAP financial measure Adjusted Income from Continuing Operations (as defined below).

· Adjusted Income from Continuing Operations — represents income from continuing operations (the most comparable GAAP measure) before special items

including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, tax sharing income related to certainproposed adjustments to prior period tax returns and other tax items, certain significant special tax items, other income or charges, if any, and, if applicable,the related tax effects. We present Adjusted Income from Continuing Operations as we believe that it is appropriate for investors to consider resultsexcluding these items in addition to results in accordance with GAAP. Adjusted Income from Continuing Operations provides additional informationregarding our underlying operating results, trends and the comparability of these results between periods.

· Adjusted Earnings Per Share — represents diluted earnings per share from continuing operations (the most comparable GAAP measure) before special

items, including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, tax sharing income related tocertain proposed adjustments to prior period tax returns and other tax items, certain significant special tax items, other income or charges, if any, and, ifapplicable, the related tax effects. We present Adjusted Earnings Per Share because we believe that it is appropriate for investors to consider resultsexcluding these items in addition to results in accordance with GAAP. We believe such a measure provides insight into our underlying operating results,trends, and the comparability of these results between periods, since it excludes the impact of special items, which may recur, but tend to be irregular as totiming. It also is a significant component in our incentive compensation plans.

· Adjusted Earnings Per Share Excluding the Impact of the Additional Week — represents Adjusted Earnings Per Share excluding the impact of the

additional week in the fourth quarter of the fiscal year for fiscal years which are 53 weeks in length. We believe Adjusted Earnings Per Share Excluding theImpact of the Additional Week is useful to investors because it provides insight into our underlying operating results, trends, and the comparability of theseresults between periods.

· Free Cash Flow (FCF) — is a useful measure of our ability to generate cash. The difference between net cash provided by continuing operating activities

(the most comparable GAAP measure) and Free Cash Flow consists mainly of significant cash outflows and inflows that we believe are useful to identify.We believe Free Cash Flow provides useful information to investors as it provides insight into the primary cash flow metric used by management to monitorand evaluate cash flows generated from our operations.

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Free Cash Flow is defined as net cash provided by continuing operating activities excluding voluntary pension contributions and the cash impact of specialitems, if any, minus net capital expenditures. Voluntary pension contributions are excluded from the GAAP measure because this activity is driven byeconomic financing decisions rather than operating activity. Certain special items, including net payments related to pre-separation tax matters, are alsoexcluded by management in evaluating Free Cash Flow. Net capital expenditures consist of capital expenditures less proceeds from the sale of property,plant, and equipment. These items are subtracted because they represent long-term commitments. In the calculation of Free Cash Flow, we subtract certain cash items that are ultimately within management’s and the Board of Directors’ discretion to directand may imply that there is less or more cash available for our programs than the most comparable GAAP measure indicates. It should not be inferred thatthe entire Free Cash Flow amount is available for future discretionary expenditures, as our definition of Free Cash Flow does not consider certain non-discretionary expenditures, such as debt payments. In addition, we may have other discretionary expenditures, such as discretionary dividends, sharerepurchases, and business acquisitions that are not considered in the calculation of Free Cash Flow.

Forward-Looking Statements This release contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements arebased on management’s current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance,financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements. All statements contained hereinthat are not clearly historical in nature are forward-looking and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generallyintended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention orobligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. Theforward-looking statements in this presentation include statements addressing our future financial condition and operating results. Examples of factors that couldcause actual results to differ materially from those described in the forward-looking statements include, among others, business, economic, competitive and regulatoryrisks, such as conditions affecting demand for products, particularly in the automotive and data and devices industries; competition and pricing pressure; fluctuationsin foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate;developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations; and the possibleeffects on us of changes in tax laws, tax treaties and other legislation. More detailed information about these and other factors is set forth in TE Connectivity Ltd.’sAnnual Report on Form 10-K for the fiscal year ended Sept. 25, 2015 as well as in our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and otherreports filed by us with the U.S. Securities and Exchange Commission.

# # # 6

Contacts: Media Relations :

B.J. TalleyTE [email protected]

Investor Relations :Sujal ShahTE [email protected]

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TE CONNECTIVITY LTD.

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

For the Quarters Ended

For the Years Ended

September 30,

September 25,

September 30,

September 25,

2016

2015

2016

2015

(in millions, except per share data)

Net sales

$ 3,332

$ 2,984

$ 12,238

$ 12,233

Cost of sales

2,228

2,016

8,205

8,146

Gross margin

1,104

968

4,033

4,087

Selling, general, and administrative expenses

389

334

1,463

1,504

Research, development, and engineering expenses

165

148

644

627

Acquisition and integration costs

3

9

22

55

Restructuring and other charges, net

30

70

2

152

Operating income

517

407

1,902

1,749

Interest income

7

4

19

17

Interest expense

(34) (32) (127) (136)Other income (expense), net

(1) 9

(632) (55)Income from continuing operations before income taxes

489

388

1,162

1,575

Income tax (expense) benefit

(52) (252) 779

(337)Income from continuing operations

437

136

1,941

1,238

Income from discontinued operations, net of income taxes

—

904

68

1,182

Net income

$ 437

$ 1,040

$ 2,009

$ 2,420

Basic earnings per share:

Income from continuing operations

$ 1.23

$ 0.34

$ 5.30

$ 3.06

Income from discontinued operations

—

2.26

0.19

2.92

Net income

1.23

2.60

5.49

5.98

Diluted earnings per share:

Income from continuing operations

$ 1.22

$ 0.34

$ 5.26

$ 3.01

Income from discontinued operations

—

2.23

0.18

2.88

Net income

1.22

2.57

5.44

5.89

Dividends paid per common share

$ 0.37

$ 0.33

$ 1.40

$ 1.24

Weighted-average number of shares outstanding:

Basic

355

400

366

405

Diluted

359

405

369

411


CONSOLIDATED BALANCE SHEETS (UNAUDITED)

September 30,

September 25,

2016

2015

(in millions, except share data)

Assets

Current assets:

Cash and cash equivalents

$ 647

$ 3,329

Accounts receivable, net of allowance for doubtful accounts of $17 and $18, respectively

2,046

2,120

Inventories

1,596

1,615

Prepaid expenses and other current assets

486

476

Deferred income taxes

—

345

Total current assets

4,775

7,885

Property, plant, and equipment, net

3,052

2,920

Goodwill

5,532

4,824

Intangible assets, net

1,879

1,555


2,071

2,144

Receivable from Tyco International plc and Covidien plc

12

964

Other assets

287

297

Total Assets

$ 17,608

$ 20,589

Liabilities and Shareholders’ Equity

Current liabilities:

Short-term debt

$ 331

$ 498

Accounts payable

1,090

1,143

Accrued and other current liabilities

1,437

1,749

Deferred revenue

208

185

Total current liabilities

3,066

3,575

Long-term debt

3,739

3,386

Long-term pension and postretirement liabilities

1,502

1,327


207

329

Income taxes

247

1,954

Other liabilities

362

433

Total Liabilities

9,123

11,004

Commitments and contingencies

Shareholders’ Equity:

Common shares, CHF 0.57 par value, 382,835,381 shares authorized and issued, and 414,064,381 sharesauthorized and issued, respectively

168

182

Contributed surplus

1,801

4,359

Accumulated earnings

8,682

6,673

Treasury shares, at cost, 27,554,005 and 20,071,089 shares, respectively

(1,624) (1,256)Accumulated other comprehensive loss

(542) (373)Total Shareholders’ Equity

8,485

9,585

Total Liabilities and Shareholders’ Equity

$ 17,608

$ 20,589


CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)


For the Years Ended

September 30,

September 25,

September 30,

September 25,

2016

2015

2016

2015

(in millions)

Cash Flows From Operating Activities:

Net income

$ 437

$ 1,040

$ 2,009

$ 2,420

Income from discontinued operations, net of income taxes

—

(904) (68) (1,182)Income from continuing operations

437

136

1,941

1,238

Adjustments to reconcile income from continuing operations tonet cash provided by operating activities:

Depreciation and amortization

147

161

585

616

Non-cash restructuring charges

28

6

41

21


16

146

178

40

Provision for losses on accounts receivable and inventories

(10) 1

17

36

Tax sharing (income) expense

—

(10) 632

52

Share-based compensation expense

25

24

91

89

Gain on divestiture

(1) —

(144) —

Other

(10) 46

61

105

Changes in assets and liabilities, net of the effects ofacquisitions and divestitures:

Accounts receivable, net

101

(85) 116

(210)Inventories

18

(2) 16

(220)Prepaid expenses and other current assets

(20) 1

282

36

Accounts payable

(71) 7

(100) (22)Accrued and other current liabilities

64

51

(4) (155)Deferred revenue

48

8

26

12

Income taxes

(29) 38

(1,764) (52)Other

39

12

45

33

Net cash provided by continuing operating activities

782

540

2,019

1,619

Net cash provided by (used in) discontinued operatingactivities

(98) 84

(97) 294

Net cash provided by operating activities

684

624

1,922

1,913

Cash Flows From Investing Activities:

Capital expenditures

(208) (175) (628) (600)Proceeds from sale of property, plant, and equipment

5

7

8

17

Acquistion of businesses, net of cash acquired

(342) 1

(1,336) (1,725)Proceeds from divestiture of business, net of cash retained by soldbusiness

7

—

333

—

Proceeds from sale of discontinued operations, net of cashretained by sold operations

—

2,957

(19) 2,957

Other

14

14

61

12

Net cash provided by (used in) continuing investingactivities

(524) 2,804

(1,581) 661

Net cash used in discontinued investing activities

—

(3) —

(25)Net cash provided by (used in) investing activities

(524) 2,801

(1,581) 636

Cash Flows From Financing Activities:

Net increase (decrease) in commercial paper

30

(131) 330

(328)Proceeds from issuance of debt

2

—

352

617

Repayment of debt

(1) —

(501) (473)Proceeds from exercise of share options

13

6

90

103

Repurchase of common shares

(130) (512) (2,787) (1,023)Payment of common share dividends to shareholders

(132) (132) (509) (502)Transfer (to) from discontinued operations

(98) 81

(97) 269

Other

—

2

(5) —

Net cash used in continuing financing activities

(316) (686) (3,127) (1,337)Net cash provided by (used in) discontinued financingactivities

98

(81) 97

(269)Net cash used in financing activities

(218) (767) (3,030) (1,606)Effect of currency translation on cash

11

(30) 7

(71)Net increase (decrease) in cash and cash equivalents

(47) 2,628

(2,682) 872

Cash and cash equivalents at beginning of period

694

701

3,329

2,457

Cash and cash equivalents at end of period

$ 647

$ 3,329

$ 647

$ 3,329

Supplemental Cash Flow Information:

Interest paid

$ 15

$ 18

$ 117

$ 128

Income taxes paid, net of refunds

64

69

806

350


RECONCILIATION OF FREE CASH FLOW (UNAUDITED)


For the Years Ended

September 30,

September 25,

September 30,

September 25,

2016

2015

2016

2015

(in millions)

Net cash provided by continuing operating activities

$ 782

$ 540

$ 2,019

$ 1,619

Excluding:

Payments related to pre-separation U.S. tax matters, net

5

17

150

40

Payments related to income taxes on the sale of the

Broadband Network Solutions business

10

—

36

—

Capital expenditures, net

(203) (168) (620) (583)Free cash flow (1)

$ 594

$ 389

$ 1,585

$ 1,076

(1) Free cash flow is a non-GAAP measure. See description of non-GAAP measures contained in this release.


