Amendment to Offer Letter Regarding Executive Severance Plan Participation – Flex Ltd. and Revathi Advaithi

Summary

This amendment, dated March 5, 2025, is between Flex Ltd. and Revathi Advaithi. It updates Revathi Advaithi's original offer letter to confirm her participation in the Flex Ltd. Amended and Restated Executive Severance Plan. The amendment replaces the severance section of the offer letter, specifying that her severance benefits will now be governed by the terms of the updated Executive Severance Plan. All other terms of the original offer letter remain unchanged.

EX-10.27 3 flex-exx1027_3312025.htm EX-10.27 Document

EXHIBIT 10.27

March 5, 2025

Ms. Revathi Advaithi

Dear Revathi:

Reference is made to the offer letter dated February 7, 2019 (the “Offer Letter”) between you and Flex Ltd. (the “Company”).

The Company maintains the Flex Ltd. Executive Severance Plan, and the Company has amended and restated the Flex Ltd. Executive Severance Plan, effective March 5, 2025 (as amended and restated, the “Executive Severance Plan”), in order to, among other things, provide for your participation in the Executive Severance Plan. The Company and you desire to amend the Offer Letter by this letter amendment (“Amendment”) in order to reflect your participation in the Executive Severance Plan, effective as of the date of this Amendment.

Amendment to Offer Letter:

The paragraph of the Offer Letter headed “Severance:” is hereby amended and restated in its entirety as follows:

Severance:

You will be a participant in the Flex Ltd. Amended and Restated Executive Severance Plan, in accordance with the terms and conditions thereof.

Except as expressly set forth in this Amendment, the Offer Letter remains in full force and effect according to its terms.

If you agree with the terms of this Amendment, please sign below and return to me.

Sincerely,

FLEX

/s/ Xavier Boza

Xavier Boza

Chief Human Resources Officer

AGREED AND ACCEPTED:

/s/ Revathi Advaithi March 5, 2025

Revathi Advaithi Date