Company: PRMB
Filing Date: 2025-02-27
Form Type: S-1/A
Source: 0001193125-25-039341
Chunk: 19

Company: Primo Brands Corp
Filing Date: 2025-02-27
Form: S-1/A
Chunk 19
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 bans on the commercial sale or government procurement of bottled water in plastic beverage containers could adversely affect our business and financial 
 results;                                                                                                                                                                                                                                               |

| • |     | sustainability matters may adversely impact our business and reputation; |

| • |     | we may incur costs to comply with developing laws and regulations, including those surrounding the production and 
 use of plastics, as well as related litigation relating to plastics pollution;                                    |

| • |     | our products may not meet health and safety standards or could become contaminated, and we could be liable for 
 injury, illness, or death caused by consumption of our products;                                               |

Risks Related to Our Indebtedness

| • |     | our substantial indebtedness could adversely affect our financial condition, limit our ability to raise           
 additional capital to fund our operations, and prevent us from fulfilling our obligations under our indebtedness; |

3

| • |     | our indebtedness may expose us to substantial risks; |

| • |     | we do not expect to generate sufficient cash flows from operations to repay all of our indebtedness at maturity         
 and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful; |

| • |     | despite our level of indebtedness, we and our subsidiaries may still incur substantially more debt. This could          
 further exacerbate the risks to our financial condition described above and impair our ability to operate our business; |

Our Sponsor One Rock is a global alternative asset management firm led by Tony W. Lee and Scott Spielvogel, with significant experience investing across real-economy sectors such as food and beverage manufacturing and distribution, specialty manufacturing, business and environmental services, and chemicals and process industries. One Rock is headquartered in New York, with offices in Los Angeles, CA and London, UK. One Rock makes investments in companies with potential for growth and operational improvement using a rigorous approach that utilizes highly experienced industry and functional-specific senior operating executives (“Operating Partners”) to identify, acquire, and enhance businesses in select industries. The involvement of these Operating Partners is designed to afford One Rock the ability to conduct due diligence and consummate acquisitions and investments in all types of situations, regardless of complexity. One Rock works collaboratively with company management and its Operating Partners to develop a comprehensive business plan focused on growing the enterprise and its profitability to enhance long-term value. Corporate Information We were formed as Triton US HoldCo, Inc., a Delaware corporation, on June 10, 2024 in connection with the Transaction and changed