Company: BPOPM
Filing Date: 2025-09-26
Form Type: S-8
Source: 0001193125-25-220405
Chunk: 5

Company: POPULAR, INC.
Filing Date: 2025-09-26
Form: S-8
Chunk 5
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 this status as such, whether or not the Corporation would have the power or would be required to indemnify him against such liability under the provisions of this Article TENTH or of the General Corporation Law of the Commonwealth of Puerto Rico 
 or of any other State of the United States or foreign country as may be applicable.                                                                                                                                                                      |

| (b) | Article 1.02(b)(6) of the Puerto Rico General Corporation Act (the                                                                                                                                                                           
 “PR-GCA”) provides that a corporation may include in its certificate of incorporation a provision eliminating or limiting the personal liability of members of its board of directors or governing                                           
 body for breach of a director’s fiduciary duty of care. However, no such provision may eliminate or limit the liability of a director for breaching his duty of loyalty, failing to act in good faith, engaging in intentional misconduct or 
 knowingly violating a law, paying an unlawful dividend or approving an unlawful stock repurchase or obtaining an improper personal benefit.                                                                                                  |

| (c) | Article 4.08 of the PR-GCA authorizes a Puerto Rico corporation to                                                                                                                                                                            
 indemnify its officers and directors against liabilities arising out of pending or threatened actions, suits or proceedings to which such officers and directors may be made parties by reason of being officers or directors. Such rights of 
 indemnification are not exclusive of any other rights to which such officers or directors may be entitled under any by-law, agreement, vote of stockholders or otherwise.                                                                     |

| (d) | The Corporation maintains directors’ and officers’ liability insurance. |

| Item 7. | EXEMPTION FROM REGISTRATION CLAIMED |

Not applicable.

| Item 8. | EXHIBITS |

The Exhibits accompanying this Registration Statement are listed on the accompanying Exhibit Index.

| Item 9. | UNDERTAKINGS |

| (a) | The undersigned registrant hereby undertakes: |

| (1) | To file, during any period in which offers or sales are being made, a post-effective amendment to this 
 Registration Statement:                                                                                |

| (i) | To include any prospectus required by section (10)(a)(3) of the Securities Act; |

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| (ii) | To reflect in the prospectus any facts or events arising after the effective date of this Registration                                                                                                                                                   
 Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement. Not