Te Connectivity Plc · NYSE:TEL
Te Connectivity — Investor Day (November 2025)
65 slides from Te Connectivity's investor day presentation, Nov 20, 2025
Slide 1: 2025 The next chapter of value creation
2025 The next chapter of value creation
Slide 2: Welcome - 2025 Investor Day
Welcome Sujal Shah VP, Investor Relations TE Connectivity 2025 Investor Day
Slide 3: Agenda
Agenda 3 Welcome Next Chapter of TE Industrial Solutions Transportation Solutions Shareholder Value Creation Sujal Shah VP, Investor Relations Terrence Curtin Chief Executive Officer Shad Kroeger President, Industrial Solutions Aaron Stucki President, Transportation Solutions Heath Mitts EVP & CFO B
Slide 4: Forward-looking statements and Non-GAAP Financial Measures
Forward-looking statements and Non-GAAP Financial Measures 4 Forward-Looking Statements This presentation contains certain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and
Slide 5: Video
VIDEO
Slide 6: The Next Chapter of Value Creation
Terrence Curtin CEO The Next Chapter of Value Creation TE Connectivity 2025 Investor Day
Slide 7: What You Will Be Hearing Today
WHAT YOU WILL BE HEARING TODAY Business Strategy • Co-creating on next generation architectures with our customers to drive value creation • Positioned to deliver 6-8% growth through cycle with further margin expansion • Broadening secular growth with organic and inorganic opportunities • Capitalizi
Slide 8: TE Connectivity at a Glance
FY 2025 FINANCIALS SALES $17B+ ~21% ADJUSTED OPERATING MARGIN TE CONNECTIVITY AT A GLANCE Leading Industrial Technology Company with a Strong Financial Foundation SALES BY SEGMENT ~$8B Digital Data Networks (DDN) Aerospace, Defense & Marine (AD&M) Automation & Connected Living (ACL) Energy Medical A
Slide 9: Engineering and Operations Create a Moat
Creating a Safer, Sustainable, Productive, and Connected Future Engineering and Operations create a moat with our customers Co-creating with Customers In-region Engineering and Design Expertise Global Footprint Core Process Excellence Agile Development Powered by AI and Simulation Embedded in Custom
Slide 10: TE Connectivity's Journey: Growth Through Focus & Execution
TE Connectivity’s Journey Growth Through Focus & Execution Benefiting from secular growth drivers, cost reduction and footprint consolidation From Transformation to Acceleration 10 FREE CASH FLOW 18.3% 20.8% 2019 2025 $13.4B $17.3B 2019 2025 SALES GROWTH ADJUSTED OPERATING MARGIN EXPANSION Portfolio
Slide 11: Strategic Positioning Leading to a Stronger TE
Strategic Positioning Leading to a STRONGER TE Past Today Business Model Focus Self Help Profitable growth with a widening moat Portfolio Secular Growth Concentrated Broadening growth across the portfolio Adjusted Operating Margins Mid-teens Over 20% with 30%+ incremental margins Free Cash Flow < 90
Slide 12: Technology is Evolving Rapidly in Our Markets
Technology is Evolving Rapidly in the Markets Where We Have Positioned TE Artificial Intelligence Data Connectivity E-mobility Energy Scale-up GPU-GPU SPEED DATA SPEEDS IN CARS Factory Automation RACK POWER TOP 4 HYPERSCALER CAPEX L2 - L4 ADAS ADOPTION XEV LIGHT VEHICLES VOLTAGE ARCHITECTURE DC FAST
Slide 13: Portfolio Investments Driving Strong Content Growth
Portfolio Investments Driving Strong Content Growth 13 Artificial Intelligence Next Generation Energy Factory Automation Next Generation Vehicles AI & Cloud NA Hardening & Grid Intelligence Renewables Digital & Robotics E-mobility High Voltage Data Connectivity 2019 $150M $80M $45M $300M $325M $275M
Slide 14: Broadening Growth Across Our Portfolio
FY25 SALES MIX GROWTH DRIVERS OVER NEXT 5 YEARS Auto ICT Sensors Medical ACL DDN AD&M Energy Broadening Growth Across Our Portfolio 14 Digital Data Networks Energy (DDN) OUTSIZED GROWTH Sensors Medical RETURN TO GROWTH Transportation Industrial Automation & Connected Living (ACL) Commercial Transpor
