Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 392

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 392
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 expense (income), net is recorded in AOCI on the Consolidated Balance Sheets.

F-136

The following amount was recorded on the Consolidated Balance Sheets related to hedged item as of September 28, 2024:

| (in millions of U.S. dollars)                                |     | September 28, 2024   |        |   |
|:-------------------------------------------------------------|:----|:---------------------|:-------|:--|
| Line Item in Consolidated Balance Sheets in Which the Hedged 
 Item Is                                                      
 Included                                                     |     | Carrying Amount of   
 the Hedged Liability |        |   |
| Long-term debt1                                              |     | $                    | (502.1 | ) |

The fair value of our derivative liabilities included in Other long-term liabilities as of September 28, 2024 was as follows:

| (in millions of U.S. dollars) |     | September 28, 2024 |   |     |             |      |   |
|:------------------------------|:----|:-------------------|:--|:----|:------------|:-----|:--|
| Derivative Contract           |     | Assets             |   |     | Liabilities |      |   |
| Foreign exchange contracts    |     | $                  | — |     | $           | (1.3 | ) |

The amount of gains or (losses) recognized in Other expense (income), net in the Consolidated Statements of Operations for fair value hedging relationships, presented on a pre-taxbasis, for the three and nine months ended September 28, 2024 is shown in the table below:

|                                                   | (in millions of U.S. dollars) |   |            For the 
 Three Months Ended 
 September 28, 2024 |   |     |   |            For the 
  Nine Months Ended 
 September 28, 2024 |   |
|:--------------------------------------------------|:------------------------------|:--|-------------------:|:--|:----|:--|-------------------:|:--|
| Foreign exchange contracts                        |                               |   |                    |   |     |   |                    |   |
| Hedged Item                                       |                               | $ |              (20.5 | ) |     | $ |               (2.6 | ) |
| Derivative designated as hedging instrument       |                               | $ |               20.5 |   |     | $ |                7.7 |   |
| Amount