Scarlet™, a New Bank Account and Debit Mastercard®, Launches Exclusively at Walgreens, Promotes a Path to Financial Health, Earns Rewards on Purchases at Walgreens and Beyond

Walgreens and InComm Payments™, a leading global payments technology company, today announced the launch of Scarlet¹, a bank account and debit card powered by Mastercard and issued by MetaBank^®, available exclusively at Walgreens. Scarlet helps make the path to financial wellness simpler than ever with Walgreens Cash rewards, as well as personal finance planning tools and payment solutions. Scarlet will be available at more than 9,000 Walgreens stores nationwide, online and via the Walgreens mobile app.

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SCARLET™, A NEW BANK ACCOUNT AND DEBIT MASTERCARD®, LAUNCHES EXCLUSIVELY AT WALGREENS, PROMOTES A PATH TO FINANCIAL HEALTH, EARNS REWARDS ON PURCHASES AT WALGREENS AND BEYOND (Photo: Business Wire)

“With a focus on our customers’ health and wellbeing, Walgreens is pleased to expand our financial services offerings with Scarlet, and further expand the broad spectrum of financial solutions that are accessible to the customers, patients and communities we serve,” said Maria Smith, vice president of payments & financial services at Walgreens. “Scarlet is just the latest expansion in the Walgreens financial services portfolio, which also includes the Walgreens mobile wallet, remittance services, ATM, third party banking services and the recently launched myWalgreens Credit Card. We look forward to deepening engagement with our customers, as we continue to support their personal and financial wellbeing.”

“We are proud to bring Scarlet exclusively to Walgreens,” said Stefan Happ, President of InComm Payments. “With Scarlet, we are excited to provide Walgreens’ customers with banking and financial management solutions through Scarlet to help make financial wellness habits more convenient and accessible than ever before.”

“The launch of Scarlet speaks to a continued desire and demand from consumers for seamless and accessible financial experiences,” said Kush Saxena, executive vice president, U.S. Merchants and Acceptance at Mastercard. “We are pleased to deliver our technology and healthcare expertise to deepen Walgreens’ commitment to providing more relevant and personalized solutions for cardholders at Walgreens and beyond.”

A Path to Financial Health:

Scarlet provides tools to help accountholders build healthy financial habits, earn rewards, and save on future purchases. Scarlet accountholders will enjoy:

Valuable Walgreens Cash rewards on Purchases:

• 3% Walgreens Cash rewards on eligible purchases at more than 9,000 Walgreens locations, Walgreens.com, Duane Reade stores and via the Walgreens mobile app²

• 1% Walgreens Cash rewards on eligible purchases wherever Mastercard is accepted²

Features to Promote Financial Wellness:

• $10 statement credit for first $10 spent, available until September 30, 2021³

• Free 2-day early direct deposit⁴

• Free to add cash at Walgreens and Duane Reade locations with Barcode Reload⁵

• Free withdrawals at more than 55,000 ATMs nationwide⁶

• Goal setting to help forecast and manage personal spending

Convenience Solutions Making Banking Accessible anywhere:

• Pay bills anytime, anywhere with online or mobile bill pay

• Mobile wallet compatibility

• Mobile check capture by Ingo^® Money⁷

• Cash back at the register

• 24/7 customer service

• Send money for free to other Scarlet Accountholders

• FDIC insured⁸

For more information and to open an account, visit getScarlet.com.

About InComm Payments

InComm Payments is a global leader in innovative payments technology. Leveraging dynamic technology and proven expertise, InComm Payments delivers enhanced end-to-end payment platforms and emerging financial technology solutions that help businesses grow across a wide range of industries including retail, healthcare, tolling & transit, incentives, mobile payments and financial services. By enabling omnichannel connections to an ever-expanding consumer base in an increasingly digital ecosystem, InComm Payments creates seamless and valuable commerce experiences across the globe. With more than 29 years of experience, over 500,000 points of distribution, 402 global patents and a presence in more than 30 countries, InComm Payments leads the payments industry from its headquarters in Atlanta, Ga. Learn more at www.InCommPayments.com.

About MetaBank^®, N.A.

MetaBank^®, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc.^® (Nasdaq: CASH), a South Dakota-based financial holding company. At Meta, our mission is Financial Inclusion for All^®. We strive to remove barriers to financial access and promote economic mobility by working with third parties to provide responsible, secure, high quality financial products that contribute to the social and economic benefit of communities at the core of the real economy. Meta works to increase financial availability, choice, and opportunity for all.

¹ Scarlet™ Bank Account is a demand deposit account established by MetaBank®, National Association, Member FDIC.

² Must be a myWalgreens™ member. Walgreens Cash rewards are not legal tender. No cash back. Walgreens Cash rewards good on future purchases. Exclusions apply. Complete details, including Walgreens Cash rewards expiration dates and Demand Deposit Account Rewards Terms, at getScarlet.com/Legal.

³To receive a $10 statement credit to your Scarlet Bank Account, you must successfully register online at getScarlet.com for a new Scarlet Account and make a single in-store or online merchant purchase of $10 or more with your Scarlet debit card or temporary virtual card by 11:59pm ET September 30, 2021. Bill payments, fees, ACH payments (using your Account and Routing numbers), over-the-counter cash withdrawals, cash back at point of sale or transfers from your Account do not qualify as merchant purchases. Other exclusions may apply. Statement credit will be posted within 30 days of the promotional end date. Limit one (1) $10 credit per customer. Offer subject to change or cancellation at any time.

⁴ Faster access compared to standard payday electronic deposit and subject to your employer submitting paycheck information to the bank before payday. Your employer may not submit paycheck information early.

⁵ Terms and conditions apply. You can add cash at other locations for up to $3.95. For details, please visit getScarlet.com/Legal. Message and data rates may apply.

⁶ Free in-network ATM withdrawals at over 55,000 Allpoint ATMs.

⁷ The Mobile Check Capture by Ingo Money service is provided by First Century Bank, N.A. and Ingo Money, Inc., subject to the First Century Bank and Ingo Money Terms and Conditions and Privacy Policy. All checks are subject to approval for funding in Ingo Money’s sole discretion. Approval usually takes 3 to 5 minutes but can take up to one hour. Fees apply for approved Money in Minutes transactions funded to your Account. See getScarlet.com/Fees for details. Additional terms and conditions and limits are associated with your use of the Mobile Check Capture by Ingo Money service through the Scarlet Mobile App. See getScarlet.com/Legal for details. Data rates may apply.

⁸ After you register your Account, your deposits are federally protected with FDIC insurance. See getScarlet.com/FDIC for more information.

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