Company: PENG
Filing Date: 2025-03-24
Form Type: PRE 14A
Source: 0001193125-25-060930
Chunk: 40

Company: Penguin Solutions, Inc.
Filing Date: 2025-03-24
Form: PRE 14A
Chunk 40
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 sent in respect of the Scheme Meeting in order to obtain a “legal proxy” and access the Scheme Meeting. If you hold Penguin Solutions Cayman ordinary shares through a broker or nominee, we recommend that you contact your broker or nominee directly for more information on the procedures by which your Penguin Solutions Cayman ordinary shares can be voted. Your broker or nominee will not be able to vote your Penguin Solutions Cayman ordinary shares unless it receives appropriate instructions from you. Revoking Your Proxy You may revoke your proxy card before it is exercised at the Scheme Meeting by one of the following means. If you are a registered shareholder, you may revoke your proxy card by:

| • |     | sending a written notice to Broadridge at Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717                                                                                                                                          
 specifying that you are revoking your proxy with respect to the Scheme Meeting. Your written notice must be received not later than 8:59 p.m. (Pacific Time) on the day before the Scheme Meeting to permit the necessary examination and tabulation of 
 the revocation before the votes are taken;                                                                                                                                                                                                              |

| • |     | if you submitted your proxy card, submitting new and properly marked, signed and dated proxy card at not later                  
 than 8:59 p.m. (Pacific Time) on the day before the Scheme Meeting with a later date than the proxy card you last submitted; or |

| • |     | voting in person (including via live webcast) at the Scheme Meeting. |

If you hold your Penguin Solutions Cayman ordinary shares in “street name” beneficially through a broker or nominee, you must follow the procedures required by your broker or nominee to revoke your voting instruction form or change your vote. You should contact your broker or nominee if you have any questions with respect to these procedures.

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RISK FACTORS Before you decide how to vote your Penguin Solutions Cayman shares, you should consider carefully the following risk factors related to the meeting proposal set forth in this proxy statement, in addition to the other information contained in this proxy statement and the documents incorporated by reference, including, without limitation, our Annual Report on Form 10-Kfor the fiscal year ended August 30, 2024 (including the risk factors contained therein) and our subsequent filings with the SEC. The risks discussed below also include forward-looking statements and our actual results may differ substantially from those discussed in these forward-looking statements. See “Cautionary Note Regarding Forward-Looking Statements.” Your