Company: PRMB
Filing Date: 2025-03-07
Form Type: 424B3
Source: 0001193125-25-049851
Chunk: 71

Company: Primo Brands Corp
Filing Date: 2025-03-07
Form: 424B3
Chunk 71
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 grants, which was delivered in the form of
15,448 RSUs and 29,987 PSUs, under the Primo Brands Equity Plan. The RSUs are eligible to vest in three equal annual installments, subject to continued employment through the applicable vesting date. The PSUs are eligible to vest based upon the
achievement of TSR relative to the S&P 400 index over a three-year period beginning on the first day of the Company’s 2025 fiscal year and ending on the last day of the Company’s 2027 fiscal year.

The 2024 grants to Ms. Kim under our Primo Brands Equity Plan are set forth in the “Grants of
Plan-Based Awards in Fiscal 2024” Table below.

Ms. Kim participates in the Severance
Plan, pursuant to which she is subject to standard confidentiality undertakings and non-disparagement covenants that survive the termination of her employment, regardless of the cause of the termination. She
is also subject to a non-competition covenant that generally limits her ability to compete with us in any countries in which we conduct business, as well as a
non-solicitation covenant. These limitations continue during the term of employment and for a period of fifteen months following termination, regardless of the cause of the termination.

45

Outstanding Equity Awards at 2024 Fiscal Year End The following table sets forth information with respect to equity awards outstanding at December 31, 2024 for each of our named executive officers.

|                   |     | Option Awards |        |     |     |               |        |     |     |                  |       |     |     |          |       |     |            |            |     | Stock Awards |         |     |     |                |           |     |               |        |    |     |               |           |
| Name              |     | Number of     
 Securities    
 Underlying    
 Unexercised   
 Options (#)   
 Exercisable   |        |     |     | Number of     
 Securities    
 Underlying    
 Unexcused     
 Options (#)   
 Unexercisable |        |     |     | Equity Incentive 
 Plan Awards:     
 Number           
 of               
 Securities       
 Underlying       
 Unexercised      
 Unearned         
 Options          
 (#)              |       |     |     | Option   
 Exercise 
 Price    
 ($)      |       |     | Option     
 Expiration 
 Date       |            |     | Number of    
 shares or    
 units of     
 stock that   
 have not