Cover Design Jan2012)

2011 annual report

MULTI-FINELINE ELECTRONIX, INC. 3140 E. CORONADO ST. ■ ANAHEIM, CA 92806 TEL: (714) 238-1488 ■ WWW.MFLEX.COM

CORPORATE EXECUTIVE OFFICERS Reza Meshgin President and Chief Executive Officer Christine Besnard Executive Vice President, General Counsel and Secretary

Thomas Liguori Executive Vice President and Chief Financial Officer

Lance Jin Executive Vice President and Managing Director of MFLEX China

Thomas Lee Executive Vice President of Operations–Program Management

BOARD OF DIRECTORS Philippe Lemaitre Chairman of the Board Chair of the Audit Committee

Donald Schwanz Chair of the Compensation Committee and Member of the Audit Committee

Reza Meshgin President and Chief Executive Officer

Choon Seng Tan Chief Executive Officer and Group Director of WBL Corporation Limited

Kheng-Joo Khaw Member of the the Audit Committee and the Compensation Committee

See Meng Wong Member of the Compensation Committee and the Nominating and Corporate Governance Committee

Linda Lim, Ph.D. Chair of the Nominating and Corporate Governance Committee and Member of the Compensation Committee

Sam Yau Member of the Nominating and Corporate Governance Committee, the Audit Committee and the Compensation Committee

CORPORATE OFFICE

INVESTOR INFORMATION

3140 E. Coronado Street Anaheim, California 92806 Telephone: (714) 238-1488 www.mflex.com

Stockholders, securities analysts and investors seeking additional information about MFLEX should contact: Investor Relations Telephone: (213) 486-6549 Email: investor_relations@mflex.com

STOCK TRANSFER AGENT & REGISTRAR FORWARD–LOOKING STATEMENTS This annual report, including the “Letter to Stockholders,” contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are based upon management’s belief and assumptions made by and information currently available to, management. Our actual results could differ materially from the results anticipated in these forward-looking statements as a result of numerous factors, including those set forth in the Annual Report on Form 10-K, which is included as part of this annual report, and other factors identified from time to time in our filings with the SEC. Any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events.

Computershare Trust Company, N.A. P.O. Box 43078 Providence, RI 02940-3078 Shareholder Inquiries: (781) 575-3400 www.computershare.com

INDEPENDENT AUDITORS PricewaterhouseCoopers LLP Orange County, California

ANNUAL MEETING The Annual Meeting of Stockholders will be held on March 5, 2012, at 8:30 a.m. Pacific Time at MFLEX’s Corporate Office 3140 E. Coronado Street in Anaheim, California

STOCK INFORMATION MFLEX’s common stock is traded under the stock symbol MFLX on the NASDAQ Global Select Market