Company: PRMB
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001193125-25-045972
Chunk: 47

Company: Primo Brands Corp
Filing Date: 2025-03-05
Form: S-1/A
Chunk 47
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 impact on development and achievement of our business strategy. The following table sets forth the 2024 base salary for each named executive officer:

| Name              |     | 2024 Base 
 Salary    |         |
|:------------------|:----|:----------|--------:|
| Robbert Rietbroek |     | $         | 750,000 |
| David Hass        |     | $         | 550,000 |
| Robert Austin     |     | $         | 800,000 |
| Marni Morgan Poe  |     | $         | 515,000 |
| Hih Song Kim      |     | $         | 411,000 |

Cash Bonuses Annual Performance Bonuses With respect to 2024, our named executive officers will receive cash performance bonuses pursuant to the terms of the applicable legacy annual bonus plan, which, for Messrs. Rietbroek and Hass and Ms. Poe, relate to the legacy Primo Water annual bonus plan, and for Mr. Austin and Ms. Kim, relate to the legacy BlueTriton annual bonus plan. Going forward and depending on our financial and operating performance, the Compensation Committee may approve performance-basedbonuses. Eligibility for go-forwardperformance bonuses is set forth in a named executive officer’s employment offer letter. However, “target” bonus opportunities are expected to be established by the Compensation Committee and are generally expected to be based on market competitiveness, the expected impact of the executive’s role within Primo Brands, and the executive’s expected long-termcontributions. The annual performance goals will be reviewed and approved by the Compensation Committee. The Compensation Committee believes that this annual incentive arrangement provides executives with clear, quantified targets, intended to focus them on meeting strategic goals, while also aligning management’s interests with those of our long-termstockholders in the sustained growth of stockholder value. For Mr. Rietbroek, the Compensation Committee will recommend to the Board such “target” bonus opportunities, which are generally expected to be based on market competitiveness, Mr. Rietbroek’s expected impact in his role within Primo Brands, and Mr. Rietbroek’s expected long-termcontributions. Such annual performance goals will be reviewed and approved by the Board. Company Performance Targets applicable to Primo Water with respect to fiscal 2024 Performance bonus eligibility for legacy Primo Water employees in 2024 will be determined based on achieving certain corporate targets and on aggregated accountability for each named executive officer to grow the business and stockholder