Company: PRMB
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001193125-25-012325
Chunk: 10

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: S-1
Chunk 10
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” has the meaning provided under “Certain Relationships and Related Person 
 Transactions—Stockholders Agreement.”                                                             |

| • |     | “Trigger Event” refers to the first date on which ORCP ceases to beneficially own (directly or                                                                                                                                 
 indirectly) more than 40% of the voting power of the outstanding shares of Class A common stock. For the purpose of this definition, “beneficial ownership” or the phrase “beneficially own” shall be determined in accordance 
 with Rule 13d-3 promulgated under the Exchange Act.                                                                                                                                                                            |

| • |     | “Unaffiliated Directors” has the meaning provided under “Management—Corporate 
 Governance—Composition of the Board.”                                         |

BASIS OF PRESENTATION Primo Brands was incorporated on June 10, 2024 under the laws of the State of Delaware as a wholly-owned subsidiary of BlueTriton for the purpose of consummating the Transaction. At Closing, among other steps, BlueTriton merged with and into Primo Brands, with Primo Brands being the surviving corporation in the Subsequent Merger. As of, and for the period from inception to September 30, 2024, Primo Brands had no significant assets or liabilities and had not conducted any material activities other than those incidental to its formation and those undertaken in connection with the Transaction. At Closing, Primo Brands and the other parties to the Arrangement Agreement consummated the Transaction, as a result of which Primo Water and Triton Water Intermediate, Inc., formerly a wholly-owned subsidiary of BlueTriton, became wholly-owned subsidiaries of the Company. Unless otherwise indicated, the historical financial information included herein is that of BlueTriton or Primo Water, as applicable. In this prospectus, we have presented (i) the financial statements of Primo Brands Corporation, the registrant, as of June 10, 2024 and September 30, 2024 and for the period from June 10, 2024 to September 30, 2024, (ii) the financial statements of BlueTriton, as the accounting acquirer in the Transaction and the accounting predecessor of Primo Brands Corporation, as of September 30, 2024, December 31, 2023, and December 31, 2022, and for the three and nine months ended September 30, 2024 and 2023, and for the years ended December 31, 2023 and