Company: WBS-PG
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000801337-25-000015
Chunk: 49

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 49
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2 |     |  $1,364.0 |     | $1,624.4 |     | $1,884.8 |     | $1,500.8 |     | 76.2% |     | 50%    |     | 38.0%    |
| Adjusted ROAA for corporate component score3 |     |     1.19% |     |    1.44% |     |    1.69% |     |    1.31% |     | 73.9% |     | 50%    |     | 37.0%    |
|                                              |     |           |     |          |     |          |     |          |     | Total |     | 100%   |     | 75.0%    |

1 Actual results used for compensation calculation differs from GAAP due to adjustments for one-time items. See Appendix A for a reconciliation of non-GAAP measures to the corresponding GAAP measures. 2 Adjusted PPNR for corporate component score is a non-GAAP measure. See Appendix A for a reconciliation of non-GAAP measures to the corresponding GAAP measures. 3 Adjusted ROAA for corporate component score is a non-GAAP measure. See Appendix A for a reconciliation of non-GAAP measures to the corresponding GAAP measures.

Strategic Contributions —As described above, the Compensation and HR Committee has discretion to adjust the Corporate Component Score by plus or minus 20 percentage points (the “ Adjustment ”) based on Webster’s strategic contributions, including performance against pre-established financial measures relative to its peer group, material negative risk outcomes or other significant items. Other strategic contributions considered in measuring performance for 2024 were the improvement in the Company’s liquidity profile, growth in capital, and a lower CRE concentration. In addition, since the Sterling Merger, the Company has maintained a financial position in the top quartile of our proxy peer group. The table below shows Webster’s performance relative to the 16 companies in the peer group adjusted for one-time items.

| 2024 ANNUAL CASH INCENTIVE—FINANCIAL PERFORMANCE RELATIVE TO PEER GROUP1 |

|                            |     |    2024 |      |   |     |                 |      |   |     |        |    |   |     |                 |      |   |     |             2023 |       |   |     |        |    |   |     |                 |