8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  January 8, 2018

FLEX LTD.

(Exact Name of Registrant as Specified in Its Charter)

Singapore	0-23354	Not Applicable
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

2 Changi South Lane, Singapore	486123
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (65) 6876-9899

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth companyo

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d)  On January 8, 2018, Ms. Jennifer Li was appointed to the Company’s Board of Directors. Ms. Li joined the Board as an independent director. There is no arrangement or understanding between Ms. Li and any other person pursuant to which she was appointed as a director.  Ms. Li has not yet been appointed to serve on any committee of the Board.

Pursuant to the Company’s non-management directors’ compensation programs, Ms. Li will be entitled to receive: (i) annual cash compensation of $90,000, payable quarterly in arrears, for services rendered as a director; (ii) upon her appointment, a pro-rated share of the annual restricted stock unit award received by our non-management directors following the last annual general meeting; and (iii) an annual restricted stock unit award following each annual general meeting of shareholders having an aggregate fair market value of $185,000. The foregoing description of the Company’s non-management directors’ compensation program is qualified by reference to the description included in the definitive proxy statement for the Company’s 2017 Annual General Meeting, which was filed with the Securities and Exchange Commission on July 5, 2017.

The Company’s Constitution provides that, subject to the Singapore Companies Act, every director shall be entitled to be indemnified by the Company against all costs, charges, losses, expenses and liabilities incurred by him in the execution and discharge of his duties or in relation thereto. Our directors are covered by indemnification agreements with the Company and a wholly-owned subsidiary which provide for indemnification to the maximum extent permitted by applicable law. The Company has also obtained a policy of directors’ and officers’ liability insurance that will insure directors against the costs of defense, settlements and judgments in connection with proceedings in which our directors are involved by reason of having served as directors or agents of the Company.

On January 8, 2018, the Company issued a press release announcing the appointment of Ms. Li, a copy of which is attached as Exhibit 99.1 hereto.

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Item 9.01   Financial Statements and Exhibits.

(d) Exhibits

Exhibit
99.1	Press release, dated January 8, 2018, issued by Flex Ltd.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		FLEX LTD.
Date:  January 8, 2018	By:	/s/ Christopher Collier
		Name:	Christopher Collier
		Title:	Chief Financial Officer

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EX-99.1

Exhibit 99.1

FLEX APPOINTS JENNIFER LI TO ITS BOARD OF DIRECTORS

San Jose, CA, January 8, 2018 — Flex (NASDAQ: FLEX), the Sketch-to-Scale™ solutions provider that designs and builds Intelligent Products for a Connected World™, today announced that Jennifer Li, a seasoned, global international executive with extensive experience in China, automotive, and multiple technology sectors, has been appointed to the Company’s Board of Directors.

Ms. Li currently serves as Chief Executive Officer and General Managing Director of Baidu Capital, the investment arm of Baidu Inc. She was previously Chief Financial Officer of Baidu Inc., the leading Chinese language search engine and one of the largest search engines in the world. Ms. Li led Baidu over the past ten years of growth. In this capacity, she gained diverse functional experience, leading human resources, public relations, marketing, international operations, mergers and acquisitions, and finance. From 1994 to 2008, she held a number of senior finance positions at various General Motors companies in China, Singapore, the United States, and Canada, rising to Chief Financial Officer of GM’s business in China and Financial Controller of the North American Operations for GMAC. Ms. Li currently serves on the board of directors of Philip Morris International Inc. and serves as the Chair of its Audit Committee and a member of both its Nominating and Corporate Governance and Finance Committees.

“Jennifer has world-class financial, operational, and technology industry experience both internationally and particularly in China which is rapidly becoming a huge innovation leader in the world,” said Mike McNamara, CEO at Flex. “Her appointment to the Board of Directors will add valuable perspective and insight and we are honored to welcome her to our Board.”

About Flex

Flex Ltd. (Reg. No. 199002645H) is the Sketch-to-Scale™ solutions provider that designs and builds Intelligent Products for a Connected World™. With approximately 200,000 professionals across 30 countries, Flex provides innovative design, engineering, manufacturing, real-time supply chain insight and logistics services to companies of all sizes in various industries and end-markets. For more information, visit flex.com or follow us on Twitter @Flexintl. Flex — Live Smarter™

Contact

Kevin Kessel, CFA

Vice President, Investor Relations & Corporate Communications

(408) 576-7985

kevin.kessel@flex.com