Flex Announces the Pricing Terms of Its Cash Tender Offer for Any and All of Its 4.625% Notes Due 2020 - Seite 2

The Tender Offer will expire today at 5:00 p.m., New York City time, unless extended or earlier terminated as described in the Offer to Purchase (such time and date, as they may be extended, the “Expiration Time”). Holders must validly tender their 2020 Notes at or prior to the Expiration Time (including by notice of guaranteed delivery) and not validly withdraw their 2020 Notes to be eligible to receive the Tender Offer Consideration and accrued and unpaid interest as described above.

The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase and the related letter of transmittal and notice of guaranteed delivery and the Company’s press release dated May 30, 2019 announcing the amendment by the Company of the financing condition of the Tender Offer (collectively, the “Offer Documents”). The amended financing condition for the Tender Offer is the successful completion by Flex of its previously announced offering (the “Offering”) of $450 million aggregate principal amount of 4.875% Notes due 2029 (the “New Notes”). The Offering is not conditioned on the completion of the Tender Offer.

Holders who validly tender their 2020 Notes may validly withdraw their tendered 2020 Notes at any time prior to the earlier of (i) the Expiration Time and (ii) if the Tender Offer is extended, the 10th business day after commencement of the Tender Offer. Notes may also be validly withdrawn at any time after the 60th business day after commencement of the Tender Offer if for any reason the Tender Offer has not been consummated by that date.

Holders are urged to read the Offer Documents carefully before making any decision with respect to the Tender Offer. Copies of the Offer Documents are available via the Tender Offer website at www.dfking.com/flex or by contacting D.F. King & Co., Inc., the Information Agent for the Tender Offer, via email at [e-mail] or via telephone at [phone] (banks and brokers) or [phone] (all others). Questions regarding the terms of the Tender Offer should be directed to the Dealer Managers for the Tender Offer, J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and BNP Paribas Securities Corp. as follows: J.P. Morgan Securities LLC at [phone] (collect) or [phone] (toll-free), Citigroup Global Markets Inc. at [phone] (collect) or [phone] (toll-free) or BNP Paribas Securities Corp. at [phone] (collect) or [phone] (toll-free).