Market Overview

Marathon Again Taps WEX to Operate Its Customer Card Program


Largest Global Fuel Brands Continue to Trust WEX to Serve Their Customers

Long-Term Deals Give Industry New Standard of Loyalty

WEX (NYSE:WEX) has renewed and expanded its agreement with Marathon
Petroleum Corporation (NYSE:MPC) to operate its commercial fuel card

The multi-year agreement, which specifies WEX will provide Marathon
Petroleum Corp. with sales and marketing resources to further drive
Marathon's retail growth, follows an initial five-year deal between the

Marathon Petroleum Corp. is a major oil refining, marketing and
transportation company headquartered in Findlay, Ohio.

Since WEX took over Marathon's fleet card program in 2012, its fuel card
portfolio has experienced consistent double-digit year-over-year growth
and decreased attrition.

"Our jobber customers see value in the development of their fleet
business, and our WEX program helps them to do just that," Marathon
Director of Brand Marketing Bill McCleave said.

Marathon Petroleum Corporation is the nation's second-largest refiner,
with a refining capacity of 1.9 million barrels per calendar day in its
six-refinery system. Marathon-brand gasoline is sold through
approximately 5,800 independently-owned retail outlets across 20 states
and the District of Columbia.

WEX manages customer fueling card programs for many of the world's major
oil brands, and for all 10 of the Top 10 of U.S. convenience store
brands by market share. WEX recently re-signed one of the nation's
largest convenience store chains to a 7-year renewal, expanding their
sales team and marketing resources as the company continues to grow its
nationwide footprint.

"Partners continue to re-sign with WEX because we are constantly
delivering new technology, enhancing service solutions and executing
go-to-market strategies that uniquely grow each partner's business in a
way that bolsters their brands and meets their objectives," WEX Senior
Vice President Jay Collins said. "Marathon has seen the value that their
fleet card program brings in not only extending Marathon's brand values,
but also in helping to grow their stations' businesses."

"Extended deals show us there is tremendous trust in the WEX brand from
the biggest players in the industry," Collins said. "They confirm the
belief we have in our technology and our people."

About Marathon Petroleum Corporation

Marathon Petroleum Corporation is a major oil refining, marketing and
transportation company headquartered in Findlay, Ohio.

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

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