Company: PENG
Filing Date: 2025-12-19
Form Type: DEF 14A
Source: 0001616533-25-000073
Chunk: 48

Company: Penguin Solutions, Inc.
Filing Date: 2025-12-19
Form: DEF 14A
Chunk 48
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 Olmstead that are scheduled to be released within 60 days of December 8, 2025.

(19) Includes (i) 1,260,523 shares held of record by our current executive officers and directors, (ii) 34,224 shares indirectly held of record by our current executive officers and directors, (iii) 156,250 shares issuable pursuant to outstanding stock options that are currently exercisable or will be exercisable within 60 days of December 8, 2025, and (iv) 63,982 shares issuable pursuant to outstanding RSUs that are scheduled to be released within 60 days of December 8, 2025.

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#### Executive Officers
The following table sets forth information concerning our executive officers as of December 8, 2025 (other than for Mr. Adams, our President and CEO, whose biographical information appears above under “ Proposal No. 1: Election of Directors–Nominees for Election as Class I Directors for a Term Expiring at the 2029 Annual Meeting ”).

| Name            |     | Age |     | Position with Penguin Solutions                                                                          |
| Mark Adams      |     |  61 |     | President and Chief Executive Officer, Penguin Solutions                                                 |
| Joseph Clark    |     |  53 |     | Senior Vice President, Penguin Solutions and President, Optimized LED                                    |
| Tony Frey       |     |  56 |     | Senior Vice President and Chief Revenue Officer, Penguin Solutions                                       |
| Anne Kuykendall |     |  48 |     | Senior Vice President and Chief Legal Officer, Penguin Solutions                                         |
| Nate Olmstead   |     |  53 |     | Senior Vice President and Chief Financial Officer, Penguin Solutions                                     |
| Jack Pacheco    |     |  65 |     | Executive Vice President and Chief Operating Officer, Penguin Solutions and President, Integrated Memory |

Joseph Clark has served as our SVP and President, Optimized LED (formerly known as LED Solutions) since September 2022. He brings to Penguin Solutions more than 25 years of experience in the lighting and technology industries. He joined CreeLED in 1998 where he began his career as an R&D Engineer in LED Epitaxy. In the years following until 2017, Mr. Clark held various leadership roles, ultimately, ending as Head of LED R&D. Subsequently, he led the Board & Module business as