TE Connectivity is a global industrial technology leader that creates a safer, sustainable, productive, and connected future. The company's broad range of connectivity and sensor solutions enable the distribution of power, signal, and data to advance next-generation transportation, renewable energy, automated factories, data centers, medical technology, and more. TE Connectivity operates through three reportable segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The company's products are used in a variety of end markets and serve a combined market of approximately $190 billion as of fiscal year end 2024.

• Employees: Approximately 87,000 worldwide (as of FYE 2024)
• Geographic Footprint: Operates in over 50 countries
• Headquarters: Ballybrit, Galway, Ireland
• Founded: 1941 (through predecessor companies)
• Number of locations/facilities: Manufactures in over 25 countries
• Revenue: $15.845 billion (FY2024)
• Key Subsidiaries/Brands: Tyco Electronics Group S.A.

• CEO: Terrence R. Curtin
• CFO: Heath A. Mitts

The chief executive officer and segment leaders average over 25 years of industry experience.

• Annual Revenue: $15.845 billion (FY2024)
• Net Income: $3.193 billion (FY2024)
• Total Assets: $22.854 billion (FY2024)
• Number of Employees: Approximately 87,000 (FYE 2024)
• Key Financial Highlights: Net sales decreased 1.2% from fiscal 2023 levels due to sales declines in the Transportation Solutions and Industrial Solutions segments, partially offset by sales growth in the Communications Solutions segment. On an organic basis, our net sales were flat in fiscal 2024 as compared to fiscal 2023. Net cash provided by operating activities was $3,477 million in fiscal 2024.

TE Connectivity provides a broad range of connectivity and sensor solutions. Key product categories include:

• Terminals and Connector Systems: Used in various industries to connect power, data, and signals.
• Sensors: Intelligent, efficient, and high-performing sensor solutions used across multiple industries.
• Relays: Used in various applications for switching and control.
• Antennas: Used for wireless communication.
• Heat Shrink Tubing: Used for insulation and protection.
• Wire and Cable: Used for power, data, and signal transmission.
• Interventional Medical Components: Advanced surgical, imaging, and interventional device solutions.

TE Connectivity operates through three reportable segments:

• Transportation Solutions: A leader in connectivity and sensor technologies for automotive, commercial transportation, and sensors markets. (60% of net sales in FY2024)
• Industrial Solutions: A leading supplier of products that connect and distribute power, data, and signals for industrial equipment, aerospace, defense, and marine, energy, and medical markets. (28% of net sales in FY2024)
• Communications Solutions: A leading supplier of electronic components for the data and devices and the appliances markets. (12% of net sales in FY2024)

TE Connectivity's strategy focuses on creating a safer, sustainable, productive, and connected future. Key strategic initiatives include:

• Leveraging its broad product portfolio and engineering capabilities to address the needs of global customers.
• Developing new products and technologies to meet evolving customer demands.
• Focusing on sustainability and environmental responsibility.
• Improving manufacturing productivity and operational efficiency.
• Investing in innovation and new technologies.

TE Connectivity operates in the highly competitive electronic components industry. Key aspects of the industry include:

• Market Position: A global leader in connectivity and sensor technologies.
• Key Competitors: Competes with thousands of companies ranging from large multinational corporations to local manufacturers, including Yazaki, Aptiv, Sumitomo, Sensata, Honeywell, Molex, and Amphenol.
• Industry Trends: The industry is characterized by rapid technological change, increasing demand for connectivity and sensor solutions, and growing focus on sustainability.

• Macroeconomic Risks: Conditions in global or regional economies, capital and money markets, and banking systems, and cyclical industry demand may adversely affect our results of operations, financial position, and cash flows.
• Industry Risks: Dependence on the automotive and other industries and significant periodic downturns have had material adverse effects on our results of operations, financial position, and cash flows.
• Operational Risks: Raw material availability, quality, and cost and shortages, deteriorations in quality, or price increases could lead to a materially negative impact on our results of operations, financial position, and cash flows.
• Cybersecurity Risks: Cybersecurity incidents and other disruptions affecting our information technology infrastructure or violations of data privacy laws have and could interfere with our operations, compromise confidential information, and expose us to liability which could materially adversely impact our business and reputation.
• Regulatory Risks: We are subject to, and may continue to be subject to, incremental costs, risks, and regulations associated with efforts to combat the negative effects of climate change.