Company: BCO
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001104659-25-026390
Chunk: 64

Company: BRINKS CO
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 64
---
 long-term disability programs are not included as they are provided on a broad basis to U.S. employees. (2) Includes under “Benefit Plans” ten equal payments to the executive’s beneficiary or estate totaling three times the executive’s base salary under the Executive Salary Continuation Plan. These amounts represent the net present value discounted at 4.88%. (3) Unvested options are valued based on the difference between the closing price of Common Stock at December 31, 2024, and the option’s exercise price. If the option’s exercise price is greater than the December 31, 2024 price, no value is attributed to the unvested option. Unvested RSUs are valued based on the number of unvested units multiplied by the closing price of Common Stock at December 31, 2024. Unvested TSR PSUs, IM PSUs with RTSR Modifier and IM PSUs, are valued in accordance with plan terms, based on the number of unvested units (at target) multiplied by the closing price of Common Stock at December 31, 2024. Hypothetical Termination Benefits Following Termination Upon a Change in Control The CIC Plan The CIC Plan provides certain compensation and continued benefits in the event that a “change in control” occurs. In addition, the CIC Plan provides additional benefits and payments in the event that a change in control occurs and either the executive is terminated by the Company other than for “cause” or incapacity or he or she resigns for “good reason”

| ​ | ​ | ​ | ​ |  ​ | ​ |
| ​ |   | ​ | ​ | 61 | ​ |

TABLE OF CONTENTS within two years following a change in control. Each NEO is eligible to participate in the CIC Plan, with principal terms as described in the following paragraphs. The executive’s entitlement to benefits under the agreement requires compliance with certain non-competition provisions. The CIC Plan — Definitions of Key Terms The CIC Plan generally defines “cause,” “change in control” and “good reason” as follows: ■ “cause” means embezzlement, theft or misappropriation of any property of the Company, the willful breach of any fiduciary duty to the Company, the willful failure or refusal to comply with laws or regulations applicable to the Company and its business or the policies of the Company governing the conduct of its employees, gross incompetence in the performance of job duties, commission of a felony or of