Company: PRMB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0002042694-25-000003
Chunk: 170

Company: Primo Brands Corp
Filing Date: 2025-02-27
Form: 10-K
Item: Item 16
Chunk 170
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.6)$92.8 $(126.7)Dividend on preferred stock— 25.8 32.7 Excess of redemption price over carrying value of preferred stock— 3.1 1.1 Net (loss) income from continuing operations attributable to common stockholders for EPS$(12.6)$63.9 $(160.5)Net loss from discontinued operations, net of tax$(3.8)$— $— Denominator (shares in thousands):Weighted-average common shares outstanding - basic242,315 218,338 218,287 Weighted-average common shares outstanding - diluted242,315 218,338 218,287 Net (loss) income per common share:Basic:Continuing operations$(0.05)$0.29 $(0.74)Discontinued operations$(0.02)$— $— Net (loss) income per common share$(0.07)$0.29 $(0.74)Diluted:Continuing operations$(0.05)$0.29 $(0.74)Discontinued operations$(0.02)$— $— Net (loss) income per common share$(0.07)$0.29 $(0.74)

F-45

The following potentially dilutive shares were excluded from the computation of diluted net (loss) income per share for the periods presented because including them would have been antidilutive:For the Years Ended December 31,(shares in thousands)202420232022Stock options1,068 — — Performance-based RSUs 1465 — — Time-based RSUs2,557 — — ______________________1     Performance-based RSUs represent the number of shares expected to be issued based on the estimated achievement of the performance metric for these awards.

NOTE 23—COMMITMENTS AND CONTINGENCIES

The Company may be party to a variety of litigation, claims, legal or regulatory proceedings, inquiries, and investigations including but not limited to matters arising out of the ordinary course of business, including those related to advertising, marketing or commercial practices, personal injury and property damage, intellectual property rights, employment, tax and insurance, and matters relating to compliance with applicable laws and regulations. Responding to these matters, even those that are ultimately non-meritorious, may require the Company to incur significant expense and devote significant resources. While it is not possible to predict the ultimate resolution of these