Specialized Disclosure Report (Form SD)

CONFLICT MINERALS REPORT

For the Reporting Period from January 1 to December 31, 2025

Introduction

This Conflict Minerals Report of Avnet, Inc. for the calendar year 2025 ("Report") is filed May 28, 2026, as an exhibit to the Company's Form SD, as required under Rule 13p-1 of the Securities Exchange Act of 1934 (the "Conflict Minerals Rule"). The Report is posted on the Company's website at https://www.avnet.com/wps/portal/us/about-avnet/human-rights/conflict-minerals. Other information available through the Company's website is not part of this Report.

References to "the Company," "Avnet," "we," "our," or "us" means Avnet, Inc. and its subsidiaries, except where the context otherwise requires.

Applicability of the Conflict Minerals Rule to Avnet

Avnet is a global distributor of electronic components. It markets, sells, and distributes electronic components from the world's leading electronic component manufacturers, including semiconductors, IP&E components (interconnect, passive and electromechanical), and other integrated and embedded components; and distributes a comprehensive portfolio of kits, tools, industrial automation components, and test and measurement products. It also provides embedded solutions, such as technical design, integration and assembly of embedded products, systems, and solutions; provides integrated solutions for embedded display solutions, such as touch and passive displays; and develops and produces standard board, industrial subsystems, and application-specific devices.

The Conflict Minerals Rule requires that the Company disclose information regarding any conflict minerals that are "necessary to the functionality or production" of any product that it manufactures or contracts to be manufactured. The Securities and Exchange Commission ("SEC") defines conflict minerals as columbite-tantalite (coltan), cassiterite, gold, wolframite, or their derivatives, which are limited to tantalum, tin, and tungsten (collectively, "CMs"). CMs are used in many electronic components and computer products. The Democratic Republic of Congo and its adjoining countries have extensive reserves of CMs, some of which are illegally sourced and traded by armed groups who are responsible for significant human rights violations. The purpose of the Conflict Minerals Rule is to encourage companies whose products contain CMs to source from suppliers who do not directly or indirectly support such armed groups through their purchasing decisions. The term CM refers to the named minerals and their derivatives and does not imply that the procurement of such minerals or derivatives directly or indirectly financed or benefitted armed groups in the Democratic Republic of Congo or an adjoining country.

Avnet's revenues for 2025 were largely from distribution and other services that were not in-scope for purposes of compliance with the Conflict Minerals Rule. However, during 2025, it manufactured or contracted to manufacture certain products that include CMs (collectively, "Covered Products"). Therefore, the Company conducted a reasonable country of origin inquiry ("RCOI"), in good faith, to determine whether any of the CMs in the Covered Products: (1) originated in the Democratic Republic of Congo or an adjoining country, including Angola, Burundi, Central African Republic, Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda and Zambia (collectively, the "Covered Countries"); or (2) are from recycled or scrap sources. Please see "Conflict Minerals Program - Reasonable Country of Origin Inquiry" for more information on the RCOI.

The Company conducted further due diligence on the source and chain of custody of such CMs that conformed, in all material respects, to an internationally recognized due diligence framework as required by the Conflict Minerals Rule. Please see "Conflict Minerals Program - Design of Conflict Minerals Program" for more information on the design of the due diligence program and "Conflict Minerals Program - Due Diligence Efforts" for more information on the due diligence conducted.

Avnet is a downstream consumer of CMs. It does not purchase the CMs contained in its Covered Products directly from mines, smelters, or refiners and is generally many levels removed from such market participants. Through the efforts described in this Report, Avnet seeks to ensure that its sourcing practices are consistent with its Responsible Minerals Sourcing Policy and to encourage conflict-free sourcing in its supply chain.

Responsible Minerals Sourcing Policy

Avnet is committed to responsible sourcing of CMs and promotes traceability of CMs and transparency of its global supply chain. It supports the efforts of the Responsible Business Alliance's ("RBA") due diligence and reporting processes that seek to ensure supply-chain transparency, including through its engagement of Assent, a third-party service provider that is a member of RBA's Responsible Minerals Initiative ("RMI"). In addition, the Company has actively engaged with its customers and suppliers for several years with respect to the use of CMs. It has also adopted a Responsible Minerals Sourcing Policy, which has been communicated to Avnet's suppliers and the public. The Responsible Minerals Sourcing Policy is below:

Avnet, Inc., including its subsidiaries (collectively "Avnet"), is committed to source minerals responsibly and avoid sourcing minerals that contribute to armed conflict or human rights abuses in conflict affected and high-risk areas (CAHRAs), including the Democratic Republic of Congo (DRC) or adjoining countries. Avnet's approach is to promote the traceability and transparency of supply chains and move towards a conflict-free global supply chain.

