\nWEX (NYSE: WEX) (\u201cWEX\u201d or the \u201cCompany\u201d), a global leader in intelligent payment solutions, today announced that it filed definitive proxy materials with the Securities and Exchange Commission (\u201cSEC\u201d) in connection with its upcoming 2026 Annual Meeting of Stockholders (\u201cAnnual Meeting\u201d), scheduled for May 5, 2026. In conjunction with the definitive proxy materials, WEX is also mailing a letter to shareholders.<\/p>\n
This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260406765136\/en\/<\/a><\/p>\n \nHighlights from the letter include:<\/p>\n \nThe full text of the letter follows:<\/p>\n \nDear Fellow Shareholders:<\/p>\n \nAt the 2026 Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d) of WEX Inc. (\u201cWEX,\u201d \u201cwe,\u201d or the \u201cCompany\u201d), which is scheduled to be held on May 5, 2026, you will have an important decision to make about who will serve as your Board of Directors (the \u201cBoard\u201d) and help shape WEX\u2019s future.<\/p>\n \nThe Board has nominated nine director candidates who collectively have the necessary expertise, economic alignment and dedication to the Company. These directors, which include both recent additions to the Board and incumbent directors, have been instrumental to the Company\u2019s recent progress and have played a vital role in guiding the Company\u2019s strategy. One of our shareholders, Impactive Capital Master Fund LP (\u201cImpactive\u201d), is seeking to displace three of those directors \u2013 one third of our Board \u2013 with its own candidates, including one of Impactive\u2019s own principals.<\/p>\n \nIn our view, replacing these incumbent directors would jeopardize the Company\u2019s progress.<\/p>\n \nTo help ensure WEX\u2019s momentum continues, the Board urges you to review our proxy materials carefully and vote today \u201cFOR\u201d ONLY WEX\u2019s nine nominees<\/b> using the enclosed BLUE<\/b> proxy card.<\/p>\n Our Business<\/b><\/p>\n \nWEX is guided by a clear purpose: to simplify the business of running a business. We create solutions that enable our customers to make, receive, monitor and manage payments, helping them save time and money and make better decisions.<\/p>\n \nOur solutions span three large, growing markets \u2013 Mobility, Benefits and Corporate Payments \u2013 where reliability, compliance and control are critical. Across these markets, our scale, proprietary data and payments expertise provide a strong, durable competitive advantage.<\/p>\n \nWe have three reportable segments, each of which shares a common backbone, including foundational technology and global compliance infrastructure. These segments also benefit from WEX Bank, our banking subsidiary, which provides access to lower-cost funding and enables us to earn higher returns than our peers on the custodial assets in our Benefits business. This integrated platform creates operating leverage, lowers unit costs and drives innovation across the enterprise.<\/p>\n Improving Results<\/b><\/p>\n \nAgainst a dynamic macroeconomic backdrop, our strategy is working and our team is executing well.<\/p>\n \nIn 2025, we delivered record revenue. We also made significant progress on important strategic initiatives, increasing the pace of product innovation by more than 50%, driven by focused investment, greater operational discipline and the successful deployment of AI tools.<\/p>\n \nOver the last ten years, we have compounded our revenue by 11% annually, our net income per diluted share by 35% annually and our adjusted net income per diluted share by 17% annually. From 2016 through 2025, our revenue growth exceeded the median of the companies in the performance peer group described in our proxy. And during the last five years, volume in our Corporate Payments business has grown at double-digit rates and transaction volume in Mobility and account growth in our Benefits segment have outpaced our closest peers. We have also achieved healthy margins and delivered strong returns on our increased sales and marketing investment.<\/p>\n \nWe have delivered these results despite significant challenges impacting two of our segments: Mobility and Corporate Payments. In Mobility, post-COVID oversupply in the over-the-road trucking market has weighed on revenue growth. Transaction volumes were further impacted by a pull-forward of activity in early 2025 in response to tariffs. In Corporate Payments, the transition of one of our customers to a new operating model led to a temporary decline in revenue and purchase volumes.<\/p>\n \nTo address these headwinds and lay the foundation for sustainable, profitable growth, we have been focusing on modernizing our platforms, leveraging advancements in AI to bring products into the marketplace more quickly and at a lower cost, investing efficiently in sales and marketing to maintain and grow market share, and allocating capital with discipline.<\/p>\n \nIn 2026, we intend to scale the businesses further and build upon our recent momentum: we expect to deliver strong new business growth, supported by a robust pipeline, improving sales productivity and healthy customer demand across all three segments.<\/p>\n \nWhile we have achieved strong operating results and are on a clear path forward, we are not satisfied with our current share price. We do not believe the stock price reflects our performance or the Company\u2019s fair value. That said, on a total shareholder return basis, we have outperformed the median of our performance peer group over the last year. We are confident that, as we continue to execute our strategy, scale the business and deliver on our commitments, our share price will better reflect our underlying momentum.<\/p>\n Evolving and Refreshing our Board<\/b><\/p>\n \nAmidst the changing industry and macroeconomic environment, the Board has been executing a multi-year plan to ensure it has the right balance of skills, experience and perspectives to provide effective oversight, and we have recently accelerated that plan as we have listened to shareholder feedback.