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

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71 Segment Overview: Mexico ($ Millions) Revenue Market Dynamics $395 $424 $388 $198 $171 9% 4% (4)% (3)% (1)% (65) (50) (35) (20) (5) 10 0 100 200 300 400 500 2012 2013 2014 1H14 1H15 Organic Growth (%)  Cash intensive market supports long-term sustained growth in cash management  Immature cash and valuable supply chains  Growth opportunities in retail segment and BGS  Challenging labor environment in price sensitive competitive market Operating Profit Overview $18 $27 $10 $3 $12 4.5 % 6.3 % 2.5 % 1.4 % 7.3 % (12.0) (8.0) (4.0) 0.0 4.0 8.0 0 25 50 75 2012 2013 2014 1H14 1H15 OP (%)  OP H1 up from $3M to $12M and margin from 1.4% to 7.3%  OP driven by cost reductions, lower SG&A and branch standardization  Q2 2% organic revenue growth vs. PY; first positive organic growth in 5 quarters  Revenue growth in retail segment  Approx. 14% improvement in cash processing productivity and improved quality  Central finance project expected to be complete by year end ($) ($)
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