Avnet supports the aims of the Responsible Business Alliance's Responsible Minerals Initiative (RMI) to identify, reduce and eventually eliminate the use of conflict minerals that finance or benefit conflict or human rights violations, and the Responsible Minerals Assurance Process (RMAP) to validate responsible sources. Avnet encourages its suppliers to likewise support such efforts. "Conflict minerals" include tantalum, tin, tungsten and gold, which are used in many electronic components and computer products.

Under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the U.S. Securities and Exchange Commission ("SEC") rules, Avnet is required to annually report on Form SD whether products it manufactures or contracts to manufacture contain conflict minerals necessary to the functionality or production of the products, which have been sourced from mines in the DRC or adjoining countries ("covered products"). Revenue from the mining and trade of conflict minerals from the DRC or adjoining countries is believed to finance or benefit armed groups that are responsible for human rights violations.

Avnet is a global technology distributor and solutions provider. To a very limited extent Avnet manufactures or contracts to manufacture products, some of which are covered products. However, Avnet is a downstream consumer of conflict minerals. It does not purchase directly from mines, smelters or refiners and is many levels removed from such market participants. Avnet endeavors to avoid purchasing products containing conflict minerals sourced from CAHRAs that directly or indirectly finance or benefit armed groups, while minimizing unintended consequences of de facto embargoes for conflict-free mines. Avnet also expects its suppliers to source minerals only from responsible sources.

Avnet annually conducts a reasonable country of origin inquiry (RCOI) and due diligence that aligns with the Organisation for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (OECD Framework). As a downstream consumer, Avnet expects its suppliers to provide proper verification of the country of origin and source of the conflict minerals used in the products they supply to Avnet, utilizing the most current Conflict Minerals Reporting Template (CMRT) developed by RMI. Avnet also encourages its suppliers to adopt similar policies, due diligence frameworks, and management systems with respect to responsible minerals sourcing to drive those efforts throughout their supply chain.

This policy is available at https://www.avnet.com/wps/portal/us/about-avnet/human-rights/conflict-minerals.

Conflict Minerals Program

Design of Conflict Minerals Program

Avnet's 2025 Conflict Minerals Program ("2025 Program") utilized the internationally recognized framework to identify the country of origin and chain of custody of the CMs. The framework (which includes supplements for gold, tin, tantalum, and tungsten) is called The Organization for Economic Co-Operation and Development ("OECD") Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas ("OECD Framework").

Avnet's supply chain with respect to the CMs in our Covered Products is highly complex. We do not purchase CMs directly from any mine, refiner, or smelter and there are many parties in the supply chain between Avnet's direct supplier and the mine from which the CM originated. Due to the Company's "downstream" position in the supply chain, it followed the principles outlined in the OECD Framework for downstream companies with no direct relationships to smelters or refiners. Therefore, Avnet must rely, in good faith, on its direct suppliers to provide information regarding the country of origin and chain of custody of the CMs included in the Covered Products and on third-party audit programs. It is likely that years of engagement and propagation of expectations through many tiers of the supply chain will be necessary before information returned to downstream companies, such as Avnet, may be considered accurate and complete.

Covered Products

Avnet determined that the following products it manufactured or contracted to manufacture in 2025 contained CMs necessary to the functionality or production of those products:

Pursuant to the Conflict Minerals Rule, Covered Products do not include products (i) that were not entered into the stream of commerce in 2025, and (ii) that were manufactured or contracted to be manufactured by entities that Avnet acquired after April 2025.

Reasonable Country of Origin Inquiry

Pursuant to the Conflict Minerals Rule, Avnet conducted a RCOI on the source and chain of custody of CMs in its Covered Products to determine whether any they originated in any of the Covered Countries and may not have come from recycled or scrap sources. To the extent applicable, Avnet conducted its RCOI utilizing the same processes and procedures that it established for conducting its due diligence, in particular Steps 1 and 2 of the OECD Framework, which are described under "Due Diligence Efforts" below.

The 2025 RCOI included 505 suppliers that Avnet identified as possibly providing it with components, parts or products that contained CMs for its Covered Products. These suppliers identified smelters and refiners that may have processed the CMs contained in the Covered Products. Such smelters and refiners were compared against the Smelter Look-up tab of the Conflict Minerals Reporting Template ("CMRT"), as well as the list of "conformant" smelters and refiners and country of origin information published by the RBA's Responsible Minerals Initiative ("RMI"), to validate the smelters and refiners (validated facilities are listed in Appendix A) and to determine the countries from where such validated

facilities may have obtained CMs (countries are listed in Appendix B). For this process, Avnet used the data its Suppliers provided on their CMRTs version 6.4 or higher along with RMI's due diligence of smelters and refiners and audits under the Responsible Minerals Assurance Process ("RMAP") standard. The RMAP uses an independent third-party audit of smelter and refiner management systems and sourcing practices to validate conformance with RMAP protocols and current global standards.

