WEX — Oct 26, 2025 release

12 The following charts present Corporate Payments segment revenue, adjusted operating income margin, volume, and net interchange rate: 13 Balance Sheet and Debt The following table includes a further condensed version of our balance sheet as well as key operating metrics relevant to our balance sheet: (in millions, except for leverage ratio) 9/30/23 12/31/23 3/31/24 6/30/24 9/30/24 12/31/24 3/31/25 6/30/25 9/30/25 Cash and Cash Equivalents $ 958  $ 976  $ 780  $ 683  $ 535  $ 599  $ 610  $ 773  $ 813   Accounts Receivable 4,054  3,429  3,857  3,966  3,770  3,023  3,768  3,925  3,816   Long-Term Debt, Net 2,650  2,828  3,082  2,960  3,143  3,082  4,100  3,909  3,719   Corporate Cash $ 170  $ 172  $ 176  $ 143  $ 123  $ 80  $ 163  $ 134  $ 128   Available Liquidity 14 $ 1,095  $ 903  $ 639  $ 947  $ 729  $ 735  $ 770  $ 916  $ 1,082   Leverage Ratio 15 2.4x 2.5x 2.6x 2.5x 2.6x 2.6x 3.5x 3.4x 3.25x Investment Securities at Cost 16 $ 2,830  $ 3,102  $ 3,411  $ 3,438  $ 3,734  $ 3,875  $ 3,891  $ 4,180  $ 4,134   We currently remain in a healthy financial position and ended the quarter with $1,082 million of available liquidity that includes our available corporate cash and capacity to borrow under our revolving Credit Agreement. Our leverage ratio, as defined in the Credit Agreement, as of September 30, 2025, stands at 3.25 times, and remains within our long-term target of 2.5 times to 3.5 times. The Company expects to use cash flow generated through the remainder of the year to reduce leverage. The following table summarizes the Company's long-term debt maturities 17 , excluding our revolver and nominal scheduled principal payments on our term loans: We have maintained ample access to debt markets and strategically review our debt composition and maturity schedule to align with our long-term objectives. We currently have a runway of more than two years before our next maturity, which we believe provides us with an appropriate cushion to remain opportunistic in the market. (14)      Available liquidity includes corporate cash, plus the portion of our revolving credit facility undrawn as of the specific balance sheet date. (15)     As defined in the Credit Agreement. (16)     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. (17)     The maturity date of the Term A debt is the earlier of (i) May 10, 2029 and (ii) the date that is 91 days prior to the maturity of the