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WEX Fleet Cards Now Accepted at Monro Family of Maintenance Centers

Fleets Can Increase Uptime Paying on Expanded WEX Network
More Service Providers Trust WEX to Serve Their Customers

SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Aug. 15, 2018-- WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced Monro, Inc. (NASDAQ: MNRO), the nation’s largest company-owned and -operated vehicle service chain, now accepts WEX fleet payment solutions from its customers.

Through this agreement, WEX’s universal fleet card can be used for payment services at more than 1,100 Monro locations operating under eight regional brands throughout the Eastern U.S.

Monro’s auto shops and tire stores include Monro Muffler Brake & Service, Mr. Tire Auto Service Centers, Tread Quarters Discount Tire Auto Service Centers, AutoTire Car Care Centers, Ken Towery’s Tire & AutoCare, Tire Warehouse Tires for Less, Tire Barn Warehouse and The Tire Choice & Total Car Care.

“We are thrilled to embark on this strategic relationship with Monro, through which we are expanding the number of trusted partners where our fleet customers can use their WEX Fleet Cards,” WEX Vice President of Merchant Services Karl Kelley said. “We aspire to revolutionize corporate payments for our fleet customers and are proud to do this through an agreement with Monro, a reliable and important service provider for many of our customers.”

“Fleets across the country rely on WEX’s track record of award-winning customer service and customized payment solutions, and we look forward to joining the WEX network through this agreement, which will allow us to continue to deliver superior maintenance and repair services, quality replacement parts and name-brand tires at affordable prices to new and existing customers,” Monro Vice President of Acquisition and Operations Support Joel Zaleski said.

About Monro, Inc.

Headquartered in Rochester, New York, Monro is a chain of 1,165 Company-operated stores, 98 franchised locations, nine wholesale locations and three retread facilities providing automotive undercar repair and tire sales and services. The Company operates in 27 states, serving the Mid-Atlantic and New England states and portions of the Great Lakes, Midwest and Southeast. The predecessor to the Company was founded by Charles J. August in 1957 as a Midas Muffler franchise. In 1966, Monro began to diversify into a full line of undercar repair services. The Company has experienced significant growth in recent years through acquisitions and, to a lesser extent, the opening of newly constructed stores. The Company went public in 1991 and trades on NASDAQ under the symbol MNRO.

About WEX Inc.

Powered by the belief that complex payment systems can be made simple, WEX Inc. (NYSE: WEX) is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare. WEX operates in more than 10 countries and in more than 20 currencies through more than 3,500 associates around the world. WEX fleet cards offer 11.5 million vehicles exceptional payment security and control; purchase volume in its travel and corporate solutions grew to $30.3 billion in 2017; and the WEX Health financial technology platform helps 300,000 employers and more than 25 million consumers better manage healthcare expenses. For more information, visit www.wexinc.com.

Source: WEX Inc.

Monro, Inc.
Don Ross, 800-876-6676, #3372
donald.ross@monro.com
or
WEX Inc.
Rob Gould, 207-523-7429
robert.gould@wexinc.com