Company: PENG
Filing Date: 2025-12-19
Form Type: DEF 14A
Source: 0001616533-25-000073
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Company: Penguin Solutions, Inc.
Filing Date: 2025-12-19
Form: DEF 14A
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 company, including as Chief Financial Officer from July 2019 to February 2023, interim Chief Financial Officer from June 2019 to July 2019, and Vice President of Business Finance from April 2019 to June 2019. Prior to that, Mr. Olmstead served in various financial management roles at Hewlett-Packard Company and Hewlett Packard Enterprise, a multinational information technology company, most recently as Vice President of Finance for Global Operations at Hewlett Packard Enterprise. He also served as Vice President of Finance, EG Global Supply Chain and Quality, Vice President of Finance, HP Storage and HP Converged Systems, and Director, HP Investor Relations. Mr. Olmstead holds a Masters in Business Administration from Harvard Business School and a Bachelor of Arts in Quantitative Economics from Stanford University.

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Jack Pacheco has served as our Executive Vice President, Chief Operating Officer (“COO”), and President, Integrated Memory (formerly known as Memory Solutions) since September 2020. He previously served as our SVP, COO, and CFO from October 2011 to September 2020. Previously, from 2004 to 2008, Mr. Pacheco served as our CFO. Prior to rejoining us, from 2008 to 2011, Mr. Pacheco served as Vice President and CFO of Mirion Technologies, Inc., a provider of radiation detection, measurement, analysis, and monitoring products. From 2001 to 2004, Mr. Pacheco served as CFO for Ignis Optics, Inc., an optical components startup acquired by Bookham Technology Inc. Mr. Pacheco holds a Master in Business Administration from Golden Gate University and a Bachelor of Science in Business Administration from Washington State University.

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### COMPENSATION DISCUSSION AND ANALYSIS
This section discusses the compensation program for the Company’s NEOs for fiscal 2025, who are set forth in the table below.

#### Our Named Executive Officers
| Name            |     | Title                                                                             |
| Mark Adams      |     | President and Chief Executive Officer, Penguin Solutions                          |
| Nate Olmstead   |     | Senior Vice President and Chief Financial Officer, Penguin Solutions              |
| Tony Frey *     |     | Senior Vice President and Chief Revenue Officer, Penguin Solutions                |
| Anne Kuykendall |     | Senior Vice President and Chief Legal Officer, Penguin Solutions                  |
|