<\/p>\n \nIn November 2025, David Foss, the former President and CEO of Jack Henry & Associates, joined the Board, bringing deep financial technology and financial services expertise. He is slated to become Vice Chair and Lead Independent Director of the Board as of the 2026 Annual Meeting, while three of our longer-serving directors will not be standing for reelection. In all, since 2020, eight directors have retired or are not standing for reelection at the Annual Meeting, and six new directors have been appointed.<\/p>\n \nAt the upcoming Annual Meeting, the Board is nominating nine candidates for election to the Board. Our nominees have served as senior leaders at some of the world\u2019s largest and most respected companies. Through their executive experience, our candidates have developed deep expertise in areas critical to our business, including financial technology and payments, finance and accounting, legal and regulatory matters, business development and M&A, risk management, technology, sustainability, human capital management and cybersecurity. With an average tenure of less than six years, the Board\u2019s nominees have a healthy mix of fresh perspectives and institutional knowledge.<\/p>\n Impactive\u2019s Campaign for Board Representation<\/b><\/p>\n \nOver the past five years, the management team and directors have engaged extensively with Impactive\u2019s principals, held dozens of meetings and spent hundreds of hours carefully and objectively reviewing Impactive\u2019s analyses and evaluating its recommendations. When appropriate, we have engaged outside experts to assist us, including our recent engagement of J.P. Morgan and Bank of America to help us evaluate the Company\u2019s business configuration and Impactive\u2019s proposal to break up the Company.<\/p>\n \nNotably, Impactive\u2019s inquiries, analyses and proposals have focused largely on \u201cfinancial engineering\u201d \u2013 splitting up the Company on the belief that we might achieve a higher blended multiple, buying back stock or increasing our pricing. This stands in sharp contrast to the questions and suggestions we hear from our other investors, which tend to focus instead on the fundamentals of our business: how can WEX drive further market share, use AI to grow and to expand margins and extend into adjacent end markets?<\/p>\n \nDespite our business momentum and the Board\u2019s willingness to engage with Impactive and consider its ideas, Impactive is seeking to replace three of our directors with its own candidates. We do not believe any of Impactive\u2019s candidates would bring expertise that is not already represented on the Board.<\/p>\n \nAs importantly, the election of Impactive\u2019s candidates would displace directors who have contributed meaningfully to the Board\u2019s deliberations and whose guidance and insights would be difficult to replace. We believe the loss of these directors would outweigh any potential gain.<\/p>\n \nWe have worked hard to avoid this proxy contest. We would certainly prefer to maintain our focus on running the business and driving fundamental business improvement. To that end, we recently offered to expand our Board and appoint two of Impactive\u2019s three nominees. To our disappointment, Impactive rejected this proposed solution, escalated its demands and refused to accept any resolution that did not include the appointment of Ms. Taylor Wolfe (or her partner) to the Board.<\/p>\n \nTo be clear, we value our relationship with Impactive and Ms. Taylor Wolfe. In particular, we appreciate the investment Impactive has made in the Company and the analyses Ms. Taylor Wolfe and her team have offered us over the years.<\/p>\n \nHowever, we cannot agree to add Ms. Taylor Wolfe to our Board. Our reluctance to do so is not the result of insularity or obstinance, nor is it personal. It is, instead, the result of diligence and our dedication to our fiduciary responsibilities:<\/p>\n \nGiven these issues, the Board cannot, in good conscience, endorse Ms. Taylor Wolfe\u2019s candidacy, even though we value her input and engagement. We pledge to continue to objectively evaluate her perspectives \u2013 which we can do without her serving on the Board.<\/p>\n \nWith respect to Impactive\u2019s other candidates, we have expressed our willingness to Impactive to appoint them and expand the Board to eleven members. Impactive has refused to accept this proposal and resolve this proxy contest.<\/p>\n Shareholders Should Support the Board\u2019s Superior Nominees<\/b><\/p>\n \nIn our view, this year\u2019s director election turns on a simple question: what is the best path to enhance shareholder value? In our judgment, the answer is to continue executing a clear strategy that builds on WEX\u2019s distinctive strengths: deep payments expertise, shared capabilities and infrastructure, proprietary data and global scale.<\/p>\n \nOur nominees are well equipped to continue to oversee that work, and we believe that replacing any one of our incumbents with the Impactive candidates would be a net loss to the Board and risk disrupting our progress. Accordingly, we unanimously recommend that shareholders vote on the BLUE<\/b> proxy card today \u201cFOR\u201d ONLY WEX\u2019s nominees<\/b>.<\/p>\n \nThank you for your continued support and investment in WEX as we continue to work to create durable value on behalf of all shareholders.<\/p>\n \nSincerely,<\/p>\n \nThe WEX Board of Directors<\/p>\n INNISFREE M&A INCORPORATED About WEX<\/b><\/p>\n \nWEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility, and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. For more information, please visit www.wexinc.com<\/a>.<\/p>\n Forward-Looking Statements and Risk Factors<\/b><\/p>\n \nThis press release contains forward-looking statements including, but not limited to, statements regarding plans, goals, expectations and objectives. Any statements in this communication that are not statements of historical facts are forward-looking statements. When used in this communication, the words \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cwill,\u201d \u201cpositions,\u201d \u201cconfidence,\u201d and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. Forward-looking statements relate to our future plans, objectives, expectations, and intentions and are not historical facts and accordingly involve known and unknown risks and uncertainties and other factors that may cause the actual results or performance to be materially different from future results or performance expressed or implied by these forward-looking statements, including, but not limited to, the risks and uncertainties identified in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) on February 13, 2026 and subsequent filings with the SEC. The forward-looking statements speak only as of the date of this communication and undue reliance should not be placed on these statements. The Company disclaims any obligation to update any forward-looking statements as a result of new information, future events, or otherwise.