Company: PRMB
Filing Date: 2025-02-27
Form Type: S-1/A
Source: 0001193125-25-039341
Chunk: 113

Company: Primo Brands Corp
Filing Date: 2025-02-27
Form: S-1/A
Chunk 113
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 and, as a result, the Beneficial Ownership Sunset Time occurred and the Class B Conversion was consummated.
Therefore, ORCP, as well as the ORCP Group, are no longer subject to the limitation on voting no more than 49% of the shares of Class A common stock then outstanding.

Each holder of Class B common stock will be entitled to one vote for each share of Class B common stock on each matter submitted to
a vote of stockholders, except that holders of Class B common stock will not be entitled to vote on the election, appointment, or removal of directors of the Company. The holders of Class A common stock and Class B common stock will
generally vote together as a single class on all matters submitted to a vote of our Stockholders, unless otherwise required by Delaware law or our certificate of incorporation, and except that holders of Class B common stock will not be
entitled to vote on the election, appointment, or removal

73

of our directors. Delaware law could require either holders of Class A common stock or Class B common stock to vote separately as a single class in the following circumstances:

| • |     | if we were to seek to amend our certificate of incorporation to increase or decrease the par value of a class of 
 our capital stock, then that class would be required to vote separately to approve the proposed amendment; and   |

| • |     | if we were to seek to amend our certificate of incorporation in a manner that alters or changes the powers,                                                                                         
 preferences, or special rights of a class of our capital stock in a manner that affected holders adversely, then that class would be required to vote separately to approve the proposed amendment. |

In addition, the affirmative vote of holders of at least 66 2⁄ 3% of the voting power of all of the then-outstanding voting stock will be required to take certain actions, including amending certain provisions of our certificate of incorporation, including the provisions relating to amending our bylaws and director or officer liability. For so long as any shares of Class B common stock is outstanding, the unanimous vote of the holders of shares of Class B common stock will be required to take certain actions, including amending the provisions of our certificate of incorporation relating to the equal treatment of the shares of Class B common stock and to the voting and conversion rights relating to the shares of Class B common stock. Conversion Rights Our certificate of incorporation provides that each share of Class B common stock may be converted into one share of Class A common stock