Slide 15: Our Business Model Going Forward
6-8% 30%+ Double-digit Growth Incremental Margins through cycle Growth ~ 1/3 Dividends For M&A & Share Buyback ~ 2/3 Revenue Adj. Operating Margin Adjusted EPS Capital Strategy Adjusted ROIC Our Business Model Going Forward Defining the Next Phase of Value Creation 15 100%+ FCF Conversion Adjusted O
Slide 16: Industrial Solutions
Industrial Solutions Shad Kroeger President TE Connectivity 2025 Investor Day
Slide 17: Industrial Solutions: Outsized Growth Conviction
OUTSIZED GROWTH CONVICTION MOMENTUM: Accelerating strong performance to deliver mid-to-high single digit growth TRUST: Long-standing customer relationships with architecture influence 17 INDUSTRIAL SOLUTIONS SCALE: Organic innovation + acquisition discipline BREADTH: Broad portfolio with durable con
Slide 18: Well-Positioned to Unlock Megatrend Growth
Well-Positioned to Unlock Exciting Megatrend Growth ACROSS FIVE BUSINESS UNITS RECORD FINANCIAL PERFORMANCE FY25 SALES $7.9B MID-HIGH SINGLE DIGITS ~21% INDUSTRIAL SOLUTIONS 18 Strong Reputation STRONG COMPETITIVE ADVANTAGES Customer Intimacy Design Co-Creation Operational Excellence Quality Outsize
Slide 19: Capitalizing on Powerful Shifts
19 Capitalizing on Powerful Shifts FAST EVOLVING SEGMENT ALWAYS-ON SYSTEMS ENERGY INTENSIVE INTELLIGENT Digital Data Networks (DDN) Energy OUTSIZED GROWTH Medical RETURN TO GROWTH Automation & Connected Living (ACL) Aerospace, Defense & Marine (AD&M) OVER NEXT FIVE YEARS: • Expect accelerating growt
Slide 20: Video
VIDEO
Slide 21: Connectivity Solutions Empowering the AI Evolution
Connectivity Solutions Empowering the AI Evolution DIGITAL DATA NETWORKS 21 Massive surge in AI market infrastructure investments 3 YEAR HYPERSCALER CAPEX 3X TE AI / Cloud growth trajectory 3 YEAR CONTENT/CHIP GROWTH 5X $500M $1.4B $3B+ 2023 2025 2 years 5 years Power Solutions Backplane Over-the-Bo
Slide 22: Winning in the AI Era
Winning in the AI Era: Trusted by Leaders, Technology Edge and Operating Leverage CUSTOMERS ARE CHANGING THE WAY THEY DO EVERYTHING WE WIN BY ADAPTING + ANTICIPATING THEIR NEEDS — FAST Variability Variable, steep ramps with geo-diverse footprint needs Scalable Manufacturing Ability to rapidly ramp a
Slide 23: Case Study: Delivering Next-Gen Solutions at Speed and Scale
CASE STUDY: Delivering Next-Gen Solutions at Speed and Scale 23 ARTIFICIAL INTELLIGENCE • Major U.S. hyperscaler rapidly building out data centers and AI models • Looking for end-to-end connectivity solutions to enable high-speed and power The Customer Their Challenge Our Solutions • 11 customer ite
Slide 24: Powering the Future: Enabling an Intelligent, Reliable Grid
ENERGY Increased Electricity Demand Generation Capacity Increases Aging Infrastructure Shortage of Certified Technicians Key Drivers of Growth POSITIONED TO WIN Grid Mon ito ring / Grid Intell ig ence MV U nd ergr ou nd & Network Pro tectio n Innovation focused on Ease of Installation Capacity Expan
Slide 25: Case Study: Innovating a More Resilient Grid
CASE STUDY: Innovating a More Resilient Grid That’s Easier to Install 25 GRID HARDENING One of the oldest U.S. utilities, serving New York City The Customer Their Challenge • Traditional underground installs are complex, slow and error-prone • Need to harden the grid: storms, growing demand, aging i
Slide 26: Industrial Solutions Outsized Growth Conviction
Confidence in mid-to-high single digit growth, 30%+ incremental margins, bolstered by strategic acquisitions Positioned to capture significant market upside Long-standing customer relationships where we co-create at the architecture-level 26 INDUSTRIAL SOLUTIONS OUTSIZED GROWTH CONVICTION Portfolio
