Company: PRMB
Filing Date: 2025-03-07
Form Type: 424B3
Source: 0001193125-25-049851
Chunk: 113

Company: Primo Brands Corp
Filing Date: 2025-03-07
Form: 424B3
Chunk 113
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 • |     | amend, modify, waive, or repeal any provision of the Stockholders Agreement or the organizational documents of                                                                                                                                        
 Primo Brands or any of our subsidiaries that adversely affects the powers, preferences, rights, or protections of the ORCP Stockholders or the Sponsor Nominees (as such term is defined in the Stockholders Agreement), increases the liability of a 
 Sponsor Nominee, or adversely affects the Company’s ability to perform its obligations under the Stockholders Agreement;                                                                                                                              |

| • |     | designate a director to the Board other than in accordance with our certificate of incorporation; and |

| • |     | enter into an agreement to do any of the foregoing. |

Pursuant to the Stockholders Agreement, approval of 66 2⁄ 3% of the Board will be required in order for the Company to do any of the following:

| • |     | issue Shares or other equity securities, including any preferred stock, to the Initial ORCP Stockholder and                                   
 certain of its permitted transferees, other than to ORCP pursuant to its purchase rights described below under “—Purchase and Notice Rights”; |

| • |     | enter into or effect a change of control (as defined in any of the senior note indentures in existence at 
 Closing) or similar transaction;                                                                          |

| • |     | increase or decrease the size of the Board or the board of directors of any subsidiary, or any committee thereof, 
 other than as specified above; and                                                                                |

| • |     | initiate a voluntary liquidation, dissolution, winding up, bankruptcy, or other insolvency proceeding of Primo 
 Brands or any of our material subsidiaries.                                                                    |

75

Furthermore, removing or replacing our CEO in the first year following the Closing will
require approval of 66⁄% of the Board.

Purchase and Notice Rights

Pursuant to the Stockholders Agreement, so long as the ORCP Stockholders beneficially own at least 15% of the shares of
Class A common stock, the ORCP Stockholders will have the right to purchase their pro rata portion of any equity securities newly offered by the Company or any of our subsidiaries in a public or
non-public offering of equity securities, other than in certain circumstances, including issuances of equity securities to directors, officers, associates, or consultants, issuances pursuant to equity
incentive or similar benefits plans, issuances made as consideration for any acquisition by the Company or as part of a strategic partnership or commercial