Wex Inc.

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, acquisition-related intangible amortization, other acquisition and divestiture related items, stock-based compensation, other costs, debt restructuring costs and debt issuance cost amortization, tax related items and certain other non-operating items and non-recurring or non-cash operating charges that are not core to our operations, as applicable depending on the period presented.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The Company's non-GAAP adjusted operating income excludes acquisition-related intangible amortization, other acquisition and divestiture related items, debt restructuring costs, stock-based compensation, other costs and certain non-recurring or non-cash operating charges that are not core to our operations, as applicable depending on the period presented.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The Company's non-GAAP adjusted net income excludes unrealized gains and losses on financial instruments, net foreign currency gains and losses, acquisition-related intangible amortization, other acquisition and divestiture related items, stock-based compensation, other costs, debt restructuring costs and debt issuance cost amortization, tax related items and certain other non-operating items and non-recurring or non-cash operating charges that are not core to our operations, as applicable depending on the period presented.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The Company believes that excluding these nonrecurring expenses facilitates the comparison of our financial results to the Company s historical operating results and to other companies in its industry Debt restructuring and debt issuance cost amortization are unrelated to the continuing operations of the Company.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Debt restructuring costs are not consistently occurring and do not reflect expected future operating expense, nor do they provide insight into the fundamentals of current or past operations of our business.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

In addition, since debt issuance cost amortization is dependent upon the financing method, which can vary widely company to company, we believe that excluding these costs helps to facilitate comparison to historical results as well as to other companies within our industry The tax related items are the difference between the Company s GAAP tax provision and a non-GAAP tax provision.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Our strategy to return to revenue growth was demonstrated in the third quarter with both revenue and earnings exceeding the high end of our guidance ranges, said Melissa Smith, WEX s Chair, Chief Executive Officer, and President.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

We are focused on driving continued momentum by executing on our three strategic pillars amplifying our core business, expanding our reach, and accelerating innovation.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

We remain focused on disciplined investment in our core and maintaining financial flexibility, positioning WEX to capture growth and operating leverage as market conditions improve.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

changes in our geographic earnings mix including due to acquisition activity, or other changes to our strategy or business operations.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

This also includes non-recurring professional service costs, costs related to certain identified initiatives, including restructuring and technology initiatives, to further streamline the business, improve the Company s efficiency, create synergies and globalize the Company s operations, all with an objective to improve scale and efficiency and increase profitability going forward.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Financial Guidance and Assumptions The Company provides revenue guidance on a GAAP basis and earnings guidance on a non-GAAP basis, due to the uncertainty and the indeterminate amount of certain elements that are included in reported GAAP earnings.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

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.

SEC original ↗Wex Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2025

We have largely lapped the headwind we've discussed in recent quarters from a large OTA customer transitioning to a new operating model.

SEC original ↗Wex Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2025