Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 291

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 291
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or):

|                                 |     | December 31, | 2023 |     |   |  2022 |
|:--------------------------------|:----|:-------------|-----:|:----|:--|------:|
| Cash                            |     | $            | 44.7 |     | $ | 102.9 |
| Restricted cash                 |     |              |  2.3 |     |   |   2.9 |
| Total cash and cash equivalents |     | $            | 47.0 |     | $ | 105.8 |

The restricted cash balance relates to bottle deposits that are required for specific U.S. state programs. NOTE 4—INVENTORIES Inventories consisted of the following (in millions) (Successor):

|                                                     |     | December 31, |  2023 |     |   |  2022 |
|:----------------------------------------------------|:----|:-------------|------:|:----|:--|------:|
| Raw and packaging materials and semi-finished goods |     | $            | 122.8 |     | $ | 139.6 |
| Finished goods                                      |     |              |  57.6 |     |   |  91.0 |
| Total inventories                                   |     | $            | 180.4 |     | $ | 230.6 |

F-27

NOTE 5—PROPERTY, PLANT AND EQUIPMENT, NET The following table presents the components of property, plant and equipment, net (in millions) (Successor):

|                                                               |     | December 31, |    2023 |   |     |   |    2022 |   |
|:--------------------------------------------------------------|:----|:-------------|--------:|:--|:----|:--|--------:|:--|
| Machinery and equipment                                       |     | $            | 1,194.5 |   |     | $ | 1,034.4 |   |
| Buildings                                                     |     |              |   449.0 |   |     |   |   414.4 |   |
| Tools, furniture, information technology and sundry equipment |     |              |   410.9 |   |     |   |   317.3 |   |
| Construction in progress                                      |     |              |   124.0 |   |     |   |   239.4 |   |
|