Company: PRMB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001140361-25-009675
Chunk: 111

Company: Primo Brands Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 111
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Initial ORCP Stockholder. Accordingly, each of the persons and entities named in this footnote may be deemed to share beneficial ownership of the securities held of record by Triton Water Equity Holdings, LP. ORCP III DE TopCo GP, LLC, Triton Water Parent Holdings, LP, R. Scott Spielvogel and Tony W. Lee may also be deemed to share beneficial ownership of the securities held of record by Triton Water Parent Holdings, LP. On March 10, 2025, the Company, the Initial ORCP Stockholder and Morgan Stanley & Co. LLC and BofA Securities, Inc., acting as representatives for the several underwriters (the “ Underwriters”), entered into an Underwriting Agreement (the “ March 2025 Underwriting Agreement”), pursuant to which the Underwriters agreed to purchase from the Initial ORCP Stockholder, subject to and upon the terms and conditions set forth therein, 45,000,000 shares of Common Stock at a price of $29.50 per share (the “ March 2025 Secondary Offering”). Pursuant to the March 2025 Underwriting Agreement, the Initial ORCP Stockholder granted the Underwriters an option, exercisable for 30 days, to purchase up to an additional 6,750,000 shares of Common Stock at $29.50 per share. On March 12, 2025, the March 2025 Secondary Offering closed and the Underwriters exercised the option to purchase an additional 6,750,000 shares of Common Stock. Following the March 2025 Secondary Offering, as of March 12, 2025, the ORCP Stockholders beneficially own 166,868,368 shares, or 44.4%, of the Company’s outstanding Common Stock. The principal business address of each of the entities and persons identified in this footnote is c/o One Rock Capital Partners, LLC, 45 Rockefeller Plaza, 39th Floor, New York, NY 10111.

| (2) | Based solely on information reported in a Schedule 13G filed by FMR LLC on February 12, 2025. As reported in such filing, FMR LLC was the beneficial owner of 21,222,593 shares of Common Stock, with sole voting power with respect to 21,218,457 shares of Common Stock and sole dispositive power with respect to 21,222,593 shares of Common Stock. The address of FMR LLC is 245 Summer Street, Boston, MA 022