As part of our dedication to innovation in the payments space, we are excited to announce our collaboration with Hyundai and their new in-vehicle payment system, Hyundai Pay. Hyundai Pay now allows drivers to purchase fuel at all Phillips 66^®, Conoco^® and 76^® stations through the connected car infotainment system. The Hyundai Pay system allows owners to quickly, seamlessly, and securely pay for services such as parking, EV charging and fuel through the infotainment touchscreen of the vehicles.

The in-car fueling payment services was first launched in the new Hyundai Sante Fe model in February 2024. This service has now been pushed as a software update to all Hyundai and Genesis vehicles (est. 1.52 million drivers) and all have access to the in-car fuel payment capability. To help promote the rollout of this new capability, Hyundai/Genesis plans to initiate various marketing activities including media, email, website, and collateral in all new vehicles.

We began piloting with Hyundai Pay in Q4 2023 and will continue to pilot for the rest of the 2024. Currently, we are the only fuel provider to be a part of this platform.