Company: PRMB
Filing Date: 2025-03-07
Form Type: 424B3
Source: 0001193125-25-049851
Chunk: 80

Company: Primo Brands Corp
Filing Date: 2025-03-07
Form: 424B3
Chunk 80
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 of common shares issuable   
 pursuant to performance-based restricted share units that such named executive officers would have been entitled to on December 31, 2024 cannot be determined. As a result, this column includes the value of such performance-based restricted      
 share units, assuming achievement of the performance goals at “target” and a share value equal to the closing price of our common shares on the NYSE as of December 31, 2024 ($30.77).                                                               |

These amounts are included in the applicable “Accelerated Awards” column in the tables under the heading “Payments under the Severance Plan” on page 55 of this registration statement. In the case of a grantee’s termination without Cause or resignation with Good Reason under the Legacy Equity Plans, all unvested restricted share units will become fully vested in the case of a grantee’s termination without Cause or resignation with Good Reason within two years of the closing of the Transaction. In the case of a grantee’s termination without Cause or resignation with Good Reason under the Primo Brands Equity Plan, the number of restricted share units to be deemed earned by a grantee is equal to the pro rata number of restricted share units that he or she would have earned on the vesting date had he or she been continuously employed through such vesting date, as calculated by reference to the portion of the applicable restriction period or performance period during which the grantee was actually employed. Assuming the employment of our named executive officers who were employed by us as of December 31, 2024 had been terminated on December 31, 2024 by Primo Brands without Cause or by the named executive officers for Good Reason, they would have been entitled to the following:

| Equity Plans      |     | Equity 
 Awards 
 ($)(1) |            |
| Robbert Rietbroek |     |        | 16,869,243 |
| David Hass        |     |        |  6,060,666 |
| Robert Austin     |     |        |      7,024 |
| Marni Morgan Poe  |     |        |  4,742,039 |
| Hih Song Kim      |     |        |      9,090 |

Notes:

| (1) | Includes the value, based on the closing price of our common shares on the NYSE as of December 31, 2024                                                                                                                                             
 ($30.77), the last business day of our 2024 fiscal year, of common shares issuable pursuant