CONSOLIDATED SEGMENT DATA (UNAUDITED)


For the Years Ended

September 30,

September 25,

September 30,

September 25,

2016

2015

2016

2015

($ in millions)

Net Sales

Net Sales

Net Sales

Net Sales

Transportation Solutions

$ 1,736

$ 1,508

$ 6,503

$ 6,351

Industrial Solutions

919

792

3,215

3,179

Communications Solutions

677

684

2,520

2,703

Total

$ 3,332

$ 2,984

$ 12,238

$ 12,233

Operating

Operating

Operating

Operating

Operating

Operating

Operating

Operating

Income

Margin

Income

Margin

Income

Margin

Income

Margin


$ 344

19.8% $ 272

18.0% $ 1,191

18.3% $ 1,193

18.8%Industrial Solutions

119

12.9

84

10.6

343

10.7

352

11.1


54

8.0

51

7.5

368

14.6

204

7.5

Total

$ 517

15.5% $ 407

13.6% $ 1,902

15.5% $ 1,749

14.3%

Adjusted

Adjusted

Adjusted

Adjusted

Adjusted

Adjusted

Adjusted

Adjusted

Operating

Operating

Operating

Operating

Operating

Operating

Operating

Operating

Income (1)

Margin (1)

Income (1)

Margin (1)

Income (1)

Margin (1)

Income (1)

Margin (1)


$ 341

19.6% $ 306

20.3% $ 1,246

19.2% $ 1,293

20.4%Industrial Solutions

123

13.4

110

13.9

397

12.3

429

13.5


87

12.9

72

10.5

293

11.6

270

10.0

Total

$ 551

16.5% $ 488

16.4% $ 1,936

15.8% $ 1,992

16.3%

(1) Adjusted operating income and adjusted operating margin are non-GAAP measures. See description of non-GAAP measures contained in this release.


RECONCILIATION OF NET SALES GROWTH (UNAUDITED)

Percentage of

Change in Net Sales for the Quarter Ended September 30, 2016

Segment’s Total

versus Net Sales for the Quarter Ended September 25, 2015

Net Sales for the

Acquisitions

Quarter Ended

Total

Translation (1)

(Divestiture)

Organic (2)

September 30, 2016

($ in millions)

Transportation Solutions (3):

Automotive

$ 183

16.2% $ 11

$ —

$ 172

15.3% 76%Commercial Transportation

25

13.2

3

—

22

12.1

12

Sensors

20

10.5

(2) 14

8

4.2

12

Total

228

15.1

12

14

202

13.4

100%Industrial Solutions (3):

Industrial Equipment

84

24.5

2

79

3

0.7

46%Aerospace, Defense, Oil, and Gas

23

8.3

—

1

22

8.0

33

Energy

20

11.6

(3) —

23

13.4

21

Total

127

16.0

(1) 80

48

6.0

100%Communications Solutions (3):

Data and Devices

(61) (18.9) —

(47) (14) (5.8) 39%Subsea Communications

37

18.3

—

—

37

18.3

35

Appliances

17

10.7

—

—

17

10.4

26

Total

(7) (1.0) —

(47) 40

5.9

100%Total

$ 348

11.7% $ 11

$ 47

$ 290

9.8%

Percentage of

Change in Net Sales for the Year Ended September 30, 2016

Segment’s Total

versus Net Sales for the Year Ended September 25, 2015

Net Sales for the

Acquisitions

Year Ended

Total

Translation (1)

(Divestiture)

Organic (2)

September 30, 2016

($ in millions)

Transportation Solutions (3):

Automotive

$ 132

2.8% $ (134) $ —

$ 266

5.6% 75%Commercial Transportation

5

0.6

(16) —

21

2.6

13

Sensors

15

2.0

(24) 16

23

3.1

12

Total

152

2.4

(174) 16

310

4.9

100%Industrial Solutions (3):


96

7.3

(14) 179

(69) (5.2) 44%Aerospace, Defense, Oil, and Gas

(51) (4.4) (15) 9

(45) (3.8) 34

Energy

(9) (1.3) (34) —

25

3.6

22

Total

36

1.1

(63) 188

(89) (2.8) 100%Communications Solutions (3):

Data and Devices

(337) (24.8) (6) (123) (208) (17.8) 40%Subsea Communications

176

24.8

—

—

176

24.8

35

Appliances

(22) (3.5) (11) —

(11) (1.8) 25

Total

(183) (6.8) (17) (123) (43) (1.6) 100%Total

$ 5

—% $ (254) $ 81

$ 178

1.5%

(1) Represents the change in net sales resulting from changes in foreign currency exchange rates.(2) Represents the change in net sales resulting from volume and price changes, before consideration of acquisitions, divestitures, and the impact of changes inforeign currency exchange rates. Organic net sales growth is a non-GAAP measure. See description of non-GAAP measures contained in this release.(3) Industry end market information is presented consistently with our internal management reporting and may be periodically revised as management deemsnecessary.


RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURESFor the Quarter Ended September 30, 2016

(UNAUDITED)

Adjustments

Restructuring

Acquisition

and Other

Related

Charges

Adjusted

U.S. GAAP

Charges (1)(2)

(Credits), Net (2)

(Non-GAAP) (3)

($ in millions, except per share data)

Operating Income:


$ 344

$ 3

$ (6) $ 341


119

1

3

123


54

—

33

87

Total

$ 517

$ 4

$ 30

$ 551

Operating Margin

15.5%

16.5% Other Expense, Net

$ (1) $ —

$ —

$ (1) Income Tax Expense

$ (52) $ (1) $ (15) $ (68) Income from Continuing Operations

$ 437

$ 3

$ 15

$ 455

Diluted Earnings per Share from Continuing Operations

$ 1.22

$ 0.01

$ 0.04

$ 1.27

(1) Includes $3 million of acquisition and integration costs and $1 million of non-cash amortization associated with fair value adjustments related to acquiredcustomer order backlog recorded in cost of sales.(2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for eachsuch jurisdiction.(3) See description of non-GAAP measures contained in this release.


RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURESFor the Quarter Ended September 25, 2015

(UNAUDITED)

Adjustments

Acquisition

Restructuring

Related

and Other

Tax

Adjusted

U.S. GAAP

Charges (1)(2)

Charges, Net (2)

Items (3)

(Non-GAAP) (4)


Operating Income:


$ 272

$ 5

$ 29

$ —

$ 306


84

6

20

—

110


51

—

21

—

72

Total

$ 407

$ 11

$ 70

$ —

$ 488

Operating Margin

13.6%

16.4% Other Income, Net

$ 9

$ —

$ —

$ (5) $ 4

Income Tax Expense

$ (252) $ 1

$ (17) $ 168

$ (100) Income from Continuing Operations

$ 136

$ 12

$ 53

$ 163

$ 364

Diluted Earnings per Share from ContinuingOperations

$ 0.34

$ 0.03

$ 0.13

$ 0.40

$ 0.90

(1) Includes $9 million of acquisition and integration costs and $2 million of non-cash amortization associated with fair value adjustments related to acquiredinventories and customer order backlog recorded in cost of sales.(2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for eachsuch jurisdiction.(3) Includes $216 million of income tax charges associated with the tax impacts of certain intercompany legal entity restructurings made in connection with ourintegration of Measurement Specialties, Inc. Also includes $63 million of income tax benefits associated with the settlement of audits of prior year income taxreturns.(4) See description of non-GAAP measures contained in this release.


RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURESFor the Year Ended September 30, 2016

(UNAUDITED)

Adjustments

Restructuring

Acquisition

and Other

U.S. GAAP

Related Charges (1)(2)

Charges (Credits), Net (2)

Tax Items (3)

Adjusted (Non-GAAP) (4)


Operating Income:


$ 1,191

$ 9

$ 46

$ —

$ 1,246


343

23

31

—

397


368

—

(75) —

293

Total

$ 1,902

$ 32

$ 2

$ —

$ 1,936

Operating Margin

15.5%

15.8% Other Income (Expense), Net

$ (632) $ —

$ —

$ 650

$ 18

Income Tax (Expense) Benefit

$ 779

$ (7) $ (2) $ (1,111) $ (341) Income from Continuing Operations

$ 1,941

$ 25

$ —

$ (461) $ 1,505


$ 5.26

$ 0.07

$ —

$ (1.25) $ 4.08

(1) Includes $22 million of acquisition and integration costs and $10 million of non-cash amortization associated with fair value adjustments related to acquiredinventories and customer order backlog recorded in cost of sales.(2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for eachsuch jurisdiction.(3)Includes $1,135 million of income tax benefits associated with the settlement of tax matters for the years 1997 through 2000 which resolved all aspects of thedisputed debt matter with the IRS through the year 2007, as well as the related impact of $604 million to other expense pursuant to the tax sharing agreement withTyco International and Covidien. Also includes income tax charges related to a $91 million increase in the valuation allowance for certain U.S. deferred tax assets;and an $83 million net income tax benefit related to tax settlements in certain other tax jurisdictions, as well as the related impact of $46 million to other expensepursuant to the tax sharing agreement with Tyco International and Covidien.(4) See description of non-GAAP measures contained in this release.


RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURESFor the Year Ended September 25, 2015

(UNAUDITED)

Adjustments

Acquisition

Restructuring

Related

and Other

Tax

Adjusted

U.S. GAAP

Charges (1)(2)

Charges, Net (2)

Items (3)

(Non-GAAP) (4)


Operating Income:


$ 1,193

$ 61

$ 39

$ —

$ 1,293


352

33

44

—

429


204

—

66

—

270

Total

$ 1,749

$ 94

$ 149

$ —

$ 1,992

Operating Margin

14.3%

16.3% Other Income (Expense), Net

$ (55) $ —

$ —

$ 84

$ 29

Income Tax Expense

$ (337) $ (22) $ (29) $ (36) $ (424) Income from Continuing Operations

$ 1,238

$ 72

$ 120

$ 48

$ 1,478


$ 3.01

$ 0.18

$ 0.29

$ 0.12

$ 3.60

(1) Includes $55 million of acquisition and integration costs, $36 million of non-cash amortization associated with fair value adjustments related to acquiredinventories and customer order backlog recorded in cost of sales, and $3 million of restructuring costs.(2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for eachsuch jurisdiction.(3) Includes $264 million of income tax benefits associated with the settlement of audits of prior year income tax returns as well as the related impact of $84 millionto other expense pursuant to the tax sharing agreement with Tyco International and Covidien. Also includes $216 million of income tax charges associated with thetax impacts of certain intercompany legal entity restructurings made in connection with our integration of Measurement Specialties, Inc. and $29 million of incometax charges for the tax impacts of certain intercompany dividends related to the restructuring and sale of the Broadband Network Solutions business.(4) See description of non-GAAP measures contained in this release.


RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURESFor the Quarter Ended December 25, 2015

(UNAUDITED)

Adjustments

Acquisition

Restructuring

Related

and Other

Tax

Adjusted

U.S. GAAP

Charges (1)(2)

Charges, Net (2)

Items (3)

(Non-GAAP) (4)


Operating Income:


$ 261

$ 3

$ 16

$ —

$ 280


66

3

9

—

78


71

—

15

—

86

Total

$ 398

$ 6

$ 40

$ —

$ 444

Operating Margin

14.0%

15.7% Other Income, Net

$ 8

$ —

$ —

$ —

$ 8

Income Tax Expense

$ (58) $ (2) $ (12) $ (28) $ (100) Income from Continuing Operations

$ 324

$ 4

$ 28

$ (28) $ 328


$ 0.83

$ 0.01

$ 0.07

$ (0.07) $ 0.84

(1) Includes $5 million of acquisition and integration costs and $1 million of non-cash amortization associated with fair value adjustments related to acquiredinventories and customer order backlog recorded in cost of sales.(2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for eachsuch jurisdiction.(3) Income tax benefits related to deferred tax assets recognized in connection with the anticipated sale of the Circuit Protection Devices business.(4) See description of non-GAAP measures contained in this release.


IMPACT OF ADDITIONAL WEEK (UNAUDITED)For the Quarter Ended September 30, 2016

For the Quarter Ended September 30, 2016

For the

Change in Net Sales for the Quarter EndedSeptember 30, 2016 versus Net Sales for the

Quarter Ended September 25, 2015

Change in Organic Net Sales for the Quarter EndedSeptember 30, 2016 versus Organic Net Sales for the

Quarter Ended September 25, 2015(2)

Adjustment

Quarter Ended

Adjustment

Adjustment

14 Weeks

Impact of

13 Weeks

September 25,

14 Weeks

Impact of

13 Weeks

14 Weeks

Impact of

13 Weeks

U.S. GAAP

14th Week

(Non-GAAP) (1)(2)

2015

U.S. GAAP

14th Week

(Non-GAAP) (1)(2)

(Non-GAAP) (2)

14th Week

(Non-GAAP) (1)(2)

($ in millions)

Net Sales:

TransportationSolutions

Automotive

$ 1,311

$ (102)$ 1,209

$ 1,128

16.2% (9.0)% 7.2% 15.3% (9.0)% 6.3%CommercialTransportation

215

(15) 200

190

13.2

(7.9) 5.3

12.1

(7.9) 4.2

Sensors

210

(13) 197

190

10.5

(6.8) 3.7

4.2

(6.5) (2.3)Total

1,736

(130) 1,606

1,508

15.1

(8.6) 6.5

13.4

(8.5) 4.9


IndustrialEquipment

427

(32) 395

343

24.5

(9.3) 15.2

0.7

(7.8) (7.1)Aerospace,Defense, Oil,and Gas

299

(20) 279

276

8.3

(7.2) 1.1

8.0

(7.1) 0.9

Energy

193

(13) 180

173

11.6

(7.6) 4.0

13.4

(7.6) 5.8

Total

919

(65) 854

792

16.0

(8.2) 7.8

6.0

(7.5) (1.5)CommunicationsSolutions

Data and Devices

262

(21) 241

323

(18.9) (6.5) (25.4) (5.8) (7.5) (13.3)SubseaCommunications

239

(11) 228

202

18.3

(5.4) 12.9

18.3

(5.2) 13.1

Appliances

176

(11) 165

159

10.7

(6.9) 3.8

10.4

(7.4) 3.0

Total

677

(43) 634

684

(1.0) (6.3) (7.3) 5.9

(6.8) (0.9)Total

$ 3,332

$ (238)$ 3,094

$ 2,984

11.7% (8.0)% 3.7% 9.8% (7.9)% 1.9%

Adjustments

Acquisition

Restructuring

Adjustment

Related

and Other

14 Weeks

Impact of

13 Weeks

U.S. GAAP

Charges (3)

Charges, Net

(Non-GAAP) (2)

14th Week

(Non-GAAP) (1)(2)


Operating Income

$ 517

$ 4

$ 30

$ 551

$ (55) $ 496

Operating Margin

15.5%

16.5%

16.0% Diluted Earnings per Sharefrom ContinuingOperations

$ 1.22

$ 0.01

$ 0.04

$ 1.27

$ (0.13) $ 1.14

(1) Excludes the impact of an additional week in the fourth quarter of fiscal 2016. The impact of the additional week was estimated using an average weekly salesfigure for the last month of the fiscal year.(2) See description of non-GAAP measures contained in this release.(3) Includes $3 million of acquisition and integration costs and $1 million of non-cash amortization associated with fair value adjustments related to acquiredcustomer order backlog recorded in cost of sales.


IMPACT OF ADDITIONAL WEEK (UNAUDITED)For the Year Ended September 30, 2016

Fiscal 2016

Change in Net Sales for Fiscal 2016 versus Net Sales for Fiscal 2015

Change in Organic Net Sales for Fiscal 2016 versus Organic Net Sales for Fiscal 2015 (2)

Adjustment

Adjustment

Adjustment

53 Weeks

Impact of

52 Weeks

53 Weeks

Impact of

52 Weeks

53 Weeks

Impact of

52 Weeks

U.S. GAAP

53rd Week

(Non-GAAP) (1)(2)

Fiscal 2015

U.S. GAAP

53rd Week

(Non-GAAP) (1)(2)

(Non-GAAP) (2)

53rd Week

(Non-GAAP) (1)(2)

($ in millions)

Net Sales:


Automotive

$ 4,912

$ (102) $ 4,810

$ 4,780

2.8% (2.2)% 0.6% 5.6% (2.2)% 3.4%Commercial Transportation

825

(15) 810

820

0.6

(1.8) (1.2) 2.6

(1.8) 0.8

Sensors

766

(13) 753

751

2.0

(1.7) 0.3

3.1

(1.7) 1.4

Total

6,503

(130) 6,373

6,351

2.4

(2.1) 0.3

4.9

(2.1) 2.8



1,419

(32) 1,387

1,323

7.3

(2.5) 4.8

(5.2) (2.1) (7.3)Aerospace, Defense, Oil, and

Gas

1,100

(20) 1,080

1,151

(4.4) (1.8) (6.2) (3.8) (1.7) (5.5)Energy

696

(13) 683

705

(1.3) (1.8) (3.1) 3.6

(1.9) 1.7

Total

3,215

(65) 3,150

3,179

1.1

(2.0) (0.9) (2.8) (1.9) (4.7)Communications Solutions

Data and Devices

1,020

(21) 999

1,357

(24.8) (1.6) (26.4) (17.8) (1.7) (19.5)Subsea Communications

885

(11) 874

709

24.8

(1.5) 23.3

24.8

(1.3) 23.5

Appliances

615

(11) 604

637

(3.5) (1.7) (5.2) (1.8) (1.9) (3.7)Total

2,520

(43) 2,477

2,703

(6.8) (1.6) (8.4) (1.6) (1.7) (3.3)Total

$ 12,238

$ (238) $ 12,000

$ 12,233

—% (1.9)% (1.9)% 1.5% (2.0)% (0.5)%

Adjustments

Acquisition

Restructuring

Adjustment

Related

and Other

53 Weeks

Impact of

52 Weeks

U.S. GAAP

Charges (3)

Charges, Net

Tax Items (4)

(Non-GAAP) (2)

53rd Week

(Non-GAAP) (1)(2)


Operating Income

$ 1,902

$ 32

$ 2

$ —

$ 1,936

$ (55) $ 1,881

Operating Margin

15.5%

15.8%

15.7% Diluted Earnings per

Share fromContinuingOperations

$ 5.26

$ 0.07

$ —

$ (1.25) $ 4.08

$ (0.13) $ 3.95

(1) Excludes the impact of an additional week in the fourth quarter of fiscal 2016. The impact of the additional week was estimated using an average weekly sales figure for the last month of thefiscal year.(2) See description of non-GAAP measures contained in this release.(3) Includes $22 million of acquisition and integration costs and $10 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer orderbacklog recorded in cost of sales.(4)Includes $1,135 million of income tax benefits associated with the settlement of tax matters for the years 1997 through 2000 which resolved all aspects of the disputed debt matter with the IRSthrough the year 2007, as well as the related impact of $604 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. Also includes income tax chargesrelated to a $91 million increase in the valuation allowance for certain U.S. deferred tax assets; and an $83 million net income tax benefit related to tax settlements in certain other tax jurisdictions,as well as the related impact of $46 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien.


RECONCILIATION OF FORWARD-LOOKING NON-GAAP FINANCIAL MEASURESTO FORWARD-LOOKING GAAP FINANCIAL MEASURES

As of November 2, 2016(UNAUDITED)

Outlook for

Quarter Ending

December 30,

Outlook for

2016

Fiscal 2017

Diluted earnings per share from continuing operations (GAAP)

$0.84 - $0.88

$3.84 - $4.14

Restructuring and other charges, net

0.13

0.31

Acquisition related charges

0.01

0.04

Adjusted diluted earnings per share from continuing operations (non-GAAP) (1)

$0.98 - $1.02

$4.19 - $4.49

Net sales growth (GAAP)

4 - 8%

0.5 - 5.5%

Impact of additional week

N/A

2

Net sales growth excluding the impact of the additional week in fiscal 2016 (non-GAAP) (1)

N/A

2.5 - 7.5%

Translation

(1)

—

(Acquisitions) divestitures, net

(2)

(2)

Organic net sales growth excluding the impact of the additional week in fiscal 2016 (non-GAAP) (1)

1 - 5%

0.5 - 5.5%

(1) See description of non-GAAP measures contained in this release.