The Company retained Assent, a third-party service provider, to assist in the collection and review of supplier CMRTs and the identification of risks in the supply chain. During the 2025 RCOI, Avnet contacted suppliers via Assent Sustainability Manager ("ASM"), a software-as-a-service platform that enables users to manage and track supplier communications and allows suppliers to upload completed CMRTs directly to the platform. ASM's functionality meets the OECD Framework process expectations by evaluating the quality of each supplier's response and assigning a health score based on the supplier's declaration of process engagement. Additionally, the results provided in this Report, as well as the step-by-step process for supplier engagement and upstream due diligence investigations performed, are managed through ASM.

Avnet requested that all suppliers complete a CMRT. On Avnet's behalf, Assent offered training and educational resources to Suppliers to guide them on best practices, completing a CMRT, and using the ASM platform. Avnet monitored and tracked all communications in ASM for future reporting and transparency. Avnet may directly follow up with a supplier that does not respond after three requests through ASM.

Supplier CMRTs undergo an automated data validation process to increase the completeness and accuracy of submissions and to identify any contradictory answers. This data validation process is based on questions within the declaration tab of the CMRT, which helps to identify areas that require further classification or risk assessment, as well as to understand the due diligence efforts of the Suppliers. Data validation contributes to the health assessment of Avnet's Conflict Minerals Program, and the results are shared with suppliers regarding areas that require clarification or improvement.

Supplier CMRTs are accepted and classified as either valid or invalid. If a supplier's CMRT is invalid, the supplier receives feedback and guidance on how to correct the validation errors and is asked to submit a valid CMRT. In addition, suppliers are provided with training courses and direct engagement help through Assent's multilingual Supplier Experience team.

Due Diligence Efforts

Based on the findings of the 2025 RCOI, pursuant to the Conflict Minerals Rule, Avnet conducted further due diligence on the source and chain of custody of the CMs in its Covered Products. The Company designed its due diligence measures to conform, in all material respects, with the OECD Framework, which contains a five-step structure for due diligence.

1.Establish strong company management systems

2.Identify and assess risk in the supply chain

3.Design and implementation of a strategy to respond to identified risks

4.Carry out independent third-party audit of supply chain due diligence

5.Report annually on supply chain due diligence

Results of 2025 Conflict Minerals Program

As a downstream purchaser of components, parts and products that may contain CMs, Avnet's 2025 Program can provide only reasonable, but not absolute, assurance regarding the country of origin and chain of custody of the necessary CMs in its Covered Products.

The due diligence process includes Avnet requesting information from its direct suppliers, with those suppliers requesting similar information from their suppliers and so on, up the supply chain, to eventually identify the original sources of the necessary CMs. However, those who purchase CMs directly from smelters or refiners may not be able to discern which of its product lines include specific CMs from each smelter or refiner, and so it is common practice for such purchasers to list all smelters and refiners they may purchase from within the reporting period. Likewise, suppliers' CMRTs primarily provided information at the company level, with few at the product level, and suppliers may have

received similar information from their suppliers and so on. Finally, not all suppliers completed CMRTs or completed CMRTs in full for the 2025 Program.

For the 2025 Program, 505 Suppliers were identified, of which 356 (or 70.5%) submitted a completed CMRT.

The 341 legitimate smelters and refiners identified by Suppliers in completed CMRTs, which appear on the RMI-maintained smelters list, are listed in Appendix A. Based on the limitations explained above, this list may be incomplete or more comprehensive than the smelters and refiners that actually processed the CMs contained in the Covered Products. The table below summarizes the number of legitimate smelters and refiners that have been audited, are in the process of being audited, or not enrolled to be audited by RMI utilizing the RMAP standard as well as audit results.

The compliance status information provided in the table above is based solely on information made available by RMI, without independent verification by the Company. Following are definitions of certain terms used in the chart:

The aggregated list of countries of origin from which the reported smelters and refiners may have collectively sourced CMs, based on information provided through the CMRT data collection process and RMAP audits, is provided in Appendix B. Based on the limitations explained above, this list may be incomplete or more comprehensive than the list of countries from which CMs contained in the Covered Products were actually sourced.

After conducting its 2025 Program, and in light of the limitations explained above, Avnet concludes that it is unable to determine the origin of the CMs contained in its Covered Products and unable to determine whether its Covered Products are DRC conflict free.

Steps to be taken in Calendar 2026

As Avnet endeavors not to purchase products that contain CMs that directly or indirectly finance or benefit armed groups in the Covered Countries, and to mitigate the risk of purchasing such products, it has continued with its Conflict Minerals Program discussed above during calendar year 2025 and specifically plans to pursue the following steps and improvements: