Company: WBS-PG
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000801337-25-000015
Chunk: 74

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 74
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 the consolidated financial statements of Webster for the year ending December 31, 2025 and the internal control over financial reporting of Webster as of December 31, 2025. No determination has been made as to what action the Board would take if Webster’s stockholders do not ratify the appointment.

Representatives of KPMG are expected to be present at the Annual Meeting. They will be given an opportunity to make a statement if they desire to do so and will be available to respond to appropriate questions.

A majority of the votes cast at the Annual Meeting is required to approve Proposal 3 . Abstentions and broker non-votes will have no effect on the vote for this proposal. If no voting instructions are given, the accompanying proxy will be voted for this Proposal 3 .

Auditor Fee Information

The following table presents the aggregate fees and expenses incurred by Webster for professional audit services rendered by KPMG in connection with their audit of Webster’s annual financial statements for the years ended December 31, 2024 and December 31, 2023, respectively, and fees billed for other services rendered during those periods.

|                       |     | Year Ended   
 December 31, |      2024 |     |   |      2023 |
|:----------------------|:----|:-------------|----------:|:----|:--|----------:|
| Audit Fees(1)         |     | $            | 4,638,780 |     | $ | 5,404,442 |
| Audit-Related Fees(2) |     |              |    91,900 |     |   |    91,900 |
| Tax Fees(3)           |     |              |   910,296 |     |   |   972,931 |
| All Other Fees        |     |              |         — |     |   |         — |
| Total                 |     | $            | 5,640,976 |     | $ | 6,469,273 |

(1) Audit Fees consist of fees billed for professional services rendered for the audit of Webster’s consolidated annual financial statements and review of the interim consolidated financial statements included in quarterly reports and services that are normally provided by the independent public accounting firm in connection with statutory and regulatory filings or engagements. Audit Fees also include activities related to internal control over financial reporting under Section 404 of the Sarbanes-Oxley Act.

(2) Audit-Related Fees consist of fees billed for assurance and related