Exhibit 99.2

Q4 2016 Earnings November 2, 2016

Forward-Looking Statements and Non-GAAP Measures 2 Forward-Looking Statements This presentation contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention or obligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. The forward-looking statements in this presentation include statements addressing our future financial condition and operating results. Examples of factors that could cause actual results to differ materially from those described in the forward-looking statements include, among others, business, economic, competitive and regulatory risks, such as conditions affecting demand for products, particularly in the automotive and data and devices industries; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate; developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations; and the possible effects on us of changes in tax laws, tax treaties and other legislation. More detailed information about these and other factors is set forth in TE Connectivity Ltd.’s Annual Report on Form 10-K for the fiscal year ended Sept. 25, 2015 as well as in our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other reportsfiled by us with the U.S. Securities and Exchange Commission. Non-GAAP Measures Where we have used non-GAAP financial measures, reconciliations to the most comparable GAAP measure are provided, along with a disclosure on the usefulness of the non-GAAP measure, in this presentation.

Strong quarter with record adjusted EPS and free cash flow Sales of $3.3B in line with guidance Adjusted EPS of $1.27, above the high end of guidance Excluding the additional week in Q4, year-over-year sales were up 2% organically and adjusted EPS were up 27% to $1.14, a new record Orders growth both sequentially and Y/Y, with book to bill of 1.03 excluding SubCom Adjusted Operating Margin of 16.5% Generated record quarterly Free Cash Flow of $594M Strengthened our harsh environment portfolio with the acquisition of Intercontec in Industrial Solutions SubCom awarded the Pacific Light Cable Network (PLCN), a transpacific cable system with Google & Facebook (Announced in October) Note: Q4 FY16 includes an additional week which contributed sales of $238M and Adjusted EPS of $0.13 Q4 Highlights 3 Adjusted EPS, Organic Net Sales Growth Excluding the Impact of the Additional Week, Adjusted EPS Excluding the Impact of the Additional Week, Adjusted Operating Margin and Free Cash Flow are non-GAAP measures; see Appendix for description and reconciliation.

Delivered solid performance in a challenging economic environment Sales of $12.24B, flat Y/Y and up 2% organically Delivered mid-single digit organic growth in Transportation Industrial Solutions showed sequential 2H growth following 1H supply chain corrections SubCom grew 25% Y/Y, with a current backlog of $1B of programs in force Adjusted Operating Margins of 15.8% Adjusted EPS of $4.08, up 13% Y/Y and $0.08 above original guidance midpoint set a year ago Excluding the additional week, Adjusted EPS were $3.95, up 10% Y/Y Generated $1.6B of Free Cash Flow Returned $3.1B to shareholders through dividends and share repurchases Harsh strategy continuing to deliver Benefitting from secular trend of content growth; driving integrated solutions for customers Expanded our harsh portfolio with acquisitions in interventional medical, industrial connectors and automotive sensors Sold Circuit Protection as we continue to focus on harsh applications Note: FY16 includes an additional week which contributed sales of $238M and Adjusted EPS of $0.13 FY16 Highlights 4 Organic Net Sales Growth, Adjusted EPS, Adjusted EPS Excluding the Impact of the Additional Week, Adjusted Operating Margin and Free Cash Flow are non-GAAP measures; see Appendix for description and reconciliation.

FY15 FY16 FY16 FY16 Q4 Q3 Q4 14 Week Q4 13 Week Transportation 1,480 1,659 1,854 1,704 Industrial 720 879 888 832 Communications Ex SubCom 448 399 447 416 Total TE Ex SubCom 2,648 2,937 3,189 2,952 Book to Bill Ex SubCom 0.95 1.01 1.03 1.03 Segment Orders Summary ($ in millions) 5 Transportation Y/Y growth in all regions with significant strength in China Y/Y growth in all Industrial businesses excluding Oil and Gas Communications Y/Y orders growth excluding the impact of the sale of Circuit Protection; orders grew 4% sequentially Note: Comments based on 13 week orders Healthy Book to Bill of 1.03: Sequential and Y/Y growth

Y/Y Growth Rates Actual 14 Week Organic 13 Week Organic Automotive $1,311 16% 15% 6% Commercial Transportation 215 13% 12% 4% Sensors 210 11% 4% (2)% Transportation Solutions $1,736 15% 13% 5% $ in Millions Sales Automotive organic sales growth driven by Asia and Europe Commercial Transportation organic growth above market driven by our strength in China and EMEA Sensors growth in automotive offset by softness in industrial related markets Note: Comments based on 13 week organic results Business Performance Actual Up 15% Organic Up 13% Reported Organic Orders $1,854 25% 25% Adjusted Operating Margin Operating margins in line with expectations Organic Sales Growth, Organic Net Sales Growth Excluding the Impact of the Additional Week and Adjusted Operating Margin are non-GAAP measures; see Appendix for description and reconciliation. Transportation Solutions 6 20.3% 19.6% Q4 2015 Q4 2016 $1,508 $1,736 Q4 2015 Q4 2016

Y/Y Growth Rates Actual 14 Week Organic 13 Week Organic Industrial Equipment $427 25% 1% (7)% Aerospace & Defense 269 14% 13% 6% Oil and Gas 30 (25)% (23)% (27)% Energy 193 12% 13% 6% Industrial Solutions $919 16% 6% (2)% $ in Millions Sales Industrial Equipment growth includes the Creganna acquisition; organic decline due to weak global industrial markets Aerospace and Defense growth driven by strength in Commercial Air and gains in Defense business Oil and Gas markets remain weak Energy growth driven by China and the Americas Note: Comments based on 13 week organic results Business Performance Actual Up 16% Organic Up 6% Adjusted Operating Margin Industrial Solutions 7 Reported Organic Orders $888 23% 10% Operating margins in line with expectations; Y/Y impacted by Oil and Gas weakness Organic Sales Growth, Organic Net Sales Growth Excluding the Impact of the Additional Week and Adjusted Operating Margin are non-GAAP measures; see Appendix for description and reconciliation. $792 $919 Q4 2015 Q4 2016 13.9% 13.4% Q4 2015 Q4 2016

Y/Y Growth Rates Actual 14 Week Organic 13 Week Organic SubCom $239 18% 18% 13% Appliances 176 11% 10% 3% Data & Devices 262 (19)% (6)% (13)% Communications Solutions $677 (1)% 6% (1)% $ in Millions Sales SubCom remains robust with $1B of backlog Appliances growth driven by strength in Asia Data & Devices delivered another quarter of sequential growth; actual sales decline due to Circuit Protection sale; organic decline driven by product exits Note: Comments based on 13 week organic results Business Performance Actual Down 1% Organic Up 6% Reported Organic Orders ex SubCom $447 -% 10% Adjusted Operating Margin Operating margins expand 180bps sequentially; up Y/Y due to productivity 8 Communications Solutions Organic Sales Growth, Organic Net Sales Growth Excluding the Impact of the Additional Week and Adjusted Operating Margin are non-GAAP measures; see Appendix for description and reconciliation. 10.5% 12.9% Q4 2015 Q4 2016 $684 $677 Q4 2015 Q4 2016

Net Sales Excluding the Impact of the Additional Week, Adjusted Operating Income, Adjusted Operating Income Excluding the Impact of the Additional Week, Adjusted Operating Margin, Adjusted Operating Margin Excluding the Impact of the Additional Week, Adjusted EPS and Adjusted EPS Excluding the Impact of the Additional Week are non-GAAP measures; see Appendix for description. *Represents Diluted Earnings Per Share from Continuing Operations 14 Week 13 Week ($ in Millions, except per share amounts) Q4 FY15 Q4 FY16 Q4 FY16 Net Sales $ 2,984 $ 3,332 $ 3,094 Operating Income $ 407 $ 517 $ 462 Operating Margin 13.6% 15.5% 14.9% Acquisition Related Charges 11 4 4 Restructuring & Other Charges, net 70 30 30 Adjusted Operating Income $ 488 $ 551 $ 496 Adjusted Operating Margin 16.4% 16.5% 16.0% Earnings Per Share* $ 0.34 $ 1.22 $ 1.09 Acquisition Related Charges 0.03 0.01 0.01 Restructuring & Other Charges, net 0.13 0.04 0.04 Tax Items 0.40 - - Adjusted EPS $ 0.90 $ 1.27 $ 1.14 Q4 Financial Summary 9

$ in Millions Adjusted Gross Margin Percentage Adjusted Operating Margin Free Cash Flow Adjusted Gross Margin Percentage, Free Cash Flow, Adjusted Operating Margin and Adjusted EBITDA Margin are non-GAAP measures; See Appendix for description and reconciliation. Q4 Operating Metrics 10 Adjusted EBITDA Margin $389 $594 Q4 2015 Q4 2016 32.5% 33.2% Q4 2015 Q4 2016 16.4% 16.5% Q4 2015 Q4 2016 21.7% 20.9% Q4 2015 Q4 2016

Guidance* Strong sales and Adjusted EPS growth Y/Y Transportation Solutions Industrial Solutions Communications Solutions TE Connectivity Highlights Sales $2.95B to $3.05B Adjusted EPS $0.98 to $1.02 Sales up 6% Y/Y and up 3% organically at midpoint Adjusted EPS up 19% at the midpoint Up Mid Single Digits Up Mid Single Digits Organic Down Mid Single Digits Up Low Single Digits Organic Up Mid Teens Flat Organic * Assumes foreign exchange rates and commodity prices that are consistent with current levels Organic Sales Growth and Adjusted EPS are non-GAAP measures; see Appendix for description and reconciliation. Q1 Outlook 11 Automotive growth expected in China and EMEA, with mid single digit growth expected on 2% global auto production growth; Commercial Transportation growth expected above market, with strength in Asia heavy trucks Industrial Solutions growth driven by interventional medical and Intercontec acquisitions; organic growth flat due to weakness in Oil and Gas markets Communications organic growth driven by Appliances and SubCom; Q1 growth impacted by the sale of the Circuit Protection business

Sales Up 5% with double digit Adjusted EPS growth Y/Y Sales of $12.3B - $12.9B Adjusted EPS of $4.19 - $4.49 Sales up 5% Y/Y and up 3% organically at midpoint Adjusted EPS up 10% at midpoint vs. 52 week FY16 at $3.95 Up Mid Single Digits Up Mid Single Digits Organic Flat Y/Y Up Low Single Digits Organic Up Low Double Digits Up Low Single Digits Organic FY17 Outlook* vs 52 week prior year Guidance* Transportation Solutions Industrial Solutions TE Connectivity Highlights 12 Communications Solutions * Assumes foreign exchange rates and commodity prices that are consistent with current levels; Growth comparisons to prior year exclude the impact of an additional week in the fourth quarter of fiscal 2016 ($238M Revenue and $0.13 Adjusted EPS) Organic Sales Growth, Net Sales Growth Excluding the Impact of the Additional Week, Organic Net Sales Growth Excluding the Impact of the Additional Week, Adjusted EPS and Adjusted EPS Excluding the Impact of the Additional Week are non-GAAP measures; see Appendix for description and reconciliation. Expect Automotive organic growth in the mid-single digits on ~1% increase in global auto production, reflecting content growth trends; Commercial Transportation expected to perform better than market with content expansion; Sensors growth driven by new platform ramps Industrial Solutions growth driven by acquisitions, momentum in interventional medical applications, and gains in Commercial Aerospace and Defense Communications organic growth expected in Appliances and SubCom up mid single digits Y/Y; Data and Devices impacted by sale of Circuit Protection in March 2016

