Brink : Second Quarter 2022 Earnings Presentation

Second-Quarter Earnings

August 3, 2022

Safe Harbor Statements and Non-GAAP Results

These materials contain forward-looking information. Words such as "anticipate," "assume," "estimate," "expect," "target" "project," "model", "predict," "intend," "plan," "believe," "potential," "may," "should" and similar expressions may identify forward-looking information. Forward-looking information in these materials includes, but is not limited to information regarding: 2022 outlook, including revenue, operating profit, adjusted EBITDA, earnings per share, net debt and leverage, free cash flow and the drivers thereof; 2024 financial targets; the impact of macroeconomic factors, including the impact of COVID-19 and variants, including the Omicron variant, expected future in-person retail sales, the current interest rate environment, a potential economic recession, inflationary pressures, fuel cost increases and global supply chain disruptions; strength of cash levels; strategic targets and initiatives (including Strategy 1.0 and Strategy 2.0); advancement of sustainability initiatives, and future legacy liability contributions.

Forward-looking information in this document is subject to known and unknown risks, uncertainties and contingencies, which are difficult to predict or quantify, and which could cause actual results, performance or achievements to differ materially from those that are anticipated. These risks, uncertainties and contingencies, many of which are beyond our control, include, but are not limited to: our ability to improve profitability and execute further cost and operational improvement and efficiencies in our core businesses; our ability to improve service levels and quality in our core businesses; market volatility and commodity price fluctuations; general economic issues, including inflation and interest rate increases; seasonality, pricing and other competitive industry factors; investment in information technology ("IT") and its impact on revenue and profit growth; our ability to maintain an effective IT infrastructure and safeguard confidential information; our ability to effectively develop and implement solutions for our customers; risks associated with operating in foreign countries, including changing political, labor and economic conditions (including political conflict or unrest), regulatory issues (including the imposition of international sanctions, including by the U.S. government), currency restrictions and devaluations, restrictions on and cost of repatriating earnings and capital, impact on the Company's financial results as a result of jurisdictions determined to be highly inflationary, and restrictive government actions, including nationalization; higher-than-expected inflation; labor issues, including labor shortages, negotiations with organized labor and work stoppages; pandemics (including the ongoing Covid-19 pandemic and related impact to and restrictions on the actions of businesses and consumers, including suppliers and customers), acts of terrorism, strikes or other extraordinary events that negatively affect global or regional cash commerce; anticipated cash needs in light of our current liquidity position and the impact of Covid-19 on our liquidity; the strength of the U.S. dollar relative to foreign currencies and foreign currency exchange rates; our ability to identify, evaluate and complete acquisitions and other strategic transactions and to successfully integrate acquired companies; costs related to dispositions and product or market exits; our ability to obtain appropriate insurance coverage, positions taken by insurers relative to claims and the financial condition of insurers; safety and security performance and loss experience; employee and environmental liabilities in connection with former coal operations, including black lung claims; the impact of the American Rescue Plan Act and Patient Protection and Affordable Care Act on legacy liabilities and ongoing operations; funding requirements, accounting treatment, and investment performance of our pension plans, the VEBA and other employee benefits; changes to estimated liabilities and assets in actuarial assumptions; the nature of hedging relationships and counterparty risk; access to the capital and credit markets; our ability to realize deferred tax assets; the outcome of pending and future claims, litigation, and administrative proceedings; public perception of our business, reputation and brand; changes in estimates and assumptions underlying critical accounting policies; the promulgation and adoption of new accounting standards, new government regulations and interpretation of existing standards and regulations.

This list of risks, uncertainties and contingencies is not intended to be exhaustive. Additional factors that could cause our results to differ materially from those described in the forward- looking statements can be found under "Risk Factors" in Item 1A of our Annual Report on Form 10-K for the period ended December 31, 2021 and in related disclosures in our other public filings with the Securities and Exchange Commission. Unless otherwise noted, the forward-looking information discussed today and included in these materials is representative as of today only and The Brink's Company undertakes no obligation to update any information contained in this document.

