Company: PRMB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001140361-25-009675
Chunk: 92

Company: Primo Brands Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 92
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 on December 7, 2017, which are fully vested. |

| (25) | This amount represents stock options granted on December 11, 2018, which are fully vested. |

| (26) | This amount represents stock options granted on December 11, 2019, which are fully vested. |

| (27) | Ms. Kim was granted 1,000 Class B units on August 27, 2021 with a vesting commencement date of July 19, 2021, consisting of 500 Class B units subject to time-based vesting and 500 Class B units subject to performance-based vesting. 50% of the Class B units subject to time-based vesting vested on July 19, 2023. An additional 16 2/3% vested on July 19, 2024 and the remaining unvested Class B units subject to time-based vesting will vest in equal installments of 16 2/3% on each of the fourth and fifth anniversaries of July 19, 2021 with accelerated vesting of all such Class B units upon an Exit Transaction, subject to Ms. Kim’s continued service with the Company through the applicable vesting dates. The remaining unvested Class B units subject to performance-based vesting for Ms. Kim will vest based achievement of a multiple on invested capital returned to significant investors in TWP Holdings, subject to Ms. Kim’s continued service with the Company through the applicable vesting date. |

OPTION EXERCISES AND STOCK VESTED IN FISCAL 2024 The following table sets forth information with respect to option exercises and stock awards vesting during 2024 for each of our NEOs.

|                   |     |        Option Awards |     |                |     |        Stock Awards |     |                |
| Name              |     |     Number of Shares 
 Acquired on Exercise 
                  (#) |     | Value Realized 
    on Exercise 
            ($) |     |    Number of Shares 
 Acquired on Vesting 
              (#)(1) |     | Value Realized 
     on Vesting 
         ($)(2) |
| Robbert Rietbroek |     |                    — |     |              — |     |                   — |     |              — |
| David Hass        |     |                    — |     |              — |     |              30,537 |     |        846,655 |
| Robert Austin     |