Corpay — May 6, 2025 release

For fiscal year 2025, Corpay, Inc.'s updated financial guidance 1 is as follows: • Total revenues between $4,380 million and $4,460 million; • Net income between $1,167 million and $1,207 million; • Net income per diluted share between $16.37 and $16.77; • Adjusted net income between $1,485 million and $1,525 million; and • Adjusted net income per diluted share between $20.80 and $21.20. Corpay’s guidance assumptions for the balance of the year are as follows: • Weighted average U.S. fuel prices equal to $2.96 per gallon; • Fuel price spreads flat with the 2024 average; • Foreign exchange rates equal to the April 2025 forward consensus; • Interest expense between $350 million and $380 million; • Approximately 72 million fully diluted shares outstanding; • An effective tax rate of approximately 25.5% to 26.5%; and • No impact related to material acquisitions not closed. Conference Call: The Company will host a conference call to discuss first quarter 2025 financial results today at 5:00 pm ET. Hosting the call will be Ron Clarke, chief executive officer, Alissa Vickery, interim chief financial officer and Jim Eglseder, investor relations. The conference call will be webcast live from the Company's investor relations website at http://investor.corpay.com. The conference call can also be accessed live over the phone by dialing (800)-445-7795 or (785)-424-1699; the Conference ID is CORPAY. A replay will be available one hour after the call and can be accessed by dialing (844)-512-2921 or (412)-317-6671 for international callers; the replay conference ID is 11158788. The replay will be available through Tuesday, May 13, 2025. Prior to the conference call, the Company will post supplemental financial in