Company: BPOPM
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001140361-25-010189
Chunk: 71

Company: POPULAR, INC.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 71
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. The Popular, Inc. Puerto Rico Savings and Investment Plan is tax-qualified under the Puerto Rico Internal Revenue Code of 2011, as amended. It allows eligible Puerto Rico-based employees to defer a portion of their eligible annual cash compensation on a pre-tax or after-tax basis, subject to the maximum amount permitted by applicable tax laws. USA Savings and Investment Plan. The Popular, Inc. 401(k) USA Savings and Investment Plan is a United States tax-qualified plan that permits eligible United States based employees to defer a portion of their eligible annual cash compensation on a pre-tax basis, subject to the maximum amount permitted by applicable tax laws. Matching contribution to the Savings and Investment Plans. Popular matches 50% of employee pre-tax contributions up to eight percent of the participant’s cash compensation. 2024 Non-Qualified Deferred Compensation The following table shows nonqualified deferred compensation activity and balances attributable to NEOs who participate in the corresponding plan.

| Name              |     |                NEO 
       Contribution 
 in Last FY 2024(a) |     | Registrant        
 Contribution      
 in Last FY (2024) |     |         Aggregate 
       Earnings in 
 Last FY (2024)(b) |     | Aggregate     
 Withdrawals/  
 Distributions |     |           Aggregate 
     Balance at Last 
 FYE (12/31/2024)(c) |
| Ignacio Alvarez   |     |           $491,456 |     | —                 |     |          $228,490 |     | —             |     |          $3,358,099 |
| Carlos J. Vázquez |     |             78,315 |     | —                 |     |           115,228 |     | —             |     |           1,143,540 |
| Javier D. Ferrer  |     |            259,476 |     | —                 |     |           125,746 |     | —             |     |           1,743,796 |
| Manuel Chinea     |     |                  — |     | —                 |     |           264,644 |     | —             |     |           3,024,990 |

| (a) | Amounts reported in this column are included in the Salary column of the 2024 Summary Compensation Table. |

68 | 2025 POPULAR, INC. PROXY STATEMENT

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| (b) | Based on notional earnings and losses from notional investments