The Brink's Company (the "Company") anticipates a change in the accounting treatment with respect to its Malaysia business (the "Malaysia Business"). Following a change in the Company's involvement in the Malaysia Business, the Company expects to account for its investment under a method other than consolidation, and the Malaysia Business’s results would therefore no longer be reflected on a consolidated basis in the Company's financial statements.

 

The Company currently expects this change to reduce reported revenue by approximately $100 million and Adjusted EBITDA by approximately $10 million to $15 million, in each case, over the next four quarters. The Company does not expect this change will have an impact on its full-year 2026 organic revenue growth and Adjusted EBITDA margin expansion framework.

 

These expectations are preliminary, reflect the Company’s management’s current estimates, and are subject to change as the Company completes its financial close and review procedures for the quarter. Adjusted EBITDA is a non-GAAP financial measure. The Company is unable to provide a quantitative reconciliation of the anticipated Adjusted EBITDA impact to the most directly comparable GAAP measure without unreasonable effort because the Company has not yet completed its financial close and review procedures for the quarter, and certain items necessary to complete the reconciliation depend on the outcome of that process and on future events that cannot be reasonably estimated at this time.

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