Company: PENG
Filing Date: 2025-12-19
Form Type: DEF 14A
Source: 0001616533-25-000073
Chunk: 46

Company: Penguin Solutions, Inc.
Filing Date: 2025-12-19
Form: DEF 14A
Chunk 46
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 over which each of FMR and Abigail P. Johnson has sole dispositive power. The information presented for FMR and Abigail P. Johnson is based on a Schedule 13G/A filed with the SEC on August 6, 2025 with respect to shares of common stock held as of June 30, 2025. The address for the foregoing beneficial owners is 245 Summer Street, Boston, MA 02210.

(5) Includes (i) 2,725,822 shares over which State Street Corporation (“State Street”) has shared voting power and (ii) 2,866,133 shares over which State Street has shared dispositive power. The information presented for State Street is based on a Schedule 13G/A filed with the SEC on November 10, 2025 with respect to shares of common stock held as of September 30, 2025. The address for State Street is One Congress Street, Suite 1, Boston, MA 02114.

(6) Includes 200,000 shares of Issued CPS directly held by Astra AI Infra LLC, a special purpose vehicle established by SKT to invest in the Company (“Astra”), which are convertible into 6,096,103 shares of common stock. Astra has sole voting and dispositive power with respect to the shares of Issued CPS, subject to the Amended and Restated Investor Agreement (as defined below). SKT may be deemed to have sole voting and dispositive power with respect to the shares of Issued CPS held by Astra, subject to the Amended and Restated Investor Agreement. The information presented for SKT and Astra is based on a Schedule 13D filed with the SEC on December 20, 2024 with respect to shares held as of December 13, 2024. The address for SKT and Astra is SK T-Tower 65, Eulji-ro, Jung-gu, Seoul, Korea, 04539.

(7) Consists of (i) 708,144 shares held of record by Mr. Adams, (ii) 29,640 shares held through the Adams Family Trust, (iii) 156,250 shares issuable pursuant to outstanding stock options held by Mr. Adams that are currently exercisable or will be exercisable within 60 days of December 8, 2025, and (iv) 23,998 shares issuable pursuant to outstanding RSUs held by Mr. Adams that are scheduled to