Additional Information 13

Q4 FY16 Impact of Additional Week 14 Q4 13 Week Q4 Sales Impact of 14th Week Sales (Normalized) Actual Growth Organic Growth Automotive $1,311 $(102) $1,209 7.2% 6.3% Commercial Transportation 215 (15) 200 5.3 4.2 Sensors 210 (13) 197 3.7 (2.3) Transportation Solutions 1,736 (130) 1,606 6.5 4.9 Industrial Equipment 427 (32) 395 15.2 (7.1) Aerospace, Defense, Oil & Gas 299 (20) 279 1.1 0.9 Energy 193 (13) 180 4.0 5.8 Industrial Solutions 919 (65) 854 7.8 (1.5) Data and Devices 262 (21) 241 (25.4) (13.3) Subsea Communications 239 (11) 228 12.9 13.1 Appliances 176 (11) 165 3.8 3.0 Communications Solutions 677 (43) 634 (7.3) (0.9) Total TE $3,332 $(238) $3,094 3.7% 1.9% Net Sales Excluding the Impact of the Additional Week, Net Sales Growth Excluding the Impact of the Additional Week and Organic Net Sales Growth Excluding the Impact of the Additional Week are non-GAAP measures; see Appendix for description and reconciliation.

Sales (in millions) Adjusted EPS Q4 2015 Results $2,984 $0.90 FX Benefit 11 0.01 Operational Performance 99 0.23 Q4 2016 Results (13 Weeks) $3,094 $1.14 Additional Week 238 0.13 Q4 2016 Results* $3,332 $1.27 Y/Y Q4 2016 15 Net Sales Excluding the Impact of the Additional Week, Adjusted EPS Excluding the Impact of the Additional Week and Adjusted EPS are non-GAAP measures; See Appendix for description and reconciliation. * 14 Week Quarter

Y/Y 2016 16 Sales (in millions) Adjusted EPS 2015 Results $12,233 $3.60 FX Impact (254) (0.07) Operational Performance 21 0.42 2016 Results (52 Weeks) $12,000 $3.95 2016 Growth in Constant Currency - 12% Additional Week 238 0.13 2016 Results* $12,238 $4.08 2016 Growth in Constant Currency 2% 15% Net Sales Excluding the Impact of the Additional Week, Adjusted EPS Excluding the Impact of the Additional Week and Adjusted EPS are non-GAAP measures; See Appendix for description and reconciliation. * 53 Week Year Double digit Adjusted EPS growth despite challenged macro environment

Y/Y Q1 2017 17 Adjusted EPS is a non-GAAP measure; See Appendix for description and reconciliation. Sales (in millions) Adjusted EPS Q1 2016 Results $2,833 $0.84 Operational Performance 82 0.13 Acquisitions / Divestitures, net 64 0.02 FX Benefit 21 0.01 Q1 2017 Guidance $3,000 $1.00 Guidance Range: Sales $2.95B to $3.05B Adjusted EPS $0.98 to $1.02

Y/Y 2017 18 Net Sales Excluding the Impact of the Additional Week, Adjusted EPS Excluding the Impact of the Additional Week and Adjusted EPS are non-GAAP measures; See Appendix for description and reconciliation. * 53 Week Year Sales (in millions) Adjusted EPS 2016 Results* $12,238 $4.08 Additional Week (238) (0.13) 2016 – 52 Weeks $12,000 $3.95 Operational Performance 416 0.33 Acquisitions / Divestitures, net 184 0.06 FX Impact N/M N/M 2017 Guidance $12,600 $4.34 Guidance Range: Sales of $12.3B - $12.9B Adjusted EPS of $4.19 - $4.49

Liquidity Summary ($ in Millions) Q4 2015 Q4 2016 Beginning Cash Balance $701 $694 Free Cash Flow 389 594 Dividends (132) (132) Share repurchases (512) (130) Acquisitions, net of cash acquired 1 (342) Net increase (decrease) in commercial paper (131) 30 Proceeds from sale of discontinued operations, net 2,957 - Other 56 (67) Ending Cash Balance $3,329 $647 Total Debt $3,884 $4,070 ($ in Millions) Q4 2015 Q4 2016 Cash from Continuing Operations $540 $782 Capital expenditures, net Pre-separation and BNS related tax payments, net (168) 17 (203) 15 Free Cash Flow $389 $594 A/R - $ $2,120 $2,046 Days Sales Outstanding* 64 60 Inventory (Excl. CIP) - $ $1,569 $1,414 Days on Hand* 70 62 Accounts Payable - $ $1,143 $1,090 Days Outstanding* 51 47 Free Cash Flow is a non-GAAP measure, see Appendix for description * Adjusted to exclude the impact of acquisitions and the additional week in FY16 Free Cash Flow and Working Capital Liquidity, Cash & Debt Q4 Balance Sheet & Cash Flow Summary 19

Appendix 20

Non-GAAP Measures 21 “Organic Net Sales Growth,” “Organic Net Sales Growth Excluding the Impact of the Additional Week,” “Net Sales Excluding the Impact of the Additional Week,” “Net Sales Growth Excluding the Impact of the Additional Week,” “Net Sales in Constant Currency,” “Adjusted Gross Margin,” “Adjusted Gross Margin Percentage,” “Adjusted Operating Income,” “Adjusted Operating Income Excluding the Impact of the Additional Week,” Adjusted Operating Margin Excluding the Impact of the Additional Week,” “Adjusted Operating Income in Constant Currency,” “Adjusted Operating Margin,” “Adjusted Other Income, Net,” “Adjusted Income Tax Expense,” “Adjusted Effective Tax Rate,” ”Adjusted Income from Continuing Operations,” “Adjusted Earnings Per Share,” “Adjusted Earnings Per Share Excluding the Impact of the Additional Week,” “Adjusted Earnings Per Share in Constant Currency,” “Adjusted EBITDA,” “Adjusted EBITDA Margin,” and “Free Cash Flow” are non-GAAP measures and should not be considered replacements for results in accordance with accounting principles generally accepted in the U.S. (“GAAP”). These non-GAAP measures may not be comparable to similarly-titled measures reported by other companies. The primary limitation of these measures is that they exclude the financial impact of items that would otherwise either increase or decrease our reported results. This limitation is best addressed by using these non-GAAP measures in combination with the most directly comparable GAAP measures in order to better understand the amounts, character and impact of any increase or decrease in reported amounts. The following provides additional information regarding these non-GAAP measures: Organic Net Sales Growth – is a useful measure of our underlying results and trends in the business. It is also a significant component in our incentive compensation plans. The difference between reported net sales growth (the most comparable GAAP measure) and Organic Net Sales Growth consists of the impact from foreign currency exchange rates and acquisitions and divestitures, if any. Organic Net Sales Growth is auseful measure of our performance because it excludes items that: i) are not completely under management’s control, such as the impact of changes in foreign currency exchange rates; or ii) do not reflect the underlying growth of the company, such as acquisition and divestiture activity. Organic Net Sales Growth Excluding the Impact of the Additional Week, Net Sales Excluding the Impact of the Additional Week, and Net Sales Growth Excluding the Impact of the Additional Week – represent Organic Net Sales Growth, net sales (the most comparable GAAP measure), and net sales growth (the most comparable GAAP measure), respectively, excluding the impact of the additional week in the fourth quarter of the fiscal year for fiscal years which are 53 weeks in length. The impact of the additional week was estimated using an average weekly sales figure for the last month of the fiscal year. We believe these measures are useful to investors because they provide insight into our underlying operating results, trends, and the comparability of these results between periods. Net Sales in Constant Currency – represents net sales (the most comparable GAAP measure) excluding the impact of fluctuations in foreign currency exchange rates between periods. We believe constant currency information provides valuable supplemental information regarding our sales. Adjusted Gross Margin and Adjusted Gross Margin Percentage – represent gross margin and gross margin percentage, respectively, (the most comparable GAAP measures) before special items including acquisition related charges, if any. We present Adjusted Gross Margin and Adjusted Gross Margin Percentage before special items to give investors a perspective on the underlying business results. These measures should be considered in conjunction with gross margin calculated using our GAAP results in order to understand the amounts, character and impact of adjustments to gross margin. Adjusted Operating Income – represents operating income (the most comparable GAAP measure) before special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, and otherincome or charges, if any. We utilize Adjusted Operating Income to assess segment level core operating performance and to provide insight to management in evaluating segment operating plan execution and underlying market conditions. It also is a significant component in our incentive compensation plans. Adjusted Operating Income is useful to investors because it provides insight into our underlying operating results, trends, and the comparability of these results between periods. Adjusted Operating Income Excluding the Impact of the Additional Week and Adjusted Operating Margin Excluding the Impact of the Additional Week – represents Adjusted Operating Income and Adjusted Operating Margin, respectively, excluding the impact of the additional week in the fourth quarter of the fiscal year for fiscal years which are 53 weeks in length. We believe these measures are useful to investors because they provide insight into our underlying operating results, trends, and the comparability of these results between periods. Adjusted Operating Income in Constant Currency – represents Adjusted Operating Income excluding the impact of fluctuations in foreign currency exchange rates between periods. We believe constant currency information provides valuable supplemental information regarding our operating income. Adjusted Operating Margin – represents operating margin (the most comparable GAAP measure) before special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, and other income or charges, if any. We present Adjusted Operating Margin before special items to give investors a perspective on the underlying business results. This measure should be considered in conjunction with operating margin calculated using our GAAP results in order to understand the amounts, character and impact of adjustments to operating margin. Adjusted Other Income, Net – represents other income, net (the most comparable GAAP measure) before special items including tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, if any. We present Adjusted Other

Income, Net as we believe that it is appropriate for investors to consider results excluding these items in addition to results in accordance with GAAP.

Non-GAAP Measures (cont.) 22 Adjusted Income Tax Expense – represents income tax expense (the most comparable GAAP measure) after adjusting for the tax effect of special items including charges related to restructuring and other charges, acquisition related charges, impairment charges, other income or charges, and certain significant special tax items, if any. We present Adjusted Income Tax Expense to provide investors further information regarding the tax effects of adjustments used in determining the non-GAAP financial measure Adjusted Income from Continuing Operations (as defined below). Adjusted Effective Tax Rate – represents effective income tax rate (the most comparable GAAP measure) after adjusting for the tax effect of special items including charges related to restructuring and other charges, acquisition related charges, impairment charges, other income or charges, and certain significant special tax items, if any. We present Adjusted Effective Tax Rate to provide investors further information regarding the tax rate effects of adjustments used in determining the non-GAAP financial measure Adjusted Income from Continuing Operations (as defined below). Adjusted Income from Continuing Operations – represents income from continuing operations (the most comparable GAAP measure) before special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, certain significant special tax items, other income or charges, if any, and, if applicable, the related tax effects. We present Adjusted Income from Continuing Operations as we believe that it is appropriate for investors to consider results excluding these items in addition to results in accordance with GAAP. Adjusted Income from Continuing Operations provides additional information regarding our underlying operating results, trends and the comparability of these results between periods. Adjusted Earnings Per Share – represents diluted earnings per share from continuing operations (the most comparable GAAP measure) before specialitems, including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, tax sharing income related to certain proposed adjustments to prior period tax returns and other tax items, certain significant special tax items, other income or charges, if any, and, if applicable, the related tax effects. We present Adjusted Earnings Per Share because we believe that it is appropriate for investors to consider results excluding these items in addition to results in accordance with GAAP. We believe such a measure provides insight into our underlying operating results, trends, and the comparability of these results between periods, since it excludes the impact of special items, which may recur, but tend to be irregular as to timing. It also is a significant component in our incentive compensation plans. Adjusted Earnings Per Share Excluding the Impact of the Additional Week – represents Adjusted Earnings Per Share excluding the impact of the additional week in the fourth quarter of the fiscal year for fiscal years which are 53 weeks in length. We believe Adjusted Earnings Per Share Excluding the Impact of the Additional Week is useful to investors because it provides insight into our underlying operating results, trends, and the comparability of these results between periods. Adjusted Earnings Per Share in Constant Currency – represents Adjusted Earnings Per Share excluding the impact of fluctuations in foreign currency exchange rates between periods. We believe constant currency information provides valuable supplemental information regarding our earnings per share. Adjusted EBITDA and Adjusted EBITDA Margin -represent net income and net income as a percentage of net sales, respectively, (the most comparable GAAP measures) before interest expense, interest income, income taxes, depreciation, and amortization, as adjusted for net other income, income from discontinued operations, and special items including charges or income related to restructuring and other charges, acquisition related charges, impairment charges, and other income or charges, if any. We present Adjusted EBITDA and Adjusted EBITDA Margin to give investors a

perspective in assessing our operating performance, trends, and the comparability of our results between periods. Free Cash Flow (FCF) –is a useful measure of our ability to generate cash. The difference between net cash provided by continuing operating activities (the most comparable GAAP measure) and Free Cash Flow consists mainly of significant cash outflows and inflows that we believe are useful to identify. We believe Free Cash Flow provides useful information to investors as it provides insight into the primary cash flow metric used by management to monitor and evaluate cash flows generated from our operations. Free Cash Flow is defined as net cash provided by continuing operating activities excluding voluntary pension contributions and the cash impact of special items, if any, minus net capital expenditures. Voluntary pension contributions are excluded from the GAAP measure because this activity is driven by economic financing decisions rather than operating activity. Certain special items, including net payments related to pre-separation tax matters, are also excluded by management in evaluating Free Cash Flow. Net capital expenditures consist of capital expenditures less proceeds from the sale of property, plant, and equipment. These items are subtracted because they represent long-term commitments. In the calculation of Free Cash Flow, we subtract certain cash items that are ultimately within management’s and the Board of Directors’ discretion to direct and may imply that there is less or more cash available for our programs than the most comparable GAAP measure indicates. It should not be inferred that the entire Free Cash Flow amount is available for future discretionary expenditures, as our definition of Free Cash Flow does not consider certain non-discretionary expenditures, such as debt payments. In addition, we may have other discretionary expenditures, such as discretionary dividends, share repurchases, and business acquisitions, that are not considered in the calculation of Free Cash Flow.

23 Segment Summary for the Quarter & Year Ended September 30, 2016 Operating Adjusted Operating Y/Y Actual Y/Y Organic Margin for the Margin for the September 25, September 30, Sales Sales Quarter Ended Quarter Ended Segment 2015 2016 Growth Growth (1) September 30, 2016 September 30, 2016 (1) Transportation Solutions 1,508 $ 1,736 $ 15.1 % 13.4 % 19.8 % 19.6 % Industrial Solutions 792 919 16.0 6.0 12.9 13.4 Communications Solutions 684 677 (1.0) 5.9 8.0 12.9 Total 2,984 $ 3,332 $ 11.7 % 9.8 % 15.5 % 16.5 % Operating Adjusted Operating Y/Y Actual Y/Y Organic Margin for the Margin for the September 25, September 30, Sales Sales Year Ended Year Ended Segment 2015 2016 Growth Growth (1) September 30, 2016 September 30, 2016 (1) Transportation Solutions 6,351 $ 6,503 $ 2.4 % 4.9 % 18.3 % 19.2 % Industrial Solutions 3,179 3,215 1.1 (2.8) 10.7 12.3 Communications Solutions 2,703 2,520 (6.8) (1.6) 14.6 11.6 Total 12,233 $ 12,238 $ - % 1.5 % 15.5 % 15.8 % (1) See description and reconciliation of non-GAAP measures contained in this Appendix. ($ in millions) For the Quarters Ended Net Sales ($ in millions) Net Sales For the Years Ended

Reconciliation of Net Sales Growth– Q4 16 vs. Q4 15 24 Acquisitions Translation (1) (Divestiture) Transportation Solutions (3) : Automotive 183 $ 16.2 % 11 $ - $ 172 $ 15.3 % 76 % Commercial Transportation 25 13.2 3 - 22 12.1 12 Sensors 20 10.5 (2) 14 8 4.2 12 Total 228 15.1 12 14 202 13.4 100 % Industrial Solutions (3) : Aerospace, Defense, Oil, and Gas: Aerospace and Defense 33 14.0 1 1 31 13.3 29 % Oil and Gas (10) (25.0) (1) - (9) (23.0) 4 Aerospace, Defense, Oil, and Gas Total 23 8.3 - 1 22 8.0 33 Industrial Equipment 84 24.5 2 79 3 0.7 46 Energy 20 11.6 (3) - 23 13.4 21 Total 127 16.0 (1) 80 48 6.0 100 % Communications Solutions (3) : Data and Devices (61) (18.9) - (47) (14) (5.8) 39 % Subsea Communications 37 18.3 - - 37 18.3 35 Appliances 17 10.7 - - 17 10.4 26 Total (7) (1.0) - (47) 40 5.9 100 % Total 348 $ 11.7 % 11 $ 47 $ 290 $ 9.8 % Percentage of (2) Represents the change in net sales resulting from volume and price changes, before consideration of acquisitions, divestitures, and the impact of changes in foreign currency exchange rates. Organic net sales growth is a non-GAAP measure. See description of non-GAAP measures contained in this Appendix. (3) Industry end market information about net sales is presented consistently with our internal management reporting and may be periodically revised as management deems necessary. Net Sales for the Change in Net Sales for the Quarter Ended September 30, 2016 Segment's Total (1) Represents the change in net sales resulting from changes in foreign currency exchange rates. versus Net Sales for the Quarter Ended September 25, 2015 Total Organic (2) September 30, 2016 ($ in millions) Quarter Ended

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended September 30, 2016 25 Restructuring Acquisition and Other Related Charges Adjusted U.S. GAAP Charges (1)(2) (Credits), Net (2) (Non-GAAP) (3) Operating Income: Transportation Solutions 344 $ 3 $ (6) $ 341 $ Industrial Solutions 119 1 3 123 Communications Solutions 54 - 33 87 Total 517 $ 4 $ 30 $ 551 $ Operating Margin 15.5% 16.5% Other Expense, Net (1) $ - $ - $ (1) $ Income Tax Expense (52) $ (1) $ (15) $ (68) $ Effective Tax Rate 10.6% 13.0% Income from Continuing Operations 437 $ 3 $ 15 $ 455 $ Diluted Earnings per Share from Continuing Operations 1.22 $ 0.01 $ 0.04 $ 1.27 $ (1) Includes $3 million of acquisition and integration costs and $1 million of non-cash amortization associated with fair value adjustments related to acquired customer order backlog recorded in cost of sales. (2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction. (3) See description of non-GAAP measures contained in this Appendix. Adjustments ($ in millions, except per share data)

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended June 24, 2016 26 Acquisition Restructuring Related and Other Tax Adjusted U.S. GAAP Charges (1)(2) Charges, Net (2) Items (3) (Non-GAAP) (4) Operating Income: Transportation Solutions 297 $ 2 $ 21 $ - $ 320 $ Industrial Solutions 95 16 1 - 112 Communications Solutions 60 - 9 - 69 Total 452 $ 18 $ 31 $ - $ 501 $ Operating Margin 14.5% 16.1% Other Expense, Net (651) $ - $ - $ 650 $ (1) $ Income Tax (Expense) Benefit 1,019 $ (3) $ (10) $ (1,086) $ (80) $ Effective Tax Rate 446.9% 17.0% Income from Continuing Operations 791 $ 15 $ 21 $ (436) $ 391 $ Diluted Earnings per Share from Continuing Operations 2.19 $ 0.04 $ 0.06 $ (1.21) $ 1.08 $ ($ in millions, except per share data) Adjustments (4) See description of non-GAAP measures contained in this Appendix. (3) Includes $1,135 million of income tax benefits associated with the settlement of tax matters for the years 1997 through 2000 which resolved all aspects of the disputed debt matter with the IRS through the year 2007, as well as the related impact of $604 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. Also includes income tax charges related to a $91 million increase in the valuation allowance for certain U.S. deferred tax assets; and an $83 million net income tax benefit related to tax settlements in certain other tax jurisdictions, as well as the related impact of $46 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. (1) Includes $11 million of acquisition and integration costs and $7 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales. (2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended September 25, 2015 27 Acquisition Restructuring Related and Other Tax Adjusted U.S. GAAP Charges (1)(2) Charges, Net (2) Items (3) (Non-GAAP) (4) Operating Income: Transportation Solutions 272 $ 5 $ 29 $ - $ 306 $ Industrial Solutions 84 6 20 - 110 Communications Solutions 51 - 21 - 72 Total 407 $ 11 $ 70 $ - $ 488 $ Operating Margin 13.6% 16.4% Other Income, Net 9 $ - $ - $ (5) $ 4 $ Income Tax Expense (252) $ 1 $ (17) $ 168 $ (100) $ Effective Tax Rate 64.9% 21.6% Income from Continuing Operations Attributable to TE Connectivity Ltd. 136 $ 12 $ 53 $ 163 $ 364 $ Diluted Earnings per Share from Continuing Operations Attributable to TE Connectivity Ltd. 0.34 $ 0.03 $ 0.13 $ 0.40 $ 0.90 $ (1) Includes $9 million of acquisition and integration costs and $2 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales. (2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction. (3) Includes $216 million of income tax charges associated with the tax impacts of certain intercompany legal entity restructurings made in connection with our integration of Measurement Specialties, Inc. Also includes $63 million of income tax benefits associated with the settlement of audits of prior year income tax returns. (4) See description of non-GAAP measures contained in this Appendix. Adjustments ($ in millions, except per share data)

