Introduction
Global Network
Financial Summary
Shareholder Letter
Powering The Supply Chain
2002 Financial Highlights
Selected Financial Data
Form 10-K
Shareholder Information
Directors and Officers

BOARD OF DIRECTORS
Daniel W. Duval Chairman, Arrow Electronics, Inc. William E. Mitchell President and Chief Executive Officer, Arrow Electronics, Inc. John C. Waddell Vice Chairman, Arrow Electronics, Inc. Carlo Giersch Chairman of the Supervisory Board, Arrow Electronics Europe and Chief Executive Officer, FLC GmbH John N. Hanson Chairman, President and Chief Executive Officer, Joy Global Inc. Stephen P. Kaufman Senior Lecturer, Harvard Business School and Retired Chairman and Chief Executive Officer, Arrow Electronics, Inc. Roger King Retired President and Chief Executive Officer, Sa Sa International Holdings Ltd. Robert E. Klatell Executive Vice President, Arrow Electronics, Inc. Karen Gordon Mills Managing Director, Solera Capital LLC Barry W. Perry Chairman and Chief Executive Officer, Engelhard Corporation Richard S. Rosenbloom David Sarnoff Professor of Business Administration, Emeritus, Harvard Business School

CORPORATE OFFICERS
Daniel W. Duval Chairman William E. Mitchell President and Chief Executive Officer Robert E. Klatell Executive Vice President, Investor Relations Peter S. Brown Senior Vice President and General Counsel Betty Jane Scheihing Senior Vice President, Global Operations Wayne Brody Vice President, Legal Affairs Germano Fanelli Vice President Harriet Green Vice President, Worldwide Marketing Michael J. Long Vice President Brian P. McNally Vice President Paul J. Reilly Vice President and Chief Financial Officer Jürgen Saalwächter Vice President Jan M. Salsgiver Vice President Mark Settle Vice President and Chief Information Officer Albert G. Streber Vice President John Tam Vice President Vincent Vellucci Vice President Ira M. Birns Treasurer

OPERATING GROUP OFFICERS
Arrow Americas Components
Jan M. Salsgiver President Paul Buckley President, Arrow Contract Manufacturing Services Distribution Group David E. Hoffman Vice President and Managing Director, Latin and South American Components Group Jamie P. McConaty President, Arrow Components Solutions Group James M. Rosenberg President, Arrow Alliance Group Donald A. Schlidt Vice President, Arrow PEMCO Supplier Services Group Eric Schuck President, Arrow/Zeus Electronics Group Albert G. Streber Senior Vice President, Arrow Semiconductor Supplier Services Group Vincent Vellucci President, Arrow/Bell Components Group

Arrow North American Computer Products
Michael J. Long President Joseph D. Burke Vice President and General Manager, Enterprise Computing Solutions Group Michelle M. Kuplic Vice President and General Manager, OEM Computing Solutions Group Stephen Ramsland Vice President, Supplier Services Group

Arrow Electronics Europe
Philippe Djeddah Vice President, European Marketing Germano Fanelli Managing Director, Southern Europe Brian P. McNally Managing Director, Northen Europe Alistair Oag Managing Director, Alliance Europe Jürgen Saalwächter Managing Director, Central Europe

Arrow Electronics Asia/Pacific
John Tam President David Chan Senior Vice President, OEM Sales Richard Huxley Vice President, Alliance Asia