Flex approves compensation for Interim CFO Martinez, salary increase for Tan, CCO Hartung

FLEX LTD.

Interim CFO Martinez gets $300K RSU award (vests 50% per year) plus $50K monthly cash increment.
President Hooi Tan base salary raised from $700K to $735K, retroactive to August 1, 2024.
CCO Hartung bonus target raised to 110% of base, LTI award increased by $500K to $2.3M.
Hartung's $500K RSU vests in three equal annual installments.
Changes effective August 15, 2024, upon Board and Committee recommendation.

item 5.02

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Role change

Michael P. Hartung

Chief Commercial Officer

FLEX · FLEX LTD.

Filed: August 16, 2024, 7:59 PM ET

Finally, on August 15, 2024, the Board, upon the Committee’s recommendation, approved the following compensation changes for Mr. Michael P. Hartung in connection with his promotion to the role of Chief Commercial Officer:

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael P. Hartung changed role as Chief Commercial Officer at FLEX LTD..

Action: promoted
Role: Chief Commercial Officer

Exact text from the filing

Finally, on August 15, 2024, the Board, upon the Committee’s recommendation, approved the following compensation changes for Mr. Michael P. Hartung in connection with his promotion to the role of Chief Commercial Officer:

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Source: SEC EDGAR

accession 0000866374-24-000039

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