Company: PENG
Filing Date: 2025-05-02
Form Type: DEF 14A
Source: 0001193125-25-110748
Chunk: 44

Company: Penguin Solutions, Inc.
Filing Date: 2025-05-02
Form: DEF 14A
Chunk 44
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 of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act, including but not limited
to, statements regarding the Transaction, including the timing for approval of the Penguin Solutions Cayman shareholders and the Cayman Court for, the Transaction; the expected timeframe for the Transaction; the expected benefits of the Transaction;
and statements using words such as “will,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “intend,” “plan,” “potential,”
“should” and similar words and the negatives thereof constitute forward-looking statements. These forward-looking statements are based on our current expectations or forecasts of future events, circumstances, results or aspirations and are
subject to a number of significant risks, uncertainties and other factors, many of which are outside of our control, including but not limited to, our ability to obtain approval of the Penguin Solutions Cayman shareholders and the Cayman Court for,
and to satisfy the other conditions to, the Transaction within the expected timeframe or at all; our ability to realize the expected benefits from the Transaction; the occurrence of difficulties or material timing delays in connection with the
Transaction, including any unanticipated costs in connection with the Transaction; any delays, challenges and expenses associated with receiving governmental and regulatory approvals; and changes in tax laws, tax treaties or tax regulations or the
interpretation or enforcement thereof by the tax authorities in the Cayman Islands, the United States and other jurisdictions following the Transaction. Other risks, uncertainties and factors are described in our Annual Report on Form 10-K for the fiscal year ended August 30, 2024, our subsequent Quarterly Reports on Form 10-Q, this proxy statement, including in the section titled “The Scheme of
Arrangement Proposal,” and the risks discussed in our other SEC filings. Such risks, uncertainties and factors as outlined above and in such filings do not constitute all risks, uncertainties and factors that could cause actual results of
Penguin Solutions group of companies to be materially different from such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on any forward-looking statements.

The forward-looking statements included in, or incorporated by reference into, this proxy statement are made only as of the date on which the
statements are made. We do not intend, and have no obligation, to update or revise any forward-looking statements in order to reflect events or circumstances that may arise after the date of this proxy statement, except as required by law