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NEWS RELEASE Exhibit 99.1 STE connectivity te.com TE Connectivity announces third quarter results for fiscal year 2021 Record sales and strong performance across all segments ; EPS exceed company expectations SCHAFFHAUSEN , Switzerland – July 28 , 2021 - TE Connectivity Ltd. ( NYSE : TEL ) today reported results for the fiscal third quarter ended June 25 , 2021 . Third Quarter Highlights • Net sales were a record $ 3.8 billion , up 51 % on a reported basis , and 45 % on an organic basis year over year . • Orders of $ 4.5 billion , consistent with second quarter order levels . • GAAP diluted earnings per share ( EPS ) from continuing operations were $ 1.74 , and adjusted EPS were $ 1.79 , up significantly year over year and a record for the company . • Cash flow from operating activities was $ 682 million and free cash flow was $ 539 million , with $ 447 million returned to shareholders . " The global strength and diversity of our portfolio , combined with our global manufacturing strategy , positioned us to deliver record results despite broader supply chain challenges . We are continuing to benefit from the growth trends we have strategically positioned TE to capitalize on , as all three of our business segments - Transportation , Industrial and Communications - delivered strong operating performance , both year over year and sequentially , " said TE Connectivity CEO Terrence Curtin . " I am very pleased with our results as well as our team's ability to deliver record sales growth and earnings that exceeded our expectations . We expect strong performance to continue into the fourth quarter with double digit sales growth and significant EPS growth year over year as we continue to benefit from a recovering economic backdrop , content growth and our leadership positions in long - term technology trends . " Fourth Quarter Outlook For the fourth quarter of fiscal 2021 , the company expects net sales of approximately $ 3.8 billion , compared to $ 3.26 billion in the prior year . GAAP diluted EPS from continuing operations are expected to be approximately $ 1.55 , compared to $ 0.69 in the prior year . Adjusted EPS are expected to be approximately $ 1.65 , compared to adjusted EPS of $ 1.16 in the prior year .