FOURTH QUARTER

& F I S C A L Y E A R 2 0 2 2 R E S UL T S

5TH ANNUAL
INVESTOR BRIEFING
Our strategy, Our path, Our outlook

BUSINESS CONFIDENTIAL / ©Jabil Inc. 2022. All Rights Reserved.

 TODAY’S AGENDA
• Welcome and Jabil Overview

• End-market Update

• 4th Quarter and FY 2022 Results

• FY 2023 Outlook

• Capital Allocation Framework Update

BUSINESS CONFIDENTIAL / ©Jabil Inc. 2022. All Rights Reserved.
Forward Looking Statement

Forward Looking Statements: This presentation contains forward-looking statements, including those regarding our anticipated financial results for the fourth
quarter and full fiscal year 2022; our guidance for future financial performance in our first quarter of fiscal year 2023 (including, net revenue, segment revenue, U.S.
GAAP operating income, U.S. GAAP diluted earnings per share, core operating income (Non-GAAP), core diluted earnings per share (Non-GAAP), net interest
expense, and core tax rate (non-GAAP) and the components of each); our guidance for future financial performance in full fiscal year 2023 (including, segment
revenue, end market revenue, total revenue, segment core operating margin, net revenue, core operating income, core operating income margin, core
earnings per share, free cash flow, net capex, core EBITDA, adjusted free cash flow and free cash flow conversion, and the components and drivers of each); our
outlook for secular trends, the future components of our expected capital structure and allocation, as well as our estimates for total addressable market size and
our sustainability goals, including our expectations for greenhouse gas reduction. The statements in this presentation are based on current expectations, forecasts
and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from our current expectations. Such factors
include, but are not limited to: our determination as we finalize our financial results for the fourth quarter and full fiscal year 2022 that our financial results and
conditions differ from our current preliminary unaudited numbers set forth herein; the scope and duration of the COVID-19 outbreak and its impact on our
operations, sites, customers and supply chain; managing growth effectively; our dependence on a limited number of customers; competitive challenges
affecting our customers; managing rapid declines or increases in customer demand and other related customer challenges that may occur; risks arising from
relationships with emerging companies; changes in technology; our ability to introduce new business models or programs requiring implementation of new
competencies; competition; transportation issues; our ability to maintain our engineering, technological and manufacturing expertise; retaining key personnel;
our ability to purchase components efficiently and reliance on a limited number of suppliers for critical components; risks associated with international sales and
operations, including geopolitical uncertainty in Russia and Ukraine; our ability to achieve expected profitability from acquisitions; risk arising from our restructuring
activities; issues involving our information systems, including security issues; regulatory risks (including the expense of complying, or failing to comply, with
applicable regulations; risk arising from design or manufacturing defects; and intellectual property risk); financial risks (including customers or suppliers who
become financially troubled; turmoil in financial markets; tax risks; credit rating risks; risks of exposure to debt; currency fluctuations; energy prices; and asset
impairment); changes in financial accounting standards or policies; and risk of natural disaster, climate change or other global events. Additional factors that
could cause such differences can be found in our Annual Report on Form 10-K for the fiscal year ended August 31, 2021 and our other filings with the Securities
and Exchange Commission. We assume no obligation to update these forward-looking statements.

3
Jabil FY 2022 | Our Foundation is Solid

FY22 FINANCIAL HIGHLIGHTS DEDICATED END MARKETS

$33.5B Net Revenue

5G WIRELESS
MOBILITY & CLOUD PACKAGING
4.6% Core Margin1

$7.65 Core Diluted EPS1 DIGITAL PRINT NETWORKING

& RETAIL AND STORAGE HEALTHCARE
$810M Free Cash Flow1
INDUSTRIAL AUTOMOTIVE & CONNECTED
& SEMI-CAP TRANSPORT DEVICES
RETURNING CASH TO SHAREHOLDERS
OUR PROFILE
$696M Share Repurchases

