Company: PRMB
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001193125-25-012325
Chunk: 236

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: S-1
Chunk 236
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2 million, respectively, of raw materials used in the production process from Alltrista Plastics LLC (“Alltrista”), a 169

subsidiary of Jadex Inc., a One Rock portfolio company, which were recorded as a component of cost of goods sold. Additionally, we recorded $2.0 million and $1.5 million payable related to the unpaid portion of purchases at September 30, 2024 and December 31, 2023, respectively, to that related party. For the year ended December 31, 2023, we purchased $4.7 million of raw materials used in the production process from Alltrista, which were recorded as a component of cost of goods sold. Additionally, we recorded an associated $1.5 million payable related to the unpaid portion of those purchases at December 31, 2023. Stockholders Agreement On November 7, 2024, the Company and the Initial ORCP Stockholder entered into the Stockholders Agreement setting forth certain governance and other rights of the Initial ORCP Stockholder and certain of its permitted transferees. In the Stockholders Agreement, the Initial ORCP Stockholder agreed, subject to certain exceptions set forth therein:

| • |     | not to offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or                                                                                                                                  
 contract to sell, grant any option, right or warrant to purchase, lend, or otherwise directly transfer or dispose of any Class A common stock or any securities convertible into or exercisable or exchangeable for Class A common stock until 
 the expiration of the lock-up period commencing at the Effective Time and ending on the three-month anniversary of the Effective Time (the “Restricted Period”); and                                                                           |

| • |     | to provide customary assistance in respect of any required regulatory filings. |

After the expiration or waiver of the Restricted Period, the ORCP Stockholders may request that we conduct a registered offering of their Class A common stock, subject to certain conditions. The ORCP Stockholders and any other Sponsor Stockholder that beneficially owns 5% of the outstanding shares of Class A common stock may exercise piggyback rights to participate in any registered offering of Class A common stock conducted at their request or at the initiative of the Company. Pursuant to the Stockholders Agreement, we agreed to file a shelf registration statement as promptly as practicable to register the resale by the Sponsor Stockholders of their respective shares of Class A common stock from time to time. The