Company: PRMB
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001193125-25-045972
Chunk: 76

Company: Primo Brands Corp
Filing Date: 2025-03-05
Form: S-1/A
Chunk 76
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 value realized on vesting has been calculated by utilizing the closing price of our common shares on the NYSE as of December 28, 2024 ($31.15), which was the end date of the original performance period. Option Vesting in Fiscal Year 2024 with respect to BlueTriton Profits Interests 79.58 Class B units held by Mr. Austin subject to time-based vesting vested during fiscal 2024, including 20.83 Class B Units on April 1, 2024, 25 Class B Units on October 9, 2024, and 33.75 Class B Units on October 31, 2024. 83.33 Class B units held by Ms. Kim subject to time-based vesting vested on July 19, 2024. We believe that the BlueTriton Profits Interests are properly classified as “options” under the definition provided in Item 401(a)(6)(i) of Regulation S-Kunder the Securities Act as an instrument with an “option-like feature”. However, since the BlueTriton Profits Interests are profits interests, and not options, the awards are not subject to exercise 49

and do not require the payment of an exercise price. As such, there is no value realized upon “exercise” of BlueTriton Profits Interests . Nonqualified Deferred Compensation Table We maintain the BlueTriton NQDC Plan and the Primo Water Deferred Compensation Program for a select group of our highly compensated employees of BlueTriton, in which Ms. Kim is the sole NEO who is a participant of the BlueTriton NQDC Plan and Ms. Poe is the sole NEO who is a participant of the Primo Water NQDC Plan. For a summary of the material elements of the BlueTriton NQDC Plan and Primo Water NQDC Plan, see “ —Nonqualified Deferred Compensation Plans” above. The following table contains information regarding the BlueTriton NQDC Plan and Primo Water NQDC Plan.

| Name             |     | Executive     
 Contributions 
 in Last FY    
 ($)(1)        |        |     | Registrant    
 Contributions 
 in Last FY    
 ($)           |   |     | Aggregate 
 Earnings  
 in Last   
 FY        
 ($)(2)    |        |     | Aggregate     
 Withdrawals/  
 Distributions 
 ($)           |   |     | Aggregate 
 Balance   
 at Last   
 FYE