RAID 10 was sometimes used for performance reasons as well as redundancy. Also it takes as little as two disks not three like RAID 5.
Are the existing disks solid state/flash or spinning? How much usable space do they have?
The S1012 only supports 4 NVMe drives so making a RAID 10 - 3 VG system seems to be out. Only supports 0.8 and 1.6 Tb drives.
The S1022 supports 8 NVMe internally so you could use six drives that would give you RAID 10 though half a much usable storage.The S1022 also supports 3.2 and 6.4 Tb drives
I wonder if the MTBF for NVMe is good enough that it could replace RAID 10 spinning drives. Of course the real issue with any flash is writes.
NVMe info taken from IBM Power10 Scale Out Servers - Technical Overview - S1012, S1014, S1022s, S1022 and S1024