Company: BCO
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001104659-25-026390
Chunk: 70

Company: BRINKS CO
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 70
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part-time,seasonal, temporary | ​ |
| ​ |                                      58,614 | ​ | ​ |                8,349,563 | ​ | ​ | 143:1                           | ​ | ​ | U.S. only                                              | ​ | ​ | full-time,part-time,seasonal, temporary | ​ |

Methodology Identified Median Employee. In accordance with Item 402(u) of Regulation S-K (“Item 402(u)”), we began by using the same median employee included in our 2023 proxy statement because there has been no material change in our employee population or employee compensation arrangements that we believe would significantly impact the pay ratio disclosure. However, after review of that employee’s 2023 pay, we identified an anomalous compensation characteristic of significant overtime and increased hours, which materially increased the employee’s 2023 pay and which was not universal across the employee population. Therefore, we reviewed the 2023 compensation of the next higher paid employee included in the median range in 2022 and determined that such employee’s pay did not have anomalous compensation characteristics for 2023. As a result, we substituted that next higher paid employee as our 2023 median employee in our 2024 proxy statement, as permitted by Item 402(u), and we also determined to use that same employee as our 2024 median employee in this Proxy Statement, as permitted by Item 402(u). Calculated CEO Pay Ratio. We calculated the annual total compensation in 2024 for our CEO under the reporting rules for disclosing NEO compensation in the Summary Compensation Table. For the year ended December 31, 2024, the total compensation for Mr. Eubanks, was $8,349,563 as reported in the Summary Compensation Table on page 50. We then calculated the ratio of the annual total compensation of our CEO to that of our median employee for 2024. Facts to Consider Regarding Our Employees ■ As of December 31, 2024, approximately 88% of the Company’s employees are located outside of the U.S., excluding the Indonesian population. ■ Of this 88%, the majority of which are located in lower wage geographies, where the average annual salary is less than 50% of the average salary for our U.S. employees. Given that 88% of the Company’s employees (excluding the Indonesian population) are located outside of the U.S., mostly in lower wage geographies, and that a vast majority of the positions are hourly direct labor, many of whom