Company: PENG
Filing Date: 2025-03-24
Form Type: PRE 14A
Source: 0001193125-25-060930
Chunk: 192

Company: Penguin Solutions, Inc.
Filing Date: 2025-03-24
Form: PRE 14A
Chunk 192
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 stock or uncertificated shares in the place of any certificate theretofore issued by it, alleged to have been lost, stolen,
damaged, defaced or destroyed, and the Corporation may require the owner of the lost, stolen, damaged, defaced or destroyed certificate, or such owner’s legal representative, to give the Corporation a bond sufficient to indemnify it against any
claim that may be made against it on account of the alleged loss, theft or destruction of any such certificate or the issuance of such new certificate or uncertificated shares.

7.5

The Corporation may adopt a system of issuance, recordation and transfer of its shares of stock by electronic or other means not involving the
issuance of certificates, provided the use of such system by the Corporation is permitted in accordance with applicable law.

7.6 .

Unless the context requires otherwise, the general provisions, rules of construction and
definitions in the DGCL shall govern the construction of these bylaws. Without limiting the generality of this provision, the singular number includes the plural and the plural number includes the singular.

7.7 .

The Board, subject to any restrictions contained in (i) the DGCL, (ii) the Certificate of Incorporation or (iii) any
certificate of designation relating to any class or series of preferred stock of the Corporation then in effect, may declare and pay dividends upon the shares of its capital stock. Dividends may be paid in cash, in property or in shares of the
Corporation’s capital stock.

F-21

The Board may set apart out of any of the funds of the Corporation available for dividends a
reserve or reserves for any proper purpose and may abolish any such reserve. Such purposes shall include but not be limited to equalizing dividends, repairing or maintaining any property of the Corporation, and meeting contingencies.

7.8 .

The fiscal year of the Corporation shall be fixed by resolution of the Board and may be changed by the Board.

7.9 .

The Corporation may adopt a corporate seal, which shall be adopted and which may be altered by the Board. The Corporation may use the
corporate seal by causing it or a facsimile thereof to be impressed or affixed or in any other manner reproduced.

7.10 .

Shares of the Corporation shall be transferable in the manner prescribed by law and in these bylaws.
Shares of stock of the Corporation shall be transferred on the books of the Corporation only by the holder of record thereof or by such holder’s attorney duly authorized