WEX Inc. announced that on September 16, 2022, Bhavana Bartholf, a member of Class I of the Board of Directors of the Company, submitted her resignation from the Board, including from the Audit and Technology Committees of the Board, effective immediately. Ms. Bartholf informed the Board that her decision was driven by a desire to focus on a new career opportunity and was not the result of any disagreement relating to the Company's operations, policies or practices. Subsequently on September 19, 2022, in accordance with the Company's bylaws, the Board reduced the size of the Board from twelve to eleven directors by decreasing the number of Class I directors from four to three.