Company: BCO
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001104659-25-026390
Chunk: 40

Company: BRINKS CO
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 40
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 the performance period will be determined by the percentile rank of the Company’s TSR for the performance period as compared to the TSR for the performance period of a custom comparator group established by the Compensation Committee, which was comprised of companies from the benchmarking peer group and the peers of those benchmarking peers, in each case where 25% or more of revenues are from outside the U.S., consisting of the following 21 companies*:

| ​ | ACI Worldwide, Inc.                | ​ | ​ | GATX Corporation                  | ​ | ​ | Tetra Tech, Inc.           | ​ |
| ​ | Air Lease Corporation              | ​ | ​ | Genpact Limited                   | ​ | ​ | TFI International Inc.     | ​ |
| ​ | Air Transport Services Group, Inc. | ​ | ​ | Hexcel Corporation                | ​ | ​ | The Western Union Company  | ​ |
| ​ | Celestica Inc.                     | ​ | ​ | ITT Inc.                          | ​ | ​ | TTEC Holdings, Inc.        | ​ |
| ​ | Crane Company                      | ​ | ​ | NCR Voyix Corporation             | ​ | ​ | Woodward, Inc.             | ​ |
| ​ | Curtiss-Wright Corporation         | ​ | ​ | Sabre Corporation                 | ​ | ​ | Xerox Holdings Corporation | ​ |
| ​ | Euronet Worldwide, Inc.            | ​ | ​ | Spirit AeroSystems Holdings, Inc. | ​ | ​ | XPO, Inc.                  | ​ |

* Per the terms of the award agreement, the Company removed Moneygram International, Inc., which went private in June 2023. 2024 RSUs. Each RSU is the economic equivalent of one share of Common Stock and is settled in shares of Common Stock. RSUs retain value even if the price of Common Stock decreases below the price on the date of grant as long as the NEO satisfies the vesting requirements. RSUs provide an incentive for our employees to remain with us for the long term and perform well so that their shares increase in value. The 2024 RSU awards vest in three equal annual installments. 2024 LTI Target Award Opportunities. In February 2024, the Compensation Committee approved annual LTI awards for each of the NEOs using the LTI mix described above. In this respect, the Compensation Committee maintained its reliance on performance-based awards and used the RTSR Modifier because the use of a relative TSR modifier for executive equity