Company: PENG
Filing Date: 2025-05-02
Form Type: DEF 14A
Source: 0001193125-25-110748
Chunk: 203

Company: Penguin Solutions, Inc.
Filing Date: 2025-05-02
Form: DEF 14A
Chunk 203
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ING INSTRUCTIONS As the record holder for your shares, we will vote your shares based on your instructions. Please provide us with your voting instructions before the meeting. If you do not provide us with your voting instructions, we will not vote your shares. If you sign and return this form, we will vote any unmarked items based on the board’s recommendations. Scan to view materials and vote via smartphone. Voting on www.ProxyVote.com is easy and fast! Go to www.ProxyVote.com, enter the control number above and vote! The following proxy materials for the meeting are available at www.ProxyVote.com: X V68692-S12349 THIS VOTING INSTRUCTION FORM IS VALID ONLY WHEN SIGNED AND DATED. PLEASE USE BLUE OR BLACK INK AND RETURN ONLY THE BOTTOM PORTION. PENGUIN SOLUTIONS, INC. Please check this box if you plan to attend the Meeting and vote these shares in person. The Board recommends you vote FOR the following proposal (s): 1 1. To approve the scheme of arrangement substantially in the form attached as Annex B to the accompanying proxy statement (the “Scheme of Arrangement”), pursuant to which, at the completion date of the Scheme of Arrangement (expected to be 1:30 p.m. (Pacific Time) on June 30, 2025), all shareholders of Penguin Solutions, Inc., a Cayman Islands exempted company “Penguin Solutions Cayman”) will become shareholders of Penguin Solutions, Inc., Delaware corporation (“Penguin Solutions Delaware”). Pursuant to the terms of the Scheme of Arrangement, the shareholders of Penguin Solutions Cayman as of the scheme record time (expected to be 1:29 p.m. (Pacific Time) on June 30, 2025) will exchange their ordinary shares and or convertible preferred shares (as applicable) of Penguin Solutions Cayman for shares of common stock and/or convertible preferred stock (as applicable) of Penguin Solutions Delaware on the following basis: each ordinary share of Penguin Solutions Cayman will be exchanged for one share of common stock of Penguin Solutions Delaware, and each convertible preferred share of Penguin Solutions Cayman will be exchanged for one share of convertible preferred stock of Penguin Solutions Delaware. NOTE: Such other business as may properly come before the meeting or any adjournment thereof. For Against Signature [PLEASE SIGN WITHIN BOX] Date V68692 11

BROADRIDGE FINANCIAL SOLUTIONS, INC. BROADRIDGE CORPORATE ISSUER SOLUTIONS PO BOX 13427.,