Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 144

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 144
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|:-------------------------------------------------------------|:----|:-----------------------------|------:|:--|:----|:------|:------|:---|:----|:------|------:|:--|
|                                                              |     | North America                |       |   |     | Other |       |    |     | Total |       |   |
|                                                              |     | -in millions of U.S. dollars |       |   |     |       |       |    |     |       |       |   |
| Change in gross profit                                       |     | $                            | 122.9 |   |     | $     | (5.1  | )  |     | $     | 117.8 |   |
| Impact of foreign exchange1                                  |     |                              |   1.5 |   |     |       | —     |    |     |       |   1.5 |   |
| Change excluding foreign exchange                            |     | $                            | 124.4 |   |     | $     | (5.1  | )  |     | $     | 119.3 |   |
| Percentage change in gross profit                            |     |                              |  12.1 | % |     |       | (89.5 | )% |     |       |  11.6 | % |
| Percentage change in gross profit excluding foreign exchange |     |                              |  12.3 | % |     |       | (89.5 | )% |     |       |  11.7 | % |

| 1 | Impact of foreign exchange is the difference between the current year’s gross profit translated utilizing                                                    
 the current year’s average foreign exchange rates less the current year’s gross profit translated utilizing the prior year’s average foreign exchange rates. |

The following tables summarize the change in gross profit by reporting segment for the fiscal year ended December 31, 2022:

|                                                              |     | For the Fiscal Year Ended    
 December 31, 2022            |       |   |     |       |       |    |     |       |       |   |
|:-------------------------------------------------------------|:----|:-----------------------------|------:|:--|:----|:------|------:|:---|:----|:------|------:|:--|
|                                                              |     | North America                |       |   |     | Other |       |    |     | Total |       |   |
|