Analyst Information

Firm	Analyst	Phone	E-Mail
BofA Merrill Lynch	Ruplu Bhattacharya	646-855-0315	ruplu.bhattacharya@bofa.com
Edgewater Research	Nik Todorov	216-206-6103	nik@edgewaterrc.com
Goldman Sachs	Toshiya Hari	646-446-1759	toshiya.hari@gs.com
Raymond James	Melissa Fairbanks	727-567-1081	melissa.fairbanks@raymondjames.com
Stifel	Matt Sheerin	212-271-3753	msheerin@stifel.com
Truist Securities	William Stein	212-319-3808	william.stein@truist.com
Wells Fargo Securities	Joe Quatrochi	314-875-2055	joe.quatrochi@wellsfargo.com

Arrow Electronics is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Arrow Electronics's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Arrow Electronics or its management. Arrow Electronics does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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Arrow Electronics

Investor Relations 9151 East Panorama Circle
Centennial, CO 80112
(720) 654-9893
investor@arrow.com

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Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, Arrow Electronics also discloses certain non-GAAP results of operations, including net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-GAAP information provides investors with additional information to assess Arrow Electronics' operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Management uses this non-GAAP information, along with GAAP information, in evaluating its historical operating performance.

The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.

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