Company: PENG
Filing Date: 2025-05-02
Form Type: DEF 14A
Source: 0001193125-25-110748
Chunk: 28

Company: Penguin Solutions, Inc.
Filing Date: 2025-05-02
Form: DEF 14A
Chunk 28
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 ordinary shares held in “street name” through a bank, broker,            
 custodian or other nominee, will be automatically exchanged for uncertificated book-entry shares of the applicable class of Penguin Solutions Delaware without any action required on the part of the beneficial holder of such shares. Please see        
 “The Scheme of Arrangement Proposal—Action Required to Transfer Penguin Solutions Cayman Shares and Receive Penguin Solutions Delaware Stock.”                                                                                                            |

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| 30. Q: | May I revoke my proxy? |

| A: | Yes. You can revoke your proxy at any time before the final vote at the Scheme Meeting. If you are the 
 record holder of your shares, you may revoke your proxy in any one of the following ways:              |

| • |     | You may submit another properly completed proxy card with a later date. |

| • |     | You may grant a subsequent proxy by telephone or through the internet. |

| • |     | You may send a timely written notice to our Secretary that you are revoking your proxy. |

| • |     | You may attend and vote during the Scheme Meeting. Simply attending the Scheme Meeting will not, by 
 itself, revoke your proxy.                                                                          |

Your most current proxy card or telephone or internet proxy is the one that will be counted, so long as it is provided within the applicable deadline. If your shares are held by your broker, bank, or other nominee, you should follow the instructions provided by your broker, bank, or other nominee to change your vote or revoke your voting instruction form.

| 31. Q: | How do I attend the Scheme Meeting? |

We have designed the live webcast to provide the same rights and opportunities 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 9:45 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.