Company: PENG
Filing Date: 2025-06-30
Form Type: 8-K12B
Source: 0001193125-25-152807
Chunk: 24

Company: Penguin Solutions, Inc.
Filing Date: 2025-06-30
Form: 8-K12B
Chunk 24
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 faith or which involve intentional misconduct or a knowing violation of law; |

| • |     | a director pursuant to Section 174 of the DGCL; |

| • |     | a director or officer for any transaction from which the director or officer derived an improper personal benefit; or |

| • |     | an officer in any action by or in the right of Penguin Solutions Delaware. |

Penguin Solutions Delaware’s Amended and Restated Bylaws provide that Penguin Solutions Delaware must indemnify its directors and officers to the fullest extent permitted by law. Penguin Solutions Delaware is also required to advance certain expenses (including attorneys’ fees) to its directors and officers and is expressly authorized to carry directors’ and officers’ insurance providing indemnification for its directors and officers for some liabilities. Penguin Solutions Delaware has entered into agreements to indemnify the Penguin Solutions Delaware directors and executive officers as determined by the Penguin Solutions Delaware Board. Penguin Solutions Delaware believes that these bylaw provisions and indemnification agreements are necessary to attract and retain qualified persons as directors and officers. The limitation of liability and indemnification provisions in the Penguin Solutions Delaware Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws may discourage stockholders from bringing a lawsuit against Penguin Solutions Delaware directors and officers for an alleged breach of fiduciary duty. They may also reduce the likelihood of derivative litigation against Penguin Solutions Delaware directors and officers, even though an action, if successful, might benefit Penguin Solutions Delaware and its stockholders. Furthermore, a stockholder’s investment may be adversely affected to the extent that Penguin Solutions Delaware pays the costs of settlement and damages.

| Item 9.01 | Financial Statements and Exhibits. |

(d) Exhibits.

| Exhibit 
 No.     
 3.1     
 3.2     |     | Description                                                                                                                                                                                                                                                                                                                       
 Amended and Restated Certificate of Incorporation of Penguin Solutions, Inc., effective as of June 27, 2025 (filed herewith).                                                                                                                                                                                                     
 Certificate of Designation of Penguin Solutions, Inc., effective as of June 27, 2025 (filed herewith).                                                                                                                                                                                                                            |
|:--------|:----|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.3     |     | Amended and Restated Bylaws of Penguin Solutions, Inc., adopted as of June 30, 2025 (filed herewith).                                                                                                                                                                                                                             |
| 4.1     |     | Second Supplemental Indenture in respect of the 2026 Notes