Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 269

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 269
---
 to Consolidated Financial Statements                                          |     | F-75  |
| Consolidated Financial Statements (unaudited):                                      |     |       |
| Consolidated Statements of Operations for the three and nine months ended           
 September 28, 2024 and September 30, 2023                                           |     | F-115 |
| Consolidated Statements of Comprehensive Income for the three and nine months       
 ended September 28, 2024 and September 30, 2023                                     |     | F-116 |
| Consolidated Balance Sheets as of September                                         
 28, 2024 and December 30, 2023                                                      |     | F-117 |
| Consolidated Statements of Cash Flows for the three and nine months ended           
 September 28, 2024 and September 30, 2023                                           |     | F-118 |
| Consolidated Statements of Equity for the three and nine months ended September 28, 
 2024 and September 30, 2023                                                         |     | F-120 |
| Notes to Consolidated Financial Statements                                          |     | F-122 |

F-2

Report of Independent Registered Public Accounting Firm

To the Board of Directors and Shareholders of Primo Brands Corporation

Opinion on the Financial Statements

We have
audited the accompanying balance sheets of Primo Brands Corporation (the “Company”) as of June 10, 2024 and September 30, 2024, and the related statements of operations and of cash flows for the period from June 10, 2024 to
September 30, 2024, including the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of
June 10, 2024 and September 30, 2024, and the results of its operations and its cash flows for the period from June 10, 2024 to September 30, 2024 in conformity with accounting principles generally accepted in the United States
of America.

Basis for Opinion

These
financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public accounting firm registered with the Public
Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable