SCHEDULE: BlackRock Boosts Flex LTD Stake to 10.4%

BlackRock, Inc. has reported an increased beneficial ownership of 10.4% in Flex LTD's common stock, holding over 38.5 million shares.

Summary

• BlackRock, Inc. has filed an Amendment No. 3 to Schedule 13G, reporting its beneficial ownership in Flex LTD's common stock.
• As of November 30, 2025, BlackRock, Inc. beneficially owns 38,576,016 shares of Flex LTD common stock.
• This ownership represents 10.4% of the total outstanding common stock of Flex LTD.
• BlackRock, Inc. holds sole voting power over 36,343,499 shares.
• BlackRock, Inc. holds sole dispositive power over 38,576,016 shares.
• No shared voting or dispositive power is reported.
• BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., beneficially owns 5% or greater of the outstanding shares of Flex LTD's common stock.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding Flex LTD's operational performance or future prospects. It primarily reflects BlackRock's investment position.

Positives

• Increased institutional ownership by a major asset manager like BlackRock, Inc. can signal confidence in Flex LTD's long-term prospects.
• The significant stake of 10.4% by BlackRock, Inc. indicates a substantial investment and belief in the company's value.

Risks

• The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer, mitigating immediate control-related risks.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding Flex LTD's future performance or BlackRock's future investment intentions beyond the current ownership disclosure.

Management Comments

• BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Flex LTD.

Industry Context

This filing reflects a significant institutional investment by one of the world's largest asset managers, BlackRock, Inc., in a global manufacturing and supply chain services company. Such large stakes by institutional investors are common and often indicate a long-term investment horizon, aligning with broader trends of passive and active fund management in major public companies.

Stakeholder Impact

• Shareholders of Flex LTD may view BlackRock's significant and increased stake as a positive signal of institutional confidence in the company's value and future performance.
• The certification by BlackRock that its investment is not for control purposes provides clarity regarding potential governance impacts, suggesting no immediate activist intent.

Key Dates

Keywords

Flex LTD, BlackRock, Institutional Ownership, Schedule 13G, Common Stock, Beneficial Ownership, Investment, Asset Management