Company: PRMB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001140361-25-009675
Chunk: 51

Company: Primo Brands Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 51
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 on-the-go – whenever, wherever, and however they hydrate. We aim to be a force for good in our communities by providing healthy hydration, local environmental stewardship, and innovative beverage and circular packaging solutions to drive growth and create value for all stakeholders. In furtherance of our goals, we strive to be a pay-for-performance company, offering market-competitive compensation, meaningful benefits and differentiated rewards for our high performers. We believe that investing in our associates results in increased engagement, satisfaction and retention, which ultimately leads to an elevated customer experience and increased stockholder value. Our total rewards program applicable across our organization (including with respect to the NEOs previously employed by Primo Water or BlueTriton) encompasses six primary components that collectively define our organization’s value proposition:

| • | Compensation. Includes both fixed pay and variable pay tied to performance levels. |

| • | Benefits/Perquisites. Programs to supplement the compensation associates receive, including health and well-being, income protection, savings and retirement programs that offer security for associates and their families. |

| • | Recognition. Either formal or informal programs that acknowledge or give special attention to associate actions, efforts, behaviors or performance that support business strategy. |

| • | Talent Development. Programs and tools for associates to advance their skills and competencies in both their short- and long-term careers. |

| • | Performance Management. The alignment of organizational, team and individual efforts toward the achievement of business goals and organizational success. Performance management includes establishing expectations, skill demonstration, assessment, feedback and continuous improvement. |

| • | Work-Life Effectiveness. A specific set of organizational practices, policies and programs, plus a philosophy that actively supports efforts to help associates achieve success at both work and home. |

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TABLE OF CONTENTS

Our total rewards program (including the prior programs maintained by Primo Water and BlueTriton) is generally designed to:

| • | Attract, motivate, reward, and retain talent who contribute to the success of Primo Brands. |

| • | Provide fair and competitive compensation packages that are designed to retain and incentivize executives to drive company performance. |

| • | Focus on variable compensation that rewards the achievement of short-term and long-term goals and emphasizes Primo Brands’ commitment to pay-for-performance. |

| • | Recognize that different people have different needs, and thus strive to provide flexibility and choice in our reward system. |

| • | Provide our talent with opportunities, which relate to competitive practices and reflect individual responsibilities, skills, and