Slide 27: Transportation Solutions
Transportation Solutions Aaron Stucki President TE Connectivity 2025 Investor Day
Slide 28: Globally Positioned for Growth
GLOBALLY POSITIONED FOR GROWTH OUTPERFORMANCE: Growth-over-market through-cycle going forward OPPORTUNITY: Key megatrends driving significant content expansion 28 TRANSPORTATION SOLUTIONS ADVANTAGE: TE is positioned to win with differentiation in our markets
Slide 29: Robust Portfolio Driving Content Growth Along Key Megatrends
Robust Portfolio Driving Content Growth Along Key Megatrends ACROSS THREE BUSINESS UNITS BROADENING OF GROWTH DRIVERS FROM MEGATRENDS $9.4B MID-SINGLE DIGIT ~21% $7.1B $0.9B $1.4B Data Connectivity E-mobility TRANSPORTATION SOLUTIONS Electronification 29 Driving 4-6 points of content growth over the
Slide 30: Delivering Growth Despite Flat Automotive Production
$6.4B $7.9B $9.4B TRANSPORTATION REVENUE & AUTO PRODUCTION VOLUME GROWTH Auto Production Volumes Transportation Revenue Transportation Revenue CAGR Delivering Growth Despite Flat Automotive Production 2015 2019 2025 2030 P TRANSPORTATION SOLUTIONS 30 Mid Single Digit +4% +0% +1% Auto Growth over Mar
Slide 31: Smart & Software Defined Vehicle
SMART & SOFTWARE DEFINED VEHICLE Vehicles Evolving to Far More Than Just Transportation WHAT IS A VEHICLE? Smartphone on wheels Drivable data center Mobile office and theatre Node within a mobile ecosystem Experience pod Advanced Driver Assistance Systems (ADAS) and Infotainment Integration of ADAS
Slide 32: Next-Generation Vehicles Broaden Our Growth
CONTENT-DRIVEN MARKET OUTPERFORMANCE STRONG CONTENT PER VEHICLE (CPV) GROWTH Data Connectivity Electronification E-mobility FUELING 4% to 6% GROWTH OVER MARKET THROUGH 2030 Next-Generation Vehicles Broaden Our Growth 2025-2030 GROWTH CONTRIBUTION BY MEGATREND Vehicle Evolution Driving Increased Cont
Slide 33: Data Connectivity Drives Demand for TE Technology
Growth of Data Applications Drives Demand for TE Technology DATA CONNECTIVITY GROWING HIGH BANDWIDTH DATA CONNECTIVITY APPLICATIONS 33 High Performance High speed to over 20 Gbps Hybrid Innovation Integrate data, signal & power Miniaturization Up to 75% reduced PCB footprint AUTO ICT 2025 to 2030 Da
Slide 34: Video
VIDEO
Slide 35: Case Study: BYD Selects TE for ADAS Data Connectivity
The world’s top-selling electric vehicle company CASE STUDY: BYD Selects TE for ADAS Data Connectivity Across Portfolio The Customer 35 DATA CONNECTIVITY Their Challenge 4.3M vehicles sold in 2024 • Ultra-reliable, real-time high-speed data connectivity and transmission to enable ADAS • Strict vibra
Slide 36: Growing Electronification Content Across All Powertrains
Growing Electronification Content Across All Powertrains 36 NEXT GEN ARCHITECTURE Source: KPIT Computing Hardware (ECUs) Telemetry (OTA, V2X) Cabin & Comfort (Climate, Doors, Acoustics) Electronic Controlled Drive (Throttle, Steer, Brake, Traction) Safety (Airbag, Collision sensors) Central Compute
Slide 37: Case Study: Market Share Increase with New Architecture Solutions
CASE STUDY: Market Share Increase Enabled by New Architecture Solutions 37 ELECTRONIFICATION Zonal architecture improves vehicle functionality and simplified design to enable OEM assembly automation Trend Their Challenge More complex technical requirements at each connection point — bundling and sys
Slide 38: Continued Shift to Electric Powertrains Drives TE Content Growth
38 Continued Shift to Electric Powertrains Drives TE Content Growth E-MOBILITY CONTINUED GROWTH OF E-MOBILITY APPLICATIONS INDUSTRY-LEADING PORTFOLIO AND TECHNOLOGY Direct high-voltage E-drive Ultra-fast charging path EV battery connectors Auxiliary systems POWER TRANSFER PROTECTION SENSORS xEV INCR