$48M Dividends
100+
SITES LOCATED STRATEGICALLY
260K+
DEDICATED, BEST IN THE
50M+
SQUARE FEET OF
$744M Shareholder Return INDUSTRY EMPLOYEES
AROUND THE WORLD MANUFACTURING SPACE

1 See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

4
Global Operations Enable Localized Manufacturing

100+ SITES LOCATED AROUND THE WORLD

ASIA
Bandung Gotemba Penang Singapore
Beijing Hajioji Pune Taichung GLOBAL HEADQUARTERS
Changhua Ho Chi Minh Shanghai Tianjin ST. PETERSBURG, FL
Chengdu Hsinchu City Shenzhen Weihai
Deqing Huangpu Suzhou

EUROPE & MIDDLE EAST

Balsthal Hägendorf Kwidzyn Misgav Uzhgorod
Bettlach Hasselt Livingston Nagyigmand Venray
Bray Jena Le Locle Raron Vienna
Grenchen Kharkiv Marcianise Tiszaújváros Waterford
Haifa Knittlingen Mezzovico Tortosa

LATIN AMERICA NORTH AMERICA

Belo Horizonte Manaus Santo Domingo Albuquerque Austin Clinton Gurnee Maple Grove Mount Pleasant St. Petersburg
Chihuahua Monterrey Tijuana Anaheim Burlington Devens Hanover Park McLean Ottawa Waltham
Guadalajara Valihnos Torres Asheville Cayey Florence Horseheads Mebane Pleasanton Westchester
Juarez San Cristobal Atlanta Chaska Fremont Lexington Memphis San Jose
Auburn Hills Chicago Grand Junction Livermore Monument Seattle

5
Intentional Diversified Growth | Key End-Markets

REVENUE Digital Print

(In billions) Mobility
& Retail

Industrial &
Semi-Cap
11%
CAGR
$33.5
$29.3 Healthcare &

$33.5B
$27.3 Packaging
$25.3
$22.1
5G Wireless
R E V E N U E & Cloud
F Y 2 2

Connected
Devices
Networking &
FY18 FY19 FY20 FY21 FY22 Storage
Automotive &
Transportation

6
 End-Market: Automotive & Transport
ADAS/AUTONOMOUS
Short-term: emergency braking, lane departure, etc.
AUTO & TRANSPORT Long-term: hands, eyes & brain-off driving

FY18-22 Revenue CONNECTIVITY

Growth: 121% Remote diagnostics, over the air updates,
V2X, V2I, V2V, self parking, etc.
ADAS Camera Display Modules Combiner HUD Kinematics
Park Assist TAM: $229B
LiDAR Driver Information Windshield HUD Optics
Driver Monitoring Cameras ELECTRIFICATION
Domain Compute Increasing electrification of the powertrain from mild HEV’s
RADAR to full HEV’s, PHEV’s and EV’s, charging infrastructure

Charging Cable
Charging Station
Battery Monitoring

Telematics Control Unit Inverter External Charger

V2X Communication DCDC Converter
Gateway Module On-Board Charging
Surround View Cameras

7
End-Market: 5G Wireless & Cloud

CLOUD NATIVE
PLATFORMS
Edge Compute

Enterprise App Migration

NEW & EXCITING 5G WIRELESS
WORKLOADS & CLOUD
AI / ML
FY18-22 Revenue
Growth: 150%
TAM: $88B
MOBILE &
DIGITAL LIFE
Internet of Things (IoT)

8
End-Market: Healthcare

HOSPITAL &
URGENT CARE
Aging Population

PHARMACY & HEALTHCARE &

CLINICS PACKAGING

Point of Care Solutions FY18-22 Revenue

Growth: 108%
TAM: $577B
IN HOME
Personalized Medicine

Patient Administered

9
End-Market: Industrial & Semi-cap

CAPITAL
EQUIPMENT
Trends Will Continue to Spur Demand

Increased precision and global

INDUSTRIAL &
CLEAN implementation
SEMI-CAP
TECHNOLOGY
Microgrids 18-22 Revenue
Shifting use Patterns
Growth: 43%
TAM: $521B ENERGY STORAGE
SYSTEMS
Intelligent Grid Management

