WEX — Feb 5, 2025 release

Earlier in the year, we refinanced our Term Loan A and revolving credit agreement, extending the term to 2028 and improving our pricing terms. The net effect of refinancing activity in 2024 is expected to reduce interest expense by more than $10 million on an annualized basis; assuming borrowings are consistent with Q4 2024. (10)      Available liquidity includes corporate cash, plus the portion of our revolving credit facility undrawn as of the specific balance sheet date. (11)     Our available for sale debt securities are measured and reported at fair value on the face of the balance sheet. We have additionally included the cost basis of these investments to provide greater clarity on the nature and extent of our investing activities. 13 Cash Flow The following table presents our operating cash flow and adjusted cash flow metric: (Unaudited) For the three months ended For the twelve months ended (In millions) 12/31/22 3/31/23 6/30/23 9/30/23 12/31/23 3/31/24 6/30/24 9/30/24 12/31/24 12/31/22 12/31/23 12/31/24 Operating Cash Flow, as reported $ 572.8  $ 27.1  $ 72.4  $ 46.5  $ 761.9  $ (153.3) $ (7.0) $ 3.3  $ 638.4   $ 679.4  $ 907.9  $ 481.4   Adjustments To Cash Flows From Operating Activities: Changes in WEX Bank Cash Balances $ (118.1) $ (46.7) $ 71.4  $ (83.5) $ (23.6) $ 188.9  $ 69.6  $ 125.3  $ (104.7) $ (295.7) $ (82.4) $ 279.1   Other $ —  $ 1.5  $ —  $ —  $ (50.0) $ 67.1  $ —  $ —  $ (33.1) $ —  $ (48.5) $ 34.0   Adj