Company: BCO
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001104659-25-026390
Chunk: 30

Company: BRINKS CO
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 30
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 NEOs, as well as his recommendations related to their compensation, when considering NEO target compensation and payout determinations. With respect to the CEO, the Compensation Committee reviews performance relative to annual objectives and competitive market data in order to make base salary and target annual incentive and LTI determinations and to make recommendations to the Board regarding annual incentive payments. The Compensation Committee is supported in its work by the Company’s Human Resources Department and an independent executive compensation consultant as described in the following paragraphs. Role of the Chief Executive Officer The CEO annually reviews each NEO’s target compensation (other than his own) and recommends changes to each pay element, as appropriate, based on market data, performance and potential contribution to the organization. The CEO makes

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TABLE OF CONTENTS recommendations regarding payouts for annual incentives in accordance with Company and individual performance and, operating company performance, as applicable. The Compensation Committee considers the CEO’s recommendations in making its own determinations regarding compensation awarded to the NEOs. Role of the Compensation Consultant The Compensation Committee receives data, analysis and support from Frederic W. Cook & Co., Inc. (“FW Cook”), which serves as the Compensation Committee’s and the Corporate Governance Committee’s independent compensation consultant. In 2024, FW Cook provided the following services to the Compensation Committee: ■ Reviewed the materials prepared for the Compensation Committee by management relative to the 2024 compensation program design for the NEOs; ■ Prepared materials for the Compensation Committee related to the determination of CEO target compensation for 2024; ■ Presented market data and analysis for the Compensation Committee to consider when setting target compensation for NEOs; ■ Reviewed and advised the Compensation Committee on the peer group used for benchmarking executive compensation levels; ■ Presented a market analysis related to the Company’s annual burn rate, overhang and aggregate LTI grant value; ■ Presented a report on executive compensation trends and regulatory developments; ■ Conducted a review of the Company’s regular and change in control benefits; ■ Assisted with the 2024 proxy statement proposal for the Company’s 2024 Equity Incentive Plan; and ■ Reviewed the Company’s Proxy Statement disclosure, including the Compensation Discussion and Analysis and executive compensation tables, and reviewed and advised on proxy advisory firm reports. Compensation Consultant Independence In retaining FW Cook, the Compensation Committee considered the six factors set forth in Rule 10C-1(b)(4)(i) through (vi) of the Exchange Act