Slide 39: Case Study: European OEM Standardizes on TE for HV Solutions
CASE STUDY: Major European OEM Standardizes on TE for HV Solutions 39 E-MOBILITY Major Leading BEV OEM in Europe The Customer Their Challenge Our Solutions End-to-end high-voltage drivetrain connectivity – Ultra-fast, Safe, Global standards The Result Platform penetration with TE as sole supplier &
Slide 40: Strong TE Position in the World's Largest Automotive Market
Strong TE Position and Performance in the World’s Largest Automotive Market CHINA % OF TE AUTO FY25 REVENUE STRONG CONTENT PER VEHICLE (CPV) GROWTH POISED TO GROW WITH CHINESE OEMS AS THEY EXPAND GLOBALLY 2019 2025 $50 $87 OEM Vehicle Sales Outside China 2025 2030 3M 9M Fully Localized Design and Pr
Slide 41: Globally Positioned for Growth
GLOBALLY POSITIONED FOR GROWTH Confidence in 4% to 6% growth-over-market through-cycle going forward 41 TRANSPORTATION SOLUTIONS Balanced set of growth drivers supported by key megatrends, driving significant content opportunities Well positioned to win due to leading market share, strong customer i
Slide 42: Positioned for Our Next Phase of Shareholder Value Creation
Positioned for our next phase of Shareholder Value Creation Heath Mitts CFO TE Connectivity 2025 Investor Day
Slide 43: Positioned for Our Next Phase of Shareholder Value Creation
Consistent operational performance to achieve 30%+ incremental margins and double-digit adjusted EPS growth Strategically positioned our portfolio to achieve strong growth above attractive markets Strong cash generation model and balance sheet flexibility for capital deployment POSITIONED FOR OUR NE
Slide 44: Delivered on Our Business Model
$2.93 $5.97 $9.27 FY13 FY19 FY25 $0.92 $1.80 $2.72 FY13 FY19 FY25 3X EPS ~600bps increase 3X Dividends Per Share Delivered on Our Business Model 44 14.9% 18.3% 20.8% FY13 FY19 FY25 $1.2B $1.6B $3.2B FY13 FY19 FY25 2.5X FCF ADJUSTED EARNINGS PER SHARE ADJUSTED OPERATING MARGIN DIVIDENDS PER SHARE FRE
Slide 45: Multiple Levers for Operating Margin Expansion
Multiple Levers for Operating Margin Expansion 45 • Investing for growth in high-growth platforms • Continue local for local manufacturing strategy • Leverage global planning and logistics capabilities Positioned for Resilient Margins Through Economic Cycles GOING FORWARD, Expect Incremental Margin
Slide 46: Disciplined Approach to M&A
Disciplined Approach to M&A 46 • Strong secular trends drive GDP+ growth rates • Customers value engineering content • Expands addressable market opportunity • Aligned with strategy, why TE is the best owner • Sustainable position with engineering driven moats • Bolt-on that strengthens portfolio •
Slide 47: Examples of Our Successful M&A Process
Examples of Our Successful M&A Process 47 ACQUISITION ATTRACTIVE MARKETS ATTRACTIVE TARGETS STRONG RETURNS • Aligned to high-growth grid hardening trends in North America • Expands energy transmission and distribution TAM ~$2.5B • Deep relationships with US utility customers • US capacity aligned wi
Slide 48: Our Business Model Going Forward
Our Business Model Going Forward Defining the Next Phase of Value Creation 48 6 – 8% 30%+ Double-digit ~1/3 Mid-teens Dividends ~2/3 Revenue Adj. Operating Margin Adjusted EPS Capital Strategy Adjusted ROIC 100%+ FCF Conversion Balancing investments for organic growth with deployment of capital For
Slide 49: Looking Ahead
TE Connectivity 2025 Investor Day Looking Ahead Terrence Curtin CEO
Slide 50: Key Takeaways
Key Takeaways 50 1 Broadening our growth drivers to benefit from secular trends 2 Co-creating with our customers, widening our moat through engineering engagement & operational excellence 3 Global leadership and manufacturing strategy providing resilience through-cycle 4 Margin expansion with double
