Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 388

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 388
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 with $0.7 million of previously unamortized deferred financing fees of the
Revolving Credit Facility, are being amortized using the straight-line method over the remaining duration of the Revolving Credit Facility.

As of September 28, 2024, there were no outstanding borrowings under the Revolving Credit Facility and there were $65.6 million in
outstanding letters of credit, resulting in total utilization under the Revolving Credit Facility of $65.6 million. Accordingly, unused availability under the Revolving Credit Facility amounted to $284.4 million as of September 28,
2024.

The weighted-average effective interest rate on the outstanding borrowings under the Revolving Credit Facility as of
September 28, 2024 and December 30, 2023 was 0.0%. The effective interest rate is based on our aggregate availability.

F-133

Note 11—Accumulated Other Comprehensive (Loss) Income Changes in AOCI by component for the three and nine months ended September 28, 2024 and September 30, 2023 were as follows:

| (in millions of U.S. dollars)1   |     | Gains and Losses 
 on Derivative    
 Instruments      |      |   |     | Pension    
 Benefit    
 Plan Items |      |   |     | Currency         
 Translation      
 Adjustment Items |        |   |     | Total |        |   |
|:---------------------------------|:----|:-----------------|-----:|:--|:----|:-----------|-----:|:--|:----|:-----------------|-------:|:--|:----|:------|-------:|:--|
| Balance as of June 29, 2024      |     | $                |  0.8 |   |     | $          | (0.8 | ) |     | $                | (113.0 | ) |     | $     | (113.0 | ) |
| OCI before reclassifications     |     |                  | (4.2 | ) |     |            |    — |   |     |                  |    1.7 |   |     |       |   (2.5 | ) |
| Amounts reclassified from AOCI   |     |                  |  1.6 |   |     |            |    — |   |     |                  |      — |   |     |       |    1.6 |