Company: PRMB
Filing Date: 2025-03-07
Form Type: 424B3
Source: 0001193125-25-049851
Chunk: 52

Company: Primo Brands Corp
Filing Date: 2025-03-07
Form: 424B3
Chunk 52
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 Individual Performance Factor                                         |     |   | 260,316 |   |
| Company Performance Factor (%)                                                              |     |   |     174 | % |
| Short-Term Bonus (Bonus Target Amount * Individual Performance Factor * Company Performance 
 Factor) ($)                                                                                 |     | $ | 453,211 |   |

Other Cash Bonuses In connection with the commencement of his employment with Primo Water, Mr. Rietbroek was paid a one-timecash sign-onbonus of $882,500 on January 19, 2024, which partially compensated him for certain foregone cash compensation to which he was eligible at his former employer. In the event Mr. Rietbroek was terminated for “Cause” (as defined in the legacy Amended and Restated Severance and Non-CompetitionPlan, which is substantially similar to the definition of “Cause” in the Primo Brands Corporation Severance and Non-CompetitionPlan, further detail in “ —Severance Plan” below) or Mr. Rietbroek resigned for any reason prior to January 1, 2025, the 12-monthanniversary of the commencement of his employment, Mr. Rietbroek would have been required to pay a pro-ratedportion of the sign-onbonus no later than 90 days following the termination of employment. In connection with their outsized efforts during the pendency of the Transaction, Mr. Hass and Ms. Poe were each paid a one-timecash bonus of $300,000, which was paid on November 22, 2024, and Mr. Austin was paid a one-timecash bonus of $800,000, which was paid on December 6, 2024. Mr. Austin previously participated in a predecessor retirement plan and, in connection with transition of BlueTriton participants out of such plan on January 1, 2020, he became eligible for an annual “transition” bonus for the five-year period commencing on January 1, 2020. The annual transition bonus is equal to 2.25% of his base salary as of year-endand his annual transition bonus in respect of 2024 to be paid in a lump sum in April 2025 will be $18,000. Long-TermIncentive Plans Prior to the Transaction, legacy Primo Water employees, including Messrs. Rietbroek and Hass and Ms. Poe, were eligible to participate in the Legacy Equity Plans. Award sizes to Primo Water employees were generally