Slide 1: Investor Presentation
Investor Presentation June 2026
Slide 2: Safe harbor statement
Safe harbor statement Statements in this presentation regarding TD SYNNEX that are not historical facts are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are inheren
Slide 3: Patrick Zammit, CEO
© TD SYNNEX Patrick Zammit CEO Maging IT Personal
Slide 4: Q2 2026 global business overview
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Q2 2026 global business overview Our differentiated value proposition continues to support profitable growth, operating margin expansion, and earnings growth over time Key takeaways Q2 FY26 Y/
Slide 5: Q2 2026 | Distribution highlights
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Q2 2026 | Distribution(1) highlights Non-GAAP gross billings(2) Non-GAAP operating income(1) Key Highlights +22% +36% Selected by HPE as 1 of 2 Global Distribution Partners under unified model
Slide 6: Q2 2026 | Hyve Solutions highlights
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Q2 2026 | Hyve Solutions highlights Non-GAAP gross billings(1) Non-GAAP operating income(1) Key Highlights +117% +89% Manufacturing and engineering represented approximately two-thirds of Hyve
Slide 7: David Jordan, CFO
© TD SYNNEX David Jordan CFO Maging IT Personal
Slide 8: Q2 2026 | Portfolio Overview
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Q2 2026 | Portfolio Overview Broad-based growth across our portfolio and geographies driven by disciplined execution Portfolio Performance Consolidated 19% Non-GAAP gross Gross to Distribution
Slide 9: Cash flow and shareholder returns
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Cash flow and shareholder returns Profitable growth and disciplined capital allocation support attractive long- term shareholder returns Free cash Return on Shareholder flow(1) TTM $0.4B equit
Slide 10: Q3 2026 | Financial Outlook
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Q3 2026 | Financial Outlook Our guidance reflects continued momentum across both our Distribution(1) and Hyve businesses Q3 2026E Midpoint Range ~$27.7B Non-GAAP gross billings(2) +/- $500 mil
Slide 11: Broad-based growth across all Distribution technologies
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Broad-based growth across all Distribution(1) technologies Approximate % of total non-GAAP gross billings(2) by product category(3) for Q2 2026 22% Y/Y Growth 22% 24% 35% 26% 6% 21% 16% Y/Y Gr
Slide 12: Q2 2026 performance by Distribution segment
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Q2 2026 performance by Distribution(1) segment Disciplined execution against our strategy is driving above market growth across our reportable segments Americas distribution non-GAAP gross 1 K
Slide 13: Appendix
TD SYNNEX Appendix
Slide 14: Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Non-GAAP financial measures In addition to the financial results presented in accordance with GAAP, TD SYNNEX uses and refers to: • Revenue in constant currency, which adjusts for the translat
Slide 15: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended Revenue in constant currency May 31,
Slide 16: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended Consolidated Non-GAAP gross billings
Slide 17: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended Consolidated Non-GAAP operating inco
Slide 18: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended Consolidated Americas distribution E
Slide 19: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Amounts may not add or compute due to rounding) Three Months Ended (in billions) Distribution(2) Advanced Solutions(1) Endpoint
Slide 20: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended Non-GAAP cost of revenue May 31, 202
Slide 21: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended Adjusted selling, general and admini
Slide 22: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended Non-GAAP income before income taxes,
Slide 23: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands, except per share amounts) (Amounts may not add or compute due to rounding) Three Months Ended Non-GAAP n
Slide 24: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Trailing Twelve Months ended May February November Augu
Slide 25: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended May February November August May Feb
Slide 26: Reconciliation of GAAP to Non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to Non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended May February November August May Feb
Slide 27: Calculation of financial metrics
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Calculation of financial metrics TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended Cash conversion cycle May 31, 2026 Days sales outstanding
Slide 28: Calculation of financial metrics
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Calculation of financial metrics TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended Cash conversion cycle (gross cash days) May 31, 2026 Days
Slide 29: Calculation of financial metrics
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Calculation of financial metrics TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Leverage ratio May 31, 2026 Total borrowings (a) $ 4,719,969 Less: cash and
Slide 30: Reconciliation of GAAP to non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to non-GAAP financial measures TD SYNNEX (Currency in thousands) (Amounts may not add or compute due to rounding) Three Months Ended May 31, February 28, November 30, Au
Slide 31: Reconciliation of GAAP to non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to non-GAAP financial measures TD SYNNEX (Currency in millions, except per share amounts) (Amounts may not add or compute due to rounding) Forecast Three Months Ending A
Slide 32: Reconciliation of GAAP to non-GAAP financial measures
BUSINESS COMMERCIAL PORTFOLIO CAPITAL FINANCIAL APPENDIX OVERVIEW HIGHLIGHTS PERFORMANCE ALLOCATION OUTLOOK Reconciliation of GAAP to non-GAAP financial measures TD SYNNEX (Currency in billions) (Amounts may not add or compute due to rounding) Forecast Three Months Ending August 31, 2026 Non-GAAP gr
Slide 33: Thank You
Nate Friedel TD SYNNEX Corporation Thank You IR@tdsynnex.com IR website: ir.tdsynnex.com