Company: PENG
Filing Date: 2025-12-19
Form Type: DEF 14A
Source: 0001616533-25-000073
Chunk: 1

Company: Penguin Solutions, Inc.
Filing Date: 2025-12-19
Form: DEF 14A
Chunk 1
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 in your Notice of Internet Availability of Proxy Materials, on your proxy card, or on the instructions that accompanied your proxy materials. The Annual Meeting will be held for the following purposes:

| Items of Business and Board Voting Recommendation 
 1                                                 
 2                                                 |     | To elect the two nominees as Class I directors to serve until the 2029 annual meeting of stockholders (the “2029 Annual Meeting”) or until their successors are duly elected and qualified; 
 To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending August 28, 2026;                                         |     | Foreach of the nominees 
 For                     |
|:--------------------------------------------------|:----|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:------------------------|
| 3                                                 |     | To approve, on a non-binding advisory basis, the compensation of our Named Executive Officers (“NEOs”); and                                                                                 |     | For                     |
| 4                                                 |     | To transact such other business as may properly come before the Annual Meeting or any continuation, postponement, or adjournment of the Annual Meeting.                                     |     |                         |

These items of business are more fully described in the proxy statement accompanying this Notice of Annual Meeting of Stockholders (the “Proxy Statement”).

The record date for the Annual Meeting is December 8, 2025 (the “Record Date”). Only stockholders of record at the close of business on the Record Date may vote at the Annual Meeting or any continuation, postponement, or adjournment thereof. A complete list of such stockholders will be available for examination by any stockholder for any purpose germane to the Annual Meeting during ordinary business hours at our executive offices at c/o Penguin Solutions, Inc., 45800 Northport Loop West, Fremont, CA 94538 for a period of 10 days ending on the day before the Annual Meeting. The Annual Meeting may be continued or adjourned from time to time without notice other than by announcement at the Annual Meeting.

<div align='center'>Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting

to be held on Friday, February 6, 2026 at 10:00 a.m. Pacific Time

The Proxy Statement and annual report to stockholders are available at: www.proxyvote.com .</div>

By Order of the Board of Directors,

Anne Kuykendall

Senior Vice President and Chief Legal Officer

Fremont, California