<\/p>\n Important Additional Information and Where to Find It<\/b><\/p>\n \nThe Company has filed a definitive proxy statement on Schedule 14A, an accompanying BLUE<\/span><\/b> proxy card, and other relevant documents with the SEC in connection with the solicitation of proxies from the Company\u2019s stockholders for the Company\u2019s 2026 annual meeting of stockholders. THE COMPANY\u2019S STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY\u2019S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE ACCOMPANYING BLUE<\/span><\/b> PROXY CARD, AND ANY OTHER DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain a free copy of the definitive proxy statement, an accompanying BLUE<\/span><\/b> proxy card, any amendments or supplements to the definitive proxy statement, and other documents that the Company files with the SEC at no charge from the SEC\u2019s website at www.sec.gov<\/a>. <\/a>Copies will also be available at no charge by clicking the \u201cSEC filings\u201d link in the \u201cFinancials\u201d section of the Company\u2019s website at https:\/\/ir.wexinc.com\/<\/a>.<\/a><\/p>\n Appendix<\/b><\/p>\n Reconciliation of GAAP Net Income Attributable to Shareholders per Diluted Share to Adjusted Net Income Attributable to Shareholders per Diluted Share<\/b><\/p>\n (Unaudited)<\/b><\/p>\n<\/td>\n Year Ended December 31,<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n 2016<\/b><\/p>\n<\/td>\n 2017<\/b><\/p>\n<\/td>\n 2018<\/b><\/p>\n<\/td>\n 2019<\/b><\/p>\n<\/td>\n 2020<\/b><\/p>\n<\/td>\n 2021<\/b><\/p>\n<\/td>\n 2022<\/b><\/p>\n<\/td>\n 2023<\/b><\/p>\n<\/td>\n 2024<\/b><\/p>\n<\/td>\n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n Net income (loss) attributable to shareholders per diluted share<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 0.57<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 3.71<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 3.86<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 2.26<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n (5.56)<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n \u2014<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 4.50<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 6.16<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 7.50<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 8.47<\/b><\/p>\n<\/td>\n<\/tr>\n \nUnrealized loss (gain) on financial instruments<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.19)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.03)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.06)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.79<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.62<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.86)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(1.86)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.70<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.01<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.02)<\/p>\n<\/td>\n<\/tr>\n \nNet foreign currency loss (gain)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.23<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.73)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.89<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.02<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.59<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.27<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.51<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.11)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.63<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n<\/tr>\n \nAcquisition-related intangible amortization<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n2.39<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n3.57<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n3.17<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n3.64<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n3.90<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n4.01<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n3.81<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n4.25<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n4.89<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n5.34<\/p>\n<\/td>\n<\/tr>\n \nOther acquisition and divestiture related items<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.24<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.12<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.10<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.86<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.32<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.81<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.40<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.15<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.29<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.25<\/p>\n<\/td>\n<\/tr>\n \nLegal settlement<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n3.71<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n<\/tr>\n \nStock-based compensation<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.48<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.71<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.81<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.09<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.50<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.70<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n2.25<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n3.04<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n2.71<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n2.88<\/p>\n<\/td>\n<\/tr>\n \nOther costs<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.34<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.26<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.31<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.57<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.31<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.52<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.86<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.05<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.19<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.71<\/p>\n<\/td>\n<\/tr>\n \nVendor settlement<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.38<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n<\/tr>\n \n(Gain) loss on sale of subsidiary<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.49)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.06<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n<\/tr>\n \nImpairment charges and asset write-offs<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.02<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.13<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.22<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n3.05<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.28<\/p>\n<\/td>\n<\/tr>\n \nDebt restructuring and debt issuance cost amortization<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.31<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.24<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.32<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.48<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.91<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.48<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.39<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n2.06<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.39<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.23<\/p>\n<\/td>\n<\/tr>\n \nChange in fair value of contingent consideration<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.88<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n3.11<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.20<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.16<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.08<\/p>\n<\/td>\n<\/tr>\n \nNon-cash adjustments related to tax receivable agreement<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.01<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.35)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n0.02<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.02)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.01)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n<\/tr>\n \nANI adjustments attributable to non-controlling interests<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.06)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.04)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.03)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n1.21<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.98)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n2.91<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.77)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n<\/tr>\n \nTax related items<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(1.93)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(2.67)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(1.24)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(1.71)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(2.47)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(1.58)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(2.59)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(2.59)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(2.47)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(2.13)<\/p>\n<\/td>\n<\/tr>\n \nDilutive impact of stock awards<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.06)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n<\/tr>\n \nDilutive impact of convertible debt<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.13)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n(0.10)<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n \n$<\/p>\n<\/td>\n \n\u2014<\/p>\n<\/td>\n<\/tr>\n Adjusted net income attributable to shareholders per diluted share<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 3.78<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 5.32<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 8.28<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 9.20<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 6.06<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 9.14<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 13.53<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 14.81<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 15.28<\/b><\/p>\n<\/td>\n $<\/b><\/p>\n<\/td>\n 16.10<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n \n\u00a0<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260406765136\/en\/<\/a><\/span><\/p>\n News Media: Investor: KEYWORDS:<\/b> Maine United States North America<\/p>\n INDUSTRY KEYWORDS:<\/b> Software Technology Electronic Commerce Payments<\/p>\n![\"\"](\"https:\/\/mms.businesswire.com\/media\/20260406765136\/en\/2766045\/4\/WEX_Revenue_and_ANI.jpg\")
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<\/b>501 Madison Avenue, 20th Floor
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New York, New York 10022
\n
Shareholders, please call toll free: +1 (877) 750-0637 (from the U.S. and Canada) or
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Banks and Brokerage firms may call: +1 (212) 750-5833 (collect)<\/p>\n\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/p>\n
\n<\/b>
Edelman Smithfield
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WEX@edelman.com<\/a><\/p>\n
\n<\/b>
WEX
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Steve Elder, 207-523-7769
\n
Steve.Elder@wexinc.com<\/a><\/p>\n
![\"Photo\"](\"https:\/\/mms.businesswire.com\/media\/20260406765136\/en\/2766045\/3\/WEX_Revenue_and_ANI.jpg\")
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