Utility-scale Battery Market Growing

10
Our Portfolio
Revenue by End-Markets

DIVERSIFIED MANUFACTURING ELECTRONICS MANUFACTURING

FY18 – FY22 FY18 – FY22
$ in billions FY18 FY22 Growth $ in billions FY18 FY22 Growth

Auto & Transportation $1.4 $3.1 121% Digital Print & Retail $2.1 $3.1 48%

Healthcare & Packaging $2.4 $5.0 108% Industrial & Semi-Cap $2.8 $4.0 43%

Connected Devices $4.0 $4.7 18% 5G Wireless & Cloud $2.6 $6.5 150%

Mobility $4.0 $3.9 (3%) Networking & Storage $2.8 $3.1 11%

Total Revenue $11.8 $16.7 42% Total Revenue $10.3 $16.7 62%

DMS Core Margin* 3.6% 4.9% EMS Core Margin* 3.3% 4.3%

* Core margin defined as core operating income divided by net revenue │Numbers may not foot due to rounding

11
Fourth Quarter
Income Highlights

THREE MONTHS ENDED

AUGUST 31,
(In millions, except for per share data) 2022 2021
Net revenue $9,030 $7,409

U.S. GAAP operating income $409 $265

U.S. GAAP net income $315 $175

U.S. GAAP diluted earnings per share $2.25 $1.16

Core operating income (non-GAAP)1 $447 $314

Core earnings (non-GAAP)1 $329 $216

Core diluted earnings per share (non-GAAP)1 $2.34 $1.44

1 See U.S. GAAP to non-GAAP reconciliation in appendix.

12
Fourth Quarter Segment Results
Income Highlights

DIVERSIFIED MANUFACTURING SERVICES (DMS)

▪ Net Revenue Increase of 12.6%
▪ Core margin* (non-GAAP) of 5.1%

ELECTRONICS MANUFACTURING SERVICES (EMS)

EMS
$9.0B DMS
▪ Net Revenue Increase of 32.3%
51% REVENUE 49%
▪ Core margin* (non-GAAP) of 4.8%

TOTAL COMPANY
▪ Net Revenue Increase of 21.9%
▪ Core margin* (non-GAAP) of 5.0%

* Core margin defined as core operating income divided by net revenue │ See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

13
 FINANCIAL &
BUSINESS UPDATE
FY22 Results
End-Market Outlook
Supply Chain Update

MIKE DASTOOR
FY23 Guidance
CHIEF FINANCIAL OFFICER

14
Shareholder Focus
Financial
Financial Priorities
Priorities
Shareholder Focus

EXPAND INCREASE GENERATE

OPERATING EARNINGS STRONG CASH
MARGINS PER SHARE FLOWS

ALIGNED & FOCUSED ON DRIVING CONSISTENT CASH FLOWS & PROFITABILITY

15
FY22
Income Highlights

FISCAL YEAR ENDED

AUGUST 31,
(In millions, except for per share data)
2022 2021
Net revenue $33,478 $29,285

U.S. GAAP operating income $1,393 $1,055

U.S. GAAP net income $996 $696

U.S. GAAP diluted earnings per share $6.90 $4.58

Core operating income (non-GAAP)1 $1,543 $1,241

Core earnings (non-GAAP)1 $1,105 $853

Core diluted earnings per share (non-GAAP)1 $7.65 $5.61

1 See U.S. GAAP to non-GAAP reconciliation in appendix.

16
Our Portfolio
Revenue by End-Markets

DIVERSIFIED MANUFACTURING ELECTRONICS MANUFACTURING

$ in billions FY21 FY22 $ in billions FY21 FY22

Auto & Transportation $2.2 $3.1 Digital Print & Retail $2.3 $3.1

Healthcare & Packaging $4.5 $5.0 Industrial & Semi-Cap $3.4 $4.0

Connected Devices $4.5 $4.7 5G Wireless & Cloud $5.3 $6.5

Mobility $4.2 $3.9 Networking & Storage $2.8 $3.1

Total Revenue $15.4 $16.7 Total Revenue $13.9 $16.7

DMS Core Margin* 4.8% 4.9% EMS Core Margin* 3.7% 4.3%

* Core margin defined as core operating income divided by net revenue │Numbers may not foot due to rounding │ See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

