Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 385

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 385
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| Weighted-average common shares outstanding—diluted |                |                            |       162,062 |     |     |       160,042 |     |                           |       161,577 |     |     |       160,236 |

The following table summarizes anti-dilutive securities excluded from the computation of diluted net income per common share for the periods indicated:

|                         | (in thousands) | For the Three Months Ended | September 28, 
          2024 |     |     | September 30, 
          2023 |     | For the Nine Months Ended | September 28, 
          2024 |     |     | September 30, 
          2023 |
|:------------------------|:---------------|:---------------------------|--------------:|:----|:----|--------------:|:----|:--------------------------|--------------:|:----|:----|--------------:|
| Stock Options           |                |                            |             — |     |     |         2,181 |     |                           |             — |     |     |         2,172 |
| Performance-based RSUs1 |                |                            |         1,156 |     |     |         1,150 |     |                           |         1,156 |     |     |         1,150 |
| Time-based RSUs2        |                |                            |             — |     |     |             — |     |                           |             — |     |     |             — |

| 1 | Performance-based RSUs represent the number of shares expected to be issued based primarily on the estimated 
 achievement of performance targets for these awards.                                                         |

| 2 | Time-based RSUs represent the number of shares expected to be issued based on known employee retention 
 information.                                                                                           |

Note 8—Segment Reporting Our broad portfolio of products includes bottled water, water dispensers, purified bottled water, self-service refill drinking water, filtration units, premium spring, sparkling and flavored essence water, mineral water, and coffee. During the fourth quarter of 2023, we reviewed and realigned our reporting segments to exclude the businesses within discontinued operations. Our sole reporting segment is North America, which includes DSS, Aquaterra, and Mountain Valley Spring businesses. The Other category includes our corporate oversight function and other miscellaneous expenses. F-130

Segment reporting results have been recast to reflect these changes for all periods presented.

|                                            |     | For the Three Months Ended