Flex Ltd. Announces One-Time Supplemental Equity Award for CEO Revathi Advaithi to Align Leadership with Long-Term Shareholder Value

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Flex Ltd. Announces One-Time Supplemental Equity Award for CEO Revathi Advaithi to Align Leadership with Long-Term Shareholder Value

On June 19, 2025, Flex Ltd. announced a new compensation plan for its Chief Executive Officer, Revathi Advaithi, in the form of a one-time Supplemental Equity Award under the company's Amended and Restated 2017 Equity Incentive Plan. This award aims to align executive compensation with long-term shareholder value and support the company's growth in its data center business. The award includes specific provisions for accelerated vesting in the event of a termination without cause or a voluntary termination for good reason, especially during a change of control. These terms were approved by the Board of Directors and its Compensation and People Committee, with input from an independent compensation consultant.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flex Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000866374-25-000035), on June 25, 2025, and is solely responsible for the information contained therein.

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