Company: PRMB
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001193125-25-012325
Chunk: 309

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: S-1
Chunk 309
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 vehicles, and certain machinery and equipment, and tools, furniture, and other equipment. The following table presents the components of lease expense (unaudited, in millions):

|                                       |     | 2024 | Three Months Ended September 30, |     | 2023 |      |     | 2024 | Nine Months Ended September 30, |     | 2023 |      |
|:--------------------------------------|:----|:-----|---------------------------------:|:----|:-----|-----:|:----|:-----|--------------------------------:|:----|:-----|-----:|
| Operating lease expense               |     | $    |                             27.3 |     | $    | 29.7 |     | $    |                            85.1 |     | $    | 89.7 |
| Short-term and variable lease expense |     |      |                              5.6 |     |      |  2.3 |     |      |                            14.9 |     |      |  6.0 |
| Finance lease related expense:        |     |      |                                  |     |      |      |     |      |                                 |     |      |      |
| Depreciation expense                  |     |      |                              1.9 |     |      |    — |     |      |                             4.1 |     |      |    — |
| Interest on lease liabilities         |     |      |                              0.4 |     |      |    — |     |      |                             1.2 |     |      |    — |
| Total lease expense                   |     | $    |                             35.2 |     | $    | 32.0 |     | $    |                           105.3 |     | $    | 95.7 |

The operating lease expense above is included in the accruals and other current and non-currentliabilities line item on the cash flow statement. F-56

Supplemental cash flow information related to leases was as follows (unaudited, in millions):

| Cash paid for amounts included in the measurement of lease obligations: |     | Nine Months Ended September 30, 
 2024                            |      |     | 2023 |       |
|:------------------------------------------------------------------------|:----|:--------------------------------|-----:|:----|:-----|------:|
| Operating cash outflows related to operating leases                     |     | $                               |