Company: PRMB
Filing Date: 2025-05-08
Form Type: 424B3
Source: 0002042694-25-000009
Chunk: 32

Company: Primo Brands Corp
Filing Date: 2025-05-08
Form: 424B3
Chunk 32
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 Net current-period OCI          |     |                                        |     |   — |     |                                   |     |  -3.4 |     |                                                                      |     | -0.2 |     |            |     |  -3.6 |
| Balance as of March 31, 2024    |     | $                                      |     |   — |     | $                                 |     | -13.3 |     | $                                                                    |     |  2.2 |     | $          |     | -11.1 |

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1 During the three months ended March 31, 2025, $2.3 million of losses were reclassified from AOCI related to the amounts excluded from the effectiveness testing recognized in earnings for the foreign exchange contracts. The effect of the loss was included in Other operating expense (income), net on the Condensed Consolidated Statements of Operations. The tax benefit recorded as a result of this loss was $0.6 million, and was recorded within Provision for income taxes on the Condensed Consolidated Statements of Operations.

2 During the three months ended March 31, 2025 and 2024, $0.2 million and $0.2 million, respectively, of income was reclassified from AOCI related to actuarial gains in the Company's postretirement benefit plan and recorded in Interest and financing expense, net on the Condensed Consolidated Statements of Operations. The tax impact of this income for the three months ended March 31, 2025 and 2024 was immaterial.

#### NOTE 8—INCOME TAXES
Income tax expense was $17.7 million on pre-tax income of $52.4 million for the three months ended March 31, 2025, as compared to income tax expense of $11.4 million on pre-tax income of $44.9 million in the comparable prior year period. The effective income tax rate for the three months ended March 31, 2025 was 33.8% compared to 25.4% in the comparable prior year period.

The effective tax rate for the three months ended March 31, 2025 varied from the effective tax rate in the comparable prior year period due primarily to permanent differences for which the Company has not recognized a tax benefit.

The effective tax rate for the three months ended March 31, 2025 varied from the U.S. statutory rate due primarily to permanent differences for which the Company has not recognized a tax benefit and losses in