Company: PENG
Filing Date: 2025-03-24
Form Type: PRE 14A
Source: 0001193125-25-060930
Chunk: 30

Company: Penguin Solutions, Inc.
Filing Date: 2025-03-24
Form: PRE 14A
Chunk 30
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 to participate as shareholders would have at an in-personmeeting, including the right to vote and ask questions during the meeting through the virtual meeting platform. To attend the Scheme Meeting, shareholders as of the Voting Record Time should go to www.virtualshareholdermeeting.com/PENG2025SM. To participate in the Scheme Meeting, you will need the 16-digitcontrol number included on your proxy card or on your voting instruction form. Online access to the live webcast will begin at approximately a.m. (Pacific Time) to allow time for participant log-in.We encourage shareholders as of the Voting Record Time to access the Scheme Meeting in advance of the designated start time. If you encounter any difficulties accessing the meeting, please call the technical support number that will be posted on the virtual meeting log-inpage. If you hold your shares in “street name”, you may not attend the Scheme Meeting or vote your Penguin Solutions Cayman ordinary shares at the Scheme Meeting unless you obtain an “instrument of proxy” or “legal proxy” from your broker or nominee that holds your Penguin Solutions Cayman ordinary 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 theScheme 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.

| 32. Q: | Who is making and paying for this proxy solicitation? |

| A: | This proxy is being solicited on behalf of the Penguin Solutions Cayman Board. We will pay for the                                                                                                                                                     
 entire cost of soliciting proxies. In addition to these proxy materials, members of our board of directors and our employees may also solicit proxies in person, by telephone, or by other means of communication. Directors and employees will not be 
 paid any additional compensation for soliciting proxies. We have engaged MacKenzie Partners, Inc. (“MacKenzie”) as the proxy solicitor for the Scheme Meeting for an approximate fee of $17,500 plus fees for additional services, if                  
 needed, and reimbursement of out-of-pocket expenses. MacKenzie will be indemnified against certain liabilities and expenses, including certain liabilities under the