Primo Brands (PRMB) Fireside Chat summary

Introduction and agenda

• Fireside chat featured the new CEO, CFO, and newly appointed VP of Investor Relations, with a focus on business updates and forward-looking statements.

• Discussion included recent performance, integration progress, and future strategies, with cautionary notes on forward-looking statements and non-GAAP measures.

Background and experience of the speaker

• CEO has extensive experience in global consumer-centric businesses, notably at Pepsi Bottling Group and Aramark, with a track record in brand building, margin improvement, and shareholder value creation.

• VP of Investor Relations brings over 20 years in financial roles, primarily in the consumer sector.

Current industry trends

• Bottled water is the largest beverage category by volume in the U.S., with continued growth and profitability.

• Premium water brands are experiencing over 40% growth, with significant runway for further expansion.

• Municipal water bills have risen, supporting demand for bottled water.