17
Strong Cash Flow & Disciplined Investment

($ millions)

$1,651
$1,600
$1,433
$1,400
$1,193 $1,257
$1,200

$1,000
$796 $841
$800
$787 $793
$600

$400

$200

$0

FY19 FY20 FY21 FY22

Cash Flow from Operations Net CapEx

Net capex1 as a % of
net revenue
3.1% 2.9% 2.7% 2.5%

1 See U.S. GAAP to non-GAAP reconciliation in appendix and U.S. GAAP to non-GAAP definitions located at https://investors.jabil.com/

18
FY22
Net Capex

FY22 Net Capex

($ millions)

Fiscal Year Ended

August 31, 2022

Acquisition of property, plant and equipment ($1,385)

Proceeds and advances from sale of property, plant and equipment $544

Net Capex1 ($841)

1See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

19
Consistent Shareholder Return

CUMULATIVE SHAREHOLDER RETURN SHARE COUNT

(millions)
FY13 – FY22
Share Repurchases 220
Dividends

200 33%
reduction

180

160
203
$3.6B 140
194 192 187
178
165
154 150
120 144
135

100
FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22

See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

20
Driving Consistent Cash Flows & Profitability

CORE OP INCOME & CORE MARGIN1 CORE EPS1 FREE CASH FLOW1
(In millions)
$1,543 (In millions) $810
$7.65
$640
$1,241
$5.61 $503
4.6% $461
$877 $864 4.2%
$768 $2.98 $247
$2.62 $2.90
3.5% 3.5%
3.2%

FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22
FY18 FY19 FY20 FY21 FY22

1 See U.S. GAAP to non-GAAP reconciliation in appendix and U.S. GAAP to non-GAAP definitions located at https://investors.jabil.com/

21
High Technology. High Growth.
Secular Trends Driving Growth Across Multiple End-Markets

ENERGY EV REVOLUTION CLOUD & 5G DIGITAL

TRANSFORMATION INFRASTRUCTURE HEALTHCARE

22
Continued Mix Shift in Targeted Areas
Revenue by End-Markets

FY23E DMS REVENUE MIX

$ in billions FY22 FY23E Y/Y1

Auto & Transportation $3.1 $4.0 29% Healthcare & Connected

Packaging Devices
30% 25%
Healthcare & Packaging $5.0 $5.3 6%

Connected Devices $4.7 $4.3 (9%)

$17.4B
Mobility $3.9 $3.8 (3%) REVENUE

Total Revenue $16.7 $17.4 4%

Auto &
DMS Core Margin2 4.9% 5.1% Mobility
Transportation 22%
23%

1 Growth rates rounded. │2 Core margin defined as core operating income divided by net revenue │ See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

23
 Continued Mix Shift in Targeted Areas
Revenue by End-Markets

FY23E EMS REVENUE MIX

$ in billions FY22 FY23E Y/Y1

Digital Print & Retail $3.1 $3.2 3% Networking

& Storage
5G Wireless & 19%
Industrial & Semi-Cap $4.0 $4.3 8% Cloud
37%

5G Wireless & Cloud $6.5 $6.3 (3%)2

$17.1B
Networking & Storage $3.1 $3.3 6% REVENUE
Digital Print
& Retail
Total Revenue $16.7 $17.1 2% 19%

