Company: PENG
Filing Date: 2025-05-02
Form Type: DEF 14A
Source: 0001193125-25-110748
Chunk: 118

Company: Penguin Solutions, Inc.
Filing Date: 2025-05-02
Form: DEF 14A
Chunk 118
---
ENG2025SM at 10:00 a.m. (Pacific Time in the United States) (being 12:00 p.m. Cayman Islands Time) on June 16, 2025 and use the control number found on your proxy card to access the meeting. If you hold Penguin Solutions Cayman ordinary shares in “street name” beneficially through a bank, broker, trustee, custodian or other nominee (which we generally refer to as “ brokers” or “ nominees”), in order to participate in the Scheme Meeting you must obtain an “instrument of proxy” or “legal proxy” from your broker or nominee that holds your Penguin Solutions Cayman shares. If you plan to attend in person and vote your “street name” shares at the Scheme Meeting, you should request such an “instrument of proxy” or “legal proxy” from your broker, bank, or other holder of record and bring it with you to the Scheme Meeting along with proof of identification. If you plan to attend the Scheme Meeting online via live webcast and vote your “street name” shares at the Scheme Meeting, you must use the control number found on your voting instruction form sent in respect of the Scheme Meeting in order to obtain a “legal proxy” and access the Scheme Meeting. You can access the Scheme Meeting at www.virtualshareholdermeeting.com/PENG2025SM at 10:00 a.m. (Pacific Time in the United States) (being 12:00 p.m. Cayman Islands Time) on June 16, 2025, by using the control number found on your voting instruction form. To be approved, the Scheme of Arrangement requires approval by 75% or more of the nominal value of the ordinary shares and convertible preferred shares of Penguin Solutions Cayman voted at the Scheme Meeting by the shareholders present and voting (either in person (including via live webcast) or represented by proxy) at the Scheme Meeting. Holders of the ordinary shares and convertible preferred shares of Penguin Solutions Cayman will vote together on the Scheme. Broker “non-votes,”if any, and abstentions, will be disregarded and will have no effect on the outcome of the vote. Voting at the Scheme Meeting will be by way of poll. A-1

A copy of the Scheme of Arrangement and a copy of the Proxy Statement explaining the effect
of the Scheme of Arrangement are incorporated into the composite document of which this notice forms part (the “Proxy Statement”).A copy of the Proxy Statement has been made available