Avnet wins HR Asia's award for "Best Companies
to Work for in Asia 2018 -- Singapore"

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SINGAPORE
-�Media OutReach�-
November 28, 2018�-�Avnet
Asia Pte Ltd has been named one
of the Best Companies to Work for in Asia -- Singapore. This award marks the
third accolade Avnet has received in the past six months for its exemplary
workplace practices, having won the Great Place to Work^TM Certification 2018 awarded by The Great Place to Work^�
Institute in India in September, and the HR Asia Awards in Taiwan in June.

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Avnet
received the "Best Companies to Work for in Asia 2018 -- Singapore" at HR Asia's
award ceremony

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The HR
Asia Awards Singapore is organized by
one of the most authoritative HR publications in the region. �The winners undergo a stringent selection
process judged by independent industry experts, academics and journalists.

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"Avnet is thrilled to be recognized by HR Asia once again as
one of the Best Companies to Work for in Asia. As we prepare our workforce for
Industry 4.0, Avnet Asia Pacific is committed to providing a conducive and
opportunity-laden workplace for its employees to thrive and contribute,"
commented Frederick
Fu, president of Avnet Asia Pacific. "This award reinforces our belief that Singapore
and the greater APAC region can achieve profitable growth through an environment
that supports employees' aspirations and recognizes their contributions."

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James Tan, senior vice president, human resources, at Avnet
Asia Pacific, added, "There is a strong positive correlation between employee
engagement and profitable financial performance. Our Avnet team in Singapore
comprises highly motivated leaders with many talented and experienced
employees. Over the years, we have deployed a myriad of multi-layered
development and well-being programs to keep our workforce effectively engaged
in our drive for business excellence. Receiving HR Asia Singapore's award is an
external endorsement of Avnet's commitment in nurturing the continuous
development and growth of our industry-leading workforce." �

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Avnet scored higher than the industry
average in the "Heart, Mind, Soul" categories, which look into the company's worker
engagement policies, its provision of a healthy workplace culture, and the
offering of employee development opportunities, respectively. The rigorous
assessment process proved Avnet's track record towards the well-being and
development of its employees. Avnet provides a range of in-house programs,
online learnings, and external programs for talent and management development.
To recognize and reward talent who are going the extra mile, Avnet proffers the
Reach Recognition program to foster greater collaboration, commitment,
dedication, and service excellence. Avnet also has an employee-led initiative
in the region that enables peers to share its holistic well-being approach
through external outreach programs.

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"The Best Companies to Work for in Asia award recognizes
companies for their workplace and employee engagement practices," said William
Ng, group publisher and editor-in-chief of HR Asia. "Avnet demonstrated their continued
willingness to go the extra mile in fully engaging their employees while caring
for their personal growth and well-being. We are pleased to recognize Avnet
Asia as one of the best companies to work for in the region through this award."

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HR Asia Awards 2018 expands Avnet's extensive list of
achievements in Singapore, which includes Singapore HR Institute's award for Leading
HR Practices in Compensation & Rewards Management, Leading HR Practices in
Talent Management, Retention and Succession Planning, as well as the Excellence
in C&B Strategy (Silver) awards from Human Resources.

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Connect with Avnet on LinkedIn: http://www.linkedin.com/company/avnet

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About Avnet

Avnet
is a global technology solutions provider with an extensive ecosystem
delivering design, product, marketing and supply chain expertise for customers
at every stage of the product lifecycle. We transform ideas into intelligent
solutions, reducing the time, cost and complexities of bringing products to
market. For nearly a century, Avnet has helped its customers and suppliers
around the world realize the transformative possibilities of technology. Learn
more about Avnet at www.avnet.com.

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