EMS Core Margin3 4.3% 4.5%

Industrial &
Semi-cap
25%

1 Growth rates rounded. │2 In FY23 cloud continued transitioning to a consignment model │ 3 Core margin defined as core operating income divided by net revenue │ See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

24
 Continued Mix Shift in Targeted Areas
Revenue by End-Markets

$ in billions FY22 FY23E Y/Y1 $ in billions FY22 FY23E Y/Y1

Auto & Transportation $3.1 $4.0 29% Digital Print & Retail $3.1 $3.2 3%

Healthcare & Packaging $5.0 $5.3 6% Industrial & Semi-Cap $4.0 $4.3 8%

Connected Devices $4.7 $4.3 (9%) 5G Wireless & Cloud $6.5 $6.3 (3%)2

Mobility $3.9 $3.8 (3%) Networking & Storage $3.1 $3.3 6%

Total DMS Revenue $16.7 $17.4 4% Total EMS Revenue $16.7 $17.1 2%

DMS Core Margin3 4.9% 5.1% EMS Core Margin3 4.3% 4.5%

1 Growth rates rounded. │2 In FY23 cloud continued transitioning to a consignment model │ 3 Core margin defined as core operating income divided by net revenue │ See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

25
Continued Mix Shift in Targeted Areas
Driving Margin Expansion

Core Operating Income & Margin1 Core Operating Income

($ millions)
Margin Drivers
$1,640
$1,543 1. Growth in higher-margin end-
$1,241 markets

$877 $864 4.8% 2. Continued digitization and

4.6%
4.2% innovations of our factory
network
3.5%
3.2%

FY19 FY20 FY21 FY22 FY23E

Core Operating Income Core Operating Margin

1 See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

26
Net Capex
Disciplined Investment

Net Capex1 Disciplined Investments

($ millions) Aligned with Profitable Growth

$841 $875 1. Growth in secular end-

$787 $796 $793 markets

3.1%
2. Innovation:
2.9%
2.7% • Factory digitization and
2.5% 2.5%
automation
• Engineering capabilities
FY19 FY20 FY21 FY22 FY23E
• Supply chain tools and
Net Capex Net CapEx % of Revenue
capabilities

1 See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

27
Solid Liquidity Profile
Consistent Free Cash Flow Generation

CORE EBITDA1 Free Cash Flow1

Drivers of Future ($ billions)
($ millions)

Free Cash Flow

$2.6 $900+
$2.4
$810
$2.1
1. Earnings expansion $640
$1.6 $1.6
2. Working capital efficiencies $503 $461

3. Disciplined investment

FY19 FY20 FY21 FY22 FY23E FY19 FY20 FY21 FY22 FY23E

1 See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

28
 Financial Flexibility
Solid Capital Structure

($ in millions)
Financial Strength
3,000
1. Balance sheet debt of $2.9B, as
2,500 of August 31, 2022
2,000 2. Credit Agency
Ratings/Outlook2
1,500

• Moody’s: Baa3 / Stable

1,000
• S&P: BBB- / Stable
500
• Fitch: BBB- / Positive
-
2023 2024 2025 2026 2027 2028 2029 2030 2031
FULLY COMMITTED TO MAINTAINING
Sr. Note & Private Placements Securitization Revolver capacity1
INVESTMENT GRADE PROFILE
Note: Years reflect calendar year. All other slides reflect fiscal years (September to August).
1 Undrawn capacity as of August 31, 2022.
2 A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time. Each credit rating should be evaluated independently of any other credit rating.

