Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 190

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 190
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 under SEC rules. The Audit Committee is responsible for overseeing the Company’s corporate accounting and financial reporting process and assisting the Board in its oversight of (i) the integrity of the financial statements of the Company; (ii) the Company’s compliance with legal and regulatory requirements; (iii) the qualifications and independence of the Company’s independent auditor; (iv) the performance of the Company’s internal auditors and independent 128

auditor; and (v) disclosure controls, internal controls over financial reporting, and compliance with ethical standards adopted by the Company. The Audit Committee is responsible for, among other things:

| • |     | appointing, compensating, retaining, and overseeing the work of our independent auditor; |

| • |     | discussing with our independent auditor any audit problems or difficulties and management’s response; |

| • |     | pre-approving all permitted audit and                           
 non-audit services performed for us by our independent auditor; |

| • |     | reviewing and discussing our annual audited financial statements and quarterly financial statements with our 
 management and our independent auditor;                                                                      |

| • |     | overseeing our risk management activities, including holding periodic discussions with management regarding our                                                                                                                                           
 guidelines and policies with respect to risk assessment, risk management, and major strategic, financial, and operational risk exposures such as fraud, cybersecurity, artificial intelligence, and data privacy matters, and environmental, competitive, 
 and regulatory risks, and providing oversight and accountability with respect to the execution of appropriate plans to mitigate and/or address such risks; and                                                                                            |

| • |     | establishing procedures for: (i) the receipt, retention, and treatment of complaints received regarding                                                                                                       
 accounting, internal accounting controls and auditing matters, and (ii) the confidential, anonymous submission by the Company’s associates of concerns regarding questionable accounting or auditing matters. |

Compensation Committee The Compensation Committee of the Board (the “Compensation Committee”) is composed of Mr. Cramer, Mr. Foss, Mr. Lee, and Mr. Stanbrook, with Mr. Cramer serving as Chair. The Board has determined that each member of the Compensation Committee qualifies as “independent” under the applicable stock exchange listing standards and the rules and regulations of the SEC, other than Mr. Lee. We are relying on the phase-in exemption provided to newly-public companies under the NYSE listing rules with respect to the composition of our Compensation Committee, which will transition to consist solely of independent directors in accordance with the phase-inprovisions of the NYSE listing rules