ontents KPMG KPMG LLP Suite 1400 55 Sisx.md Street San Francisco. CA 94105 Independent Auditors' Report The Members and Board of Directors of Wells Fargo Merchant Services, LLC: We have audited the accompanying financial statements of Wells Fargo Merchant Services, LLC (the Company), which comprise the balance sheets

direct and indirect distribution channels in the United States, including three of our largest equity alliances. Bank of America Merchant Services. Wells Fargo Merchant Services and PNC Merchant Services. and our largest revenue sharing alliance, Citi Merchant Services. In the United States, we serve large businesses, such