Company: PRMB
Filing Date: 2025-11-06
Form Type: 424B3
Source: 0001628280-25-049955
Chunk: 48

Company: Primo Brands Corp
Filing Date: 2025-11-06
Form: 424B3
Chunk 48
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 the Company's commodity forwards were short-term liabilities of $1.2 million recorded in Accruals and other current liabilities, and long-term liabilities of $0.3 million recorded in Other non-current liabilities on the Condensed Consolidated Balance Sheets.

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As of December 31, 2024, the fair value of the Company's commodity forwards were liabilities of $5.4 million recorded in Accruals and other current liabilities on the Condensed Consolidated Balance Sheets.

The change in fair value of the commodity forwards is reflected within Other operating (income) expense, net in the Condensed Consolidated Statements of Operations.

#### NOTE 14—FAIR VALUE MEASUREMENTS
The following tables summarize the fair values of financial instruments:

|                                      |     | September 30, 2025 |      |     |         |      |     |         |      |     |         |     |
|:-------------------------------------|:----|:-------------------|-----:|:----|:--------|-----:|:----|:--------|-----:|:----|:--------|----:|
| ($ in millions)                      |     | Total              |      |     | Level 1 |      |     | Level 2 |      |     | Level 3 |     |
| Financial Assets:                    |     |                    |      |     |         |      |     |         |      |     |         |     |
| Money market investments             |     | $                  | 14.1 |     | $       | 14.1 |     | $       |    — |     | $       |   — |
| Split-dollar life insurance policies |     |                    | 24.8 |     |         |    — |     |         | 24.8 |     |         |   — |
| Foreign exchange contracts           |     |                    | 14.7 |     |         |    — |     |         | 14.7 |     |         |   — |
| Commodity forwards                   |     |                    |  0.7 |     |         |    — |     |         |    — |     |         | 0.7 |
|                                      |     | $                  | 54.3 |     | $       | 14.1 |     | $       | 39.5 |     | $       | 0.7 |
| Financial Liabilities:               |