Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 207

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 207
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| Base Salary for Fiscal Year 2024 ($)                                                        |     | $ | 406,745 |   |
| Target Bonus Percentage (%)                                                                 |     |   |      50 | % |
| Bonus Target Amount (Base Salary * Target Bonus Percentage) ($)                             |     |   |         |   |
| Aggregate Individual Performance Rating (Calculated)                                        |     |   |         |   |
| Individual Performance Factor (%)                                                           |     |   |         |   |
| Bonus Target Amount * Individual Performance Factor                                         |     |   |         |   |
| Company Performance Factor (%)                                                              |     |   |         |   |
| Short-Term Bonus (Bonus Target Amount * Individual Performance Factor * Company Performance 
 Factor) ($)                                                                                 |     |   |         |   |

Company performance is not yet determinable as of the date of this registration statement. 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 the cash compensation that he left behind with 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