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Design. Build. Ship. Service.

UBS Global Technology and Services Conference

June 8June 8thth 20102010

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Risks and Non-GAAP Disclosures

This presentation contains forward-looking statements within the meaning of U.S. securities laws, including statements related to revenue and earnings guidance; our expectations about our future operating margins and return on invested capital; expected revenue growth in our market segments; expected improvements in profitability of our components business units; our expectations about the availability of components for our products; the expected charges and savings associated with our restructuring activities; and our expectations regarding end market demand for our products and our business in the current economic environment. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these statements; are based on our current expectations; and we assume no obligation to update them. Information about these risks is noted on slide 16 of this presentation, and in the Risk Factors and MD&A sections of our latest annual and quarterly reports filed with the SEC, as well as in our other SEC filings. Investors are cautioned not to place undue reliance on these forward- looking statements.

In this presentation we reference both GAAP and non-GAAP financial measures. Please refer to the GAAP vs. non-GAAP reconciliation in the “Investors” section of our website, which contain the reconciliation to the most directly comparable GAAP measures.

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Flextronics: A Global Technology Supply Chain Enabler

~120,000 Employees in Asia (~90,000 in China)

~$24 Billion in Annual Sales

~200,000+ Employees Globally; ~20,000 Logistics/Services

Operating in 30 Countries; 27M Sq Ft of Capacity; 9 Industrial Parks

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Flextronics – Our Service Model

Design.

• Flextronics employs over 4,000 design engineers.

• Flextronics owns 364 patents

Capabilities• Industrial Design• System Architecture• Mechanical Design• Embedded

System Design• Software Systems• Product Launch/NPI• DFx Services

Build.

• Flextronics runs 9 industrial parks around the world focused on building the worlds leading technology products.

Capabilities• PCB/Flex Circuits• Optomechatronics• LCD Displays• Cables• Machining• Plastics• Metal Fabrication• SMT Assembly• System Integration

and Final Test

Ship.

• Flextronics is involved in doing BTO and CTO for many of the most complex technology products in the world from industry leading companies such as Cisco, HP, Huawei, Lenovo, RIM, Juniper, and many others.

Capabilities• Build-to-Order (BTO)• Configure-to-Order (CTO)• Distribution and

Direct Fulfillment• Outbound Logistics

and Hubbing

Service.

• Flextronics Global Services is the global repair leader for electronic products servicing 3M cell phones, 2M laptops, 9M PCBA’s, and 2M game consoles phones per year.

• RTS Technicians (i.e. within Verizon stores) handle 600,000+ customer transactions per month.

• Global Services’ sites dedicated to Service Parts Logistics process and ship over 12M spare parts for customers every year.

Capabilities• Repair/ Refurbishment and

Warranty Support• Service Parts Logistics• Remarketing• Retail Technical Services (RTS)• Asset Recovery• Reverse Logistics

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We have three major groups of business

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Go-to-Market Strategy: Market Segments + Business Unit Verticals

Our dedicated segment teams provide integrated solutions and services that span the full product lifecycle, from design to manufacturing to distribution and after-market services

Mar

ket S

egm

ents

and

% o

f tot

al Q

4’10

reve

nue

Infrastructure Segment | 30%

Mobile Segment | 19%

Consumer Digital Segment | 10%

Computing Segment | 20%

Industrial & Other Segment | 21%

Business Units

Multek

Vista P

ointFlex

PowerGlobal

Service

s

Retail T

echnica

l Serv

ices

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Geographic Diversification

Operations in 30 countries across 4 continents

Our global scale and flexibility are key competitive advantages

• Customers increasingly require solutions that can only be achieved through significant global scale and lower cost

• We restructured our global operations to gain efficiencies by shifting manufacturing capacity to different locations

• We leverage our worldwide supplier relationships to gain advantageous pricing and supply chain flexibility for customers

14%

15%

19%

33%

11%

* Per 10-K filed for the annual period ended 3-31-10

Operations revenue breakout by country:Asia Fiscal 2010 % of SalesChina $7,956,542 33%Singapore $428,000 2%Malaysia $2,652,181 11%Other Asia $558,678 2%Americas Fiscal 2010 % of SalesU.S. $3,375,503 14%Mexico $3,616,610 15%Other Americas $838,922 3%Europe Fiscal 2010 % of SalesEurope $4,684,297 19%Total $24,110,733 100%

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EuropeTczew, PolandEast HungaryWest Hungary

