Company: PENG
Filing Date: 2025-12-19
Form Type: DEF 14A
Source: 0001616533-25-000073
Chunk: 20

Company: Penguin Solutions, Inc.
Filing Date: 2025-12-19
Form: DEF 14A
Chunk 20
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 Committee Interlocks and Insider Participation

In fiscal 2025, Messrs. Ingram and Papermaster and Ms. Puma, and former director Mr. Furr, served as members of our Compensation Committee. None of the fiscal 2025 members of the Compensation Committee was at any time one of our officers or employees. None of our executive officers currently serves, or served during the last completed fiscal year, on the compensation committee or board of directors of any other entity that has one or more executive officers serving as a member of our Board or Compensation Committee.

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#### Nominating and Corporate Governance Committee
The NCG Committee is generally responsible for identifying qualified Board candidates, recommending director nominees and appointments to Board committees, evaluating Board performance, reviewing management succession planning, reviewing matters relating to corporate social responsibility, and overseeing our Corporate Governance Guidelines. To that end, the NCG Committee is responsible for, without limitation, the following:

• Reviewing qualifications of candidates for membership on our Board and identifying and recommending to the Board qualified individuals for membership on the Board and its committees;

• Evaluating, at least once every other year, the performance of the directors as well as the committee’s own performance and reporting to the Board on such evaluation;

• Reviewing the adequacy of the composition of the Board and its committees;

• Overseeing compliance with the Corporate Governance Guidelines and reporting on such compliance to the Board, including recommendations in connection with directors’ and officers’ indemnification and insurance matters;

• Overseeing orientation and continuing education programs for directors meeting the requirements set forth in our Corporate Governance Guidelines;

• Reviewing the Company’s actions in furtherance of its corporate social responsibility, including considering the impact of Company procedures and processes on employees, citizens, and communities;

• Reviewing our strategies and policies related to human capital management, including with respect to matters such as inclusion and belonging, employee engagement, and talent development;

• Reviewing our management succession planning, including policies for CEO selection and succession in the event of the incapacitation, retirement, or removal of the CEO, and evaluations of, and development plans for, any potential successors to the CEO; and

• Reviewing and assessing periodically the adequacy of its charter and recommending any proposed changes to the Board for approval.

The NCG Committee is currently composed of three directors: Mses. Herscher and Straub (Chair) and Mr. Ingram. Mr. Ingram will serve on the NCG Committee until his term expires at the conclusion of the Annual Meeting.