WEX — Jul 23, 2025 release

15 Financial Guidance The following table presents our expectations for the third quarter and full year 2025: Financial Guidance Q3'25 Full Year 2025 Current Guidance Current Guidance Changes from Prior Guide at Midpoint Low High Low High $ Change % Change Fuel Price Impact Net Revenue, in millions $ 669  $ 689  $ 2,605  $ 2,645  $ 27  1  % $22 Adjusted Net Income per Diluted Share 14 $ 4.30  $ 4.50  $ 15.37  $ 15.77  $ 0.55  4  % $0.39 Third quarter and full year 2025 guidance is based on a number of assumptions, including: Key Guidance Assumptions Q3'25 Full Year 2025 Current Guidance Current Guidance Change from Prior Guide at Midpoint % Change Average US Retail Fuel Prices per Gallon $3.23 $3.21 $0.11 4% Mobility Credit Losses (bps) 13 - 18 12 - 17 0 —% Diluted Shares Outstanding, in millions 34.8 35.9 0 —% 2025 guidance also includes the following assumptions: • No benefits from future M&A activity • Interest rate decreases included in line with the market Fed Funds projections • Exchange rates are as of the end of June 2025 • Fuel prices are based on the NYMEX prices from the week of July 14, 2025 • Adjusted net income effective tax rate of 25.0% for 2025 (all periods) • No further share repurchases in 2025 (14)     The Company's adjusted net income guidance, which is a non-GAAP measure, excludes unrealized gains and losses on financial instruments, net foreign currency gains and losses, changes in fair value of contingent consideration, acquisition-related intangible amortization, other acquisition and divestiture related items, stock-based compensation, other costs, impairment charges, debt restructuring and debt issuance cost amortization, adjustments attributable to our non-controlling interests, and certain tax related items. We are unable to reconcile our adjusted net income guidance to the comparable GAAP measure without unreasonable effort because of the difficulty in predicting the amounts to be adjusted, including, but not limited to, foreign currency exchange rates,