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.
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