Company: PRMB
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001193125-25-012325
Chunk: 282

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: S-1
Chunk 282
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 |     |            |    |     | $        |             687.7 |     | $            | —      |   |     | $        |   687.7 |     | $        |             687.1 |     | $            | —      |   |     | $        |   687.1 |
| Total intangible assets, net           |     |            |    |     | $        |           1,608.5 |     | $            | (188.3 | ) |     | $        | 1,420.2 |     | $        |           1,619.8 |     | $            | (131.4 | ) |     | $        | 1,488.4 |

Amortization expense of intangible assets for the years ended December 31, 2023 and 2022 (Successor), was $74.8 million and $65.0 million, respectively. Amortization expense of intangible assets for the period from February 3, 2021 to December 31, 2021 (Successor) and January 1, 2021 to March 31, 2021 (Predecessor) was $63.3 million and $7.2 million, respectively. Based on the carrying value of definite-lived intangible assets as of December 31, 2023, estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows (in millions):

| Year Ended December 31, 
 2024                    |     | Amount |  62.1 |
|:------------------------|:----|:-------|------:|
| 2025                    |     |        |  57.7 |
| 2026                    |     |        |  55.4 |
| 2027                    |     |        |  53.8 |
| 2028                    |     |        |  53.4 |
| Thereafter              |     |        | 450.1 |
|                         |     | $      | 732.5 |

NOTE 9—ACCRUALS AND OTHER CURRENT LIABILITIES The following table summarizes accruals and other current liabilities (in millions) (Successor):

|                                              |     | December 31, |  2023 |     |   |  2022 |
|:---------------------------------------------|:----|:-------------|------:|:----