Joe Ferrer

President

Joe Ferrer is President of Auto Plus, responsible for leading sales in all channels, including the Company’s corporate stores, Independent Sales, E-commerce and Export business, and has been with the Company since December 2017. Most recently, Ferrer served as Senior Vice President, Store Sales and Operations. Prior to that position, he was a Regional Vice President with responsibility over the Northeast region, including the New York and New Jersey metro areas, and Puerto Rico. A veteran in the automotive aftermarket parts industry, Ferrer joined the Company following the acquisition of his family’s business, BS&F Auto Parts, one of New York City’s leading automotive parts suppliers. Ferrer started learning the business by working at his father’s previous auto parts store in Bronx at the early age of 11. He then assumed ownership of BS&F in 1998, and under his entrepreneurial, customer-first leadership style, Ferrer grew the store from a $1 million business to a successful $10 million operation. Recognized for his customer commitment, expertise and passion for the business and community, Ferrer created and was featured in “Hard Parts: South Bronx,” a reality show previously on the SPEED cable network.

Transparency In Coverage: IEH Auto Parts LLC Health & Welfare Benefits Program

Federal regulations known as the Transparency in Coverage Rule require the IEH Auto Parts LLC Health & Welfare Benefits Program (the "IEH Plan") to make certain machine-readable data files ("MRFs") available to the public beginning July 1, 2022. The MRFs include medical plan pricing information regarding in-network rates for covered items and services and out-of-network allowed amounts and billed charges for covered items and services.

MRFs for the medical plan options offered under the IEH Plan are maintained by and hosted on the websites of the third-party administrators and insurers who administer those plan options. Links and instructions for locating the MRFs are below.

BlueCross BlueShield of Alabama ("BCBS") creates and publishes the MRFs for the BCBS medical plan benefits offered under the IEH Plan. To find and download those MRFs, please visit the BCBS Transparency in Coverage Rule website at https://www.bcbsal.org/web/tcr. Once on the Transparency in Coverage Rule website, click on the link titled "Transparency in Coverage Rule machine-readable pricing files" to access the Table of Contents file, where you can search for files applicable to the IEH Plan using the Employer Identification Number ("EIN") for IEH Auto Parts LLC. That EIN is 47-3322066.