Ncr Atleos Corporation · NYSE:NATL

Ncr Atleos — Merger or Acquisition (February 2026)

12 slides from Ncr Atleos's merger presentation, Feb 26, 2026

  1. Slide 1: Creating a Leader in Financial Technology Infrastructure

    Creating a Leader in Financial Technology Infrastructure February 26, 2026

  2. Slide 2: Cautionary Note Regarding Forward-Looking Statements

    2 Cautionary Note Regarding Forward - Looking Statements This presentation contains forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 . Words such as “anticipate,” “assume,” “could,” “estimate,” “expect,” “target,” “possible,” “project,” “predict

  3. Slide 3: Combining Trusted Financial Technology Infrastructure Solution Providers to Better Serve Banking and Retail Customers

    3 Combining Trusted Financial Technology Infrastructure Solution Providers to Better Serve Banking and Retail Customers Enhanced Size and Scale Combined company: 1 • ~$10B Total Revenue • ~$2B of Adjusted EBITDA • Adj. EBITDA Margins ~20% • ~$ 1B of Free Cash Flow Resilient and Growing Financial Pro

  4. Slide 4: NCR Atleos Overview

    4 NCR Atleos Overview Industry Leading Self - service Banking Solution Platform #1 ATMaaS and Managed Services Provider #1 Independently owned and operated ATM network globally #1 Provider of Multi - vendor ATM software applications and middleware Full outsourcing capabilities Extensive hardware & s

  5. Slide 5: Broadened Customer Offerings to Enhance Scale and Profitability

    5 Broadened Customer Offerings to Enhance Scale and Profitability 1 Financial figures for Brink’s and NCR Atleos represent results for the year ended December 31, 2025 2 Reflects Brink’s 2025 strategic pillars across its service lines and NCR Atleos ’ 2025 reported segments 3 See Brink's fourth quar

  6. Slide 6: Integrated, Best-in-Class Capabilities Across the Full Customer Value Chain

    6 Integrated, Best - in - Class Capabilities Across the Full Customer Value Chain Complementary Offerings and Capabilities Enable Network Optimization of ATM Managed Services and Outsourcing Hardware Software Cash Logistics Monitoring & Forecasting Dispatch Processing FLM/SLM Strong global partnersh

  7. Slide 7: Combining Industry Leading DRS and AMS Offerings to Streamline the Retail Payments Ecosystem

    7 Combining Industry Leading DRS and AMS Offerings to Safely and Securely Streamline the Retail Payments Ecosystem Enhanced Potential to Penetrate Large & Expanding Addressable Markets 1 Existing ATM Managed Services Traditional Cash Management $28B $8B +2 - 3x Potential 1 Illustrative addressable m

  8. Slide 8: Expected Synergies Across the Business: Unlocking Value and Accelerating Growth and Profitability

    8 Expected Synergies Across the Business: Unlocking Value and Accelerating Growth and Profitability Service network and infrastructure Insourcing logistics and field services, optimizing cash placement, driving network efficiencies SG&A Streamlining and optimizing SG&A and eliminating duplicative pu

  9. Slide 9: Strengthening Free Cash Flow Generation to Maximize Shareholder Value Creation

    9 Strengthening Free Cash Flow Generation to Maximize Shareholder Value Creation Combined Free Cash Flow Free Cash Flow ($M) 1 Conversion (%) 2 $400 $436 ~$1B $242 $326 2024 2025 2 - 3 YEARS Brink's NCR Atleos Post - Closing Combined Net Leverage Near - Term Capital Allocation Priorities Organic Inv

  10. Slide 10: Transaction Overview

    10 Transaction Consideration Financial Impact Transaction Overview • Implied value: $6.6B 1 , 7.2x 2026E NCR Atleos Adjusted EBITDA 2 • Implies a 24% premium over NCR Atleos ’ closing stock price on February 25, 2026, and a 26% premium over NCR Atleos ' 30 - day VWAP • $50.40 per share consideration

  11. Slide 11: Combination Accelerates Existing Core Value Creation Priorities

    11 Combination Accelerates Existing Core Value Creation Priorities 1 Presented on a pre - tax basis 2 Illustrative combined Free Cash Flow represents 2027 consensus estimates for Free Cash Flow before dividends for Brink’s an d A djusted Free Cash Flow - unrestricted for NCR Atleos , as well as $200

  12. Slide 12: BRINKS « @ NCR ATLEOS

    BRINKS « @ NCR ATLEOS

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