Accelerating Your Success™1 Accelerating Your Success™

Avnet Analyst Day 2010

Performance & Potential

Avnet, Inc.

December 15, 2010

Accelerating Your Success™2 Accelerating Your Success™

Summary and Wrap-Up

Roy Vallee

Chairman & CEO

Accelerating Your Success™Accelerating Your Success™

Recognized Industry Leadership

#142 on 2010

Fortune 500

Information Week recognizes Avnet among Top 250 Technology Innovators

Launched 4 new vertical

practices in high growth markets

CIO Magazine Names Avnet

CIO 100 Award Honoree

Certified Cisco Unified Computing

System

Relocated assembly

warehouse to Nogales, Mexico

2010 Fortune’s

Most Admired

EBV celebrates 40

years of success

Accelerating Your Success™Accelerating Your Success™

Avnet Portfolio: Performance & Potential

4Sources: Bishop, Electronics Outlook, Fleck, Gartner, IDC, iSuppli (Rev: 11/2010)

TS LAC

TS EMEA

TS Asia Pac

EM Americas

EM EMEA

TS N. AmericaEM Asia Pac

EM Japan

2% 3% 4% 5% 6% 7% 8% 9% 10% 11%

ROWC

LRPT

Low

Ret

urn

on

Wo

rkin

g C

apit

al

H

igh

Note: Bubble size represents Q1FY11 sales annualized

Low 3 Year Market Growth CAGR 2010-2013 High

Accelerating Your Success™Accelerating Your Success™

Avnet Portfolio: Performance & Potential

5

TS LAC TS EMEA

TS Asia Pac

EM Americas

EM EMEA

EM Asia Pac

TS N. America

EM Japan

ROWC

LRPT

Low

R

etu

rn o

n W

ork

ing

Cap

ital

H

igh

Note: Bubble size represents Q1FY11 sales annualized

Fragmented Avnet Estimated Market Share Consolidated

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Avnet’s Value-Based Management Journey

ROCE

Revenue

5%

10%

$5 $10 $15 $20 $25

FY07

FY06

FY08

FY04

FY05

WACC

Driving Growth

FY10

16%

14%

FY09

Accelerate EP$ Growth12.5%

Shareholder

Value

Great Recession

V-Shaped Recovery

Accelerating Your Success™Accelerating Your Success™7

• Leveraged post-tech bubble growth to new records

– Doubled revenue to $18B with ROWC 2,199 basis points to 25.1%

• Performed well through the Great Recession

– Trough to trough performance significantly improved

– Quarterly records for revenue, EPS & ROCE in 1st year of recovery

• $24B revenue run rate with expanded global footprint

– More diversified and substantial growth opportunities

• ROCE is within target range at the enterprise level

– Opportunity for expansion and/or higher growth

• Avnet is the global leader in technology distribution

– Substantial opportunities to grow economic profits/shareholder value

Demonstrated Performance & Exciting PotentialDemonstrated Performance & Exciting PotentialDemonstrated Performance & Exciting Potential

Accelerating Your Success™Accelerating Your Success™

Demonstrated Performance

and

Exciting Potential

THANK YOU