These materials are copyrighted and may not be used without written permission from Brink's.

Today's presentation is focused primarily on non-GAAP results. Detailed reconciliations of non-GAAP to GAAP results are included in the appendix and in the Second Quarter 2022

Earnings Release available in the Quarterly Results section of the Brink's website: www.brinks.com	2

Key Messages

Record 2Q Results, Full-Year Guidance Affirmed	(non-GAAP)

2Q summary…continued strong revenue growthand margin expansion

• Revenue +8% (+13% organic)
• Operating profit +12% (+17% organic), margin 10.9%
• Adjusted EBITDA+13%, margin 16.4%
• EPS up 12% (up 30% excluding MGI impact1)

2022 guidance affirmed

• Expect revenue growth of 8-11% and operating profit growth of 16-23%
• ~100 bps margin expansion driven by internal initiatives, cost reductions and operating leverage
• Strong YTD results offset inflationary and FX headwinds…expect momentum to continue in second half

Sustainability Update

• Initial Sustainability Update issued in July; outlined our focus on United Nations Sustainable Development Goals (UN SDGs)

Notes: See detailed reconciliations of non-GAAP to GAAP results included in the Second Quarter 2022 Earnings Release available in the Quarterly Results section of the Brink's website www.brinks.com.	3
1. Excludes the impact of mark-to-market accounting related to equity investment in MoneyGram International, Inc. which was sold in July 2021.

Second-Quarter 2022 Results

Continued Strong Revenue Growth and Margin Expansion…On Track for FY Guidance

(non-GAAP, $ millions, except EPS)

Revenue +8%

Op Profit +12%

Adj. EBITDA +13%

EPS +12%

Constant Currency +13%

Organic	+13%
Acq		0%
FX		(5%)
		$1,134
	$1,049
$826
2020	2021	2022

Constant Currency +18%

Organic +17%

Acq	+1%
FX	(6%)

		$124
	$111
$73
8.9%	10.5%	10.9%
Margin	Margin	Margin
2020	2021	2022

Constant Currency +17%

		$187
	$166
$120
14.5%	15.8%	16.4%
Margin	Margin	Margin
2020	2021	2022

Constant Currency +20%

+30%

excluding $.16 / share

MGI gain in 2Q211

		$1.29
	$1.15
	$0.99
$0.73	Excl.
MGI
	Gain1
2020	2021	2022

Notes: See detailed reconciliations of non-GAAP to GAAP results included in the Second Quarter 2022 Earnings Release available in the Results sectionof the Brink's website www.brinks.com. See detailed reconciliations of non-GAAP to GAAP 2020 results in the Appendix. Constant currency represents 2022 results at 2021 exchange rates.

1. Excludes the impact of mark-to-market accounting related to equity investment in MoneyGram International, Inc. (MGI). The second quarter 2021included a gain of $11 million($0.16 per share) in MGI stock, which was sold in July								4
2021 and had no impact on second quarter 2022 results.

Second-Quarter Revenue and Operating Profit vs 2021

(non-GAAP, $ millions)

		Revenue
% Change	13%	0%	13%	(5%)	8%
			Constant
			Currency
	$135	$4	$1,188	( $54 )	$1,134
$1,049
2021	Organic	Acq / Disp*	2022	FX	2022
Revenue			Revenue		Revenue
			Before FX

Operating Profit

% Change

17%

1%

18%

(6%)

12%

Constant

Currency

	$19	$1	$130	( $6 )	$124
$111
10.5%			11.0%		10.9%
Margin			Margin		Margin
2021	Organic	Acq / Disp*	2022	FX	2022
Op Profit			Before FX		Op Profit
			Op Profit

Notes: Amounts may not add due to rounding. See detailed reconciliations of non-GAAP toGAAP results included in the Second Quarter 2022Earnings Release availablein the Quarterly Results section of the Brink's website www.brinks.com.
Constant currency represents 2022 results at 2021 exchange rates.								5
*Acq/Disp amounts includethe impact of prior year trailing twelve-monthresults for acquiredand disposed businesses.