Company: PRMB
Filing Date: 2025-11-06
Form Type: 424B3
Source: 0001628280-25-049955
Chunk: 47

Company: Primo Brands Corp
Filing Date: 2025-11-06
Form: 424B3
Chunk 47
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 table below:

|                                                      | ($ in millions) |   | Three Months Ended 
 September 30, 2025 |     |   |  Nine Months Ended 
 September 30, 2025 |
|:-----------------------------------------------------|:----------------|:--|-------------------:|:----|:--|-------------------:|
| Foreign exchange contracts                           |                 |   |                    |     |   |                    |
| Hedged item                                          |                 | $ |               -0.7 |     | $ |              -58.9 |
| Derivative designated as hedging instrument          |                 | $ |                0.7 |     | $ |               58.9 |
| Amount reclassified from AOCI to expense (amortized) |                 | $ |               -2.2 |     | $ |               -6.9 |

The amount of gains or (losses), net of tax, recognized in the Condensed Consolidated Statements of Comprehensive Income for fair value hedging relationships for the three and nine months ended September 30, 2025 is shown in the table below:

|                                                       | ($ in millions) |   | Three Months Ended 
 September 30, 2025 |     |   |  Nine Months Ended 
 September 30, 2025 |
|:------------------------------------------------------|:----------------|:--|-------------------:|:----|:--|-------------------:|
| Foreign exchange contracts                            |                 |   |                    |     |   |                    |
| Amount excluded from the assessment of effectiveness1 |                 | $ |               -4.4 |     | $ |               -5.8 |

______________________

1 Amount is net of tax impact of $1.5 million and $2.0 million for the three and nine months ended September 30, 2025, respectively.

Other than the settlement of the 2024 FX Forwards described above, there were no settlements of the Company's foreign exchange contracts during the three and nine months ended September 30, 2025.

#### Economic (Non-Designated) Hedging Strategy
In addition to derivative instruments that have been designated and qualify for hedge accounting, the Company also uses certain derivatives as economic hedges of commodity exposure. Although these derivatives were not designated and/or did not qualify for hedge accounting, they are effective economic hedges. The changes in the fair values of economic hedges are immediately recognized in earnings.

As of September 30, 2025, the fair value of