Penguin Solutions Reports on Shareholder Vote Matters

TL;DR

Penguin Solutions held a shareholder vote on Feb 7th. Details to follow.

AI Summary

Penguin Solutions, Inc. filed an 8-K on February 12, 2025, reporting on a submission of matters to a vote of security holders that occurred on February 7, 2025. The company, formerly known as SMART Global Holdings, Inc., is incorporated in the Cayman Islands and operates in the semiconductors industry.

Why It Matters

This filing indicates that Penguin Solutions held a shareholder vote, which is a key governance event that can impact corporate decisions and future strategic direction.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholder vote and does not contain information suggesting immediate financial or operational risks.

Key Players & Entities

• Penguin Solutions, Inc. (company) — Registrant
• SMART Global Holdings, Inc. (company) — Former Name
• February 7, 2025 (date) — Date of earliest event reported
• February 12, 2025 (date) — Date of Report
• 001-38102 (other) — Commission File Number

FAQ

Key Financial Figures

• $0.03 — e on which registered Ordinary shares, $0.03 par value per share PENG Nasdaq Global

Filing Documents

• peng-20250207.htm (8-K) — 33KB
• peng-20250207_g1.jpg (GRAPHIC) — 70KB
• 0001628280-25-005193.txt ( ) — 305KB
• peng-20250207.xsd (EX-101.SCH) — 2KB
• peng-20250207_lab.xml (EX-101.LAB) — 22KB
• peng-20250207_pre.xml (EX-101.PRE) — 13KB
• peng-20250207_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. Penguin Solutions, Inc. (the "Company") held its 2025 Annual General Meeting of Shareholders (the "Annual General Meeting") on February 7, 2025. The final voting results for each of the items submitted to a shareholder vote at the Annual General Meeting are set forth below. Proposal No. 1: Election of Directors Shareholders elected each of the two nominees for Class II director to serve until the Company's 2028 annual general meeting of shareholders or until their successors are duly elected and qualified. The results of such vote were: Nominee For Against Abstain Broker Non-Votes Min Yong Ha 38,229,828 1,951,185 33,564 5,881,580 Penelope Herscher 37,492,270 2,693,566 28,741 5,881,580 Proposal No. 2: Ratification of the Selection of the Company's Independent Registered Public Accounting Firm Shareholders ratified the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending August 29, 2025. The results of such vote were: For Against Abstain Broker Non-Votes 45,319,496 767,993 8,668 0 Proposal No. 3: Approval, on a Non-Binding Advisory Basis, of the Compensation of the Company's Named Executive Officers Shareholders approved, on a non-binding advisory basis, the compensation of the Company's named executive officers. The results of such vote were: For Against Abstain Broker Non-Votes 39,400,995 733,768 79,814 5,881,580 Proposal No. 4: Approval, on a Non-Binding Advisory Basis, of the Frequency of the Advisory Vote to Approve the Compensation of the Company's Named Executive Officers Shareholders approved, on a non-binding advisory basis, "one year" as the frequency of the advisory vote to approve the compensation of the Company's named executive officers. The results of such vote were: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 38,737,343 162,494 1,250,680 64,060 5,881,580 In accordance with the recomm

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 12, 2025 Penguin Solutions, Inc. By: /s/ Anne Kuykendall Anne Kuykendall Senior Vice President and Chief Legal Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR