Company: PRMB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001140361-25-009675
Chunk: 44

Company: Primo Brands Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 44
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. We are relying on the phase-in exemptions provided under Rule 10A-3 of the Exchange Act and the NYSE listing rules for newly-public companies with respect to the composition of our Audit Committee, which will transition to consist solely of independent directors in accordance with the phase-in provisions of the NYSE listing rules. In addition, the Board has determined that Ms. Cates qualifies as an “audit committee financial expert,” as such term is defined under SEC rules. The Audit Committee is responsible for overseeing the Company’s corporate accounting and financial reporting process and assisting the Board in its oversight of (i) the integrity of the financial statements of the Company; (ii) the Company’s compliance with legal and regulatory requirements; (iii) the qualifications and independence of the Company’s independent auditor; (iv) the performance of the Company’s internal auditors and independent auditor; and (v) disclosure controls, internal controls over financial reporting, and compliance with ethical standards adopted by the Company. The Audit Committee is responsible for, among other things:

| • | appointing, compensating, retaining, and overseeing the work of our independent auditor; |

| • | discussing with our independent auditor any audit problems or difficulties and management’s response; |

| • | pre-approving all permitted audit and non-audit services performed for us by our independent auditor; |

| • | reviewing and discussing our annual audited financial statements and quarterly financial statements with our management and our independent auditor; |

| • | overseeing our risk management activities, including holding periodic discussions with management regarding our guidelines and policies with respect to risk assessment, risk management, and major strategic, financial, and operational risk exposures such as fraud, cybersecurity, artificial intelligence, and data privacy matters, and environmental, competitive, and regulatory risks, and providing oversight and accountability with respect to the execution of appropriate plans to mitigate and/or address such risks; and |

| • | establishing procedures for: (i) the receipt, retention, and treatment of complaints received regarding accounting, internal accounting controls and auditing matters, and (ii) the confidential, anonymous submission by the Company’s associates of concerns regarding questionable accounting or auditing matters. |

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TABLE OF CONTENTS

The Audit Committee charter is available on our website at ir.primobrands.com. The Audit Committee met one (1) time during the fiscal year ended December 31, 2024. COMPENSATION COMMITTEE The Compensation Committee of the Board (the “ Compensation Committee”) is composed of Mr. Cramer, Mr. Foss