---
schema_version: "secwatch.filing_event.v1"
accession: "0000866374-24-000028"
form_type: "8-K"
ticker: "FLEX"
cik: "0000866374"
company_name: "FLEX LTD."
filed_at: "2024-06-14T23:59:59+00:00"
generated_at: "2026-06-01T04:29:49.550687+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Flex Ltd. approves FY2025 annual incentive bonus plan with CEO target at 165% of base salary

## Summary
- CEO target award 165% of base salary; CFO 110%; other named executive officers 100-110%.
- Performance measures: company-level operating profit, free cash flow, revenue; segment-level metrics for certain executives.
- Payout ranges from threshold (30-50% of target) to maximum 200% of target; funding gated by operating profit threshold.
- Sustainability and individual performance modifiers can adjust payouts by +/- 10 percentage points each.
- Plan uses adjusted non-GAAP measures; committee may exclude extraordinary items or transactions.

## SEC filing metadata
- accession: 0000866374-24-000028
- form_type: 8-K
- ticker: FLEX
- cik: 0000866374
- company_name: FLEX LTD.
- filed_at: 2024-06-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866374/000086637424000028/0000866374-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866374/000086637424000028/flex-20240612.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866374-24-000028
- JSON: https://secwatch.observer/filing/0000866374-24-000028.json
- Plain text: https://secwatch.observer/filing/0000866374-24-000028.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.