Company: PRMB
Filing Date: 2025-02-27
Form Type: S-1/A
Source: 0001193125-25-039341
Chunk: 117

Company: Primo Brands Corp
Filing Date: 2025-02-27
Form: S-1/A
Chunk 117
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 the Company’s potential ability to negotiate with an unfriendly or unsolicited acquirer outweigh the disadvantages of discouraging a proposal to acquire the Company because negotiation of these proposals could result in an improvement of their terms. Section 203 and Business Combinations We have opted out of Section 203 of the DGCL, which prohibits a Delaware corporation from engaging in any business combination with any interested stockholder for a period of three years after the date that such stockholder became an interested stockholder. However, our certificate of incorporation includes a prohibition on such business combinations with interested stockholders, with the following exceptions:

| • |     | the business combination or transaction which resulted in the stockholder becoming an interested stockholder was 
 approved by the Board prior to the time that the stockholder became an interested stockholder;                   |

| • |     | upon consummation of the transaction that resulted in the stockholder becoming an interested stockholder, the                                                                                                                                         
 interested stockholder owned at least 85% of our voting stock outstanding at the time the transaction commenced, excluding shares owned by directors who are also officers of the Company and shares owned by employee stock plans in which associate 
 participants do not have the right to determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer; or                                                                                             |

| • |     | at or subsequent to the time the stockholder became an interested stockholder, the business combination was                                                         
 approved by the Board and authorized at an annual or special meeting of the stockholders, and not by written consent, by the affirmative vote of at least 662⁄3% of 
 the outstanding voting stock of the Company which is not owned by the interested stockholder.                                                                       |

In general, our certificate of incorporation defines a “business combination” to include mergers, asset sales, and other transactions resulting in financial benefit to a stockholder and an “interested stockholder” as a person who, together with affiliates and associates, owns, or within three years did own, 15% or more of our outstanding voting stock; provided, however, that an “interested stockholder” shall not include ORCP, certain persons to whom ORCP transfers Shares or any of their respective affiliates. The application of the above provisions may have the effect of delaying, deferring, or preventing changes in control of the Company. Dual-Class Stock As described above in “Description of Capital Stock — Common Stock — Voting Rights,” our certificate of incorporation provides for a dual-class common stock structure, however we do not