Impact of Additional Week for Q4 2016 28 Adjustment Adjustment Adjustment 14 Weeks Impact of 13 Weeks 14 Weeks Impact of 13 Weeks 14 Weeks Impact of 13 Weeks U.S. GAAP 14th Week (Non-GAAP) (1)(2) U.S. GAAP 14th Week (Non-GAAP) (1)(2) (Non-GAAP) (2) 14th Week (Non-GAAP) (1)(2) Net Sales: Transportation Solutions Automotive 1,311 $ (102) $ 1,209 $ 1,128 $ 16.2% (9.0)% 7.2% 15.3% (9.0)% 6.3% Commercial Transportation 215 (15) 200 190 13.2 (7.9) 5.3 12.1 (7.9) 4.2 Sensors 210 (13) 197 190 10.5 (6.8) 3.7 4.2 (6.5) (2.3) Total 1,736 (130) 1,606 1,508 15.1 (8.6) 6.5 13.4 (8.5) 4.9 Industrial Solutions Aerospace, Defense, Oil, and Gas: Aerospace and Defense 269 (18) 251 236 14.0 (7.6) 6.4 13.3 (7.5) 5.8 Oil and Gas 30 (2) 28 40 (25.0) (5.0) (30.0) (23.0) (3.6) (26.6) Aerospace, Defense, Oil, and Gas Total 299 (20) 279 276 8.3 (7.2) 1.1 8.0 (7.1) 0.9 Industrial Equipment 427 (32) 395 343 24.5 (9.3) 15.2 0.7 (7.8) (7.1) Energy 193 (13) 180 173 11.6 (7.6) 4.0 13.4 (7.6) 5.8 Total 919 (65) 854 792 16.0 (8.2) 7.8 6.0 (7.5) (1.5) Communications Solutions Data and Devices 262 (21) 241 323 (18.9) (6.5) (25.4) (5.8) (7.5) (13.3) Subsea Communications 239 (11) 228 202 18.3 (5.4) 12.9 18.3 (5.2) 13.1 Appliances 176 (11) 165 159 10.7 (6.9) 3.8 10.4 (7.4) 3.0 Total 677 (43) 634 684 (1.0) (6.3) (7.3) 5.9 (6.8) (0.9) Total 3,332 $ (238) $ 3,094 $ 2,984 $ 11.7% (8.0)% 3.7% 9.8% (7.9)% 1.9% Adjustment Acquisition Restructuring Related and Other 14 Weeks Impact of 13 Weeks U.S. GAAP Charges (3) Charges, Net (Non-GAAP) (2) 14th Week (Non-GAAP) (1)(2) Operating Income 517 $ 4 $ 30 $ 551 $ (55) $ 496 $ Operating Margin 15.5% 16.5% 16.0% Diluted Earnings per Share from Continuing Operations 1.22 $ 0.01 $ 0.04 $ 1.27 $ (0.13) $ 1.14 $ (3) Includes $3 million of acquisition and integration costs and $1 million of non-cash amortization associated with fair value adjustments related to acquired customer order backlog recorded in cost of sales. Change in Net Sales for the Quarter Ended September 30, 2016 versus Net Sales for the Quarter Ended September 25, 2015 Change in Organic Net Sales for the QuarterEnded September 30, 2016 versus Organic Net Sales for the Quarter Ended September 25, 2015 For the Quarter Ended September 30, 2016 For the Quarter Ended September 25, 2015 ($ in millions) Adjustments ($ in millions, except per share data) (1) Excludes the impact of an additional week in the fourth quarter of fiscal 2016. The impact of the additional week was estimated using an average weekly sales figure for the last month of the fiscal year. (2) See description of non-GAAP measures contained in this Appendix.

Reconciliation of Net Sales Growth– 2016 vs. 2015 29 Acquisitions Translation (1) (Divestiture) Transportation Solutions (3) : Automotive 132 $ 2.8 % (134) $ - $ 266 $ 5.6 % 75 % Commercial Transportation 5 0.6 (16) - 21 2.6 13 Sensors 15 2.0 (24) 16 23 3.1 12 Total 152 2.4 (174) 16 310 4.9 100 % Industrial Solutions (3) : Aerospace, Defense, Oil, and Gas: Aerospace and Defense 24 2.5 (13) 9 28 3.0 30 % Oil and Gas (75) (37.5) (2) - (73) (36.0) 4 Aerospace, Defense, Oil, and Gas Total (51) (4.4) (15) 9 (45) (3.8) 34 Industrial Equipment 96 7.3 (14) 179 (69) (5.2) 44 Energy (9) (1.3) (34) - 25 3.6 22 Total 36 1.1 (63) 188 (89) (2.8) 100 % Communications Solutions (3) : Data and Devices (337) (24.8) (6) (123) (208) (17.8) 40 % Subsea Communications 176 24.8 - - 176 24.8 35 Appliances (22) (3.5) (11) - (11) (1.8) 25 Total (183) (6.8) (17) (123) (43) (1.6) 100 % Total 5 $ - % (254) $ 81 $ 178 $ 1.5 % (3) Industry end market information about net sales is presented consistently with our internal management reporting and may be periodically revised as management deems necessary. Total Organic (2) September 30, 2016 ($ in millions) (1) Represents the change in net sales resulting from changes in foreign currency exchange rates. (2) Represents the change in net sales resulting from volume and price changes, before consideration of acquisitions, divestitures, and the impact of changes in foreign currency exchange rates. Organic net sales growth is a non-GAAP measure. See description of non-GAAP measures contained in this Appendix. Year Ended Percentage of Change in Net Sales for the Year Ended September 30, 2016 Segment's Total versus Net Sales for the Year Ended September 25, 2015 Net Sales for the

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Year Ended September 30, 2016 30 Restructuring Acquisition and Other Related Charges Tax Adjusted U.S. GAAP Charges (1)(2) (Credits), Net (2) Items (3) (Non-GAAP) (4) Operating Income: Transportation Solutions 1,191 $ 9 $ 46 $ - $ 1,246 $ Industrial Solutions 343 23 31 - 397 Communications Solutions 368 - (75) - 293 Total 1,902 $ 32 $ 2 $ - $ 1,936 $ Operating Margin 15.5% 15.8% Other Income (Expense), Net (632) $ - $ - $ 650 $ 18 $ Income Tax (Expense) Benefit 779 $ (7) $ (2) $ (1,111) $ (341) $ Effective Tax Rate (67.0)% 18.5% Income from Continuing Operations 1,941 $ 25 $ - $ (461) $ 1,505 $ Diluted Earnings per Share from Continuing Operations 5.26 $ 0.07 $ - $ (1.25) $ 4.08 $ ($ in millions, except per share data) (1) Includes $22 million of acquisition and integration costs and $10 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales. (2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction. (3) Includes $1,135 million of income tax benefits associated with the settlement of tax matters for the years 1997 through 2000 which resolved all aspects of the disputed debt matter with the IRS through the year 2007, as well as the related impact of $604 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. Also includes income tax charges related to a $91 million increase in the valuation allowance for certain U.S. deferred tax assets; and an $83 million net income tax benefit related to tax settlements in certain other tax jurisdictions, as well as the related impact of $46 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. (4) See description of non-GAAP measures contained in this Appendix. Adjustments

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Year Ended September 25, 2015 31 Acquisition Restructuring Related and Other Tax Adjusted U.S. GAAP Charges (1)(2) Charges, Net (2) Items (3) (Non-GAAP) (4) Operating Income: Transportation Solutions 1,193 $ 61 $ 39 $ - $ 1,293 $ Industrial Solutions 352 33 44 - 429 Communications Solutions 204 - 66 - 270 Total 1,749 $ 94 $ 149 $ - $ 1,992 $ Operating Margin 14.3% 16.3% Other Income (Expense), Net (55) $ - $ - $ 84 $ 29 $ Income Tax Expense (337) $ (22) $ (29) $ (36) $ (424) $ Effective Tax Rate 21.4% 22.3% Income from Continuing Operations 1,238 $ 72 $ 120 $ 48 $ 1,478 $ Diluted Earnings per Share from Continuing Operations 3.01 $ 0.18 $ 0.29 $ 0.12 $ 3.60 $ (4) See description of non-GAAP measures contained in this Appendix. (3) Includes $264 million of income tax benefits associated with the settlement of audits of prior year income tax returns as well as the related impact of $84 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. Also includes $216 million of income tax charges associated with the tax impacts of certain intercompany legal entity restructurings made in connection with our integration of Measurement Specialties, Inc. and $29 million of income tax charges for the tax impacts of certain intercompany dividends related to the restructuring and sale of the Broadband Network Solutions business. ($ in millions, except per share data) (1) Includes $55 million of acquisition and integration costs, $36 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales, and $3 million of restructuring costs. Adjustments (2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction.

