Company: PENG
Filing Date: 2025-03-24
Form Type: DEFA14A
Source: 0001193125-25-060911
Chunk: 3

Company: Penguin Solutions, Inc.
Filing Date: 2025-03-24
Form: DEFA14A
Chunk 3
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 organizational and regulatory structure; and statements about the timing for approval of the Penguin Solutions shareholders and the Cayman Court for the proposed redomiciliation, the expected timeframe for the proposed
redomiciliation, and the expected benefits of the proposed redomiciliation.

These statements can be identified by the fact that they do not relate
strictly to historical or current facts. Forward-looking statements often use words such as “anticipate,” “target,” “expect,” “estimate,” “intend,” “plan,” “goal,”
“believe,” “could,” “will”, “forecast,” “potential,” “should” and other words of similar meaning. Forward-looking statements provide our current expectations or forecasts of future events,
circumstances, results or aspirations and are subject to a number of significant risks, uncertainties and other factors, many of which are outside of our control, including but not limited to: our ability to obtain shareholder approval of, and the
approval of the Cayman Court for, and to satisfy the other conditions to, the proposed redomiciliation within the expected timeframe or at all; our ability to realize the expected benefits from the proposed redomiciliation; the occurrence of
difficulties or material timing delays in connection with the proposed redomiciliation, including any unanticipated costs in connection with the proposed redomiciliation; any delays, challenges and expenses associated with receiving governmental and
regulatory approvals; and changes in tax laws, tax treaties or tax regulations or the interpretation or enforcement thereof by the tax authorities in the Cayman Islands, the United States and other jurisdictions following the proposed
redomiciliation.

These and other risks, uncertainties and factors are described in greater detail under the sections titled “Risk Factors,”
“Critical Accounting Estimates,” “Results of Operations,” “Quantitative and Qualitative Disclosures About Market Risk” and “Liquidity and Capital Resources” contained in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and our other filings with the U.S. Securities and Exchange Commission (the “SEC”). In addition, such risks, uncertainties
and factors as outlined above and in such filings do not constitute all risks, uncertainties and factors that could cause our actual results to be materially different from such forward-looking statements. Accordingly, investors are cautioned not to
place undue reliance on any forward-looking statements. Any forward-looking statements that we make in this press release speak only as of the date of this press release. Except as required by law, we do not undertake to update the forward-looking