Penguin Solutions, Inc.

At Penguin Solutions, we understand the boundless potential of technology and support our customers in turning cutting-edge ideas into outcomes faster, and at any scale. With over two decades of experience as trusted advisors, Penguin Solutions is an end-to-end technology company solving complex challenges in computing, memory and LED solutions. Penguin Solutions designs, builds, deploys and manages high-performance, high-availability enterprise solutions, allowing customers to achieve their breakthrough innovations. We do this in partnership with our customers customizing solutions while facilitating rapid time to value, optimized long-term performance, high availability, and greater return on investment. As of the end of fiscal 2025, Penguin Solutions employed approximately 2,900 employees worldwide, with most located in the United States, China, and Malaysia. We believe that our employees are the cornerstone of our success. To support their efforts, we aim to provide inclusive and equitable workplaces maintained through ongoing intentional actions. On October 15, 2024, we changed our corporate name from SMART Global Holdings, Inc. to Penguin Solutions, Inc. and changed our Nasdaq Global Select Market ticker symbol from SGH to PENG. The changes to the corporate name and ticker symbol did not have any impact on our legal entity structure, financial statements or previously reported financial information. On June 30, 2025, we consummated the U.S. Domestication of the parent company of our corporate group from the Cayman Islands to the State of Delaware in the United States.