ARROW ELECTRONICS, INC. • ANNUAL REPORT 2007

Headquartered in Melville, New York, Arrow serves as a supply channel partner for approximately 700 suppliers and 140,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 300 locations in 50 countries and territories.

BOARD OF DIRECTORS

William E. Mitchell
Chairman and Chief Executive Officer,
Arrow Electronics, Inc.

Daniel W. Duval
Lead Independent Director,
Arrow Electronics, Inc.

John C. Waddell
Vice Chairman,
Arrow Electronics, Inc

Gail E. Hamilton
Former Executive Vice President,
Symantec

John N. Hanson
Chairman, Joy Global Inc.

Richard S. Hill
Chairman and Chief Executive Officer, Novellus Systems Inc.

M.F. (Fran) Keeth
Retired President and Chief Executive Officer, Shell Chemical LP

Roger King
Retired President and Chief Executive Officer, Sa Sa International Holdings Ltd.

Michael J. Long
President and Chief Operating Officer,
Arrow Electronics, Inc.

Karen Gordon Mills
Managing Director,
Solera Capital LLC

Stephen C. Patrick
Chief Financial Officer,
Colgate-Palmolive Company

Barry W. Perry
Former Chairman and Chief Executive Officer, Engelhard Corporation

EXECUTIVE OFFICERS

William E. Mitchell
Chairman and Chief Executive Officer

Michael J. Long
President and Chief Operating Officer

Peter S. Brown
Senior Vice President, General Counsel
and Secretary

John P. McMahon
Senior Vice President,
Corporate Human Resources

Paul J. Reilly
Senior Vice President
and Chief Financial Officer

CORPORATE OFFICERS

Wayne Brody
Vice President, Assistant Secretary
and Chief Compliance Officer

Kurt Colehower
Vice President and President,
Arrow North American Components (NAC)

Philippe Combes
Vice President and President,
Arrow Europe, Middle East, Africa
and South America (EMEASA)

Kevin J. Gilroy
Senior Vice President and President,
Arrow Enterprise Computing Solutions (ECS)

Ernest Keith
Vice President, Worldwide Operational Excellence, Arrow Global Components

Peter T. Kong
Vice President and President,
Arrow Asia/Pacific

Bhawnesh C. Mathur
Senior Vice President,
Supplier Marketing and Asset Management, Arrow Global Components

Brian P. McNally
Vice President and President, Global Alliance and Supply Chain, Arrow Global Components

Vincent Melvin
Vice President and Chief Information Officer

M. Catherine Morris
Senior Vice President and President,
Arrow Enterprise Computing Solutions (ECS)

Jan M. Salsgiver
Vice President and Executive Vice President, Arrow Europe, Middle East, Africa
and South America (EMEASA)

Vincent Vellucci
Vice President and Senior Vice President, Global Sales Excellence,
Arrow Global Components

Arrow Worldwide

Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, China, Croatia, Czech Republic, Denmark, England, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Ireland, Israel, Italy, Japan, Korea, Latvia, Lithuania, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Romania, Scotland, Serbia, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Taiwan, Thailand, the Russian Federation, Turkey, Ukraine, United States

Corporate Headquarters

50 Marcus Drive
Melville, New York 11747-4210

Independent Registered Public Accounting Firm

Ernst & Young LLP
5 Times Square
New York, New York 10036-6530

Transfer Agent and Registrar

The Bank of New York
Mellon Shareowner Services
480 Washington Boulevard
Jersey City, New Jersey 07310

Annual Meeting

The Annual Meeting of Shareholders
will be held at 11 a.m. on May 2, 2008
at the Grand Hyatt,109 East 42nd Street,
New York, New York.

All shareholders are invited to attend.

Shareholder Information

Exchange: New York Stock Exchange
Common Stock Symbol: ARW

Investor Relations

50 Marcus Drive
Melville, New York 11747-4210
Phone: 631-847-2799
E-mail: investor@arrow.com
Web: www.arrow.com/investor

Arrow Electronics is an Equal Opportunity Employer.

Arrow, , arrow.com and all Arrow domain names and business group names are trademarks and service marks of Arrow Electronics, Inc.

Company Highlights

Number of Employees: 12,600
Number of Customers: 140,000
Number of Suppliers: 700
Worldwide Locations: 300

2007 Sales

Global Components: $11.2 billion
Global Enterprise Computing Solutions: $4.8 billion