29
Capital Allocation Framework
$1 Billion Share Repurchase Authorization

CASH FLOW FROM OPERATIONS

NET CAPEX

FREE CASH FLOW

DEBT OPTIMIZATION SHARE REPURCHASES

& M&A & DIVIDENDS
~ 20% ~ 80%

VALUE CREATION FOR OUR SHAREHOLDERS

30
First Quarter FY23
Guidance

Segment Revenue Guidance Q1 FY22 Q1 FY23E YoY Change

▪ Diversified Manufacturing Services $4.7B $4.8B Increase 2%

▪ Electronics Manufacturing Services $3.9B $4.5B Increase 15%

Consolidated Guidance Q1 FY23E

Net revenue $9.0 - $9.6
U.S. GAAP operating income $367M - $427M
U.S. GAAP diluted earnings per share $1.65 - $2.05
Core operating income (non-GAAP)1 $415M - $475M
Net interest expense2 EMS $56M - $60M
Core tax rate (non-GAAP)3 19%

Core diluted earnings per share (non-GAAP)1 $2.00 - $2.40

1 See U.S. GAAP to non-GAAP reconciliation on Form-8K filed on September 27, 2022.
2 Net interest expense = interest expense + loss on sale of AR - interest income
3 The core tax rate (non-GAAP) is a normalized annual income tax rate with regard to core earnings. See U.S. GAAP to non-GAAP definitions located at https://investors.jabil.com/

31
Our Outlook
The Momentum Continues

CORE OP INCOME & CORE OP MARGIN1 CORE EPS1 FREE CASH FLOW1
(In millions) $1,640 (In millions)
$900+
$1,543
$8.15 $810
$7.65
$1,241 $640
4.8% $5.61
4.6% $503
$877 $461
$864 4.2%
$2.98 $2.90
3.5%
3.2%

FY19 FY20 FY21 FY22 FY23E FY19 FY20 FY21 FY22 FY23E
FY19 FY20 FY21 FY22 FY23E

$8.15 $900+
4.8%
CORE OPERATING MARGIN CORE EPS FREE CASH FLOW

1 See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

32
 BUSINESS UPDATE

MARK MONDELLO
CHAIRMAN AND
CHIEF EXECUTIVE OFFICER

33
Our People
Jabil’s Most Valued Differentiator

34
Jabil
Construct and Pedigree

OUR APPROACH

OUR SOLUTIONS

OUR PORTFOLIO

OUR OUTLOOK

35
Our Approach
A more Diverse, Equitable and Inclusive Jabil

Each and every Jabil employee will be treated with dignity and
respect, while always being their True Self.

36
Our Approach
ESG and Sustainability

50% REDUCTION IN GREENHOUSE GAS EMISSIONS

BY FY30
ACHIEVE 30% LANDFILL DIVERSION
ESTABLISH WELL-BEING
PROGRAMS AT ALL
MANUFACTURING SITES
GLOBAL
REDUCTION OF
ACQUIRED OR
PURCHASED ONE MILLION
WATER VOLUNTEER
COMPREHENSIVE TRAINING
HOURS IN CALENDAR
ON MENTAL HEALTH
YEAR 2022

37
Our Approach
One Million Volunteer Hours

38
Our Solutions
Enabled by Structure, Investments, Customers

Digital Print Industrial & 5G Automotive Connected

Mobility Operations Cloud Healthcare Packaging
& Retail Semi-cap Wireless & Transport Devices

JABIL PLATFORM
COLLABORATION EXECUTION
COMMON & CONNECTED PROCESSES, DATA & INFRASTRUCTURE OBSESSION
SUPPLY CHAIN
ENGINEERING MANUFACTURING
MANAGEMENT

At our Core ‘We Build Stuff’

39
Our Portfolio
Critical and Trusted Partner
Digital Print
Mobility
& Retail

Industrial &
Semi-Cap
Healthcare &
Packaging

REVENUE
F Y 2 3 E
5G Wireless
& Cloud
Connected
Devices

Automotive & Networking &

Transportation Storage

40
 Our Portfolio
Intentionally Diversified and Evermore Resilient

5-YR 5-YR
$ in billions FY18 FY23E CAGR1 $ in billions FY18 FY23E CAGR1

Auto & Transportation $1.4 $4.0 23% Digital Print & Retail $2.1 $3.2 9%

Healthcare & Packaging $2.4 $5.3 17% Industrial & Semi-Cap $2.8 $4.3 9%

Connected Devices $4.0 $4.3 1% 5G Wireless & Cloud2 $2.6 $6.3 19%

Mobility $4.0 $3.8 (1%) Networking & Storage $2.8 $3.3 3%

Total Revenue $11.8 $17.4 8% Total Revenue $10.3 $17.1 11%

Core Margin3 3.6% 5.1% Core Margin3 3.3% 4.5%

1 Growth rates rounded. │2 In FY23 cloud continued transitioning to a consignment model │ 3 Core margin defined as core operating income divided by net revenue │ See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

