Brink's enhances CEO compensation: severance to 2.0x, change-in-control to 3.0x, equity vesting extended

BRINKS CO

CEO Mark Eubanks executed letter agreement July 17 enhancing equity vesting; Company Match Units fully vest on involuntary termination before Sept 7, 2026.
Severance Plan amendments: cash severance raised to 2.0x salary+target bonus (from 1.5x); equity vesting extended to 24 months.
Change in Control Plan: CEO severance increased to 3.0x salary+3yr avg bonus; COBRA extended to 24 months; protection period includes 6 months pre-CIC.
Plan amendments that reduce CEO benefits require 24-month delay without written approval (previously 12 months).
Voluntary termination on/after May 1, 2028, without cause qualifies for continued equity vesting if 6 months' notice given.

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