Company: PRMB
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001193125-25-012325
Chunk: 296

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: S-1
Chunk 296
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 Assumptions Used to Determine Liability at Year End |     |              |      |   |     |      |      |   |
| Discount rate(1)                                    |     |              |  4.8 | % |     |      |  5.0 | % |
| Healthcare cost trend                               |     |              |  6.7 | % |     |      |  7.3 | % |
| Ultimate trend rate                                 |     |              |  4.5 | % |     |      |  4.5 | % |
| Year that rate reaches ultimate trend               |     |              | 2032 |   |     |      | 2031 |   |

| (1) | These year-end rates are the basis for determining net periodic costs 
 for the following year.                                               |

F-40

The amount of future benefit payments related to the non-executivemedical plan expected to be paid over the next five years and the aggregate five fiscal years thereafter as follows (in millions):

| Year Ended December 31, 
 2024                    |     | Amount | 0.7 |
|:------------------------|:----|:-------|----:|
| 2025                    |     |        | 0.8 |
| 2026                    |     |        | 0.8 |
| 2027                    |     |        | 0.8 |
| 2028                    |     |        | 0.9 |
| 2029 – 2033             |     |        | 4.3 |

NOTE 15—REVENUE RECOGNITION Disaggregation of net sales to external customers by geographic area based on customer location is as follows (in millions):

|                 |     | Successor |   Year Ended 
 December 31, 
         2023 |     |   |   Year Ended 
 December 31, 
         2022 |     |   |  Period from 
  February 3, 
         2021 
      through 
 December 31, 
         2021 |     | Predecessor |     Period 
       from 
 January 1, 
       2021 
    through 
  March 31, 
       2021 |
|:----------------|:----|:----------|-------------:|:----|:--|-------------:|:----|:--|-------------:|:----|:------------|-----------:|