Company: PRMB
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001193125-25-012325
Chunk: 162

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: S-1
Chunk 162
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 enabled us to develop and offer more locally branded products that are sourced directly from the regions in which they are sold, representing an important value proposition to our end consumers and helping
to reduce our environmental impact. We are a leading branded beverage company whose brands own a material amount of spring assets, which strengthens our ability to supply our products and helps us further support our sustainability and water
stewardship efforts.

Of our more than 90 spring water sources located across the U.S. and Canada, 38 sites are company owned, five sites
have a unique joint relationship and the rest are leased, some exclusively and some not exclusively. We also own three artesian wells and lease a fourth. While we source water from spring sites across the U.S. and Canada, we are presently materially
dependent on single spring sources in Canada, as well as our springs in Portland, Oregon; Kent, Washington; Phoenix, Arizona; Kansas City, Kansas; Denver, Colorado; and Camp Holly, Virginia. These sources represent only a small fraction of our total
spring volume, and the Company is

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working on finding, permitting, and bringing online additional sources to eliminate the single source sites. The bulk of the Company’s spring sources are located in Maine, Pennsylvania,
California, Florida, and Texas.

Government Regulation

Our water and beverage products are regulated in the United States as conventional foods. We, along with our distributors and co-packing and supplier partners, are subject, as applicable, to extensive laws and regulations in the United States by federal, state, and local government authorities including, among others, the FTC, the FDA, the
U.S. Department of Agriculture, the EPA, U.S. Customs and Border Protection, the U.S. Occupational Safety and Health Administration and similar state and local agencies. Under various statutes, these agencies regulate the manufacturing, preparation,
quality control, import, export, packaging, labeling, storage, recordkeeping, marketing, advertising, promotion, distribution, safety and/or adverse event reporting of conventional foods. Among other things, the facilities in which our products and
ingredients are manufactured must register with the FDA and comply with current good manufacturing practices and other requirements applicable to the production and distribution of conventional food products. We and our manufacturing and co-packing partners are also subject to similar requirements in the Canadian provinces in which we operate.

The FDA regulates food and beverage products, including bottled water, as conventional foods pursuant to the Federal Food, Drug, and Cosmetic
Act (the “FFDCA”) and its implementing