Slide 51: Break
BREAK
Slide 52: Q&A
Q&A
Slide 53: Additional Information
ADDITIONAL | INFORMATION —
Slide 54: AD&M Provides Mission-Critical Solutions for Air, Sea, Land and Space
54 AD&M Provides Mission-Critical Solutions for Air, Sea, Land and Space AEROSPACE & DEFENSE High-Speed, High-Power Designed-in Solutions Ruggedization + Light Weight More connections | Larger data transfers 56Gb speed | Harsher environments lifetime revenue of next-gen multi-gig $1B ~$450K Content
Slide 55: Enabling the Factory of the Future
55 Enabling the Factory of the Future AUTOMATION & CONNECTED LIVING 1 2 Robotics & Motion Control From $60 Automation Sensors & Controls To $100 From $43 To $85 1 2 Key Trends Driving Growth Content Growth in Automation TOP 3 SUPPLIER FOR GROWING MARKETS Demographics Aging workforce → accelerating a
Slide 56: The Global Leader in Automotive Connectivity
WINNING THROUGH STRONG COMPETITIVE POSITION AND ADVANTAGES The Global Leader in Automotive Connectivity With Drivers to Grow 4-6% Over Vehicle Production 56 APAC EMEA AMERICAS GLOBAL TOTAL CHINA ONLY % OF TE AUTO FY25 REVENUE 50% 33% 17% 100% 35% FY25 CONTENT PER VEHICLE (CPV) ~$65 ~$104 ~$95 ~$80 ~
Slide 57: Commercial Transportation (ICT) ~2x Market Growth
Commercial Transportation (ICT) ~2x Market Growth 2025 - 2030 Leadership Position in Heavy-Duty Trucks, Buses, and Agricultural, Construction and Recreational Vehicles 57 INDUSTRY-LEADING PORTFOLIO SERVING MARKET LEADERS GROWTH TRENDS Terminals & Connectors Sensors Cable Assembly Switches Relays & C
Slide 58: Appendix
APPENDIX
Slide 59: Non-GAAP Financial Measures
Non-GAAP Financial Measures 59 We present non-GAAP performance and liquidity measures as we believe it is appropriate for investors to consider adjusted financial measures in addition to results in accordance with accounting principles generally accepted in the U.S. (“GAAP”). These non-GAAP financia
Slide 60: Non-GAAP Financial Measures
Non-GAAP Financial Measures 60 • Adjusted Earnings Per Share – represents diluted earnings per share from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible
Slide 61: Reconciliation for Year Ended September 26, 2025
Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Year Ended September 26, 2025 61 Operating income: Transportation Solutions $ 1,818 $ — $ 75 $ 70 $ — $ 1,963 Industrial Solutions 1,393 57 51 120 — 1,621 Total $ 3,211 $ 57 $ 126 $ 190 $ — $ 3,584 Operating margin 18.6
Slide 62: Reconciliation for Year Ended September 27, 2019
Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Year Ended September 27, 2019 62 Operating income $ 1,978 $ 47 $ 255 $ 177 $ — $ 2,457 Operating margin 14.7 % 18.3 % Income tax (expense) benefit $ 15 $ (9) $ (61) $ (34) $ (291) $ (380) Effective tax rate (0.8) % 15.8
Slide 63: Reconciliation for Year Ended September 27, 2013
Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures for the Year Ended September 27, 2013 63 Operating income $ 1,385 $ 14 $ 222 $ 80 $ — $ 1,701 Operating margin 12.2 % 14.9 % Other income (expense), net $ (183) $ — $ — $ — $ 213 $ 30 Income tax (expense) benefit $ 75 $ (5) $ (
Slide 64: Reconciliation of Free Cash Flow
Reconciliation of Free Cash Flow 64 Net cash provided by operating activities: Net cash provided by continuing operating activities $ 4,139 $ 2,454 $ 1,775 Net cash provided (used) by discontinued operating activities — (32) 271 4,139 2,422 2,046 Net cash used in investing activities (3,568) (692) (
Slide 65: Free Cash Flow Conversion
Free Cash Flow Conversion 65 Free cash flow (1) $ 3,214 Adjusted income from continuing operations (1) $ 2,772 Free cash flow conversion (1) 115.9 % (1) See description of non-GAAP financial measures. ($ in millions) Ended For the Year September 26, 2025