Company: PRMB
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001193125-25-012325
Chunk: 356

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: S-1
Chunk 356
---
 plan assets                         |                               |   |                 — |   |     |   |               7.1 |   |
| Unfunded status                                   |                               | $ |                 — |   |     | $ |              (0.2 | ) |

The accumulated benefit obligation for the U.S. Plan was nil and $7.3 million as of December 30, 2023 and December 31, 2022, respectively. The components of net periodic pension cost were as follows:

|                                       | (in millions of U.S. dollars) |   | December 30, 2023 |   |     |   | December 31, 2022 |   |     |   | January 1, 2022 |   |
|:--------------------------------------|:------------------------------|:--|------------------:|:--|:----|:--|------------------:|:--|:----|:--|----------------:|:--|
| Interest cost                         |                               | $ |               0.2 |   |     | $ |               0.1 |   |     | $ |             0.2 |   |
| Expected return on plan assets        |                               |   |              (0.1 | ) |     |   |              (0.1 | ) |     |   |            (0.2 | ) |
| Recognized net loss due to settlement |                               |   |               0.5 |   |     |   |                 — |   |     |   |               — |   |
| Net periodic pension cost             |                               | $ |               0.6 |   |     | $ |                 — |   |     | $ |               — |   |

Accumulated Other Comprehensive (Loss) Income Amounts included in accumulated other comprehensive (loss) income, net of tax, as of the periods presented which have not yet been recognized in net periodic benefit cost were as follows:

| (in millions of U.S. dollars)              |     | December 30, 2023 |   |     | December 31, 2022 |      |   |     | January 1, 2022 |      |   |
|:-------------------------------------------|:----|:------------------|:--|:----|:------------------|:-----|:--|:----|:----------------|:-----|:--|
| Unrecognized net actuarial loss            |     | $                 | —