Is This Brink’s Company’s Response To Activist Jeff Smith?

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37 Asia Pacific Strategy Execution 14.8 23.1 (0.5) (7.8) 4.5 11.1 1.0 2012 Operating Profit FX INFLATION GROW FIX DIVEST 2014 Operating Profit  Solutions  Volume  Acquisition  Geographic Expansion  Regional restructuring  Productivity  Loss reduction  Australia domestic business Asia Operations Asia Pacific Profit Bridge: 2012 – 2014 ($MM) Brink’s Initiatives Asia Pacific provides a key example of our strategy in action, where segment operating profits increased in 2 years from $14.8MM to $23.1MM and regional management costs decreased an additional $3 million
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