41
Our Outlook
Credible FY23 Financial Plan

NET REVENUE CORE OP MARGIN CORE EPS FREE CASH FLOW

$34.5 $8.15 $900+

BILLION
4.8% MILLION

MANAGEMENT’S OUTLOOK FOR FY23

See U.S. GAAP to non-GAAP definitions located at https://investors.jabil.com/

42
 Our Outlook
What We’re Doing is Working

REVENUE CORE OP INCOME1 CORE EPS1

(In billions) (In millions)

~10% ~15% ~25%

CAGR CAGR CAGR

$33.5 $34.5 $1,543

$1,640
$29.3 $7.65 $8.15
$27.3 $1,241
$25.3 $5.61
$22.1
$877 $864
$768 $2.62 $2.98 $2.90

FY18 FY19 FY20 FY21 FY22 FY23E FY18 FY19 FY20 FY21 FY22 FY23E FY18 FY19 FY20 FY21 FY22 FY23E

1 Growth rates rounded│See U.S. GAAP to non-GAAP definitions and reconciliations located at https://investors.jabil.com/

43
Our Purpose
We Strive to Make a Difference

44
Our Path Forward
Trust and Belief in our Team

• Our Unique combination of Approach, Structure and Experience

• Our Confidence in our ability to Execute, combined with our Engineering Expertise

• Our Financial Outlook being grounded in Rationale Assumptions

• Our Commitment to returning Capital to Shareholders

45
THANK YOU

46
APPENDIX
GAAP to Non-GAAP
Reconciliations
 JABIL INC. AND SUBSIDIARIES
OPERATING INCOME, EBITDA and NET INCOME NON-GAAP RECONCILIATION
(in millions, except for per share data)
(Unaudited)
Three Months Ended Fiscal Year Ended
August 31, 2022 August 31, 2021 August 31, 2022 August 31, 2021
Operating income (U.S. GAAP) $ 409 $ 265 $ 1,393 $ 1,055
Amortization of intangibles 10 12 34 47
Stock-based compensation expense and related charges 14 26 81 102
Restructuring, severance and related charges 18 4 18 10
Net periodic benefit cost (4) 7 17 24
Business interruption and impairment charges, net — — — (1)
Acquisition and integration charges — — — 4
Adjustments to operating income 38 49 150 186
Core operating income (Non-GAAP) $ 447 $ 314 $ 1,543 $ 1,241
Core operating income (Non-GAAP) $ 447 $ 314 $ 1,543 $ 1,241
Depreciation expense 224 219 891 828
Core EBITDA (Non-GAAP) $ 671 $ 533 $ 2,434 $ 2,069
Net income attributable to Jabil Inc. (U.S. GAAP) $ 315 $ 175 $ 996 $ 696
Adjustments to operating income 38 49 150 186
Loss on debt extinguishment — — 4 —
Gain on securities — — — (2)
Net periodic benefit cost 4 (7) (17) (24)
Adjustments for taxes (28) (1) (28) (3)
Core earnings (Non-GAAP) $ 329 $ 216 $ 1,105 $ 853
Diluted earnings per share (U.S. GAAP) $ 2.25 $ 1.16 $ 6.90 $ 4.58
Diluted core earnings per share (Non-GAAP) $ 2.34 $ 1.44 $ 7.65 $ 5.61
Diluted weighted average shares outstanding (U.S. GAAP and Non-GAAP) 140.3 150.1 144.4 152.1