Company: PRMB
Filing Date: 2025-03-07
Form Type: 424B3
Source: 0001193125-25-049851
Chunk: 103

Company: Primo Brands Corp
Filing Date: 2025-03-07
Form: 424B3
Chunk 103
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 Class A common stock, other than to certain Permitted Transferees, or in certain types of transactions in which the transferee agreed to be bound by the lockup. The ORCP
Stockholders requested, and on November 15, 2024, the Company, acting with the approval of an independent ad hoc committee of the board of directors, granted, a limited waiver of such lock-up provisions
to facilitate the ORCP Stockholders taking a margin loan from

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institutional lenders (the “Margin Loan”), secured by a pledge of 58,000,000 shares of Class A common stock owned by the ORCP Stockholders.

Margin Loan

In connection with the
Margin Loan, the Company entered into customary issuer agreements with Triton Water Equity Holdings, LP, Triton Water Equity Holdings GP, LLC, and the other parties thereto whereby we made certain representations to the parties in relation to the
pledge of 58,000,000 shares of Class A common stock as collateral for entering into the Margin Loan (the “pledged shares”). In connection with the foregoing, the Company waived the transfer restrictions under the Stockholders Agreement
described in the preceding paragraph with respect to the pledged shares.

Indemnification Arrangements

Pursuant to our bylaws and upon consummation of the Transaction, we entered into indemnification agreements with each of our Executive Officers
and directors. The indemnification agreements provide the indemnitees with contractual rights to indemnification, and expense advancement and reimbursement, to the fullest extent permitted under the DGCL, subject to certain exceptions contained in
those agreements.

This summary is qualified in its entirety by reference to the full text of the form of indemnification agreement
(“Indemnification Agreement”).

Employment Arrangements

We entered into employment and other compensation agreements with certain of our named executive officers in connection with the Transaction.
See “Executive Compensation.”

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DESCRIPTION OF CERTAIN INDEBTEDNESS

The following is a description of our New Notes and New Senior Secured Credit Facilities. The following summaries of certain provisions of the New Notes Indentures and the Amended Credit Agreement do not purport to be complete and may not contain all of the information that is important to you, and is subject to, and qualified in its entirety by reference to, all of the provisions of the corresponding agreements. For more information, see “About this Prospectus—The Refinancing Transactions.”

New Secured Notes

The New Secured Euro