Company: PRMB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001140361-25-009675
Chunk: 105

Company: Primo Brands Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 105
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 retirement eligible based on the criteria set forth above; thus, do not qualify for such treatment. POLICIES AND PRACTICES RELATED TO THE TIMING OF GRANTS OF CERTAIN EQUITY AWARDS It is the Compensation Committee’s practice to approve ordinary course annual equity grants at its regularly-scheduled meeting held in December of each year.At this meeting, the Compensation Committee will approve each NEO’s annual equity award. At this time, we do not currently anticipate granting stock options to any of our NEOs. The Company does not schedule its equity grants in anticipation of the release of material, non-public information, nor does the Company time the release of Material Non-Public Information based on equity grant dates. 66

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DIRECTOR COMPENSATION Our director compensation philosophy is to appropriately compensate our non-employee directors for the time, expertise and effort required to serve as a director of a large and complex company, and to align the interests of our directors with those of our stockholders. Directors who are One Rock employees do not receive compensation for serving on the Board. Prior to the Transaction Prior to the Transaction, Primo Water’s legacy non-employee director annual compensation for fiscal year 2024 consisted of the following:

| Category                                                                     |     | Annual Fees |
| Annual retainer                                                              |     |    $100,000 |
| Annual fee for the non-executive chair of the Primo Water board of directors |     |    $150,000 |
| Annual fee for chairing the:                                                 |     |             |
| Legacy Audit Committee                                                       |     |     $20,000 |
| Legacy Compensation Committee                                                |     |     $15,000 |
| Legacy ESG and Nominating Committee                                          |     |     $10,000 |
| Fee for serving on the legacy Special Committee                              |     |     $30,000 |
| Annual fee for the lead independent director                                 |     |     $30,000 |
| Annual long-term equity incentive fee (in the form of a stock award)         |     |    $135,000 |

Prior to the Transaction, BlueTriton’s legacy non-employee director annual compensation for fiscal year 2024 consisted of the following: C. Dean Metropoulos C. Dean Metropoulos served as the chairman of the BlueTriton Board and provided certain advisory and management services to BlueTriton through Fairmont Holdings, LLC (“ Fairmont”), his management consulting company, as a consultant for which such affiliate received an annual management