Company: PRMB
Filing Date: 2025-05-08
Form Type: 424B3
Source: 0002042694-25-000009
Chunk: 54

Company: Primo Brands Corp
Filing Date: 2025-05-08
Form: 424B3
Chunk 54
---
 |     — |
| Management fees                                                        |     |                              |     |     — |     |      |     |   9.3 |
| Purchase accounting adjustments                                        |     |                              |     |   1.2 |     |      |     |     — |
| Other adjustments, net                                                 |     |                              |     |   5.1 |     |      |     |   4.5 |
| Adjusted EBITDA                                                        |     | $                            |     | 341.5 |     | $    |     | 217.7 |

<div align='center'>40</div>

Three Months Ended March 31, 2025 Compared to Three Months Ended March 31, 2024

### Consolidated Results
The following table sets forth our consolidated statements of operations data for the periods indicated:

| ($ in millions)                                       |     | Three Months Ended March 31, 
 2025                         |     |         |     | % of Net Sales |       |   |     | 2024 |     |         |     | % of Net Sales |       |   |     | $ Variance |     |       |     | % Change |        |      |
|:------------------------------------------------------|:----|:-----------------------------|:----|--------:|:----|:---------------|------:|:--|:----|:-----|:----|--------:|:----|:---------------|------:|:--|:----|:-----------|:----|------:|:----|:---------|-------:|:-----|
| Net sales                                             |     | $                            |     | 1,613.7 |     |                | 100.0 | % |     | $    |     | 1,135.8 |     |                | 100.0 | % |     | $          |     | 477.9 |     |          |   42.1 | %    |
| Cost of sales                                         |     |                              |     | 1,092.7 |     |                |  67.7 | % |     |      |     |   790.3 |     |                |  69.6 | % |     |            |     | 302.4 |     |          |   38.3 | %    |
| Gross profit                                          |     |                              |     |   521.0 |     |                |  32.