Impact of Additional Week for Fiscal 2016 32 Adjustment Adjustment Adjustment 53 Weeks Impact of 52 Weeks 53 Weeks Impact of 52 Weeks 53 Weeks Impact of 52 Weeks U.S. GAAP 53rd Week (Non-GAAP) (1)(2) U.S. GAAP 53rd Week (Non-GAAP) (1)(2) (Non-GAAP) (2) 53rd Week (Non-GAAP) (1)(2) Net Sales: Transportation Solutions Automotive 4,912 $ (102) $ 4,810 $ 4,780 $ 2.8% (2.2)% 0.6% 5.6% (2.2)% 3.4% Commercial Transportation 825 (15) 810 820 0.6 (1.8) (1.2) 2.6 (1.8) 0.8 Sensors 766 (13) 753 751 2.0 (1.7) 0.3 3.1 (1.7) 1.4 Total 6,503 (130) 6,373 6,351 2.4 (2.1) 0.3 4.9 (2.1) 2.8 Industrial Solutions Aerospace, Defense, Oil, and Gas: Aerospace and Defense 975 (18) 957 951 2.5 (1.9) 0.6 3.0 (1.9) 1.1 Oil and Gas 125 (2) 123 200 (37.5) (1.0) (38.5) (36.0) (0.7) (36.7) Aerospace, Defense, Oil, and Gas Total 1,100 (20) 1,080 1,151 (4.4) (1.8) (6.2) (3.8) (1.7) (5.5) Industrial Equipment 1,419 (32) 1,387 1,323 7.3 (2.5) 4.8 (5.2) (2.1) (7.3) Energy 696 (13) 683 705 (1.3) (1.8) (3.1) 3.6 (1.9) 1.7 Total 3,215 (65) 3,150 3,179 1.1 (2.0) (0.9) (2.8) (1.9) (4.7) Communications Solutions Data and Devices 1,020 (21) 999 1,357 (24.8) (1.6) (26.4) (17.8) (1.7) (19.5) Subsea Communications 885 (11) 874 709 24.8 (1.5) 23.3 24.8 (1.3) 23.5 Appliances 615 (11) 604 637 (3.5) (1.7) (5.2) (1.8) (1.9) (3.7) Total 2,520 (43) 2,477 2,703 (6.8) (1.6) (8.4) (1.6) (1.7) (3.3) Total 12,238 $ (238) $ 12,000 $ 12,233 $ -% (1.9)% (1.9)% 1.5% (2.0)% (0.5)% Adjustment Acquisition Restructuring Related and Other 53 Weeks Impact of 52 Weeks U.S. GAAP Charges (3) Charges, Net Tax Items (4) (Non-GAAP) (2) 53rd Week (Non-GAAP) (1)(2) Operating Income 1,902 $ 32 $ 2 $ - $ 1,936 $ (55) $ 1,881 $ Operating Margin 15.5% 15.8% 15.7% Diluted Earnings per Share from Continuing Operations 5.26 $ 0.07 $ - $ (1.25) $ 4.08 $ (0.13) $ 3.95 $ (4) Includes $1,135 million of income tax benefits associated with the settlement of tax matters for the years 1997 through 2000 which resolved all aspects of the disputed debt matter with the IRS through the year 2007, as well as the related impact of $604 million to other expense pursuant to the tax sharingagreement with Tyco International and Covidien. Also includes income tax charges related to a $91 million increase in the valuation allowance for certain U.S. deferred tax assets; and an $83 million net income tax benefit related to tax settlements in certain other tax jurisdictions, as well as the related impact of $46 million to other expense pursuant to the tax sharing agreement with Tyco International and Covidien. (2) See description of non-GAAP measures contained in this Appendix. Change in Net Sales for Fiscal 2016 versus Net Sales for Fiscal 2015 Change in Organic Net Sales for Fiscal 2016 versus Organic Net Sales for Fiscal 2015 (2) Fiscal 2016 Fiscal 2015 ($ in millions) Adjustments ($ in millions, except per share data) (1) Excludes the impact of an additional week in the fourth quarter of fiscal 2016. The impact of the additional week was estimated using an average weekly sales figure for the last month of the fiscal year. (3) Includes $22 million of acquisition and integration costs and $10 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales.

Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Quarter Ended December 25, 2015 33 Acquisition Restructuring Related and Other Tax Adjusted U.S. GAAP Charges (1)(2) Charges, Net (2) Items (3) (Non-GAAP) (4) Operating Income: Transportation Solutions 261 $ 3 $ 16 $ - $ 280 $ Industrial Solutions 66 3 9 - 78 Communications Solutions 71 - 15 - 86 Total 398 $ 6 $ 40 $ - $ 444 $ Operating Margin 14.0% 15.7% Other Income, Net 8 $ - $ - $ - $ 8 $ Income Tax Expense (58) $ (2) $ (12) $ (28) $ (100) $ Effective Tax Rate 15.2% 23.4% Income from Continuing Operations 324 $ 4 $ 28 $ (28) $ 328 $ Diluted Earnings per Share from Continuing Operations 0.83 $ 0.01 $ 0.07 $ (0.07) $ 0.84 $ (4) See description of non-GAAP measures contained in this Appendix. (1) Includes $5 million of acquisition and integration costs and $1 million of non-cash amortization associated with fair value adjustments related to acquired inventories and customer order backlog recorded in cost of sales. (2) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction. (3) Income tax benefits related to deferred tax assets recognized in connection with the anticipated sale of the Circuit Protection Devices Adjustments ($ in millions, except per share data)

Reconciliation of Gross Margin & Gross Margin Percentage 34 September 25, September 30, September 25, September 30, 2015 2016 2015 2016 Net Sales 2,984 $ 3,332 $ 12,233 $ 12,238 $ Cost of Sales 2,016 2,228 8,146 8,205 Gross Margin 968 1,104 4,087 4,033 Gross Margin Percentage 32.4% 33.1% 33.4% 33.0% Acquisition Related Charges 2 1 36 10 Adjusted Gross Margin (1) 970 $ 1,105 $ 4,123 $ 4,043 $ Adjusted Gross Margin Percentage (1) 32.5% 33.2% 33.7% 33.0% (1) See description of non-GAAP measures contained in this Appendix. For the Quarters Ended For the Years Ended ($ in millions)

Reconciliation of Free Cash Flow 35 September 25, September 30, September 25, September 30, 2015 2016 2015 2016 Net cash provided by operating activities: Net cash provided by continuing operating activities 540 $ 782 $ 1,619 $ 2,019 $ Net cash provided by (used in) discontinued operating activities 84 (98) 294 (97) 624 684 1,913 1,922 Net cash provided by (used in) investing activities 2,801 (524) 636 (1,581) Net cash used in financing activities (767) (218) (1,606) (3,030) Effect of currency translation on cash (30) 11 (71) 7 Net increase (decrease) in cash and cash equivalents 2,628 $ (47) $ 872 $ (2,682) $ Net cash provided by continuing operating activities 540 $ 782 $ 1,619 $ 2,019 $ Excluding: Payments related to pre-separation U.S. tax matters, net 17 5 40 150 Payments related to income taxes on the sale of the Broadband Network Solutions business - 10 - 36 Capital expenditures, net (168) (203) (583) (620) Free cash flow (1) 389 $ 594 $ 1,076 $ 1,585 $ (1) See description of non-GAAP measures contained in this Appendix. For the Quarters Ended For the Years Ended (in millions)

Reconciliation of Adjusted EBITDA Margin 36 September 25, June 24, September 30, September 25, September 30, 2015 2016 2016 2015 2016 Net income 1,040 $ 839 $ 437 $ 2,420 $ 2,009 $ Income from discontinued operations (904) (48) - (1,182) (68) Income tax expense (benefit) 252 (1,019) 52 337 (779) Other (income) expense, net (9) 651 1 55 632 Interest expense 32 31 34 136 127 Interest income (4) (2) (7) (17) (19) Operating income 407 $ 452 $ 517 $ 1,749 $ 1,902 $ Acquisition related charges 11 18 4 94 32 Restructuring and other charges, net 70 31 30 149 2 Adjusted operating income (1) 488 $ 501 $ 551 $ 1,992 $ 1,936 $ Depreciation and amortization (2) 160 146 146 600 580 Adjusted EBITDA (1) 648 $ 647 $ 697 $ 2,592 $ 2,516 $ Net sales 2,984 $ 3,121 $ 3,332 $ 12,233 $ 12,238 $ Net income as a percentage of net sales 34.9% 26.9% 13.1% 19.8% 16.4% Adjusted EBITDA margin (1) 21.7% 20.7% 20.9% 21.2% 20.6% (2) Excludes non-cash amortization associated with fair value adjustments related to acquired customer order backlog of $1 million, $2 million, and $1 million for the quarters ended September 25, 2015, June 24, 2016, and September 30, 2016, respectively, and $16 million and $5 million for the years ended September 25, 2015 and September 30, 2016, respectively, as these charges are included in the acquisition related charges line. For the Quarters Ended For the Years Ended (1) See description of non-GAAP measures contained in this Appendix. ($ in millions)

Reconciliation of Forward-Looking Non-GAAP Financial Measures to Forward-Looking GAAP Financial Measures for Q1 2017 and Fiscal 2017 37 Outlook for Quarter Ending December 30, Outlook for 2016 (1) Fiscal 2017 (1) Diluted earnings per share from continuing operations (GAAP) $0.84 - $0.88 $3.84 - $4.14 Restructuring and other charges, net 0.13 0.31 Acquisition related charges 0.01 0.04 Adjusted diluted earnings per share from continuing operations (non-GAAP) (2) $0.98 - $1.02 $4.19 - $4.49 Net sales growth (GAAP) 4 - 8% 0.5 - 5.5% Impact of additional week N/A 2 Net sales growth excluding the impact of the additional week (non-GAAP) (2) N/A 2.5 - 7.5% Translation (1) - (Acquisitions) divestitures, net (2) (2) Organic net sales growth excluding the impact of the additional week (non-GAAP) (2) 1 - 5% 0.5 - 5.5% (1) Outlook is as of November 2, 2016. (2) See description of non-GAAP measures contained in this Appendix.

Impact of Changes in Foreign Currency Exchange Rates for Q4 2016, Fiscal 2016, Q1 2017 and Fiscal 2017 38 Adjusted Operating Net Sales Income (1) Adjusted EPS (1) Quarter ended September 25, 2015 2,984 $ 488 $ 0.90 $ Impact of changes in foreign currency exchange rates 11 4 0.01 Operational performance 99 4 0.23 Quarter ended September 30, 2016 - 13 weeks (1) 3,094 496 1.14 Impact of additional week 238 55 0.13 Quarter ended September 30, 2016 3,332 $ 551 $ 1.27 $ Adjusted Operating Net Sales Income (1) Adjusted EPS (1) Year ended September 25, 2015 12,233 $ 1,992 $ 3.60 $ Impact of changes in foreign currency exchange rates (254) (38) (0.07) Operational performance 21 (73) 0.42 Year ended September 30, 2016 - 52 weeks (1) 12,000 1,881 3.95 Impact of additional week 238 55 0.13 Year ended September 30, 2016 12,238 $ 1,936 $ 4.08 $ Net Sales Adjusted EPS (1) Quarter ended December 25, 2015 2,833 $ 0.84 $ Impact of changes in foreign currency exchange rates 21 0.01 Operational performance 82 0.13 Acquisitions (divestitures), net 64 0.02 Outlook for the quarter ending December 30, 2016 (2) 3,000 $ 1.00 $ Net Sales Adjusted EPS (1) Year ended September 30, 2016 12,238 $ 4.08 $ Impact of additional week (238) (0.13) Year ended September 30, 2016 - 52 weeks (1) 12,000 3.95 Impact of changes in foreign currency exchange rates - - Operational performance 416 0.33 Acquisitions (divestitures), net 184 0.06 Outlook for the year ending September 29, 2017 (2) 12,600 $ 4.34 $ (in millions, except per share data) (in millions, except per share data) (1) See description of non-GAAP measures contained in this Appendix. (2) Outlook is as of November 2, 2016. (in millions, except per share data) (in millions, except per share data)

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SECURITIES AND EXCHANGE COMMISSIONd18rn0p25nwr6d.cloudfront.net/CIK-0001385157/406ef1be-ccca-4e7… · Presentation - TE Connectivity Q4 2016 Earnings Call ( November 2, 2016 ) 2