Company: PRMB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001140361-25-009675
Chunk: 75

Company: Primo Brands Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 75
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ations We believe our compensation policies and practices for our employees, including our executive officers, do not create risks that are reasonably likely to have a material adverse effect on our Company. Tax Considerations Section 162(m) of the Code denies a publicly-traded corporation a federal income tax deduction for remuneration in excess of $1 million per year per person paid to certain executives designated in Section 162(m) of the Code, including, but not limited to, its chief executive officer, chief financial officer, and the next three highly compensated executive officers. However, we believe that maintaining the discretion to provide compensation that is non-deductible allows us to provide compensation tailored to the needs of our company and our NEOs and is an important part of our responsibilities and benefits our stockholders. 50 TABLE OF CONTENTS Accounting Considerations We follow Financial Accounting Standard Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation (“ ASC Topic 718”) for our stock-based compensation awards. ASC Topic 718 requires companies to measure the compensation expense for all share-based awards made to employees and directors, including stock options, RSUs and PSUs, based on the grant-date fair value of these awards. This calculation is performed for accounting purposes and reported in the compensation tables below, even though our executive officers may never realize any value from their awards. 51

TABLE OF CONTENTS

SUMMARY COMPENSATION TABLE

| Name and Principal Position                                  |     | Year |     |  Salary 
     ($) |     | Bonus      
 ($)        |     |      Stock 
     Awards 
     ($)(4) |     | Option       
 Awards       
 ($)          |     |     Non-Equity 
 Incentive Plan 
   Compensation 
         ($)(6) |     | All Other    
 Compensation 
 ($)          |     |      Total 
        ($) |
| Robbert Rietbroek                                            
 Chief Executive Officer                                      |     | 2024 |     | 721,154 |     | 882,500(1) |     | 22,813,887 |     |              |     |      1,328,400 |     | 245,043(7)   |     | 25,990,984 |
| David Hass                                                   
 Chief Financial Officer                                      |     | 2024 |     | 532,500 |     | 300,000(2) |     |  5,649,507 |     |              |     |        608,850 |     | 26