Investor Presentation

4 Strong Margins with Credible Path to Sequential Improvements Pre-SAC Adjusted EBITDA Margin 62% 61% 59% 57% 56% 54% 54% 50% 50% 50% 47% II Q1 Q2 Q3 Q4 Q1 2019 2019 2019 2019 2020 Q2 Q3 2020 2020 Q4 Q1 2020 2021 Q2 Q3 2021 2021 Adjusted EBITDA Margin 57% 53% 52% 53% 52% 49% 48% 48% 44% 43% 36% Q1 Q2 Q3 Q4 Q1 2019 2019 2019 2019 2020 Q2 Q3 2020 2020 Q4 2020 Q1 Q2 Q3 2021 2021 2021 Note: See Appendix for reconciliation from Net Income to Adjusted EBITDA |||||BRINKS HOME Commentary ■ Subscriber Acquisition Costs (SAC) are costs related to acquiring customers and include direct costs (principally marketing and labor) related to the DTC channel and acquisition costs to acquire customers in the Dealer channel ■ SAC is either expensed or capitalized depending on whether the account is acquired through the DTC or Dealer channel ■ Pre-SAC EBITDA removes the volatility associated with expensed SAC and therefore reflects the underlying cost to serve existing customers ■ Brinks focuses on improving pre-SAC EBITDA margins by operating more efficiently with its existing customer base, which allows for additional investment in DTC growth Declining adjusted EBITDA margins in recent quarters largely reflect increased investment in the DTC channel and investments in business intelligence and analytics that reduce cost to serve and drive profitable unit growth o Pre-SAC Margins continue to be robust 22 22

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