WAGEWORKS, INC.
DRAPER, UT

WageWorks, Inc., with its stock ticker designation (NYSE: WAGE), is a prominent administrator of Consumer-Directed Benefits (CDBs) in the United States. Established on August 28, 2009, and incorporated under Delaware law, WageWorks has significantly expanded its operations from an initial headquarters location to now include major offices throughout the nation, such as its significant office addition in downtown Milwaukee in December 2017. As a public and independent company, WageWorks capitalizes on its scale to effectively influence legislation and lead the field of CDBs. WageWorks offers an array of services primarily focused on enabling both employees and employers to manage their benefits more efficiently through pre-tax dollars. Its offerings include Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), Commuter Benefit Services, COBRA administration, wellness programs, and additional employee benefits support. Through a Software-as-a-Service (SaaS) model accessible via standard web browsers on various internet-enabled devices, WageWorks eliminates the need for its clients to manage complex hardware or software systems. This innovative delivery method allows rapid implementation of product enhancements while providing cost-effective solutions for administering CDB programs. The company serves over 100,000 employers and approximately 6.5 million participants. According to financial reports from November 8, 2017, WageWorks reported a total revenue of $115.7 million in the third quarter of that year, marking notable growth in multiple sectors such as Healthcare (up 37 percent) and COBRA services (up 48 percent). As of September 30, 2017, WageWorks had robust cash reserves amounting to $798.3 million. Located at its main headquarters in San Mateo, California, and various subsidiary offices across the United States, including one prominently located at 15 W Scenic Pointe Dr., Draper, UT, and another significant office in downtown Milwaukee, WageWorks continues to expand its influence with a focus on integrated offerings that serve as key competitive differentiators. The company is currently managed by officers such as Cordell Eggett (Treasurer), Jon Kessler (Director), and Delano Ladd (Secretary). For further information or inquiries, the company can be contacted through several phone lines and online at https://wageworks.com.