Company: PRMB
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001193125-25-012325
Chunk: 235

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: S-1
Chunk 235
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 nominee to become a director of the Company;                         |

| • |     | any person who is known to be the beneficial owner of more than 5% of any class of the Company’s voting 
 securities; and                                                                                         |

| • |     | any immediate family member of any of the foregoing persons, which means any child, stepchild, parent,                                                    
 stepparent, spouse, sibling, mother-in-law, father-in-law,                                                                                                
 son-in-law, daughter-in-law, brother-in-law or sister-in-law of the director, executive officer, nominee or more than 5% beneficial owner, and any person 
 (other than a tenant or employee) sharing the same household of such director, executive officer, nominee or more than 5% beneficial owner.               |

The following is a description of transactions to which we were a party since January 1, 2021 in which the amount involved exceeded or will exceed $120,000, and in which any of our executive officers, directors or holders of more than 5% of any class of our voting securities, or an affiliate or immediate family member or a person sharing the household with, any of these individuals (other than tenants or employees), had or will have a direct or indirect material interest. Other than with respect to the Margin Loan (as defined below), all of the transactions described in this section occurred prior to the adoption of the related person transaction policy. The matters described below related to the Margin Loan were approved in accordance with our related person transaction policy. In consideration for the provision of advice and strategic planning to the Company in connection with the Transaction, Fairmont, an affiliate of Mr. Metropoulos, received approximately $2,320,303 as a lump sum cash payment on November 5, 2024. Such compensation was paid to Fairmont for non-director services. For the three and nine months ended September 30, 2024, we incurred expenses of $4.5 million and $18.6 million, respectively, paid to the Advisors in management fees and associated costs pursuant to management agreements with the Advisors, which were recorded as selling, general and administrative expenses. As of September 30, 2024 and December 31, 2023, we had prepaid $3.7 million and $3.4 million, respectively, which was recorded in prepaid expenses and other current assets. For the three and nine months ended September 30, 2024, we purchased $9.2 million and $24.