Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 167

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 167
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 reusable and circular packaging
network, which helps to reduce waste and cater to environmentally aware consumers and customers. This includes extensive direct-to-consumer offerings with our industry-leading line-up of innovative water dispensers, which create customer and
consumer connectivity through recurring water purchases across its Water Direct, Water Exchange and Water Refill businesses. Through our Water Direct business, we deliver responsibly sourced hydration solutions direct to home and business customers.
Through our Water Exchange business, consumers can visit approximately 26,500 retail locations and purchase a pre-filled, multi-use bottle of water that can be exchanged after use for a discount on the next purchase. Through our Water Refill
business, consumers have the option to refill empty multi-use bottles at approximately 23,500 self-service refill stations. We also offer water filtration units for home and business consumers across North America.

Our Geographic Footprint

Our extensive portfolio of products is manufactured, distributed to, and sold across channels, formats, geographies, and usage occasions in
every U.S. state and Canada. In addition to our registered intellectual property in the U.S. and Canada, we own registrations for various trademarks in Europe and Israel related to the portions of our Eden Springs Netherlands B.V. business located
in the United Kingdom and Israel. The Company intends to sell these trademarks as part of its divestiture of the Company’s international businesses. See “Management’s Discussion and Analysis of Financial Condition and Results of
Operations of Primo Water—International Business Sales.” We do not conduct material operations outside of the U.S. and Canada.

Our net sales in the U.S. and Canada accounted for approximately 97% and 3%, respectively, of our total net sales for nine months ended
September 30, 2024, with de minimis sales to other geographies outside of the U.S. and Canada.

Our Springs

We have more than 90 spring water sources located across the U.S. and Canada, and over 28,000 acres of watersheds and wetlands which we help
conserve. Our extensive spring network has enabled us to develop and offer more locally branded products that are sourced directly from the regions in which they are sold, representing an important value proposition to our end consumers and helping
to reduce our environmental impact. We are a leading branded beverage company whose brands own a material amount of spring assets, which strengthens our ability to supply our products and helps us further support our sustainability and water
stewardship efforts.

Of our more than 90 spring water sources located across