AmericasGuadalajara, MexicoJuarez, MexicoSorocaba, Brazil

AsiaChennai, IndiaDoumen, PRCShanghai, PRC

Sustainable Growth – Limitless Scale, Repeatable Execution

Globally Diverse Industrial Parks – a Powerful Differentiator

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Mechanical Assembly

Bonded WarehouseCentral Warehouse

PCB Fab

Rigid Flex & Flex CircuitPCB Assembly

PCB Assembly

Plastics, Metal and Assembly

Plastics and Metal

PCB Fab

Cafeteria Expansion

PCB Fab

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Flextronics Zhuhai, China – North Campus

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Continuously Expand the Total Available Market (TAM)

Total Available Market ($B)

Traditional EMS

PCB

Power

LCD Displays

Opto-mechatronics

Services

Computing ODM

Clean Tech

TOTAL

100 200 300 400

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IDC’s EMS and ODM Industry Revenue Growth Forecast

$191

$229

$267$280

$233$249

$274

$300

$328

$150

$200

$250

$300

$350

2005 2006 2007 2008 2009 2010 2011 2012 2013

EMS

+ O

DM

Rev

enue

s 2010 - 2013E CAGR: 9.6%

Source: IDC

US$ (Bil)

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Flextronics Revenue Growth FY94 – FY11E

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

Revenue 131 237 448 1,498 2,578 3,953 6,959 12,110 13,105 13,379 14,530 15,731 15,288 18,854 27,558 30,949 24,111 27,246

FY94 FY95 FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 *FY11

US$ (Mil)

*FY11 Source: First Call consensus estimates

Revenue growth has returned and at a strong pace

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Revenue Growth Expectations FY10 – FY11

5 – 10 % 10 – 20 % > 20 % Key Customers

Infrastructure

Industrial

Medical

Computing

Mobile & Consumer

Multek

Optomechatronics

Power

Services

Segments

• Broad based infrastructure market penetration

• Impressive growth across existing and emerging industrial markets

• Servers driving some downside, being increasingly selective on ODM

• Multek growing all businesses successfully

• Remaining segments on plan

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Investor Contact Information:

Warren Ligan Senior Vice President – Treasury and Investor Relations

warren.ligan@flextronics.com 408-576-7172

Kevin Kessel Vice President – Investor Relations

kevin.kessel@flextronics.com 408-576-7985

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Design. Build. Ship. Service.

Design. Build. Ship. Service.

Thank You

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Risk FactorsRISKS INCLUDE:

• That future revenue and earnings may not be achieved as expected.• The risks to our particular electronics and technology sector of economic instability and a slowdown in consumer spending,

particularly given the current economic conditions.• The effects of customer or supplier bankruptcies or insolvency. • Supply shortages of required electronic components.• The effects that current credit and market conditions could have on the liquidity and financial condition of customers or suppliers,

including any impact on their ability to meet contractual obligations to us on terms and conditions previously negotiated. • The effects of the current macroeconomic environment could have on our liquidity and ability to access credit markets.• Our dependence on industries that continually produce technologically advanced projects with short life cycles. • Our ability to respond to changes in economic trends, to fluctuations in demand for customers’ products and to the short term nature

of our customers’ commitments.• Competition in our industry, particularly from ODM suppliers in Asia.• Our dependence on a small number of customers for the majority of our sales and our reliance on strategic relationships with major

customers. • The challenges of effectively managing our operations, including our ability to manage manufacturing processes, control costs and

manage changes in our operations.• The challenges of integrating acquired companies and assets. • Not obtaining anticipated new customer programs, or if we do obtain them, that they may not contribute to our revenue or profitability

as expected or at all.• Our ability to utilize available manufacturing capacity.• The risk of future restructuring charges that could be material to our financial condition and results of operations.• Our ability to design and quickly introduce world-class components products that offer significant price and/or performance

advantages over competitive products.• The impact on our margins and profitability resulting from substantial investments, start-up and integration costs in our components,

design and ODM businesses; and production difficulties, especially with new products.• Changes in government regulations and tax laws including any effects related to the expiration of tax holidays .• Our exposure to potential litigation relating to intellectual property rights, product warranty and product liability. • Our dependence on the continued trend of outsourcing by OEMs.• The challenges of international operations, including fluctuations in exchange rates beyond hedged boundaries leading to unexpected

charges.• Our dependence on our key personnel.• Our ability to comply with environmental laws.

Further information concerning these and other risk factors that could cause actual results to differ materially from those in the forward looking statements is contained in the Risk Factors and Management’s Discussion and Analysis sections of our reports on forms 10-Q and 10-K as well as the other reports that we file with the US. Securities and Exchange Commission.