Company: PRMB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001140361-25-009675
Chunk: 114

Company: Primo Brands Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 114
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, executive officer, nominee or more than 5% beneficial owner. |

The following is a description of transactions to which we were a party since January 1, 2021 in which the amount involved exceeded or will exceed $120,000, and in which any of our executive officers, directors or holders of more than 5% of any class of our voting securities, or an affiliate or immediate family member or a person sharing the household with, any of these individuals (other than tenants or employees), had or will have a direct or indirect material interest. TRANSACTIONS RELATED TO DIRECTORS, EQUITY HOLDERS AND EXECUTIVE OFFICERS In consideration for the provision of advice and strategic planning to the Company in connection with the Transaction, Fairmont Holdings, LLC (an affiliate of C. Dean Metropoulos), received approximately $2.3 million as a lump sum cash payment on November 5, 2024. Such compensation was paid to Fairmont for non-director services. For the year ended December 31, 2024, we recorded expenses paid to One Rock, Fairmont Holdings, LLC (an affiliate of C. Dean Metropoulos), and certain of One Rock’s senior operating executives (the “ Advisors”) that were associated with management fees and associated costs pursuant to management agreements with the Advisors, as well as transaction fees, of $53.6 million, which were included in Selling, general and administrative expenses in our consolidated financial statements. We recorded an associated accrual of $0.2 million as of December 31, 2024. Other than with respect to the Margin Loan and the March 2025 Repurchase (each as defined below), all of the transactions described in this section occurred prior to the adoption of the related person transaction policy. The matters described below under Liquidity and Transfer Restrictions, Margin Loan and Repurchase Transaction were approved in accordance with our related person transaction policy. For the year ended December 31, 2024, we purchased approximately $30.9 million, of materials used in the production process from Alltrista Plastics LLC (“ Alltrista”), a subsidiary of Jadex Inc., a One Rock portfolio company, which were recorded as a component of cost of goods sold. Additionally, we recorded $0.2 million payable related to the unpaid portion of purchases at December 31, 2024.

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TABLE OF CONTENTS STOCKHOLDERS AGREEMENT On November 7, 2024, the Company and the Initial ORCP Stockholder entered