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đ ŏ Invest aggressively and for the long-term in emerging markets:  We are especially strong across the globe in our Transportation Solutions segment and have solid businesses in the Industrial Solutions and Network Solutions segments. In the past year, our Consumer Solutions segment relocated its base to China in order to strengthen our position in this industry. Across our segments, we have 2,300 engineers in emerging markets and now have strong design capabilities in all our key high-growth markets. 

đ ŏ Reshape our manufacturing and supply chain footprint and reduce our fixed costs:  In 2013, we invested significantly in restructuring to continue to balance our footprint with future demand. These actions are substantially complete and, as a result, we are a much more efficient company. 

Looking ahead, I am bullish about the prospects for TE in fiscal 2014 and beyond. Our leadership position at the heart of the rapid growth of electronics should enable us to achieve 

## TE SEGMENTS 

TE operates through four reporting segments aligned to our strategy and vertical markets. 

organic sales growth of five to seven percent over the long-term. The significant operational improvements we have made should enable us to deliver consistent double-digit earnings growth and continue to generate free cash flow in excess of 10 percent of sales. Our financial strength enables us to continue to increase our investments in technology, make strategic acquisitions and consistently return capital to our shareholders. 

In closing, I would like to thank our employees around the world for their continued commitment to our customers, the communities we serve, and for making TE an even better company. I look forward to a strong fiscal 2014 and thank you for your continued support. 

Tom Lynch 

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January 7, 2014 

See Non-GAAP Measures for adjusted earnings per share, free cash flow, adjusted operating margin, and organic sales growth descriptions and reconciliations. 

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FY13 Sales 

